Business

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 …

ALAT by Wema, a trailblazing digital bank, has  announced the launch of its eagerly anticipated Summer Internship Program which will not only serve as a remarkable learning opportunity for young talents but also highlights Wema Bank as an exceptional place to work. The initiative, according to the Divisional Head, Brands, …

The SMDP is an intensive skill development programme structured to enhance core leadership and business competencies of selected senior management staff within the Bank and 20 successful  participants were graduated in the recently concluded fourth edition.   SMDP is one of the three core leadership programmes aimed at internally identifying …

Banks have begun to increase interest rates on deposits in line with the sustained hike in the Monetary Policy Rate, MPR, by the Central Bank of Nigeria, CBN. At its last Monetary Policy Committee, MPC, meeting previous week, CBN raised MPR by another 25 basis points the sixth consecutive raise …

•As NERC grants license to Ekiti IPP Consumers in the country paid N247.1 billion for electricity in the first quarter of 2023, an increase of 1.14 percent compared to N243.65 billion paid in the fourth quarter of 2022, the latest report from the Nigerian Electricity Commission, NERC, has shown. In …