The sum of N25.8 billion has so far been donated by 107 Nigerian companies and notable individuals, as relief fund to combat Coronavirus in the country. This is according to information obtained from the Central Bank of Nigeria (CBN).
The big donors: Among the biggest donors so far are the CBN and Alhaji Aliko Dangote, both of whom contributed N2 billion each. Other notable companies and prominent billionaires also donated N1 billion each, including Tony Elumelu, Modupe & Folorunsho Alakija, Abdulsamad Rabiu, Segun Agbaje, Herbert Wigwe, Oba Otedeko, Femi Otedola, Mike Adenuga, Jim Ovia, Raj Gupta, John Coumantatous, MTN Nigeria, and the Nigerian Deposit Insurance Corporation, NDIC.
You may view the full list below.
|1||CENTRAL BANK OF NIGERIA||CENTRAL BANK OF NIGERIA||2,000,000,000.00|
|2||ALIKO DANGOTE||DANGOTE INDUSTRIES LIMITED||2,000,000,000.00|
|3||FLOOD RELIEF FUND||FLOOD RELIEF FUND||1,500,000,000.00|
|4||ABDULSAMAD RABIU||BUA SUGAR REFINERY LIMITED||1,000,000,000.00|
|5||SEGUN AGABJE||GUARANTY TRUST BANK||1,000,000,000.00|
|6||TONY ELUMELU||UNITED BANK OF AFRICA||1,000,000,000.00|
|7||OBA OTEDEKO||FIRST BANK OF NIGERIA||1,000,000,000.00|
|8||JIM OVIA||ZENITH BANK||1,000,000,000.00|
|9||MODUPE & FOLORUNSHO ALAKIJA||FAMFA OIL LIMITED||1,000,000,000.00|
|10||NDIC||NIGERIA DEPOSIT INSURANCE COPORATION||1,000,000,000.00|
|11||HERBERT WIGWE||ACCESS BANK PLC||1,000,000,000.00|
|13||FEMI OTEDOLA||AMPERION POWER DISTRIBUTION LTD||1,000,000,000.00|
|14||RAJ GUPTA||AFRICAN STEEL MILLS NIG. LIMITED||1,000,000,000.00|
|15||MTN NIGERIA PLC||MTN NIGERIA PLC||1,000,000,000.00|
|16||JOHN COUMANTATOUS||FLOUR MILLS OF NIG LTD||1,000,000,000.00|
|17||DEJI ADELEKE||PACIFIC HOLDING LTD||500,000,000.00|
|18||FRIESLAND CAMPINA WAMCO||FRIESLAND CAMPINA WAMCO||500,000,000.00|
|19||BANK OF INDUSTRY||BANK OF INDUSTRY||500,000,000.00|
|20||TOLARAM AFRICA ENTERPRISE LTD||TOLARAM AFRICA ENTERPRISE LTD||500,000,000.00|
|21||RAHUL SAVARA||WACOT RICE LTD||500,000,000.00|
|22||UNION BANK PLC||UNION BANK PLC||250,000,000.00|
|23||STERLING BANK PLC||STERLING BANK PLC||250,000,000.00|
|24||STANDARD CHARTERED BANK||STANDARD CHARTERED BANK||250,000,000.00|
|25||STANBIC IBTC||STANBIC IBTC||250,000,000.00|
|26||CITIBANK NIGERIA LTD||CITIBANK NIGERIA LTD||250,000,000.00|
|28||FIDELITY BANK||FIDELITY BANK||250,000,000.00|
|29||ECOBANK PLC||ECOBANK PLC||250,000,000.00|
|30||AFRICA FINANCE CORPORATION||AFRICA FINANCE CORPORATION||250,000,000.00|
|31||MULTICHOICE NIGERIA LIMITED||MULTICHOICE NIGERIA LIMITED||200,000,000.00|
|32||APM TERMINALS APAPA LIMITED||APM TERMINALS APAPA LIMITED||150,000,000.00|
|34||FBN MERCHANT BANK||FBN MERCHANT BANK||100,000,000.00|
|35||RAND MERCHANT BANK||RAND MERCHANT BANK||100,000,000.00|
|36||CORONATION MERCHANT BANK||CORONATION MERCHANT BANK||100,000,000.00|
|37||SUNTRUST BANK||SUNTRUST BANK||100,000,000.00|
|38||PROVIDUS BANK||PROVIDUS BANK||100,000,000.00|
|39||WEMA BANK||WEMA BANK||100,000,000.00|
|40||UNITY BANK||UNITY BANK||100,000,000.00|
|41||HERITAGE BANK||HERITAGE BANK||100,000,000.00|
|42||NOVA MERCHANT BANK||NOVA MERCHANT BANK||100,000,000.00|
|43||POLARIS BANK||POLARIS BANK||100,000,000.00|
|44||KEYSTONE BANK||KEYSTONE BANK||100,000,000.00|
|45||KC GAMING NETWORKS LTD||KC GAMING NETWORKS LTD||100,000,000.00|
|46||PORTS AND TERMINAL MULTI SERV LTD||PORTS AND TERMINAL MULTI SERV LTD||100,000,000.00|
|47||PORTS AND CARGO HANDLING SERV||PORTS AND CARGO HANDLING SERV||75,000,000.00|
|48||FIVE STAR LOGISTICS LIMITED||FIVE STAR LOGISTICS LIMITED||75,000,000.00|
