Business

Naira appreciated against the dollar at the official foreign exchange (FX) market after dollar sales increased by 76.60 percent on Tuesday. Banks and other willing buyers and willing sellers sold a total of $117.32 million on Tuesday, higher than $66.43 million sold on Monday. After trading on Tuesday, naira gained 1.50 percent of its …

Lagos, Nigeria,  February 16, 2024 – VFD Group Plc, a leading proprietary investment company committed to fostering growth across diverse industries in Africa, has embarked on an impactful Corporate Social Responsibility (CSR) initiative. In a collaborative effort with Narrative Landscape Press and GLG Communications, VFD Group donated Chimamanda Ngozi Adichie’s inaugural children’s …

Ben Murray-Bruce, Founder of Silverbird Group Former Nigerian Senator and the founder of Silverbird Group, Ben Murray-Bruce, has been criticised after advising the government to focus on harnessing the potential of agriculture if they want the naira to rebound. After the close of trade on Monday, the businessman shared a video of …

FirstBank has launched the second season of its Cash Out promo designed to reward users of FirstMobile, its industry-leading mobile banking solution. The FirstBank Cash Out Promo 2.0 which began on Monday, 15 January 2024, ends on Friday, 15 March 2024, and is open to new and existing customers. Leading up to the …

By: Philip Odiakose In today’s media landscape, the ability to monitor and analyze media coverage is crucial for brands seeking to stay ahead of the competition and maintain their reputation. However, the sheer volume and diversity of media sources, coupled with the ever-evolving nature of communication channels, present significant challenges for …

Stanbic IBTC Bank Limited, a subsidiary of Stanbic IBTC Holdings PLC, announced its forthcoming exclusive healthcare breakfast session which will be held in Lagos on the 22nd of February 2024. The event aims to convene industry leaders to foster insightful dialogues and forge innovative partnerships, with the collective goal of …

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has been announced as the official sponsor of the 4th edition of the ECOWAS Mining and Petroleum Forum (ECOMOF 2024) scheduled to take place at the Palais des Congrès in Cotonou, Benin from February 22 to February 24, 2024. The regional event …

Dr. Nneka Onyeali-Ikpe, OON is the Group Managing Director and Chief Executive Officer of Fidelity Bank Plc, a foremost financial institution with a client base of about 9 million customers. Nneka joined Fidelity Bank as an Executive Director in 2015 and was appointed Managing Director/CEO of the Bank in January …

Electricity Grid Abuja Electricity Distribution Company on Monday said it will disconnect electricity in the Presidential Villa and 86 Federal Government’s Ministry Department and Agencies over N47,195 billion outstanding debts as of December 2023. AEDC made this known on Monday in a report made available to The PUNCH. Some of …

African Development Bank Nigeria is missing from the list of 11 African countries expected to experience strong growth in 2024. According to the African Development Bank Group, in its latest Macroeconomic Performance and Outlook of the continent, Africa will account for 11 of the world’s 20 fastest-growing economies in 2024, but …