Business

Stanbic IBTC Holdings PLC, a member of Standard Bank Group and a leading end-to-end financial institution in Nigeria, proudly received two coveted awards at the esteemed International Finance Corporation (IFC) and Nigerian Exchange Limited (NGX) Nigeria2Equal Program Dinner and Awards event which was held in Lagos. The event celebrated organizations that exemplified unwavering dedication to gender equality and the empowerment of women …

Lagos, June 21, 2023: Emirates Airlines has recommended passengers to take time to plan their travel journey this June and July, as departure numbers increase significantly just before Eid al Adha on 24 June, and again on the 1 July as many families set off on summer holidays. With more than …

TAJBank TAJBank, Nigeria’s leading non-interest bank, has launched a new digital banking app – TAJWAY – in furtherance of its sustained drive to surpass customer expectations in real time and cost-free banking services nationwide. The digital banking app, which is rated as one of the most secure and user-friendly platforms …

Microsoft co-founder and philanthropist, Bill Gates has expressed his optimism towards Artificial Intelligence (AI) particularly in the education space. He explained that AI can aid learning and even simplify complex concepts making them easier to understand. Gates said this while speaking to innovators in Lagos at an event on Wednesday. …

Details have emerged about how Abdul Samad Rabiu, founder of BUA Group allegedly defrauded Nigeria of a whopping N1.3 billion using a fictitious company, BUA Rice Limited account domiciled in Sterling Bank Plc. This report chronicles how Abdul Samad Rabiu used his BUA Rice Limited which was non-existent at the …

The Amalgamated Union of App-Based Transport Workers of Nigeria (AUATWON), has suspended its planned indefinite strike to allow for dialogue with the government. This is contained in a statement by Jossy Olawale, Chairman, Media and Publicity Committee of the union, on Wednesday in Lagos. Olawale said that the meeting was …

P+ Measurement Services, a leading Media Intelligence Consultancy, is thrilled to announce the upcoming 23rd edition of #EvaluatePR. This highly anticipated event, held quarterly, will be conducted virtually on June 23rd, 2023, from 12:00 to 1:30 pm (West African Time), providing an inclusive platform for PR professionals to engage in …

Stanbic IBTC Holdings PLC, a leading end-to-end financial institution in Nigeria, has received a significant affirmation of its creditworthiness as Fitch Ratings reaffirms its National Long-Term Ratings at ‘AAA(nga)’ with a Stable Outlook. The rating also extends to its subsidiary, Stanbic IBTC Bank PLC, highlighting its strong support from its ultimate parent, Standard Bank …

In December 2015, the share price of First Bank of Nigeria Limited was trading around N4.8 band. About seven years later, precisely last December, the value held tightly to N15, growing by over threefold amid general asset and economic doldrums. The steep rise in the valuation of the financial institution …

  A seeming boardroom crisis that may rock troubled Heritage Bank to its foundation is currently brewing in the bank. Competent sources within the bank told THE WITNESS that the imbroglio involves the current managing director and chief executive of the bank, Mr. Akinola George-Taylor and some board members. Less …