Author Archives: Ruth Omoteso

The Central Bank of Nigeria has restated commitment to boosting local production through agricultural initiatives. The CBN Governor, Godwin Emefiele, during an inspection tour of a palm plantation at Odighi village in the Ovia North East Local Government Area of Edo State, commended the Federal Government’s foresight to revamp the agricultural sector with the CBN playing a […]

UPDC Plc has announced the resignation of Mrs Folakemi Fadahunsi from the Company’s Board of Directors  with effect from 08 March 2022. Mrs Folakemi Fadahunsi was appointed to the Board on 19 March 2019 as the Chief Financial Officer. In accepting the resignation, the Board expressed its deep appreciation to Mrs Folakemi Fadahunsi for her valuable contributions[…]

Airtel Africa, has confirmed that it has completed the early repayment of its c.$505m 5.125% Guaranteed Senior Notes, originally due in March 2023, using cash balances available at Group level. Settlement includes all outstanding accrued interest up to the Redemption date of 7 March 2022. One-off costs of c.$17.6m for the applicable premium will be recorded within[…]