July 2024 – The Industry

Nigeria embarks on agricultural transformation with GHAPP

Boma AlJuly 31, 2024

by Boma AlJuly 31, 2024034

In a groundbreaking move to enhance food security and economic development, the Federal Executive Council has approved the Greener Hope National Agricultural Mechanisation Programme (GHAPP)....

Industry News

UTA urges dialogue ahead of August 1 protest

Boma AlJuly 31, 2024

by Boma AlJuly 31, 2024026

As the August 1 nationwide protest looms, the United Towns Agency (UTA) Nigeria, an NGO affiliated with the United Nations, has called for dialogue between...

Foreign News Industry News

Airbus and Partners launch $200M sustainable aviation fuel fund

Boma AlJuly 31, 2024July 31, 2024

by Boma AlJuly 31, 2024July 31, 2024031

Airbus, in collaboration with Air France-KLM Group, Associated Energy Group, LLC, BNP Paribas, Burnham Sterling, Mitsubishi HC Capital Inc., and Qantas Airways Limited, have launched...

Appointment

Firm gets new leadership

Kikelomo OyenugaJuly 31, 2024July 31, 2024

by Kikelomo OyenugaJuly 31, 2024July 31, 2024033

FBS Re, a fast-growing Nigerian reinsurance company, has appointed a new management team and board members. A statement from the firm noted that the changes...

Energy

NNPC to increase crude oil production to 2m barrels daily

Kikelomo OyenugaJuly 31, 2024

by Kikelomo OyenugaJuly 31, 2024026

The Nigerian National Petroleum Company Limited has made it known that its target is to increase crude oil production to two million barrels per day...

Industry News

Fuel crisis lingers as vessels berth at Lagos ports

Kikelomo OyenugaJuly 31, 2024

by Kikelomo OyenugaJuly 31, 2024024

The long queue in Abuja, Lagos and other parts of the country is an evidence that fuel crisis being experienced by Nigerians is yet to...

Appointment

KONE appoints Loay Dajani as MD, Middle East, Turkey & Africa

Kikelomo OyenugaJuly 30, 2024

by Kikelomo OyenugaJuly 30, 2024032

Dajani brings a wealth of knowledge and expertise to KONE, having held numerous senior positions throughout his career KONE, a global leader in the elevator...

Appointment

Mpho McNamee becomes Telkom’s new CCAO

Kikelomo OyenugaJuly 30, 2024

by Kikelomo OyenugaJuly 30, 2024027

Telkom has announced the appointment of Mpho McNamee as its new chief corporate affairs officer. McNamee brings more than 18 years of experience in corporate...

Appointment

Camilla Clerke announced as Ogilvy global creative lead for Unilever

Kikelomo OyenugaJuly 30, 2024

by Kikelomo OyenugaJuly 30, 2024039

The move was announced in Campaign Live. Clerke became Ogilvy SA’s executive creative director (ECD) in 2021 as part of a renewed strategy and reorganisation...

Finance

Zenith Bank to raise N290bn capital through rights issue , public offer

Kikelomo OyenugaJuly 30, 2024July 30, 2024

by Kikelomo OyenugaJuly 30, 2024July 30, 2024036

Zenith Bank Plc has finalised plans to raise about N290bn fresh capital, which is higher than the N230bn it needs to meet the fresh recapitalisation...