Zenith Bank, AfCFTA ink agreement to deploy SMARTAfCFTA for Africa trade

Business a.m. Zenpay Limited, a fully owned subsidiary of Zenith Bank Plc, and the African Continental Free Trade Area (AfCFTA) secretariat signed an agreement at the weekend that will lead to the development, launch and deployment of the SMARTAfCFTA portal designed to break down barriers, facilitate and bolster trade in Africa. Ebenezer Onyeagwu, chairman, Zenpay […]

KOFISI partners Workshop17 in shaping Africa’s workspace future

Onome Amuge In a groundbreaking alliance that could herald a new dawn for shared workspaces in Africa, the continent’s two frontrunners in the industry, KOFISI and Workshop17, have announced a partnership to offer an unparalleled breadth of services across Africa.  Riding the crest of Africa’s demographic tidal wave, shared workspace providers KOFISI and Workshop17 have […]

UBA creates 398 jobs across Africa through its graduate programme (GMAP)

Business a.m. Africa’s Global Bank, United Bank for Africa (UBA), recently held the second edition of its expanded Graduate Management Acceleration Programme (GMAP) class of 2024, where 398 buding African talents were officially inducted into the UBA Tribe,having successfully completed a rigorous six-month training programme that fused on-the-job experience with academic learning. The event, held […]

Moniepoint MFB wins best Fintech for supporting Nigeria’s hospitality industry

Business a.m. L – R  Chibuikem Diala, executive director, International Hospitality Tourism and Eco-Sustainability Forum; Ekene Nnabuihe, chief executive officer, Boulevard Hotel; Isoken Aigbomian, regional sales manager, Enterprise Sales, Moniepoint; and Bemigho Awala, public relations manager, Moniepoint during Moniepoint’s award win as Best Hospitality Industry Support – Fintech Award at the HIESA awards ceremony which […]

Transcorp Hotels to tap into $107bn luxury hotel market with Ikoyi 5-star hotel

  Reports record 36.2% revenue growth to N42bn revenue in 2023 Onome Amuge Transcorp Hotels is solidifying its presence as a major player in the luxury hospitality industry by expanding its portfolio with a 315-room, 5-star hotel in the heart of Ikoyi, Lagos. This venture aligns with the company’s strategy to capitalise on the growing […]

PZ Cussons mulls African exit amid Nigeria sales downturn

Cynthia Ezekwe PZ Cussons, an international consumer goods manufacturer, has announced intentions to strategically review its business operations in Africa, including the possibility of exiting the continent. This consideration stems from the unfavorable economic conditions in Nigeria, such as naira devaluation and inflation, which have markedly affected the company’s sales and operations, leading to a […]

Dangote Cement Q1 revenue soars to N817bn as pan-African demand booms 

DANGOTE CEMENT PLC - Renewed demand reaffirms strong outlook

Business a.m. Nigeria’s largest cement manufacturer, Dangote Cement Plc, recorded 101 per cent increase in revenue within a year, propelled by an upswing in economic activities across key markets, according to its latest unaudited financial statement. In the first three months of 2024, the company reported a revenue of N817.4 billion, a significant jump from […]

NDFF confab to open Nigeria’s $100bn blue, green economies

Joy Agwunobi In a country brimming with potential, Nigeria’s thriving blue and green economies, estimated at about $100 billion annually in sustainable investment opportunities, remain tantalisingly close, yet largely untapped.   According to industry stakeholders, unlocking this vast mine  of economic potential could prove to be a game-changer for Nigeria, breathing new life into the country’s […]

NCC attention drawn in petition to Airtel over corporate negligence

Airtel Africa earmarks $750m to revamp mobile money market

  Lawyer calls on NCC to sanction telecom giant Business a.m. Reporter   Airtel Networks Ltd, a major telecom service provider in Nigeria, has been petitioned by a human rights lawyer, Olubunmi Odeniyi over an explosion resulting in an inferno at one of its base transceiver stations (BTS) at Abaranje, Ikotun, in the outskirts of […]