Business

This week’s episode of African Voices Changemakers, sponsored by Globacom, will feature two of Africa’s most revered gospel music stars, Nathaniel Bassey and Mercy Chinwo. The dynamic duo will bring their unique blend of inspirational music and conversation to the popular CNN International magazine programme, anchored by Larry Madowo. Nathaniel …

Stanbic IBTC Bank, a leading financial services provider in Nigeria, has launched Season 4 of its highly successful Reward4Saving Promo, reinforcing its commitment to fostering a strong savings culture among Nigerians. Building on the success of the previous three seasons, over 1,900 winners have collectively received ₦318 million, and this …

Africa Prudential Plc has announced a ₦1.2bn total dividend payout following its financial performance in 2024. The company’s Profit After Tax (PAT) grew by 88 per cent, rising from ₦962.9m in 2023 to ₦1.81bn in 2024. The company introduced an interim dividend of 15 kobo per share at half-year 2024. …

The Central Bank of Nigeria declared as fake a report that it had introduced new N5,000 and N10,000 banknotes. In a post on its Instagram page on Wednesday, the bank said that the report did not originate from it. “The content is not from the Central Bank of Nigeria. Kindly …

Structured HQ Legal, (SHQ) has issued a public notice warning against any transactions involving the buying, selling, leasing, or letting of the Hampton Harbour landed property. The landed property measuring at 19.5 hectares is located at Elegushi Royal Family Land, Ikate Ancient City, Eti Osa, Local Government Area, Lagos State …

The recovery in the Nigerian private sector gathered strength in March, with output, new orders and employment all increasing to greater degrees than in February. Firms were helped to some extent by softening inflationary pressures, with input costs increasing at the slowest pace since May 2023. The headline figure derived …

President Bola Tinubu has congratulated the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, on his admission to the prestigious Freedom of the City of London. Admission to the Freedom of the City of London is an honour bestowed on individuals either for their service to the city …

MultiChoice, Africa’s leading entertainment provider and operator DStv, has warned shareholders to brace for tougher times as the company struggles in a challenging economic climate. The pay-TV giant has suffered a sharp decline in its subscriber base, dropping from over 23 million to 19.3 million in less than two years. …

Globacom’s Corporate Social Responsibility (CSR) arm, Glo Foundation, has again put smiles on the faces of  thousands of less privileged Nigerians with its food relief and household essentials shared in cartons. The charity fair was this time held at at Ikota community in Lagos on Saturday sequel to the first …

To Expand Operations to Saudi Arabia, France in 2025. Africa’s Global Bank, United Bank for Africa (UBA) Plc, has outlined its roadmap for the 2025 financial year, with a strong focus on innovation, digital transformation, physical and financial strength as well as its global reach. On the back of its …