August 2025 – Page 158

World Elephant Day: Wild Africa Seeks End To Human-Elephant Conflict

13.08.2025

As the world marks World Elephant Day, wildlife conservation organisation, Wild Africa, urges Nigeria to intensify efforts to protect its dwindling elephant population by mitigating rising human-elephant conflicts which often leads to crop raiding, injuries, and fatalities on both sides. Wild Africa in a statement said Nigeria’s new National Elephant Action Plan (NEAP) identifies human–elephant...

Ondo Govt Orders Coroner’s Inquest Into UNIMED Registrar’s Death

13.08.2025

The Ondo State government has ordered coroner inquests into the circumstances leading to the death of Mr. Ezekiel Imole Adeniran, the late Registrar of the University of Medical Sciences (UNIMED), Ondo. Forty-one-year-old Adeniran, the late former Registrar of UNIMED, was reported to have died under circumstances shrouded in mystery. The request comes amid growing controversy...

Factional Assembly Demands FG’s Full Security Takeover Of Zamfara

13.08.2025

The Zamfara State House of Assembly under the leadership of Bashar Aliyu Gummi yesterday urged the Federal Government to intervene in the deteriorating security situation in the state. It condemned Governor Dauda Lawal’s approach to the handling of the security situation, claiming that there is no coordination. The factional Assembly therefore asked the Federal Government...

Bolt Drivers in Nigeria Earn Over N1.6M Monthly

13.08.2025

Bolt, Africa’s leading ride-hailing platform, has disclosed that its top 50 drivers in Nigeria earned an average of N9,662,105 over the first six months of 2025. This equates to a monthly average income of N1,610,351, surpassing the N1.2m monthly average recently reported by competitor inDrive during the same period. The earnings figure reflects Bolt’s continued...

CBN Promotes Alternative Payment Channels for Economic Growt

13.08.2025

The Central Bank of Nigeria has reaffirmed its commitment to expanding financial inclusion and driving economic growth by promoting the adoption of alternative payment channels. The apex bank expressed this commitment at a sensitisation exercise termed ‘CBN Fair’ on Tuesday under the theme, ‘Driving Alternative Payment Channels as Tools for Financial Inclusion, Growth and Accelerated...

Dun & Bradstreet Wins 2025 Databricks Growth Partner Award

13.08.2025

Dun & Bradstreet has been named the 2025 Databricks Growth Data Partner of the Year at the annual Data + AI Summit. This was disclosed in a statement issued on Tuesday. The award recognises the company’s critical contributions to helping enterprises operationalise trusted data and fast-track their artificial intelligence transformation journeys. The 2025 Databricks Partner...

First Securities Leads NGX July Trading Charts

13.08.2025

First Securities Brokers Limited has emerged tops in the July Broker Performance Report of the Nigerian Exchange in terms of both trading volume and value of transactions. The firm, which is the stockbroking arm of First Holdco Plc, recorded trades worth N414.46bn, which accounts for 22.80 per cent of the total trading value reported by...

Nigerian Equities Market Gains N111bn, Insurance Stocks Surg

13.08.2025

The Nigerian equities market recorded a gain of N111bn on Tuesday, buoyed mainly by performances in the insurance sector. The Nigerian Exchange All-Share Index inched up by 175.10 points, or 0.12 per cent, closing at 146,055.87. This marked a one-week gain of 0.87 per cent and a year-to-date increase of 41.9 per cent. The current...

Oando Approves $1.5Bn Issuance Plan to Boost Growth

13.08.2025

Oando Plc has approved a multi-instrument issuance programme valued at $15bn or its naira equivalent, following the company’s 46th Annual General Meeting held recently. This capital-raising initiative was officially filed with the Nigerian Exchange Limited by the Chief Compliance Officer and Company Secretary of Oando Plc, Folashade Ibidapo-Obe, on Tuesday. The issuance programme will enable...

Vitapur Empowers UNILAG with New Learning Facility

13.08.2025

Vitapur Nigeria Limited, a subsidiary of Vitafoam Nigeria PLC, has donated a prefabricated insulated building to the University of Lagos to support learning and manpower development. In a statement on Monday, the General Manager of Vitapur Nigeria Limited, Kehinde Akintayo, said the donation reflects the company’s commitment to sustainability and collaboration between industry and academia....