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Sunday, 19 January 2025

FBNQuest Asset Management Awarded Agusto & Co’s A+ Rating


FBNQuest Asset Management, a subsidiary of FBN Holdings Plc., has been awarded an A+ rating by Agusto & Co. Limited. This rating reflects the firm’s stable outlook, robust risk management, and strong investment capabilities, highlighting its impressive operational performance and outstanding business profile. It emphasizes FBNQuest Asset Management's ongoing commitment to providing exceptional investment services to its clients.

Donald Trump Launches $TRUMP Meme Coin, Igniting Crypto Market Frenzy


In a bold foray into the cryptocurrency world, Donald Trump has launched his official meme coin, $TRUMP, just days ahead of his second presidential inauguration. Built on the Solana blockchain, the coin has already sent shockwaves through the crypto market, with its value soaring from an initial $0.18 to over $21.51 in less than 24 hours. The launch signals Trump’s continued embrace of innovation and digital assets, positioning him as a "crypto president" in the eyes of supporters.

GTCO Surpasses N1.7 Trillion Market Value with Record Q3 Profit Growth


Guaranty Trust Bank Holdings (GTCO) Plc, Nigeria’s leading financial services group, has achieved a milestone by crossing N1.7 trillion in market capitalization, solidifying its position as the most valuable bank on the Nigerian Exchange.

TikTok ‘temporarily’ suspends US service as ban takes effect


TikTok ceased its U.S. operations just hours before a Sunday midnight deadline, cutting off access for millions of users. The 'temporary' decision followed the Supreme Court’s decision to uphold a law requiring TikTok’s Chinese parent company, ByteDance, to divest from the platform by January 19, 2025, or face a ban.

Saturday, 18 January 2025

Investing in African Energy: What to Expect at African Energy Week 2025


From 29 September to 3 October 2025, the Cape Town International Convention Center will host African Energy Week (AEW): Invest in African Energies, Africa’s premier platform for energy investment, deal-making, and partnerships. As the continent’s energy demand is set to more than double by 2050, with fossil fuels projected to remain a key part of the mix, AEW 2025 offers unmatched opportunities for companies, investors, and governments to capitalize on Africa’s energy potential.

Revolut Partners with Manchester City Women’s Football in Landmark Sponsorship Deal


Revolut, the global financial technology company, has entered the world of women’s football by becoming a global partner of Manchester City Women. This marks the company’s first sponsorship investment in women’s sports.

WARC Unveils The Future of Media 2025 Report: Trends Shaping Media Planning, Advertising Investments, and the Evolving Media Ecosystem


Global advertising spend reached a historic milestone in 2024, surpassing $1 trillion for the first time. According to WARC’s newly released The Future of Media 2025 report, this momentum is set to continue, with ad spend forecasted to grow by 10.7% this year, reaching $1.08 trillion. Over the past decade, ad investments have grown 2.8 times faster than global economic output, fueled by a rapidly expanding array of media channels.

Emirates Set to Become the World's First Autism Certified Airline


Emirates is taking a groundbreaking step toward inclusivity by becoming the world’s first Autism Certified Airline, enhancing accessibility for customers with autism and sensory sensitivities. In collaboration with the International Board of Credentialing and Continuing Education Standards (IBCCES), Emirates plans to implement tailored services and training programs that set a new benchmark in the aviation industry. Over 30,000 cabin crew and ground staff are undergoing specialized training, with the official certification expected in the coming months.

Anthony Joshua Joins Andy Murray as Co-Owner of AD/vantage Padel Team


British heavyweight boxing star Anthony Joshua has entered the world of padel as the newest co-owner of the AD/vantage team, a leading contender in Spain’s Hexagon Cup competition. Joshua joins tennis legend Andy Murray, who also co-owns the team, alongside businessman Arran Yentob and former tennis coach Daniel Vallverdú.

Nigeria: Tinubu Praises Governors for Supporting Tax Reform Bills


President Bola Tinubu has commended the Nigeria Governors’ Forum (NGF) for endorsing four critical Tax Reform Bills currently under review by the National Assembly.

Bitcoin Surges 3.3% as Global Cryptocurrency Market Rallies


Bitcoin (BTC-USD) climbed 3.3% on Friday, crossing the $102,000 mark as renewed interest in stablecoins and easing pressure on Bitcoin-linked exchange-traded funds drove gains across the cryptocurrency market. The global crypto market capitalization rose to $3.6 trillion, reflecting a 2.61% increase over the past 24 hours, according to CoinMarketCap.

Applications Now Open for the Women Techsters Fellowship Programme


Young women and girls aspiring to thrive in the tech industry can now apply for the Women Techsters Fellowship Programme, a fully funded, one-year initiative aimed at equipping participants with in-demand technology skills and unlocking diverse career opportunities in the digital space.

LIRS Sets January 31 Deadline for 2024 Annual Tax Returns Filing


The Lagos State Internal Revenue Service (LIRS) has reminded all employers in Lagos State to file their annual tax returns for the 2024 financial year on or before January 31, 2025. This statutory obligation is mandated under the Personal Income Tax Act (PITA) Cap P8 LFN 2004 (as amended).