|49||ENL CONSORTIUM||ENL CONSORTIUM||70,000,000.00|
|50||JOSEPDAM PORTS SERVICES NIG||JOSEPDAM PORTS SERVICES NIG||60,000,000.00|
|51||SYSTEMSPECS LIMITED||SYSTEMSPECS LIMITED||50,000,161.25|
|52||GLOBUS BANK||GLOBUS BANK||50,000,000.00|
|53||TITAN TRUST BANK||TITAN TRUST BANK||50,000,000.00|
|54||TAKAGRO CHEMICALS LTD||TAKAGRO CHEMICALS LTD||50,000,000.00|
|55||ATIKU ABUBAKAR||ADAMA BEVERAGES LTD||50,000,000.00|
|56||WA CONTAINERS TERMINAL||WA CONTAINERS TERMINAL||50,000,000.00|
|57||PORTS AND TERMINAL||PORTS AND TERMINAL||50,000,000.00|
|58||PASTOR W.F KUMUYI||DEEPER CHRISTIAN LIFE MINISTRY||50,000,000.00|
|59||KAM WIRE LIMITED||KAM WIRE LIMITED||30,000,000.00|
|60||DE DAMAK NIG LTD AUTOMOBILE||DE DAMAK NIG LTD AUTOMOBILE||25,000,000.00|
|61||AHMADU MAHMOUD||AHMADU MAHMOUD||20,000,000.00|
|63||ADRON HOMES PROPERTIES LTD||ADRON HOMES PROPERTIES LTD||20,000,000.00|
|64||EKEOMA EME EKEOMA||EKEOMA EME EKEOMA||10,000,000.00|
|65||LADOL LOGISTICS LIMITED||LADOL LOGISTICS LIMITED||10,000,000.00|
|66||GREENWICH TRUST LIMITED||GREENWICH TRUST LIMITED||10,000,000.00|
|67||SIL CHEMICALS LIMITED||SIL CHEMICALS LIMITED||10,000,000.00|
|68||ECN TERMINAL||ECN TERMINAL||10,000,000.00|
|69||APAPA BULK TERMINAL||APAPA BULK TERMINAL||10,000,000.00|
|70||COWRY ASSET MANAGEMENT LIMITED||COWRY ASSET MANAGEMENT LIMITED||9,999,838.75|
|71||MRS. ETU FOUNDATION||HANDY CAPITAL LTD||5,000,000.00|
|72||MECURE INDUSTRIES||MECURE INDUSTRIES||5,000,000.00|
|73||COMET SHIPPING AGENCIES NIGERIA||COMET SHIPPING AGENCIES NIGERIA||5,000,000.00|
|74||JUBALI BROTHERS LIMITED||JUBALI BROTHERS LIMITED||4,000,000.00|
|75||ADG INTERNATIONAL RESOURCES LTD||ADG INTERNATIONAL RESOURCES LTD||2,500,000.00|
|76||OCEAN LORDS LIMITED||OCEAN LORDS LIMITED||2,000,000.00|
|77||NORRENBERGER INVESTMENT LIMITED||NORRENBERGER INVESTMENT LIMITED||2,000,000.00|
|78||PROSHARENA LIMITED||PROSHARENA LIMITED||1,000,000.00|
|79||FEW CHORE FINANCE COMPANY LIMITED||FEW CHORE FINANCE COMPANY LIMITED||1,000,000.00|
|80||TARABAROZ FISHERIES LIMITED||TARABAROZ FISHERIES LIMITED||594,451.25|
|81||ABAYOMI FOLORUNSHO||ABAYOMI FOLORUNSHO||500,000.00|
|82||KANAKALA LAKSHPATHI NAIDU||NANDU KANAKALA||100,698.75|
|83||USMAN AHMED||USMAN AHMED||50,000.00|
|84||MANJI TABWAHAT LONGMUT||MANJI TABWAHAT LONGMUT||10,000.00|
|85||JAYAKUMAR SELVAM||JAYAKUMAR SELVAM||10,000.00|
|86||ANYAEHIE STANISLAUS IKECHUKWU||ANYAEHIE STANISLAUS IKECHUKWU||10,000.00|
|87||FREDERICK KIGHA||FREDERICK KIGHA||10,000.00|
|88||MR & MRS OJO EDWARD OLUWAJOBA||MR & MRS OJO EDWARD OLUWAJOBA||3,000.00|
|89||HAMZA MUHAMMAD KAMILA||HAMZA MUHAMMAD KAMBA||2,000.00|
|90||KAMALU AMINU||KAMALU AMINU||1,000.00|
|92||MOHAMMED GHALI MUHAMMED||MOHAMMED GHALI MUHAMMED||200|
|93||ADAMU YUSUF||ADAMU YUSUF||100|
|94||UCHENDU COLLINS||UCHENDU COLLINS||100|
|95||BASHIR AUWAL||BASHIR AUWAL||60|
|96||BILAL ABDULSALAM||BILAL ABDULSALAM||50|
|97||UMAR NAFIU USMAN||UMAR NAFIU USMAN||50|
|98||SANI ALTO ISAH||SANI ALTO ISAH||20|
|99||BASHIR SULAIMAN||BASHIR SULAIMAN||20|
|100||ABUBAKAR SHEHU||ABUBAKAR SHEHU||10|
|101||SANNI ZAKARIYYA||SANNI ZAKARIYYA||10|
|102||IBRAHIM MOHD BELLO||IBRAHIM MOHD BELLO||8|
|103||UDRIS MUHAMMAD||UDRIS MUHAMMAD||5|
|104||ALHAJI MALLAM MUSA||ALHAJI MALLAM MUSA||5|
|105||ABUBAKAR ISMAIL ABUBAKAR||ABUBAKAR ISMAIL ABUBAKAR||2|
|106||BELLO SHUAIBU||BELLO SHUAIBU||1|
CAC sets 3-hour time line for company registration in 2021
The CAC is prioritising the reduction of the registration circle for new companies to just 3 hours before the end of the year 2021.
