GTCO raises N10bn in Private placement COMFORT EKELEME, Business Editor Guaranty Trust Holding Company Plc (GTCO) has obtained the approvals of both the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to undertake a private placement of its ordinary shares, subject to the fulfilment of......
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Nigerian youths remain nation’s greatest asset for development- Dangote
COMFORT EKELEME, Business Editor President of Dangote Industries Limited, Aliko Dangote has described Nigerian youths as the nation’s greatest asset emphasizing their creativity, resilience and ingenuity. Dangote made these remarks at the weekend while being conferred with an honorary doctorate degree in Management Technology (D.MT) by the Federal University of......
How Lagos traders struggle as styrofoam gradually disappears in markets
Traders have continued to count their losses about five months after the Lagos State Government banned styrofoam products in the state. The ban has created two opposing camps between taders, whose businesses were heavily hit and environmentalists, who insist that the policy is necessary to protect public health and the......
The Alternative Bank unveils flagship Effurun branch, sets bold pace for Delta’s economic future
The Alternative Bank (AltBank), has opened its flagship branch in Effurun, Delta State, a bold move in its mission to reshape banking in Nigeria. Strategically positioned to serve the wider Edo/Delta region, the branch is designed as a hub for purposeful banking and real financial empowerment for individuals, entrepreneurs, and......
Moniepoint MFB redefines MSMEs operations with Moniebook
COMFORT EKELEME, Business Editor Moniepoint Microfinance Bank has launched Moniebook, a comprehensive all-in-one Point-of-Sale (POS) solution designed to transform how businesses in retail, hospitality, health, and beyond manage their operations. As the first solution in the country to seamlessly unify payments and bookkeeping in one tool, it is tailored for......
Waste management: Lagos to acquire 500 tricycle compactors
The Lagos State Waste Management Agency (LAWMA) is to acquire 500 mobile tricycle compactors in 2026 to tackle the rising waste challenge in the state. The News Agency of Nigeria (NAN) reports that LAWMA’s Managing Director/Chief Executive Officer, Dr Muyiwa Gbadegesin, disclosed this at a media parley on Wednesday in......
Arthur Stevens CEO, Amolegbe, to keynote Business Journal annual lecture
Managing Director/Chief Executive Officer, Arthur Stevens Asset Management Limited, Mr. Olatunde Amolegbe, will deliver the Keynote Paper at the Business Journal Annual Lecture 2025 scheduled for Tuesday, December 16, 2025 at Oriental Hotel, Lekki Road, Victoria Island, Lagos. The theme of the lecture is AI & Digital Economy: Projecting the......
The Alternative Bank drives new era for trade at NITF 2025
COMFORT EKELEME, Business Editor The Alternative Bank (AltBank) has emphasised its commitment to tailored export-finance solutions for MSMEs in across the health, education, agriculture, renewable energy and transportation value chains. The pledge, which comes on the backdrop of the ongoing Nigeria International Trade Fair 2025, reinforces the Bank’s role as......
Energia launches graduate trainee program for next generation of energy professionals
COMFORT EKELEME, Business Editor Energia Limited, a leading Nigerian independent energy company has announced the launch of its Graduate Trainee Programme, a structured development initiative designed to accelerate the career growth of young Nigerian professionals in the energy sector. The programme offers graduates the opportunity to gain hands-on experience across......
Ecobank Nigeria announces tender offer for outstanding 2026 senior Eurobond
COMFORT EKELEME, Business Editor Ecobank Nigeria Limited has announced the launch of a tender offer for its outstanding $300,000,000 7.125per cent Senior Note Participation Notes due 2026 (Rule 144A ISIN: US26824MAB63; Reg S ISIN: XS2297197266). As at the date of this announcement, $150,000,000 of the Notes remain outstanding. The Proposed......