An 18GB bonus data offer has been announced by Globacom for any Samsung Z Fold5 and Z Flip5 phone purchased from any Gloworld retail shops across the country. Both high-end smartphones from Samsung, the Z Fold5 and Z Flip5, were created with style and panache for discerning users. The two …
Read More »Stanbic IBTC Bank Corrects Narrative on Violating BOFIA Act 2020
Stanbic IBTC Bank (“the Bank”) has recently become aware of certain misinformation circulating with respect to its loans to Directors in 2022. As a socially responsible corporate organisation, Stanbic IBTC Bank is aware of the significance of maintaining transparency and integrity in all its processes. It is therefore …
Read More »Importation ban creates N55 billion local SIM card industry
Professor Umar Garba Danbatta, Executive Vice Chairman, Nigerian Communications Commission (NCC). Photo: FACEBOOK/NCC The Nigerian Communications Commission (NCC) disclosed that a major key achievement of some of the policies initiated by it, especially as it relates to local content development, is the ban on the importation of whole-body subscriber …
Read More »Stock exchange pushes dollar asset listings for Nigeria’s FX challenges
By Peter Egwuatu Amidst the lingering crises in Nigeria’s foreign exchange market, the Chief Executive Officer, Nigerian Exchange Limited (NGX), Temi Popoola, has stated that dollar asset listings can address the challenges. Commending the federal government’s forex reforms in an interview with Bloomberg yesterday, Popoola noted that the Exchange features a …
Read More »HEDA Writes Nigerian Petroleum Company, NNPCL, Seeks Clarity On $3Billion Emergency Loan To Stabilise Naira
According to HEDA, in a statement issued by its Chairman, Olanrewaju Suraju on Wednesday, the request pertains to the recent acquisition of a $3 billion emergency crude oil repayment loan. The Human and Environmental Development Agenda (HEDA Resource Centre), a non-profit organisation that seeks to champion transparency, accountability, and robust …
Read More »Stanbic IBTC Pension Managers inspires women to shape the future
Undoubtedly, women’s empowerment has emerged as a potent catalyst, igniting positive change and reshaping the narrative surrounding women’s roles in society. This transformative shift has revolutionised the lives and contributions of women, enabling them to unleash their full potential in fostering societal growth, nurturing thriving economies, and creating sustainable livelihoods. …
Read More »NSIA commits $500m to Infrastructure devt
• Says it enabled over $1bn third party investments The Managing Director & Chief Executive Office, Nigeria Sovereign Investment Authority (NSIA), Mr Aminu Umar-Sadiq, has disclosed that the Authority has committed $500 million to domestic infrastructure, whilst also enabling third party investments of over $1 billion. He said this at …
Read More »UBA Business Series to Equip SMEs with Tips on Maintaining Health, Wealth
UBA to Host Business Series on Financial Fitness As part of its commitment to support the growth and sustainability of Micro, Small and Medium-scale Enterprises (MSME) on the continent, Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to organise another edition of its UBA Business Series. The …
Read More »FBNHoldings Wows the Market with 2023 H1 Earnings Blowout
FBNHoldings (FBNH), the parent company of Nigeria’s pioneer Bank, First Bank of Nigeria Limited published stellar results, confounding analysts, and exciting investors. Equally as amazing as the spectacular results, which saw earnings per share surge by 234% to N5.19 was the fact that the banking behemoth was able to eke …
Read More »Stanbic IBTC Bank Supports SME Growth and Development with SME Collab Market Storms in Major Nigerian Cities
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC and a renowned financial institution in Nigeria, has recently concluded a series of highly successful market storm events. The remarkable events drew an impressive turnout of more than 5,000 individuals, including entrepreneurs and local businesses. The participants who gathered …
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