Business

Trade is crucial to bridging economic gaps and boosting infrastructural development. Countries with strong international trade portfolios tend to grow faster, innovate more, and provide higher incomes and economic opportunities for their citizens. Beyond the integration into the global economy through trade and global value chains that help drive economic …

Kuda, the money app for Africans, has emerged the winner of the 2023 Africa Fintech Summit (AFTS) Excellence In Fintech award presented by the Africa Fintech Summit (AFS) in Washington, DCs. Kuda beat four other major African fintechs – TymeBank, Moniepoint, FairMoney and MNT-Halan – to clinch the award. Kuda, …

o       FirstBank’s sponsorship of Timeless is the third time it is supporting Davido since it first supported Davido’s 30 Billion concert in 2017. o       The support of the timeless concert is part of the Bank’s First@arts initiative. o       First@arts by FirstBank showcases and facilitate the successes of the art and entertainment industry to …

Mele Kyari The Nigerian National Petroleum Company Limited (NNPC) has spent $1.1 billion (about N506.6 billion) on the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project, delivering 70 per cent of the trunk welding. The Group Chief Executive Officer of NNPC Ltd, Mele Kyari, stated this on Monday while inspecting a section of …

Ajogwu Fabian Ajogwu has resigned from the board of Seplat Energy Plc. A senior advocate of Nigeria, Ajogwu has served as an independent non-executive director of the oil and gas company listed on both the London and Nigerian Stock Exchanges since 2021. A source familiar with the matter said Ajogwu’s …

  The UK government, Central Bank of Nigeria (CBN), Securities and Exchange Commission (SEC), among other agencies where it operates have sanctioned Guaranty Trust Holding Company Plc (GTCO) a sum of N4.21billion for committing various market infractions in 2022. GTCO with its head office in Nigeria, and subsidiaries in UK, …

…shuns court order, grants second approval for E-Customs Project Buhari may have been misled – First Concessionaire’s lawyers The Buhari administration, in its twilight (38 days to go), may have taken a potentially acrimonious decision by granting a second approval for the implementation of the Nigeria Customs Service (NCS) Modernisation …

As part of its initiatives to reduce poverty and alleviate hunger in the society, leading financial institution, Fidelity Bank Plc, recently launched a Corporate Social Responsibility (CSR) scheme tagged the Fidelity Food Bank. Through the initiative, the bank would partner with carefully selected charity organizations across Nigeria to provide food …

Wema Bank Plc, Nigeria’s most innovative bank, has delivered a stellar fourth quarter 2022 performance and continues its evolution into an unrivalled market leader and efficient bank. According to a press statement issued by the bank in respect of its audited financial results for the period ended December 31, 2022, …

Shell Petroleum Development Company Nigeria Limited, TechnoOil Group, Schlumberger and other international and indigenous oil and gas companies emerged winners at the sixth edition of the Nigeria International Energy Summit (NIES 2023) Industry Awards. The annual prestigious NIES Energy Industry Awards is bestowed on individuals and organizations that cemented its …