Business

The importance of canteens and ‘bukas’ who serve those with limited disposable income in Nigeria cannot be overemphasized.  Yet, these food vendors and caterers who help to meet the nutrition needs of busy urban communities every day, do not always get the support they need to build successful businesses. The …

Giving.NG is partnering with Shoprite Nigeria on “40 Days of Giving” campaign, aimed at inspiring people and organizations to spread kindness and treat it as an everyday thing, rather than a seasonal activity. Giving.NG, Africa’s first and only free crowdfunding platform, has announced that it will begin a campaign in …

Lagos, Nigeria – Union Bank of Nigeria has launched a brand-new sonic identity tagged ‘The Sound of Union. At 105 years, the Bank is now leveraging the universality of music to engage with new and existing audiences through this unique sound identity. The Bank tapped prolific and award-winning music producer …

Polaris Bank has reaffirmed its commitment to support the growth of Small and Medium Enterprises (SMEs) in Nigeria. The Bank in a statement gave this assurance while disclosing plans to sponsor The Fashion Souk 7.0. The statement further noted that 3 successful entrepreneurs who emerge winners in a business pitch …

Access Bank Access Holdings Plc has secured approval license to commence operation in France. Herbert Wigwe, the Group Managing Director who announced this at a Statutory Meeting of the shareholders of Access Holdings in Lagos also noted that the holding company in its bid to become Africa’s gateway to the …

NNPC The Nigerian National Petroleum Company (NNPC) Limited has signed a $1.4 billion external project finance agreement for the Northern Hydrocarbon Funding Limited. Codenamed Project Panther (under the NNPC Limited/Chevron Nigeria Limited joint venture), the agreement was sealed at the signing ceremony held on Tuesday in London. The deal was …

Greenville LNG Company Limited, a Liquefied Natural Gas production and distribution company in Nigeria is on the brink of another lawsuit in its supply dealings with Nigerian-based manufacturing giant, BUA Group. This development comes two years after the company was slammed with a $9m claim for breaching contract by a …

Faster rises in output and new orders Inflationary pressures remain elevated Business confidence at survey-record low Business conditions continued to improve markedly in the Nigerian private sector during November amid improving demand and higher customer numbers. In turn, firms expanded their purchasing activity and employment. That said, business confidence dropped …

Africa’s Global bank, United Bank for Africa, through its Corporate Social Responsibility Arm, the UBA Foundation, on Tuesday, held its annual Christmas Lighting ceremony to mark the start of the festive season. The brilliant Christmas Lights of the UBA Foundation Gardens at the UBA Head Office on the Marina in …