Business

VFD Group has released its unaudited financial statements for the period ended 30th September 2022 (Q3 2022). The Group’s result shows consistent growth and outstanding performance on all key financial indicators. Leveraging its clear strategy and management guidance, the Group is well poised to continue delivering strong results and superior value …

ALAT By Wema, the first fully digitalized bank in Nigeria, has been named the Overall Best Mobile App in the Nigerian FinTech Awards 2022, beating the other FinTech apps nominated alongside it in the category in the platform’s shortlist. The announcement was made at the award ceremony in Lagos, on …

  Dangote Cement has launched a circular economy programme, called “DangCircular”. The new initiative aims to promote recycling and reuse of scarce resources in society to reduce landfilling and create wealth as a contribution to environmental sustainability. DangCircular was rolled out during this year’s Dangote Sustainability Week, targeting students of Nigerian higher …

Prudential Africa has announced that 222 of its sales representatives across seven of its markets in Africa have qualified for the Million Dollar Round Table (MDRT) in the first half of 2022. This is in comparison to 39 qualifiers from the same period last year, up 469 percent. This makes …

Titan Trust Bank Limited (TTB) and its Managing Director/CEO, Dr. Adaeze Udensi, shone at the 2022 edition of the BusinessDay Banks and Other Financial Institutions (BAFI) Awards held on Saturday in Lagos. While TTB won the ‘Deal of the Year’ award, for its recent acquisition of 105-year-old Union Bank of …

Keystone Bank Limited has debunked a statement credited to a political group, “TakeBackNaija Initiative”, which alleged that the Federal Government had ordered the closure of its accounts with the Bank for supporting the presidential candidate of the Labour Party, Mr. Peter Obi. In a statement issued by Keystone Bank Management …

We are going through interesting times in the country today. Nigeria is a country blessed with a lot of potentials but it seems to struggle. The suboptimal developmental realities have put many Nigerians under a little more-than-normal pressure economically. The high unemployment rate, high-interest rate, poor access to favourable credit, …

Sasore The Economic and Financial Crimes Commission, EFCC, on Friday arraigned Olasupo Shasore, former Attorney-General and Commissioner for Justice, Lagos State, on 14-count charge bordering on money laundering to the tune of N159,700,000.00 and $60,000. Sasore was arraigned alongside his company, Middlesex Investment Ltd, before Justice I.E. Ekwo of the …

A report by PriceWaterCoopers has said that women account for 41 per cent ownership of micro-businesses in Nigeria, with 23 million female entrepreneurs operating in the segment. The United Nations Informal Sector Development and the Bank of Industry statistics stated that women constitute a higher number of Nigeria’s informal workforce …

Edmark Direct Marketing Limited, a top multi-level marketing company in Nigeria is currently enmeshed in internal crisis that may lead to the shutting down of the company if urgent steps are not taken to salvage the situation. This is because, the battle between shareholders of the company has taken on a new …