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Kunle Awosika

Kunle Awosika

$13bn Paris Club Refunds: How Linas, Ned Nwoko were threatened –Lawyers reveal

28 January, 2021
LINAS International Limited and former Member, House of Representatives, Hon Ned Nwoko, have disclosed how they were threatened in their bid to untangle the excess charges and over deductions in Paris Club advances for which the Federal Government had refunded $13 billion to States and Local Governments Areas.

Zedcrest Group appoints Olumide Odewole as new Chief Financial Officer

28 January, 2021

Africa’s foremost new-age financial solutions powerhouse, Zedcrest Group has announced the appointment of Olumide Odewole as its new Chief Financial Officer (CFO) and member of the executive management.

Union Bank Plc issues disclaimer against purported sale of owner’s stake

28 January, 2021

Union Bank of Nigeria Plc has today issued a disclaimer against an unsubstantiated publication by one of Nigeria’s leading online news site, that its principal owner is considering selling its 50% stake in the firm.

COVID-19: CACOVID Supplies FG with Oxygen to stem high death rate

25 January, 2021

Fighting against the second wave of coronavirus pandemic, the private sector Coalition Against COVID-19 (CACOVID), has supported the Federal Government with the supply of critical oxygen for case management of Covid-19 patients, to Isolation centres across the Country.

Fidelity Bank Hosts National Capacity Building Webinar For SMEs

25 January, 2021

Fidelity Bank Plc, top Nigerian lender is set to organise a National Capacity Building Webinar For Small Medium Enterprises (SMEs) in the country.

Kano Billionaires top Forbes list of Africa’s Richest people 2021

25 January, 2021

After a year in which Covid-19 ravaged the world and hit economies badly, only 3 Nigerians - Aliko Dangote of the Dangote Group, Mike Adenuga of Globacom and Abdul Samad Rabiu of BUA Group appeared on the 2021 annual Forbes Ranking of billionaires ranking 1st, 5th and 6th respectively in Africa with networths of US$12.1bn, US$6.5billion, and US$5.5billion respectively.

Cars45, Gokada Announce Alliance To Drive Consumer Convenience

22 January, 2021

Nigeria's leading tech-enabled automotive trading platform, Cars45 and last mile delivery service provider, Gokada, have announced a partnership to provide Lagosians with more options to get their parcels delivered across the state at a cheaper price within the same day.

Apel Asset Refutes US-based billionaire, Adigun’s N3b Investment In Fidelity Bank

20 January, 2021

Apel Asset Limited on Monday refuted the claim by Mr. Oluleye Adigun to invest N3bn in Fidelity Bank as published by some online publications at the weekend, quoting the News Agency of Nigeria (NAN).

US-based Nigerian billionaire to invest N3b in Fidelity Bank

16 January, 2021

US-based Nigerian billionaire, Oluleye Adigun has revealed ongoing effort to invest N3 billion ($6.8million) in Fidelity Bank through shares acquisition.

Heirs Holdings Significantly Expands Oil and Gas Portfolio... acquires 45% of OML 17 from Shell, Total and ENI

15 January, 2021

Heirs Holdings (“HH”), the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (“Transcorp”), Nigeria’s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% participating interest in Nigerian oil licence OML 17 and related assets, through TNOG Oil and Gas Limited (a related company of Heirs Holdings and Transcorp), from the Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited and ENI. In addition, TNOG Oil and Gas Limited will have sole operatorship of the asset.