April 23
Nigeria: What to Know About New Firstbank's Acting CEO, Alebiosu
Daily Trust
First Bank of Nigeria Limited (FirstBank), on Sunday, announced Olusegun Alebiosu as its new acting Managing Director/Chief Executive Officer pending the approval of the Central… Read more »
Uganda: Equity Bank Admits 110 Students to Its Leaders Programme
Nile Post
Equity Bank Uganda has selected 110 high-performing students from the 2023 Uganda National Examination Advance Certificate of Education for its Equity Leaders program. Read more »
Zimbabwe: Company Loses U.S.$120 000 to Robbers
The Herald
Armed robbers raided a local company on Sunday night before stealing over US$120 000 cash, amid suspicions that most of these robberies involve insiders. Read more »
Zimbabwe: Prospect Lithium Zim Celebrates Milestones
The Herald
Prospect Lithium Zimbabwe (PLZ) today celebrated its 2nd anniversary with a grand event highlighting the theme "Adapting and Thriving: Celebrating 2 Years of Growth and Resilience… Read more »
Zimbabwe: Bus Firm Boss Loses U.S.$147 000
The Herald
Transport tycoon Mr Leonard Mukumba allegedly lost US$147 000 after investing in a close friend's business. Read more »
April 22
Nigeria: Aviation Fuel - Domestic Airlines Set to Cut Airfares
Vanguard
There are strong indications that domestic airlines operators may reduce ticket prices for passengers due to the imminent supply of aviation fuel, otherwise known as Jet A1, by… Read more »
Nigeria: FG to Achieve 6000 Megawatts Using Hydro, Solar Plants - Adelabu
Vanguard
The Minister of Power, Adebayo Adelabu, has unveiled plans to increase power generation from 4000 Megawatts to 6000 using the hydro and solar plants. Read more »
Kenya: Huawei to Sponsor University Students to Undergo Tech Training in S.Africa
Capital FM
Huawei Kenya is set to sponsor selected students from different universities in the country in a technology teaching program in South Africa. Read more »
Nigeria: Alebiosu Takes Over As Acting CEO of First Bank
Daily Trust
The Board of Directors of First Bank has announced Segun Alebiosu, Executive Director and Chief Risk Officer of First Bank, as the acting Managing Director and Chief Executive of… Read more »
Nigeria: Transcorp Hotel Records N41.4bn Revenue in 2023
Daily Trust
Transcorp Hotel Plc has announced a 36.2 per cent rise in its revenue in 2023. Read more »
Nigeria: Transcorp Power Recorded 775 Percent Profit in Q1
Daily Trust
Transcorp Power Plc (Transcorp Power) has announced a 775 per cent Profit Before Tax (PBT) in the first quarter of 2024 with profit rising from N3.29 billion in Q1 2024 to N28.77… Read more »
Nigeria: Dana Air Conducts Free Health Screening for Passengers, Others
Daily Trust
Dana Air, one of Nigeria's leading airlines, has announced two significant initiatives aimed at promoting health and wellness among its staff and customers and that it has… Read more »
Africa: New Nissan Navara Proves Its Mettle in Africa's Tough Terrain
The Herald
Following the success of the NP300 pickup trucks, Nissan's Navara is proving itself a worthy successor. Launched in 2021, the Navara has maintained high sales figures in Zimbabwe,… Read more »
April 21
Nigeria: We Are Not Recruiting, Says CAC
Vanguard
The Corporate Affairs Commission (CAC) says it is not recruiting at the moment and advised Nigerians to be wary so as not to fall victims of deceit. Read more »
Nigeria: We Do Not Add Sugar to Infant Products in Nigeria - Nestle
Vanguard
Food and beverage company, Nestle Nigeria, has refuted the claims of an investigative report alleging that it (Nestle) was adding sugar to its infant milk and cereal products sold… Read more »
Nigeria: Dangote, Air Peace and the Patriotism of Capital
This Day
Money is perhaps a homeless vagrant. It has no nationality or permanent homestead in real terms. It goes and stays only where its masters are wise, prudent and far sighted. But in… Read more »
Nigeria: CBN Partners International Money Transfer Companies to Double Remittances to Nigeria
This Day
*Remittance task force to report directly to Cardoso Read more »
Nigeria: FBN Holdings Cancels EGM for N300bn Capital Raise Amid Managing Director's Resignation
This Day
In what looks like a coincidence, FBN Holdings Plc, which announced the retirement of the Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Adesola… Read more »
Nigeria: How Adeduntan Resigned As First Bank CEO On CBN's Order
Leadership
There are strong indications that the sudden resignation of former Managing Director and CEO of First Bank, Dr Adesola Adeduntan was triggered by directives from the Central Bank… Read more »
Nigeria: $20bn Dangote Refinery - High Sulphur Diesel Narrative False, Mischievous - -Spokesman
Vanguard
The Management of Dangote Industries Limited has condemned an online report doubting the quality of its diesel. Read more »
April 19
Nigeria: Nestle Reacts to Allegation of Adding Sugar to Infant Formulas in Nigeria
Premium Times
The reaction is contained in a statement issued on Thursday and shared with PREMIUM TIMES by the company's Head of Corporate Communications, Victoria Uwadoka. Read more »
Nigeria: Dangote's Bid to Merge Sugar, Salt, Rice Businesses Hits Brick Wall
Premium Times
The suspension "centred around the current non-operational status of Dangote Rice Limited" by the Securities and Exchange Commission (SEC), Nascon Allied Industries said. Read more »
April 18
Liberia: HPX Completes Technical Due Diligence On St John River Iron Ore Licenses
Liberian Observer
-- Financial due diligence underway with anticipated completion in 2nd quarter 2024; St John River licenses previously owned by BHP and cover a combined area of almost 250 km2… Read more »
Zimbabwe: Dinson Targets U.S.$4,3bn Revenue in Final Phase
The Herald
Dinson Iron and Steel Company (DISCO), a subsidiary of Chinese steel giant Tsingshan Holdings Group, is targeting net annual revenue of US$4,25 billion in the fourth and final… Read more »
Nigeria: Access Bank to Reward 15,786 Customers in Diamond Xtra Season 16 Promo
Daily Trust
The management of Access Bank has set aside N200 million in cash and three SUVs to reward 15,786 customers in its Season 16 DiamondXtra campaign. Read more »