Category: Business

Polaris Bank Promotes SMEs, Sponsors The Fashion Souk

Gedion Myek

Polaris Bank has reaffirmed its commitment to support the growth of Small and Medium Enterprises (SMEs) in Nigeria. The bank in a statement gave this assurance while disclosing plans to sponsor The Fashion Souk 7.0. The statement further noted that three successful entrepreneurs who emerge winners in a business pitch at the event will go home with N1million, N500,000 and N250,000 for the overall winner, first runner-up and second runner-up respectively. The two-day event, which is organised in partnership with Nigeria’s foremost event management company, EVENTFUL Limited is scheduled to…

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The New Africa Magazine Names Onyeali-Ikpe, Banda, Taylor, Senator Olujimi, Others As Outstanding Women in Africa

JUSTINA EMMANUEL OKPARA

The New Africa Magazine, a strong believer in the culture of recognition for both men and women who have been shaping the vision and progress of the African continent, has released its list of 110 Outstanding Women in Africa for the year 2022. Some of those picked for the special recognition are the first female Managing Director, Fidelity Bank Plc, Ms. Nneka Onyeali-Ikpe; Hon. Joyce Hilda Banda, Fmr. President of Malawi, Hon. Jewel Howard Taylor, Vice President of Liberia; Jamila Sedqi, First Moroccan Female Judge at the UN Administrative Tribunal,…

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The New Africa Magazine Names Onyeali-Ikpe, Banda, Taylor, Senator Olujimi, Others As Outstanding Women in Africa

JUSTINA EMMANUEL OKPARA

The New Africa Magazine, a strong believer in the culture of recognition for both men and women who have been shaping the vision and progress of the African continent, has released its list of 110 Outstanding Women in Africa for the year 2022. Some of those picked for the special recognition are the first female Managing Director, Fidelity Bank Plc, Ms. Nneka Onyeali-Ikpe; Hon. Joyce Hilda Banda, Fmr. President of Malawi, Hon. Jewel Howard Taylor, Vice President of Liberia; Jamila Sedqi, First Moroccan Female Judge at the UN Administrative Tribunal,…

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Nollywood Actress, Omotola Jalade-Ekeinde, Becomes Estate Agent In U.S

Gedion Myek

Nollywood actress Omotola Jalade-Ekeinde has followed her academic path by venturing into the real estate business in Arizona, a state in the United States of America. Omosexy, as she is popularly known, studied Estate Management at Yaba College of Technology, Lagos, and it appears she has chosen to pursue a career along that line. The actress, who is married to a pilot, Matthew Ekeinde, is now based in Los Angeles, California, with three of her children, Meraiah, Micheal and Mathew Jnr. In December 2020, the 44-year-old actress floated Double Doors…

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Finance Minister Faults CBN On Planned Currency Alteration

Onyinye Obianwu

…asks Senate to probe proposal Nigeria’s Minister of Finance, Budget and National Planning, Zainab Ahmad, has reportedly disowned the new Central Bank of Nigeria (CBN) policy on redesigning the Nigerian currency, the naira. The Minister made this disclaimer when she was to a question raised by Senator Opeyemi Bamidele representing Ekiti Central, during the 2023 budget defence session with the Senate Committee on Finance. Reports reaching voiceofnaija.ng have it that the Finance Minister warned the CBN of the dire consequences that may arise from its new policy. The Senator asked: “Just two…

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German Customs Seize, Destroy Snails, Rotting Meat From Nigeria

JUSTINA EMMANUEL OKPARA

German customs officials say a trail of slime led them to a stash of almost 100 giant African land snails and other items hidden inside bags at Duesseldorf Airport this month. In a statement Friday, authorities said officials stumbled over one of the snails on a baggage truck and initially thought it was a toy until it started moving. By following the trail left by the 20-centimeter (8-inch) snail, they found a bag with a hole, with another snail already peeping out of it — possibly preparing a dash for…

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Report Ranks Lagos Fourth In Africa’s Dollar Millionaires

Admin

A report by research firm, New World Wealth and Henley & Partners, has ranked Nigeria’s commercial capital, Lagos, fourth in terms of the number of dollar millionaires in Africa. The latest Henley Global Citizens Report, which tracks private wealth migration trends worldwide, shows Lagos has 6,300 High Net Worth Individuals (HNWI) with at least $1 million. The report shows South Africa’s business hub Johannesburg has 15, 200 dollar millionaires – the most in Africa – followed by Egypt’s capital Cairo, which has 7,800 HNWIs. Another South African city, Cape Town,…

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FBNInsurance Names Tunde Mimiko New MD/CEO

Gedion Myek

FBNInsurance Limited has announced the appointment of Mr. Tunde Mimiko as its new Managing Director/Chief Executive Officer, following the retirement of Mr. Val Ojumah. A statement released by the company described Mimiko as a seasoned insurance professional with over 23 years’ experience in life and general insurance, spanning sales and marketing, business development, strategy, vision & mission planning, technical operations, product development & management. The statement added that he was a transformational leader who has actively participated in the transition projects of the various companies where he served, including the…

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