Business

Nigeria, Lagos: 11 January 2022 ,  Emirates has finalised plans to offer its passengers around the world additional opportunity to fly better and enjoy a new high-speed, inflight broadband powered by Inmarsat’s GX Aviation, onboard 50 new Airbus A350 aircraft scheduled to enter service in 2024. The new agreement will …

Managing Director/Chief Executive Officer of FirstBank, Dr. Adesola Adeduntan, has advised financial institutions in the country to be vigilant and improve the monitoring of their customers’ loans in order to prevent the build-up of non-performing loans (NPLs) in the industry as a result of the macroeconomic challenges. Speaking in an …

The Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Dr. Adesola Adeduntan, in this interview with THISDAY reviewed the performance of the global economy in 2022 and advised businesses and their bankers to approach 2023 with a partnership mindset to ensure that a win-win outcome is achieved despite the …

United Bank for Africa (UBA) Plc has announced that Nigerians can now get the new Naira notes at its Automated Teller Machines (ATMs) across the country. In a message to its customers on Sunday, the financial institution stressed that the withdrawal limit via this channel is N100,000. Recall that at …

Stanbic IBTC Capital, the investment banking subsidiary of Stanbic IBTC Holdings PLC, won four awards at the recently concluded EMEA Finance African Banking Awards 2022. For the 8th consecutive year, Stanbic IBTC Capital was named Best Investment Bank in Nigeria. Stanbic IBTC Capital also won awards for Best Debt House, …

This year’s edition of the Access Bank Lagos City Marathon is set to witness over 60,000 runners on the Lagos roads to compete for honours in the Elite Label race, as the status of the Lagos City Marathon rises. Speaking on the annual event, the General Manager Nilayo Sports Management …

Emefiele, CBN governor The Central Bank of Nigeria (CBN) has said it will come up with a regulatory policy framework for the implementation of cryptocurrencies. The CBN which had earlier banned crypto-related transactions in the banking system, disclosed this in a report on ‘Nigeria payments system vision 2025’. It said, …

By Farouk Mohammed The 2022 edition of “#DecemberIssaVybe” by FirstBank, Nigeria’s premier financial institution, has stood the test of time as it yet again created exciting opportunities for individuals and families to come together to celebrate the end of the year. The listed events promoted by the Bank birthed memories …

…Says peace crucial to ensure rapid progress By Tony Agbugba The Catholic Archbishop of Lagos, Most Rev. Alfred Adewale Martins has urged all Nigerians to seek divine guidance in the quest for peace in 2023, to ensure that the New Year is free from chaos and anarchy. According to the …

  Customer demand improved again in the Nigerian private sector at the end of 2022, supporting further rapid increases in both new orders and business activity. In turn, firms took on additional staff, albeit only slightly. Meanwhile, currency weakness continued to exacerbate cost pressures, subsequently feeding through to the second-fastest …