First City Monument Bank (FCMB) Owner, Otunba Michael Olasubomi Balogun Is Dead
Otunba Michael Olasubomi Balogun, the founder of First City Monument Bank (FCMB) has passed on at the age of 89. The Olori Omoba of Ijebuland died in London this morning.…
Lagos Magazine Spotlight: TONY ELUMELU – INVESTOR. ENTREPRENEUR. PHILANTHROPIST.
Tony O. Elumelu is one of Africa’s leading investors and philanthropists. He is the Founder and Chairman of Heirs Holdings, his family owned investment company, committed to improving lives and…
Lessons from the Nigerian billionaires
Nigeria is home to some of the wealthiest, most successful business people and entrepreneurs in Africa, with billionaires like Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, Femi Otedola, Tony Elumelu, and…
To motivate more female drivers in Nigeria, Bolt pledges €2.5 million.
The mobility app startup Bolt has pledged €2.5 million in order to encourage more women to become drivers on Bolt and other ride-hailing services. The pledge is a part of…
According to Ngozi Okonjo Iweala, oil and gas will no longer be a significant source of income for Nigeria.
Oil and gas would no longer be Nigeria's primary sources of income, according to Dr. Ngozi Okonjo Iweala, Director General of the World Trade Organization (WTO). She made this statement…
Nigeria needs technology, monitoring, and accountability to boost its oil and gas production, according to Tony Elumelu
Nigeria needs technology innovation, monitoring, and accountability, according to billionaire industrialist Tony Elumelu, in order to expand the capacity of the oil and gas sector. His involvement in the 2023…
Why Tinubu will outperform Buhari in the oil industry – African Energy Chamber
According to the African Energy Chamber, President-elect Bola Ahmed Tinubu of Nigeria may choose a different oil strategy than President Buhari did. This was disclosed by the AEC in a…
Dangote Refinery inauguration: Lagos advises motorists of vehicular traffic on May 22
In anticipation of President Muhammadu Buhari's scheduled commissioning of the Dangote Refinery on Monday, May 22, 2023, the Lagos State Government has encouraged residents and commuters to schedule their travel…
First batch of crude is anticipated by the Dangote refinery in June 2023.
Dangote Refinery expects its first crude batch in June 2023. According to a report released on May 16 by S&P Global Commodity Insights, the Dangote refinery is anticipating the arrival of its…
Contactless Tap on Phone Payment Solution to be Introduced in Nigeria by Mastercard and FCMB
Mastercard, in partnership with First City Monument Bank (FCMB) and NetPlusDotCom (NetPOS), has launched a contactless payment solution that enables consumers, merchants, and financial institutions to process payments seamlessly using…