ARNFoods, a leading name in Nigeria’s agricultural sector, has joined forces with AGI Milltec, a global leader in grain processing technology, to increase rice production in the country. The partnership, officially signed on September 6, 2024, in Lagos, aims to address Nigeria’s ongoing rice shortage by improving local production capacity and reducing dependence on imports.
Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2024, recording an impressive triple-digit growth of 117% in gross earnings from N967.3 billion reported in H1 2023 to N2.1 trillion in H1 2024. This superior performance has been achieved even as the Nigerian banking industry navigates a challenging macro environment.
Collaborative for Frontier Finance (CFF), an Inclusive Finance Company headquartered in Kenya, is delighted to announce the appointment of Chinwe Egwim as the Chief Economist and Director of Research and Impact Lab. CFF is renowned for its multi-stakeholder approach to increasing access to capital for small and growing businesses (SGBs) in emerging markets across Africa
Sygen Pharmaceuticals Ltd head quartered in Lagos, Nigeria (laygen) and ORx Pharmaceuticals Corporation based in Ontario, Canada (ORx) are thrilled to announce the formation of a groundbreaking joint venture. Sygen-ORx Biosciences, is aimed at revolutionizing healthcare and addressing pharmaceutical drug security challenges through collaborative innovation. ORX Pharmaceuticals, an affiliate of the Toronto Institute of Pharmaceutical
Are you a CMO, Head of Marketing, or CEO in the lending space? If so, you know just how fiercely competitive the online lending industry has become. With new companies springing up almost daily, standing out and staying ahead requires more than just a good product—it demands innovative strategies that drive growth and maximize profitability.
Appoints Esther Adeola-Balogun as managing director/CEO United Capital Group, a leading Pan-African investment management and financial services group, proudly announced the official launch of its newest subsidiary, UCEE Microfinance Bank, at an exclusive grand opening ceremony held yesterday at the UCEE Microfinance Bank House in Marina, Lagos. The event was graced by the special
The Nigerian film “Afamefuna: An Nwa Boi Story,” which explores the Harvard-recognized Igbo apprenticeship system, has resonated with audiences worldwide, emerging as the top-viewed Nigerian movie on Netflix in 2024. This monumental achievement underscores the film’s powerful storytelling and cultural significance, positioning it as a strong contender for an Oscar nomination. Upon its debut on
ERCAS, a PSSP-licensed fintech company, has unveiled ErcasPay, the ultimate omnichannel and multi-currency payment solution for businesses of all sizes. By introducing multi-currency payment capabilities, ErcasPay breaks down barriers that have long hindered local businesses from tapping into the booming international market. According to the Managing Director of ERCAS, Ibukun Eko-Salaudeen, “ErcasPay takes away international
Veritas Kapital Assurance Plc, has unveiled its financial results for the half year of 2024, again revealing an incredible increase in profit after tax of 630%. The company’s profit grew from N672.4 million in H1 2023 to an astounding N4.908 billion in H1 2024, marking an extraordinary year-on-year growth. This unprecedented financial success underscores Veritas
The Enterprise Development Centre (EDC) in partnership with the Mastercard Foundation is excited to announce the commencement of the fifth year of the Transforming Nigerian Youth (TNY) program. This innovative initiative has successfully empowered thousands of young female entrepreneurs and aspiring businesswomen across Nigeria, offering both online and in-person training sessions in various states and