inDrive closes 2024 with major milestone in driver welfare in Nigeria, investing over N5bn
Post AMUGE
November 17, 2024
As part of its ongoing dedication to driver welfare, inDrive, the global platform for mobility and urban solutions, has concluded a remarkable year with a series of impactful initiatives in Lagos, culminating in a total investment of over 5 billion Naira in 2024. Reinforcing its commitment to improving driver welfare, earnings, and empowerment. Supporting driver […]
Glovo creates pathway for future female tech leaders with Women in Tech bootcamp
Post AMUGENovember 16, 2024
Onome Amuge Glovo, a leading Nigerian multi-category platform, has joined forces with the Lagos State government and She Code Africa, a non-profit organisation focused on empowering young girls and women in tech across Africa, to launch an innovative Women in Tech Bootcamp Programme. The 12-week intensive training programme aims to empower 100 women by providing […]
Dangote Cement eyes bond market to strengthen finance
Post AMUGENovember 16, 2024
Onome Amuge Dangote Cement Plc, Nigeria’s leading cement producers, has hinted at a potential return to the capital market to raise fresh funds. The company, in a disclosure filed with the Nigerian Exchange (NGX) recently, revealed that the proceeds from the planned fundraising would be used to partially refinance existing debt obligations and support its […]
TotalEnergies, bp, Equinor, Shell launch $500m initiative to expand global energy access
Post AMUGENovember 15, 2024
Onome Amuge TotalEnergies, bp, Equinor, and Shell have committed to a joint investment of $500 million, a collective move to advance the United Nations’ Sustainable Development Goal 7 (SDG7), which seeks to ensure affordable, reliable, sustainable, and modern energy for all. This strategic partnership, according to the oil conglomerates, aims to create a meaningful […]
Access Bank emerges only Nigerian company on Forbes 2024 World’s Best Employers list
Post AMUGENovember 15, 2024
In reflection of its dedication to fostering a workplace culture that prioritises employee empowerment, inclusivity, and gender equity, leading full-service commercial bank, Access Bank PLC has been named the only Nigerian company on the 2024 World’s Best Employers List by Forbes. As one of only 13 African companies to receive this distinction amongst the 850 […]
NNPC denies stopping fuel imports, slams inaccurate news report
Post AMUGENovember 14, 2024
The Nigerian National Petroleum Company (NNPC) Ltd. has described a news report that it had ended the importation of refined petroleum products and is now sourcing from the Dangote Petroleum Refinery and other local refineries as a misrepresentation and misinterpretation of fact. A national newspaper, had on Tuesday, November 12, credited NNPC’s Group Chief Executive […]
Access Bank (UK) Limited to acquire Mauritius-based AfrAsia Bank Limited
Post AMUGENovember 14, 2024
Bamidele Famoofo Access Holdings Plc has announced that its banking group’s, subsidiary, The Access Bank UK Limited has entered into a binding agreement to acquire a majority equity stake in AfrAsia Bank Limited, the Republic of Mauritius’ third largest bank by total assets. Mauritius, renowned for its robust financial services sector which contributes 13.4 per […]
PalmPay: Empowering Nigerians with seamless, reliable transactions every day
Post AMUGENovember 14, 2024
In a world where life moves fast and every second counts, PalmPay has become more than just a financial platform—it’s a lifeline for millions of Nigerians seeking reliability, convenience, and a stress-free payment experience As PalmPay celebrates five years in Nigeria, it has touched the lives of people across the country, helping to bring ease […]
SIFAX Group partners WIMAfrica to champion gender equality in Maritime Industry
Post AMUGENovember 13, 2024
Joy Agwunobi L-R: Catherine Abuah, group head, marketing, SIFAX Group; Wunmi Eniola-Jegede, group coordinating director, SIFAX Group; Carolyn Ufero, continental vice president, Women in Maritime Africa; Rollens Macfoy, president, WIMA Nigeria and Jesuyemisi Odeyemi, group head, Legal, SIFAX Group at the SIFAX Group Headquarters, Lagos, during a courtesy visit to discuss a partnership aimed at […]
16 Nigerian firms lose N792bn amidst manufacturing sector crisis, reveals MAN
Post AMUGENovember 13, 2024
Onome Amuge The Manufacturers Association of Nigeria (MAN) recently disclosed that 16 major manufacturing firms suffered losses amounting to N792 billion between 2023 and 2024. MAN indicated that the unprecedented crisis in the manufacturing sector was largely attributable to the government’s decision to float the naira in 2023, which had a crippling effect on the […]