PalmPay marks 5 years of transformative fintech solutions in Nigeria
Post AMUGE
October 4, 2024
Business a.m. L-R: Chibuzor Melah, head of partnership, PalmPay; Ebehijie Juliet Momoh, managing director/CEO, AfriGOPay Financial Services Limited; Chika Nwosu, managing director, PalmPay; Vincent Ogbunude, MD, Payment Tokens (Verve); Femi Hanson, head, marketing and communications, PalmPay at the recent 5th Anniversary celebration of the fintech in Ikeja, Lagos. PalmPay, an innovative and Africa-focused payment platform,has […]
FBN delivers 213% growth in PBT to N206bn in H1 2023
Cynthia EzekweJuly 25, 2023
By Cynthia Ezekwe. FBN Holdings Plc (FBNH) recorded a stellar performance in its profit before tax which balooned 213.1 per cent year-on-year to N206.26 billion in the first half (H1) of 2023. The financial services group made this known in its recently published unaudited consolidated financial statements for the period ended June 30, 2023. According […]
BUA Group bags multiple awards for contributions to African development
business AMDecember 9, 2022
By Business AM Africa’s leading foods, mining, and infrastructure conglomerate, BUA Group, and its Chairman, Abdul Samad Rabiu have clinched several awards at the just concluded 16th edition of the Sustainability, Enterprise, and Responsibility (SERAS) CSR Awards in Lagos. BUA Group won three awards for “Best Company in Infrastructure Development”, “Best Company in Social Impact/Human […]
Dana Air receives award for supporting young aviation professionals
Mike OchonmaDecember 8, 2022
By Mike Ochonma …Bags most resilient airline award Dana Air has been recognised for consistently supporting young aviation professionals at the recently concluded Explore Aviation Careers Conference and Cabin Crew Fair held at the Nigerian Civil Aviation Authority Annex Ikeja, Lagos Aviation careers conference, an initiative of MamaJ Aviation consult is a yearly initiative […]
Start-up, MAX targets $100m EVs roll out in 10 countries by 2023
Mike OchonmaDecember 8, 2022
By Mike Ochonma Nigeria-based mobility start-up Metro Africa Xpress, MAX, says it will raise $100 million by 2023 to deploy its green mobility solutions in ten countries across the continent. The decarbonisation of the transport sector is accelerating in Africa and MAX is eyeing $100 million next year from investors such as the London, UK-based […]
FedEx launches direct presence in Nigeria to support customers with international trade
Onome AmugeDecember 7, 2022
By Onome Amuge FedEx Express (FedEx), a subsidiary of FedEx Corp. and the world’s largest express transportation company, has announced that it has established a direct commercial presence in Nigeria, to meet the country’s growing international shipping demands. The transportation company, in a statement made available to Business A.M, explained that its direct presence in […]
Buhari presents award to BUA chairman,Rabiu on behalf of Nigerian military
business AMDecember 7, 2022
By Business AM President Muhammadu Buhari was on hand to present yet another award to Abdul Samad Rabiu, the Chairman of BUA Group at the instance of the Nigerian army. The event which took place recently was the Chief of Army Staff Annual Conference in Sokoto, where prominent Nigerians were awarded for their support to […]
NESG appoints Osasuyi Dirisu as PIC executive director
Olivia NnoromDecember 6, 2022
By Olivia Nnorom The Nigerian Economic Summit Group (NESG) has appointed Osasuyi Dirisu as the new executive director of its Policy Innovation Centre (PIC). Dirisu takes over from Faisal Naru, the Centre’s inaugural executive director, who was appointed to the position in July 2021 and helped set up the PIC as the first national institutionalized […]
Heifer awards 3 agritech innovators $20,000 to boost production
Onome AmugeDecember 2, 2022
By Onome Amuge Three agric-tech innovators in Nigeria have been announced as final winners of the $20,000 prize for the maiden edition of the Agriculture, Youth and Technology (AYuTe) Africa Challenge Nigeria, an enterprise development programme initiated by Heifer International. Ifeoluwa Olatayo, managing director, Soupah Farm-en-Market Limited, emerged overall best competitor and won a $10,000 […]
AMI launches enterprise to promote workforce learning in Africa
Onome AmugeDecember 2, 2022
By Onome Amuge The African Management Institute (AMI) has announced the launch of AMI Enterprise, a new division committed to boosting workplace and professional skills for growth-stage and established companies. The new division, according to a statement issued by the Institute, leverages AMI’s long-standing position in the continent’s training sector and its Africa-focused approach, proven […]