Bukola Idowu

2 weeks ago | leadership.ng | Bukola Idowu

A foremost entrepreneur and first chairman of MTN Nigeria who founded Diamond Bank, Pascal Dozie has passed on at the age of 85. A statement by the family on Tuesday, said the business magnate died on Monday at the age of 85. The businessman, who played a transformative role in Nigeria’s banking and telecommunications sectors passed away due to age related illness, sources reveal.

1 month ago | leadership.ng | Bukola Idowu

Nigeria’s private sector continued its expansion in February, with business conditions improving for the third consecutive month, according to the latest Purchasing Managers’ Index (PMI) data released by Stanbic IBTC. The headline PMI figure rose to 53.7, up from 52.0 in January, marking the strongest improvement in business conditions since January 2024 indicating a robust expansion in output, new orders, and purchasing activity, driven by increased demand and moderating inflationary pressures.

Jan 23, 2025 | allafrica.com | Bukola Idowu

Four African countries, namely, Nigeria, Ghana, Côte d'Ivoire, and Senegal have recently secured landmark investments totaling about $25billion aimed at boosting industrial capabilities in these benefiting nations. To this end, Ghana has signed a $12 billion deal with the TCP-UIC Consortium for the development of a petroleum hub, Côte d'Ivoire attracted $10 billion from ENI for offshore oilfield development, and Nigeria secured a $3 billion Afrexim Bank facility to support light manufacturing.

Jan 23, 2025 | leadership.ng | Bukola Idowu

Four African countries, namely, Nigeria, Ghana, Côte d’Ivoire, and Senegal have recently secured landmark investments totaling about $25billion aimed at boosting industrial capabilities in these benefiting nations. To this end, Ghana has signed a $12 billion deal with the TCP-UIC Consortium for the development of a petroleum hub, Côte d’Ivoire attracted $10 billion from ENI for offshore oilfield development, and Nigeria secured a $3 billion Afrexim Bank facility to support light manufacturing.

Nov 29, 2024 | leadership.ng | Bukola Idowu

As the end of year festivities commence in full, the Central Bank of Nigeria (CBN) has charged bank customers to report difficulty in getting cash at banks or Automated Teller Machines (ATMs) effective Sunday December 1, 2024. The apex bank said it would as part of its Payment System 2025 goals, be reviving the eNaira to foster cross border payments.