Business

Afreximbank receives AAA/Stable rating from China Chengxin International Credit Rating Co.   China Chengxin International Credit Rating Co., Ltd (CCXI) has assigned an ‘AAA/Stable’ rating to African Export-Import Bank (Afreximbank), recognising the Bank as a leading Multilateral Financial Institution (MFI) on the continent.  Afreximbank is the first African Multilateral Financial Institution to receive AAA rating […]

Expert Highlights Financial Gains of Integrated EPMS and BMS Solutions for Data Centers With the explosion of AI, cloud computing, and data-driven technologies, data centers face mounting challenges to balance high performance with efficiency and cost control. In this rapidly evolving landscape, integrated Electrical Power Management Systems (EPMS) and Building Management Systems (BMS) are emerging

SERAP sues Tinubu over ‘failure to probe missing N57bn in Humanitarian Affairs Ministry, other funds’   Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Tinubu over “the failure to direct the Attorney General of the Federation and Minister of Justice Mr Lateef Fagbemi, SAN to work with appropriate anti-corruption agencies

UBA Donates N500 Million to Lagos State Security Trust Fund, Pledges Support for State’s Effort at Improving Security   United Bank for Africa (UBA) through UBA Foundation, its corporate social responsibility arm, has donated the sum of N500 million to the Lagos State Security Trust Fund (LSSTF), as part of its continued commitment to secure

PNC 2024 Ends As NCDMB Commits to Deeper Community, Industry Engagements   The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Wednesday in Yenagoa expressed profound gratitude to industry stakeholders, top-ranking vendors and staff of the Board for their contributions to the success of the Practical Nigerian Content (PNC)

Fagbemi says Nigeria demonstrating will to promote justice, end terrorism *Asks ICC to stop unfair probe of Nigerian military Nigeria at the global stage yesterday says it has demonstrated the will to promote justice and end terrorism among other global crimes. The Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi (SAN),

Egbin Power Wins Best in Safety Performance Power GenCo Award at AfriSafe 2024   Egbin Power has solidified its commitment to safety excellence, as the GenCo was recently recognised as “Best in Safety Performance in Power Generation Company” in Africa at the 2024 AfriSafe Awards held in Livingstone, Zambia.   In the nomination category that had other

Man bags life imprisonment for raping 7-year-old   The Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi (SAN), has secured the conviction of one Laminu Ahmed, 36, for the rape of a seven-year-old girl. Justice Modupe Osho-Adebiyi of the Federal Capital Territory (FCT) High Court 14 in a judgment delivered on