Online loan company, Aella Credit gets $10M raise

Focused on improving financial inclusion for West Africa’s low-income segment, a Nigerian fintech start-up, Aella has raised a $10m debt financing round, from HQ Financial Group (HQF), Singapore-based private company specializing in new material science, semiconductor and blockchain financial investments. This debt financing round is Aella’s second raise and will bolster the company’s commitment to […]

LASG Confirms Opay,Okada, Napep ban in Lagos

Lagos State Government on Monday wielded the big stick against the menace of commercial motorcycles (Okada) , Opay and tricycles (Keke NAPEP), proscribing their operations in six Local Government Areas (LGAs), nine Local Council Development Areas (LCDAs) and 10 major highways across the State with effect from February 1. The State Government directed security operatives […]

Boko Haram Kills Abducted Christian Leader in Adamawa

A Christian leader in Adamawa state has been killed by insurgents known as Boko Haram. The deceased, Lawan Andimi was the Chairman of Christian Association of Nigeria (CAN). He was abducted and efforts to negotiate his release by the association and government proved abortive as he was eventually killed on Monday.  

Nigerian Bottling Company Appoints Matthieu Seguin as Managing Director

Non-alcoholic beverage giant, Nigerian Bottling Company Limited (NBC) has announced the appointment of Matthieu Seguin as the company’s Managing Director effective October 3, 2019. Seguin succeeds George Polymenakos who was appointed in August 2016. Until his appointment, he was the General Manager for Coca-Cola HBC Ireland & Northern Ireland for almost 4 years. According to […]

WINNERS OF 2019 FIRSTBANK SPONSORED NATIONAL COMPANY OF THE YEAR COMPETITION CONTEST IN THE AFRICA COMPANY OF THE YEAR COMPETITION

First Bank of Nigeria Limited has announced that Taidob College Abeokuta, the 2019 winners of the National Company of the Year competition organized by Junior Achievement Nigeria would compete against student teams from 10 other Junior Achievement member countries across Africa. The student team contestants comprise representative from the Kingdom of Eswatini (Swaziland), Ghana, Zambia, Gabon, Uganda, […]

Centurion Senior Associate Zion Adeoye Wins ESQ 40 Under 40 Award

Zion oversees a growing team of African lawyers working on the most complex energy transactions shaping Africa’s modern energy industry LAGOS, Nigeria, November 20, 2019/ — Centurion’s Senior Associate Zion Adeoye has been recognized as an ESQ 40 under 40 Lawyer at the Nigerian Rising Stars Award last week. The ESQ 40 under 40 award […]

How Yahoo boy bought 2 Lekki homes worth N70 Million from Prison

A convicted internet fraudster, Hope Olusegun Aroke who is serving a 24-year jail term at the Kirikiri Maximum Prison in Lagos is again, the subject of investigation by the Economic and Financial Crimes Commission for being the alleged mastermind of a mega scam to the tune of over $ 100,000, 000. The yahoo boy is […]

Seplat Petroluem names replacement for MD,Austin Avuru

Seplat Petroluem has announced that her pioneer Managing Director and later CEO, Mr. Austin Avuru will be retiring in July 2020 after 10 years of leading the company. In these 10 years, Mr. Avuru led the development of a strong organization, the deployment of agile systems, processes and stakeholder relationships that allowed the organization to grow […]

Buhari sacks VP Osibanjo’s aides

A report just coming in now has it that President Muhammadu Buhari has approved that sack of thirty-five aides working in the office of Vice-President Yemi Osinbajo. Daily Nigerian and TheCable both revealed that credible sources from the presidency confirmed the sack to be true and that it even affected aides who were issued appointment […]