Business

Globacom, Nigeria’s leading digital telecommunications services provider has announced the launch of the Glo Green Lotto service on its network. The program enables Glo members to purchase their favourite lottery tickets and win big by using their Glo lines and also paying through airtime. Globacom, which has always been in …

Tunde Ayeni and Heritage Bank   After sinking Skye Bank, Heritage Bank battles controversial businessman, Tunde Ayeni over N40bn debt Tunde Ayeni and Heritage Bank In what appears to be a case of the rich getting richer and cornering depositors’ funds for personal use, controversial businessman, Tunde Ayeni is in …

Barring any last minute change in plans, marketers will, from next week, raise the price of cooking gas as a result of the forex exchange crisis currently being experienced in the country. The President of the Nigerian Association of Liquefied Petroleum Gas Marketers, Olatunbosun Oladapo, who gave the hint advised …

Nigeria and other African countries are currently being short-changed in climate financing as the continent will need between $235 billion and $250 billion annually through 2030 to meet investments under its nationally determined contributions. This is according to the African Development Bank’s 2023 West Africa Economic Outlook report. Africa currently …

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has further shown its commitment to breaking down barriers and creating opportunities for women in traditionally male-dominated sectors in Nigeria. The Bank did this as it sponsored the Lagos Chapter of Women in Energy, Oil, and Gas (WEOG) Investiture …

  Zenith Bank Plc has signed a Memorandum of Understanding (MoU) with the African Continental Free Trade Area (AfCFTA) Secretariat for the development of the SMARTAfCFTA Portal, for trade promotion within the African continent. The SMARTAfCFTA Portal, which has the capacity to provide information like trade indicators, market trends, custom …

Tinubu suspends Buhari’s tax policies, signs 4 Executive Orders The Presidential Committee on Fiscal Policy and Tax Reform (PCFPTR) will ensure that tax payment and use are beneficial to Nigerians as well as make the right people pay tax. Mr Taiwo Oyedele, Chairman of the PCFPTR, said that the committee …

Heritage Bank The National Industry Court sitting in Makurdi, capital of Benue State, has issued a garnishee order directing the Inspector General of Police to seal off branches Heritage Bank Limited for failing to pay over N70 million to Shehu Mudi and 656 organisations. The Court ruled that the bank …

Oluseye Olusoga, Group Managing Director of Parthian Partners, the parent company of leading Fintech, i-invest, has highlighted the transformative impact of the Bank Verification Number (BVN) on the Nigerian Fintech sector. He shared this insight during the Nigeria Fintech Forum held on August 3rd at the Civic Centre in Lagos, where he …

When a side chick picks the wrong man, wrong marriage, a lot of life lessons will be learnt as is the case with Abuja based lawyer, Adaobi Alagwu who has been the centre of very unpalatable media exposure in recent times. Her estranged relationship with billionaire businessman, Tunde Ayeni has …