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Business

AMEC Launches GEO Principles to Bring Rigour to AI-led Communications Measurement

AMEC, the International Association for the Measurement and Evaluation...

CIG Motors: Pay ₦3m For a Brand New Car in May Splash Promo on Electric, Petrol Vehicles

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Repton CEO Calls for Digital Skills Acquisition at Lagos Career Fair

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Guinness Nigeria CEO Attributes Strong 2026 Start to Operational Efficiency, Localised Decision-Making

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ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

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Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

NGX Group Chair, Umaru Kwairanga, Receives International Business Achiever Award 2026

  The acceptance speech by Alhaji (Dr.) Umaru Kwairanga, Group...

NGX Seeks Cross-Listing Opportunities with Nairobi Securities Exchange

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NGX Group Advances Investor Education Drive with Digital Retail Engagement Initiative

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NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

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Insurance

Heirs Insurance: 3m Policyholders in 5 Years of Industry Transformation

Heirs Insurance Group says it has recorded over three...

Universal Insurance CEO, Jeff Duru, Chairs SUPERNEWS Confab 2026, as Idu Okeahialam Delivers Keynote Paper

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Mutual Benefits Unveils New Website, Expanding Digital Access to Insurance Solutions

  New Platform Enhances Customer Experience, Enables Online Purchase...

Business

AMEC Launches GEO Principles to Bring Rigour to AI-led Communications Measurement

AMEC, the International Association for the Measurement and Evaluation...

CIG Motors: Pay ₦3m For a Brand New Car in May Splash Promo on Electric, Petrol Vehicles

New campaign introduces EasyPay auto-financing, major discounts and nationwide...

Repton CEO Calls for Digital Skills Acquisition at Lagos Career Fair

Otunba Odeyeyiwa Kazeem Olayemi, GMD/CEO, Repton Group, Keynote Speaker...

Guinness Nigeria CEO Attributes Strong 2026 Start to Operational Efficiency, Localised Decision-Making

The Managing Director/CEO of Guinness Nigeria Plc, Girish Sharma...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

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Governors, NCC Set for Broadband Awareness Forum Oct 20

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

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Capital Market

NGX Group Chair, Umaru Kwairanga, Receives International Business Achiever Award 2026

  The acceptance speech by Alhaji (Dr.) Umaru Kwairanga, Group...

NGX Seeks Cross-Listing Opportunities with Nairobi Securities Exchange

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NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

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Insurance

Heirs Insurance: 3m Policyholders in 5 Years of Industry Transformation

Heirs Insurance Group says it has recorded over three...

Universal Insurance CEO, Jeff Duru, Chairs SUPERNEWS Confab 2026, as Idu Okeahialam Delivers Keynote Paper

SUPERNEWS Nigeria has announced the Managing Director/Chief Executive Officer of...

Mutual Benefits Unveils New Website, Expanding Digital Access to Insurance Solutions

  New Platform Enhances Customer Experience, Enables Online Purchase...

‘AMCON Killed AERO Contractors’

A senior management staff of Aero Contractors has alleged that the Asset Management Corporation of Nigeria [AMCON] was the brain behind the recent indefinite suspension of scheduled air services by Aero Contractors, the nation’s second largest airline.

The official alleged that the management of AMCON connives with the former management of Aero to siphon vital revenue from the airline, making it difficult for Aero to meet basic day-to-day operational needs.

The Aero top management staff told Business Journal: “If you want to know what happened to Aero, go to AMCON because the AMCON people were working with former management of Aero to siphon funds meant for the running of the airline. It is an open secret at the airline but nobody could speak up to avoid being sacked. Buhari cannot be fighting corruption without looking at AMCON. They are more corrupt than the politicians the EFCC is running after. I can tell you clearly that AMCON killed Aero Contractors.”

Business Journal made spirited efforts to reach Mr. Jude Nwauzor, Head of Corporate Communication at AMCON for clarification on the allegation. He did not respond to phone calls and SMS sent to his phone line.

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Topics

Nigeria’s 2015 Appropriation Bill: Legislators Adopt the Ostrich Strategy

A week after the House of Representatives passed the 2015 Budget, the Upper Chamber fulfilled its part of the Appropriation process by passing a N4.5tn budget. This is N134.4bn in excess of the N4.4tn submitted by the Executive arm late 2014. Meanwhile, recurrent expenditure was reduced slightly by N0.5bn to N2.6tn while capital expenditure was scaled down by additional N85.9bn to N557.0bn from N642.8bn proposed by the Executive arm. Effectively, this implies that recurrent expenditure is approximately five times the capital expenditure.

Empowering Futures: Opekete Foundation’s Commitment to Girls’ Education in Nigeria

By Mrs. Omolara Euler-Ajayi Globally, education is widely recognised as...

Oil Prices Driving Lower Growth in Sub-Saharan Africa

Latest report by the World Bank Group suggests that low oil prices have considerably reduced growth in commodity-exporting countries in Sub-Saharan Africa, especially in Nigeria and Angola etc. and have also slowed activity in non-oil sectors. The report says that although South Africa is expected to be one of the main beneficiaries of low oil prices, growth is being held back by energy shortages, weak investor confidence amid policy uncertainty, and by the anticipated gradual tightening of monetary and fiscal policy. Growth in the region is forecast to slow to 4.2 percent, slower than previously expected.

133m Nigerians Lack Access to Financial Inclusion, Risk Poverty—Adeduro 

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The Buhari-Osinbajo 50% Salary Cut: Leading From The Frontline!

These are desperate times in Nigeria! Times that demand tough decisions in public interest and exemplary leadership on the part of leaders. It is tough not to acknowledge the difficult economic and security situation of the nation today.

10 Ways to Finance Africa’s Energy Opportunity

Can we stave off catastrophic climate change while building the energy systems needed to power growth, create jobs and lift millions of people out of poverty? That’s a crucial question for Africa. No region has done less to contribute to the climate crisis, but no region will pay a higher price for failure to tackle it. Meanwhile, over half of Africa’s population lacks access to modern energy. Africa’s leaders have no choice but to bridge the energy gap, urgently. They do have a choice, though, about how to bridge the gap.

CTO Unveils Plan of Action to Promote ICTs for Dev

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NIMC, Online Publishers Roundtable: Implications and Future Directions

By Walter Duru, Ph.D The digital age has reshaped how...
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