Business

Wema Bank Plc, the oldest indigenous bank in Nigeria, has urged Small and Medium-Scale Enterprise (SME) owners and managers in Nigeria to explore the various funding opportunities that the bank provides to grow their businesses. This call was made during the business growth and innovation conference held in Enugu, in …

Britain’s auditing watchdog has imposed a 7.5 million pound ($8.9 million) penalty on PwC (PriceWaterhouseCoopers) for “serious breaches” found in audits of engineer Babcock International (BAB.L), Reuters said on Wednesday, quoting the regulator. The Financial Reporting Council (FRC) said the penalties related to failings on audits of Babcock’s accounts up …

Olugbenga Agboola Flutterwave founder, Olugbenga Agboola, has purchased a luxury six-bedroom, seven-bathroom house in Miami Beach, United States for $7.1 million. The property was previously owned by the Boschetti Group, a real estate development firm that purchased the plot for $1.2 million in 2021 and built the home last year. …

Seplat CEO, Roger Brown The federal government has revoked the Work Permit, Visa, and Residence Permit of the Chief Executive Officer (CEO) of Seplat Energy PLC, Mr. Roger Brown, over allegations of racism, favouring of foreign workers, and discriminating against Nigerian employees levelled against him by employees of the company. …

In furtherance of its leading role in promoting the socio-economic inclusion of women in society, First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its dedication of the month of March to the celebration of women across the world, as it commemorates the globally …

Lagos, Nigeria, March 7, 2023: A Chief Magistrate Court sitting in Ikeja , Lagos has vacated its ruling that convicted and sentenced the Managing Director and Company Secretary of Fidelity Bank Plc to six weeks in prison or a fine of Four Hundred Thousand Naira respectively for contempt.   The …

By: Philip Odiakose Media monitoring and intelligence have become increasingly important in the digital age. With the vast amount of information available online, media monitoring provides businesses, organizations, and individuals with valuable insights into clients’ media mentions, public opinion, industry trends, competitive media share, media sentiment and emerging issues. However, as the use of media monitoring …

Keystone Bank Limited has rewarded 20 Micro, Small and Medium Enterprises (MSMEs) customers in its promo tagged: “Keystone MSME Rewards Campaign”. At the live draws held at the bank’s head office in Lagos, five MSME customers of the lender won 3KVA generating sets each; five others won 18-inch rechargeable fans …

  February PMI data indicated that cash shortages across the Nigerian economy had a severe impact on the private sector midway through the first quarter of the year. Substantial declines were seen in both output and new orders, while firms scaled back their purchasing activity and employment. Companies were also …

Leading Pan-African Cement manufacturer, Dangote Cement Plc has expressed commitment to maintaining its partnership with host communities and relevant stakeholders to create enabling environment for sustainable peace and mutual growth of communities within its areas of operations. Plant Director, Dangote Cement, Ibese Plant, Mr. Hazard Nawabuddin who gave the assurance, …