Business

Tony O. Elumelu, CFR, Founder of the Tony Elumelu Foundation (TEF), hosted a reception with Cindy McCain, Executive Director of the World Food Programme (WFP), to highlight youth unemployment and hunger in Africa, on the sidelines of the 79th United Nations General Assembly meetings, in New York City. The gathering …

LONDON, [24-09-2024]  The Kunda Kids Summer Festival, a celebration of culture, education and children’s storytelling, concluded with a resounding success on Saturday, August 24, 2024, at the Shaw Theatre, London. The vibrant event not only captivated young minds but also served as the perfect backdrop for the exciting announcement of …

The National Bureau of Statistics (NBS) says Nigeria’s unemployment rate increased to 5.3 percent in the first quarter (Q1) of 2024. In a report on Tuesday, NBS said the unemployment rate increased compared to the 5 percent recorded in Q3 2023. NBS defined the unemployment rate as the share of …

The Nigerian Electricity Regulatory Commission (NERC) says the electricity subsidy bill rose to N180.8 billion in September. NERC announced the electricity subsidy bill in its monthly supplementary order released on September 12. On April 3, NERC approved an increase in electricity tariff for customers under the Band A classification to …

A potentially hazardous incident occurred earlier on Monday involving an Embraer ERJ 145 aircraft operated by Air Peace Airlines. As the plane descended into Nnamdi Azikiwe International Airport in Abuja, the windshield shattered. Fortunately, despite the alarming nature of this event, the flight, which had departed from Akure in Ondo …

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has commenced the 2024 edition of its annual SME training. This initiative is designed to empower small and medium-scale enterprises (SMEs), stimulate economic growth, and promote entrepreneurial innovation across the country. The event will be held in key locations across Nigeria, including …

By: Philip Odiakose Public relations is an essential element of corporate strategy, enabling organizations to build and maintain a positive image, communicate effectively with stakeholders, and navigate crises.  PR agencies play a critical role in helping brands amplify their stories and enhance public perception. However, an increasingly concerning trend is the …

NOVA Bank has announced the appointment of David Isiavwe as Executive Director, Operations and Information Technology, and Chinwe Iloghalu as Executive Director, Institutional and Commercial Banking. These appointments are part of NOVA Bank’s plan to strengthen its leadership team as the Bank continues its innovative journey, following its recent transition …

The United Bank of Africa (UBA) has solidified its position as a leading financial institution, not just in Nigeria, but across the African continent and beyond. With its tagline “One Brand, Global Influence,” the financial institution has continued to demonstrate a commitment to providing innovative financial solutions to individuals and …

The inaugural edition of the Nigerian Fintech Festival, the biggest fintech festival in Nigeria, sponsored by FirstBank, West Africa premier financial institution and financial inclusion services provider is set to take place in Lagos on September 26, 2024. The Nigerian Fintech Festival 2024 will host over 1000 industry stakeholders within …