Business

Customers’ preference for the recently introduced Emirates Premium Economy has surged to a record high, with over 160,000 trading up, thereby setting new industry benchmarks in Premium Economy travel.  Emirates is delightfully celebrating this banner first year of full-service operations with the highly popular cabin class, introduced in August 2022.  …

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has entered into exciting partnerships with three health-based organisations aimed at creating  robust synergy to enhance customer experience. UBA’s partnership with MedPlus Pharmacy Nigeria, I-Fitness Gym Nigeria, and Oriki Spa and Wellness Centre is expected to drive financial inclusion, promote brand loyalty and promote healthy lifestyle in the ever-evolving societal landscape. Group Head, Marketing …

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC has introduced its newly upgraded Enterprise Online 2.0 platform specifically designed to cater to the needs of businesses. The enhanced platform aims to provide business clients with an effortless and enhanced online banking experience. The enhanced platform has undergone …

By Mohammed Usman One of the major highlights of the new administration of President Bola Ahmed Tinubu has been the suspension of the payment of subsidy for premium motor spirit, PMS, commonly called petrol. Though there have been so many reforms introduced into the system since inauguration on May 29, …

Naira and Dollar The Naira on Monday appreciated against the dollar, exchanging at N756.94 at the Investors and Exporters window. The local currency gained 2.43 per cent when compared with N775.76 which it exchanged for the dollar at the close of business on July 28. The open indicative rate closed …

Destroyed shops in Awka About 100 microbusinesses have been relocated in the Ukwu-orji, Ekwulobia Street, and Ministry of Land areas surrounding the Anambra government house. The displacement was engineered by the Awka Capital Territory Development Authority (ACTDA), which acted under the protection of Nigeria Security and Civil Defence Corps (NSCDC) …

  Steep price pressures acted to limit the pace of growth in the Nigerian private sector in July. Overall input costs rose at a pace unsurpassed in more than nine-and-a-half years of data collection, with selling prices up rapidly in response. Rising price pressures impacted demand, with growth of both new orders and business activity …

It is no longer news that most Nigerians are experiencing severe economic hardship due to the recent FX policy and subsidy removal. The economic challenges arising from the opening up of the foreign exchange market and the removal of petrol subsidies have resulted in soaring inflation and a significant drop …

According to The Will newspaper, investors have commended the recent reclassification of Fidelity Bank Plc stock from small price stock to medium price stock. Giving his perspective on the development, Mr Boniface Okezie, the National Co-ordinator, Progressive Shareholders Association of Nigeria, commented, “Fidelity Bank has paid its dues in the …

The sudden resignation of Olu Akanmu as the Chief Executive Officer of OPay has continued to brew concerns in several quarters. It was reported that Olu Akanmu, a financial industrial veteran announced his resignation on Monday morning via his official Twitter handle calling for a need to do more to …