The Corporate Affairs Commission (CAC) has said that following the successful deployment of an end-to-end registration module, it was now prioritising the reduction of the registration circle for new companies to just 3 hours before the end of the year 2021.
This is coming after CAC had in November 2020, announced the implementation of new technology that will change the face of business registration including allowing customers to print their certificates with verifiable QR code from anywhere in the world.
This disclosure was made by the Registrar-General of the commission, Garba Abubakar, at a dinner in honour of the Chairman, Governing Board, CAC and Nigerian Ambassador-Designate to the Kingdom of Spain, Ademola Seriki.
In order to achieve this target, the Registrar-General said the commission was making arrangements to empower over 400 approving officers with working tools to process and approve registration applications either from home or anywhere necessary,” the agency stated.
Abubakar noted that the challenges of the Covid-19 pandemic had adversely hampered CAC’s delivery timeline.
He, however, pointed out that CAC was resolutely committed to serving its customers despite being forced to operate with less than 50% of its workforce.
While bidding farewell to Seriki, the Registrar-General said he received the news of his appointment with mixed feelings as CAC was going to miss his tremendous support and guidance.
Also speaking at the event, the Minister of Industry, Trade and Investment, Niyi Adebayo, described the outgoing CAC Chairman as a man of immense pedigree and endowed with enormous potential to justify the confidence reposed in him by the president.
In case you missed it
- The CAC recently announced the upgrade of its website and online registration portal to include features, which allow for the automation of some selected services and processes, in line with the Federal Government’s mandate of improving the ease of doing business in Nigeria.
- The selected services and processes include Electronic search of company records, Upgraded Companies Registration Portal for Pre-incorporation filings and Post incorporation filings.
The Corporate Affairs Commission (CAC) says following the successful deployment of an end-to-end registration module, it is now prioritizing the reduction of the registration circle for new companies to just 3 hours before the end of year 2021. pic.twitter.com/mMGjLN1JeS
— Corporate Affairs Commission (@cacnigeria1) April 11, 2021
DEAL: Nigerian fintech software provider, Appzone raises $10m to scale its products and services
Appzone platforms are used by 18 commercial banks and over 450 microfinance banks in Africa.
Appzone a fintech software provider that builds proprietary solutions for financial institutions and their banking and payments services announced that it has closed $10 million in Series A investment.
The Series A round was led by CardinalStone Capital Advisers, a Lagos-based investment firm. Other investors include V8 Capital, Constant Capital, and Itanna Capital Ventures. New York-based but Africa-focused firm Lateral Investment Partners also participated.
Founded in 2008 by Emeka Emetarom, Obi Emetarom, and Wale Onawunmi, Appzone functions as an enabler (at payment rails and the core infrastructure) within banking and payments.
Appzone platforms are used by 18 commercial banks and over 450 microfinance banks in Africa. Together, they amass a yearly transaction value and yearly loan disbursement of $2 billion and $300million.
Before now, Appzone closed a $2 million deal from South African Business Connexion (BCX) in 2014. Four years later, it raised $2.5 million in convertible debt and bought back shares from BCX in the process. But overall, the company says it has raised $15 million in equity funding.
This new funding will be used to scale its products and services and expand across more African countries. The startup also plans to achieve scale by growing its engineering team.
What they are saying
Yomi Jemibewon, the Co-Founder and Managing Director of Cardinal Stone Capital Advisers, said the firm’s investment in Appzone is further proof of Africa’s potential as the future hub of world-class technology.
“Appzone is building a disruptive fintech ecosystem that will be the backbone of Africa’s finance industry with products across payments, infrastructure, and software as a service. The impact of Appzone’s work is multifold — the company’s products deepen financial inclusion across the continent whilst providing best-fit and low-cost solutions to financial institutions. Its emphasis on premium talent also helps stem brain drain, rewarding Africa’s best brains with best-in-class employment opportunities.”
Nairametrics | Company Earnings
Access our Live Feed portal for the latest company earnings as they drop.
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