Business

Musty Mustafa, the Chief Technology Officer and Co-founder of Kuda Technologies Limited has reaffirmed the pivotal role of fintechs in Nigeria’s pursuit of fully harnessing the digital economy’s potential as a strategic non-oil contributor to national socio-economic growth. In an exclusive interview, Mustafa commended the Federal Government’s digital economy policy …

Hope for an increase in crude oil production has been rekindled as Nigeria’s crude oil production is expected to rise by at least 350,000 barrels per day, THE WHISTLER reports. This is as a result of the decision of the Nigerian National Petroleum Company Limited (NNPCL) to resume operations at …

Mobile Apps Mobile apps have become an indispensable part of our lives in today’s fast-paced digital era. From social networking to finance, entertainment to productivity, there seems to be an app for everything. The continuous evolution of technology has unleashed a world of possibilities, enhancing user experiences and redefining convenience. …

CBN Headquarters In Abuja The Central Bank of Nigeria is planning to rename the Investors’ and Exporters’ (I&E) Window to the Nigerian Foreign Exchange Market (NFEM). The acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi said the decision is because the I&E Window is the only recognised …

Leading financial institution, Fidelity Plc, has distributed over 1,200 food packs to the internally Displaced Persons in Makurdi, Benue State in its ongoing commitment to eliminate hunger among vulnerable persons in the society.   The event, which took place on Thursday, 10 August 2023 at the IDP Camp, Federal Housing …

Wale-Tinubu-CEO-Oando-Plc The crisis rocking Oando Plc under the leadership of embattled entrepreneur, Wale Tinubu appears to be worsening by the day. Some aggrieved shareholders of Oando Plc have dragged the Chief Executive Officer, Wale Tinubu and 11 others before a Federal High Court seating in Lagos. ENigeria Newspaper reports that some …

  Supports 22,000 SMEs Female Directors on Board, Highest in Africa.   Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its 2022 Annual Sustainability Report. The comprehensive report provides an overview of the bank’s commitment to Environmental, Social and Governance (ESG) performance and practices. The report showcases UBA’s commitment to inclusivity, social responsibility, decarbonisation, responsible …

The Committee of Baales and some residents of Ibeju Lekki, Lagos have showered encomium on the Management of Dangote Refinery, on its social responsibility initiatives. They expressed appreciation to the company for providing vital infrastructure for their communities, repairing all the entrance roads of the 15 host communities by grading, …

FTG, Feather Invest roll out solutions to ease liquidity issues in market Investors and business persons in Nigeria, particularly those having links with the stock market, may have reason to smile following the introduction of innovative solutions to ease liquidity issues in the market. Two foremost financial institutions, Financial Trust …

The Organisation of the Petroleum Exporting Countries (OPEC) has said that Nigeria’s economic growth in the first quarter of 2023 (1Q23) stood at 2.4 per cent year-on-year (y-o-y). OPEC made this known in its Monthly Oil Market Report for August obtained by the News Agency of Nigeria (NAN) on Friday. …