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Category: Business

Business Economy headline

Court freezes WEMPCO accounts as executives face jail over ₦61.45 billion UBA debt

Iheanyi Ejiofor August 5, 2026 No Comments #WEMPCO #UBA #Debt

The Lagos Division of the Federal High Court has ordered the freezing of accounts linked to Western Metal Products Company (WEMPCO) Limited across 27 commercial banks and fintech firms over…

Read More Court freezes WEMPCO accounts as executives face jail over ₦61.45 billion UBA debt
Business Economy headline

Embrace AI or be left behind, World Bank warns developing countries

Iheanyi Ejiofor August 4, 2026 No Comments #AI #World Bank #developing countries

The World Bank on Tuesday called on developing countries to embrace artificial intelligence technology tools to deliver better governance outcomes, warning that they risked being left behind if they failed…

Read More Embrace AI or be left behind, World Bank warns developing countries
Business Economy headline

Dangote, Sinoma sign $800 million MOU to expand Itori cement plant capacity to 12 MTA

Iheanyi Ejiofor August 3, 2026 No Comments #Dangote #Sinoma #MoU #cement

Dangote Industries Limited and Sinoma International Engineering Co., Ltd. have signed a landmark memorandum of understanding (MOU) valued over $800 million for the expansion of the Dangote Cement Plant in…

Read More Dangote, Sinoma sign $800 million MOU to expand Itori cement plant capacity to 12 MTA
Business Economy headline

CBN lists five strategies to drive next Stage of Fintech growth in Nigeria

Iheanyi Ejiofor August 3, 2026 No Comments #CBN #Fintech

The Central Bank of Nigeria (CBN) says the next stage of fintech development in Nigeria must focus on five important outcomes to achieve sustainable growth of the initiative. Mr. Yemi…

Read More CBN lists five strategies to drive next Stage of Fintech growth in Nigeria
Business Economy headline

NASENI to showcase Nigeria’s finest homegrown innovations at Final Pitching Exercise

Iheanyi Ejiofor August 3, 2026 No Comments #NASENI #homegrown

The National Agency for Science and Engineering Infrastructure (NASENI) will, on Wednesday, 5th August 2026, host the Final Pitching Exercise of the NASENI Innovation Assessment & Awards Programme (NIAAP), bringing…

Read More NASENI to showcase Nigeria’s finest homegrown innovations at Final Pitching Exercise

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