AIICO Insurance Plc is considering increasing the portion of its profits allocated to dividend payouts. In a statement on Monday, the Managing Director/Chief Executive Officer, Mr. Babatunde Fajemirokun, disclosed this at the company’s 54th annual general meeting held in Lagos. Fajemirokun assured shareholders of high value and better returns on investment in the coming years. […]
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Presco Plc Financial Performance for Q2 2024 Presco Plc reported a pre-tax profit of N20.781 billion for Q2 2024, marking a significant 159.77% year-on-year (YoY) increase. For the first half of 2024, the pre-tax profit reached N50.439 billion, surpassing the full-year pre-tax profit of 2023 by 0.86%. Key Financial Highlights (Q2 2024 vs Q2 2023): […]
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LemFi launches services in Latin America from the US, UK, and Canada, offering the best exchange rates, zero transaction fees, and instant transactions. Also Read: RightCard “LemFi (prev. Lemonade Finance)” Restates its Approval by the Central Bank of Nigeria. LemFi is a leading financial technology platform transforming global money transfers. Serving over 1 million customers […]
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U.S. Opens Special Cybersecurity Office in Abuja to Enhance Collaboration with EFCC, this new office aims to improve cooperation in combating cybercrime and will provide technical support, training, and resources to the EFCC The announcement was made by the newly appointed U.S. Ambassador to Nigeria, Richard Mills Jr., during a meeting with President Bola Tinubu […]
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Intron Health, a health tech company specializing in clinical speech recognition for African accents, has raised $1.6 million in a pre-seed funding round. Led by Microtraction, the funding round saw participation from Plug and Play Ventures, Jaza Rift Ventures, Octopus Ventures, Africa Health Ventures, OpenseedVC, Pi Campus, Alumni Angel, and Baker Bridge Capital, along with […]
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Britain’s Foreign Secretary David Lammy has arrived in India for discussions with ministers and business leaders. The visit aims to re-establish Britain’s ties with India and other countries in the Global South. Mr. Lammy has described India as “an indispensable partner” in the UK government’s efforts to boost the economy and combat climate change. With […]
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The Naija Queen Open Market Fashion Show organized by Good Mama was a huge success, with customers being rewarded with over N10m worth of prizes across various markets in Nigeria. The event, which aimed to showcase the brand’s commitment to both cleanliness and style, was held in markets across Lagos State, Kwara State, Oyo State, […]
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African Brands, committed to advancing and fostering brand development throughout the continent, will be honoring financial technology firms for their contributions to enhancing financial inclusion across Africa at the fifth Africa Financial Technology Congress (AFTC). The event, themed ‘Harnessing the Power of Fintech to Accelerate Financial Inclusion in Emerging Markets”, is scheduled to be held […]
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The ‘I Rise, We Rise’ campaign by Chivas Regal represents a bold and innovative approach to celebrating collaboration and creativity within the Nigerian creative community. By partnering with talented individuals such as BNXN, TG Omori, and Sore Adebisi, Chivas Regal is highlighting the importance of mutual support and teamwork in achieving success. The involvement of […]
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The positive feedback from consumers regarding the Terra Gold food seasoning cubes reflects the brand’s commitment to providing high-quality and versatile products that enhance the cooking experience for consumers across Nigeria. The ‘One Cube, Endless Possibilities’ campaign has resonated with consumers, highlighting the brand’s ability to cater to a wide range of culinary preferences and […]
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