Sunday, October 19, 2025
25.1 C
Lagos

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

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

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

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

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

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

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

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

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

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

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Nigerian Royal Entrepreneur Plans196 Hotels by 2026

A Nigerian Royal has unveiled her ambitious plans for a hotel group covering 196 countries by 2026.

Queen Catherine Ajike, owner of Ugwunwa Ajike Hotels, says the group’s first eight hotels will open in August this year.

The aim is to develop a hotel in 196 countries by 2026. To launch the ambitious programme, Ugwunwa Ajike Hotels has announced its first eight hotels will open in August this year. The first hotels will be opened in Aberdeen UK, Kansas City, USA, Lagos, Nigeria, Rome, Italy, Barbados, Ireland, Saudi Arabia and Accra, Ghana.

The concept is to develop quality hotels in cities that are popular for tourists. By having a hotel in every country, wherever they are in the world guests will be able to stay in a Ugwunwa Ajike Hotel, and be confident of the consistent style, high quality and service that they will receive.

All the hotels in the group will have a 5 start rating and will feature a restaurant on-site. Other features of the hotels will include penthouses, casinos, bars, nightclubs, an in-house retail store selling Queen Catherine’s private designer collections, beauty spas, fitness areas,  prayer rooms, and amusement parks.

Ugwunwa Ajike Hotels is part of the Kate Ajike Corporation, which is registered and based in London. Queen Catherine Ajike herself is based in London and Abia State, Nigeria.

Queen Catherine Ajike said: “2018 is going to be the year that our vision starts to become a reality. Our site in Lagos Nigeria is being constructed and will open for business in August this year. Our other seven sites are existing hotels which we are in the process of purchasing and they will then go through a complete renovation to bring them up to the Ugwunwa Hotel five star standard.

“We have identified a further 20 countries where we will open Ugwunwa Ajike Hotels during 2019, and the ambitious development programme will continue until 2026, when we will have realised our dream of having hotels in 196 countries across the globe.

The Kate Ajike Corporation is financing the development of the initial set of hotels, but Queen Catherine Ajike is open to welcoming major investments of $3 million plus.  She continued: “We are on a very exciting journey. Our hotels will stand out in the marketplace due to the quality, location and facilities, such as our in-house retail store offering unique, high-end designer collections.”

Hot this week

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Stanbic IBTC Bank, LOXEA BYD forge alliance for Electric Vehicle Financing

In a strategic move to advance Nigeria’s shift toward...

CBN, Bank of Angola Sign MoU on Technical Co-operation at IMF/World Bank Meeting

In an effort to enhance bilateral cooperation and technical...

NBS: Nigeria’s Inflation Falls to 18.02% in September, Lowest Level in Three Years

Nigeria’s headline inflation rate fell for the sixth consecutive...

NUPEMCO Marks 2025 CSW with Nationwide Pension Awareness Activities, Huawei-Supported National Essay competition

The Nigerian University Pension Management Company (NUPEMCO) celebrated the...

Topics

Heirs Life CEO, Onifade: ‘Retirees Should Adopt Annuity as Retirement Income’

  L: R: Tosin Bayo-Yusuf, Executive Director/COO, Heirs Life Assurance;...

Nigeria: Experts See Optimistic 2O16

A cross section of local and offshore experts believes...

NCDMB, NLNG Commission Galvanising Plant for Train 7 Project, Reaffirm Commitment to Nigerian Content

    LR: General Manager, External Relations and Sustainable Development, Nigeria...

‘Linkage Assurance Financially Strong to Deliver Quality Services’

Underwriting firm, Linkage Assurance Plc is financially strong and...

Business Journal 10th Anniversary Lecture/Awards June 7

The Board and Management of Business Journal (online-magazine-newspaper-) have...

Esther E. Okafor, Renowned Educationist, Author for Burial Jan 4

The remains of renowned educationist and author, Mrs. Esther...

Nuclear Tech Milestone with Installation of Core Catcher at El-Dabaa NPP Unit 2

  Nuclear energy technology has hit a major milestone as...
Exit mobile version