Stock Market Decline by N142.4bn on Sell Pressure in Oando, GTCO, 22 Others

The Nigerian stock market yesterday surrendered to investors selling pressures on profit-taking in Oando Plc (-5.6 per cent), Guaranty Trust Holding Company Plc (-2.5 per cent) and 22 others.  As a result, the overall capitalisation depreciated by N142.4 billion to N59.391trillion, to end its four-day gaining momentum. Consequently, the Nigerian Exchange Limited All Share Index (NGX ASI) lost by 234.95 basis points or 1.75 per cent to close at 97,992.55 basis points with the Month-to-Date…

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Nigeria’s Fintech Industry Among the Most Advanced Globally, Says SystemSpecs Technology MD at GovTech Conference

Demola Igbalajobi, Managing Director of SystemSpecs Technology Services Limited (STSL), has hailed Nigeria’s financial technology (fintech) sector as one of the most advanced globally. Speaking at the Nigeria GovTech Conference and Awards, organised by the Bureau of Public Service Reforms, which was held recently in Abuja, Igbalajobi lauded the nation’s leadership in fintech innovation and…

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Ecobank Partners SABA Steel, Coleman Wire & Cables, Others for Inaugural Design & Build Expo

Leading global brands in the building, design and finance sectors are partnering with Ecobank Nigeria for its inaugural Design & Build Expo. The key partners include SABA Steel, Nigeria’s largest steel manufacturer; Coleman Wire & Cables, the leading cable producer in West Africa; Donna Spectre, a prominent indigenous oil and gas logistics company; Dulux Paints,…

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Strategic Alliances Will Drive Financial Inclusion and Innovation, Says Remita MD at FirstBank Fintech Conference 6.0

Collaboration between banks and fintechs is the cornerstone of scaling financial innovation and fostering inclusion across Africa, asserted Mr. ‘Deremi Atanda, Managing Director of Remita Payment Services Limited, during the FirstBank Fintech Conference 6.0 held in Lagos on Wednesday, November 13 2024.  Speaking on a panel titled “Scaling for Success: Building Strong Alliances between Banks…

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Sustainability: CWAY Donates Plastic Recycling Bins to Lagos State

CWAY Water, a leading producer of top quality premium drinking water in Nigeria has its commitment to environmental sustainability by donating sets of giant plastic recycling bins to the Lagos State Government through the Lagos State Waste Management Agency (LAWMA). The company said that thisdonation is in furtherance of its ongoing commitment to positively impact…

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Asido Foundation Wins Prestigious ACAMH Award, Recognised for Groundbreaking Mental Health Initiatives in Low and Middle Income Countries

 Asido Foundation, a prominent mental health advocacy organisation committed to fostering mental well-being in Nigeria, has been honoured with the Innovative Research, Training, or Practice in Low and Middle Income Countries (LMICs) Award at the esteemed 6th Association for Child and Adolescent Mental Health (ACAMH) Awards 2024, held recently in the United Kingdom. The ACAMH…

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Remita Champions Innovation at Nigerian Fintech Week 2024, MD Inuaguarated into FintechNGR Governing CouncilÂ

Remita Payment Services Limited (RPSL), a leading player in Nigeria’s financial technology landscape, reaffirmed its commitment to sectoral growth and transformation at the seventh edition of the Nigerian Fintech Week (NFW) held recently in Lagos.  The Nigerian Fintech Week has become Africa’s foremost gathering of fintech innovators, industry leaders, and trailblazers. It is recognised for driving significant…

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SystemSpecs’ GMD, Dr. John Obaro, Advocates for Robust Digitalisation to Improve Governance Frameworks

Dr. John Obaro, Group Managing Director of SystemSpecs Holdings Limited, delivered a compelling address at the 2024 Chartered Institute of Directors Annual Directors Conference in Lagos, underscoring the crucial role of digital transformation in enhancing governance across sectors. His presentation, on “Digitalisation and Governance: Leading with Accountability and Innovation,” offered actionable insights into how the Nigerian public…

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