Business

Private sector activity growth slows in March, but remains solid. Business conditions in Nigeria’s private sector continued to improve solidly at the end of the quarter, but the rate of growth slowed from February. Softer uplifts in output, new orders, stocks of purchases and employment were drivers of the latest …

Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings PLC, charted a new course for real estate investment in Nigeria. The financial institution was appointed to manage a real estate investment trust scheme, UPDC REIT, as confirmed by the Security and Exchange Commission (SEC) in May 2021. The UPDC …

It has been two years since coronavirus (Covid-19) hit the globe and fiercely impacted every aspect of human existence. While it may appear on the surface that the world has made a successful return to business as usual, this is not the reality of most businesses. This is especially not …

Stanbic IBTC Bank PLC, a subsidiary of Stanbic Holdings PLC, has launched the season two of its savings campaign, Reward4Saving promo, as part of its continued commitment to promoting a savings lifestyle while rewarding its customers. Themed Bigger and Better, the Bank said the second edition of the campaign promises …

Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings, has launched its life insurance campaign. Themed ‘The Good Life’, the campaign is geared towards creating awareness about the benefits of having insurance cover. To kick off the campaign, a launch event was held where executives of Stanbic IBTC as well …

Keystone Bank Limited has trained over 1600 students across Nigeria as part of its activities to commemorate the 2022 Financial Literacy Day and Global Money Week themed “Build your Future, Be Smart About Money”. The Financial Literacy Day program is an annual awareness program set aside by the Central Bank …

The National Industrial Court Of Nigeria (NICN) Thursday ordered Airtel Networks Limited to pay its former employee, Mr. Abdul-Hakeem A. Olasewere, N165,986,419.98 for wrongful dismissal. Justice J. D. Peters ordered Airtel to comply with the judgment “immediately”. The sum comprises N100million as exemplary damages, N60million as general damages and N1million …

VFD Group, sector agnostic proprietary investment company has announced the launch of its newly designed website – www.vfdgroup.com.  The new website is upgraded with information aimed at reinforcing its drive to build a diverse business ecosystem. The website is configured with a modern interface design and improved user experience that enables first …

Acquisition Brings Advanced, AI powered Omnichannel Conversational Engagement Solutions to BFSI Organizations Gupshup, a global leader in conversational engagement, announced today the acquisition of Active.Ai, the leading Conversational AI platform used by banks and Fintech firms. The acquisition strengthens Gupshup’s customer experience (CX) solutions for BFSI customers. Headquartered in Singapore, …

Shareholders of Zenith Bank Plc, at the 31st Annual General Meeting (AGM) of the bank held on Wednesday, April 6, 2022, at the Civic Centre, Victoria Island, Lagos, unanimously approved the proposed final dividend, expressing delight at the final dividend payment of NGN2.80 per share which brings the total dividend …