Business

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 …

The workers, in a view, to ensure their entitlements are duly paid took NAHCO Plc, the Pension Transition Arrangement Directorate (PTAD) and the Bureau of Public Enterprises (BPE) to court, praying for an order to ensure the payment of their benefits. Former workers of the Nigerian Aviation Handling Company (NAHCO) …

  Africa’s global bank, United Bank for Africa (UBA) Plc has reiterated the importance it places on supporting the growth of Small and Medium Scale Businesses as the bank will once again be the headline sponsor of the 2022 edition of the Lagos International Trade Fair(LITF). UBA has since 2019 …

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings has reaffirmed its commitment to the growth of Nigeria’s health sector by partnering with WellaHealth, a micro-healthcare solution company, to provide quality and affordable healthcare to Nigerians. WellaHealth, a smart health solution company, provides affordable and accessible high-quality coverage for healthcare. …

  Ademola Adeleke, Davido, others bag Afro Awards Governor-Elect, Sen. Ademola Jackson-Adeleke, David Adedeji Adeleke, popularly known by his stage name Davido and Chief Tajudeen Amoo-Adeleke, Legendary African Drummer are among Africans and Americans to be honoured at the Afro Award in Los Angeles, California. Mr Taiwo Oduala, Founder and …

A major crisis is rocking the Nigerian Bar Association of Nigeria as aggrieved members have begun moves to register another umbrella body. It was reported that disgruntled members of the Nigerian Bar Association (NBA) have decided to form the Law Society of Nigeria (LSN) as a new umbrella organization for …

Chief Executive Officer (CEO) of Sterling Bank Plc, Mr. Abubakar Suleiman has said the bank is ready and willing to invest more in Nigeria’s agricultural sector, having invested more than N100 billion; a figure that represents about 15 percent of the bank’s total loans portfolio. The CEO stated this in …

Tunde Mimiko, CEO, Sanlam Life Insurance Nigeria Ltd Sanlam Life Insurance Limited, Nigeria’s leading life insurer formerly known as FBN Insurance, recently held a series of customer stakeholder forums in Abuja, Port Harcourt, Uyo, and Kano. The purpose of the event was to express gratitude to her clients, stakeholders and …

Profit before tax expands to N3.3bn as the leading hospitality brand continues to redefine standards   Abuja, Nigeria – October 28, 2022 – Transcorp Hotels Plc (“Transcorp Hotels” or the “Company”) (NGX: TRANSCOHOT) has announced results for the nine months ended September 30, 2022, as it continues its impressive performance, maintain its …

Nigeria’s most innovative bank and digital banking pioneer, Wema Bank Plc, has recorded gross earnings of N95.345 billion in the third quarter ended September 30, 2022, representing a growth of 51.17% year-on-year, from N63.077 billion posted during the same time in 2021.  According to the bank’s unaudited financial results for …