Business

Tokunbo Abiru The Managing Director/Chief Executive Officer of Polaris Bank Limited, Mr. Tokunbo Abiru, has announced his retirement from the service of Polaris Bank, effective August 31, 2020, having successfully completed his second two-year tenure at the helm of the Bank. In an emotion-laden farewell message to the staff of the …

 …The surcharge is economic sabotage, insensitive, says Shippers’ Council   Importers in the country are currently groaning under huge surcharge imposed on them by the international shipping firms on cargoes imported from across the world into the country. The surcharge is adding to the high cost of doing business in …

Prudential Zenith Life Insurance has donated the sum of One Hundred Thousand United States Dollars (US$100,000) to Slum2School Africa to help combat the impact of the COVID-19 pandemic on education in disadvantaged communities in Nigeria. The donation was made through a Corporate Social Responsibility (CSR) Fund from the Prudence Foundation, …

The federal government has announced to reopen Nigeria’s airspace for international travel on August 29. Hadi Sirika, the minister of aviation, announced on Monday that the reopening procedure will mirror that of domestic flights where operations began with the Murtala Mohammed International Airport in Lagos and Nnamdi Azikwe International Airport …

Lagos, Nigeria – Monday, August 17, 2020: Leading consumer and SME finance company, Zedvance Finance Limited has revealed plans to empower small and medium-sized businesses with interest-free credit to catalyze their growth against the backdrop of the global economic downturn occasioned by the Covid-19 pandemic. Driven by a need to create a support …

The ongoing Dangote Cement Bag of Goodies Promo season 2 has produced 60 millionaires spread across the nation, thereby cushioning the effects and impact of COVID-19 on businesses and families according to the company’s Director of Marketing, Mrs. Funmi Sanni. She said that more winners are expected to emerge in …

  The Tony Elumelu Foundation (TEF) joined the United Nations and other global organisations to mark the International Youth Day on August 12, 2020, with a line-up of pan-African speakers discussing the theme, “Investing in Africa’s Future: Youth Empowerment through Entrepreneurship”.   The event emphasised the “Youth Engagement for Global Action” agenda …

  The attention of Stanbic IBTC Bank PLC (“the Bank”) has been drawn to a publication by various online media, which purports to indicate that Ascon Oil Limited (“Ascon”) ‘retook possession’ of a property along Lekki Admiralty Way, pursuant to an alleged Court Order issued in their favour. This is …

The Dangote Refinery Group in collaboration with the National Directorate of Employment (NDE) has began a six-month skills’ acquisition programme for the second batch of 200 youths in Ibeju-Lekki Community in Lagos State. The training, which was flagged-off by Dangote Group Executive Director, Strategy, Capital Projects and Portfolio Development, Mr. …

Heritage bank Plc in collaboration with the Central Bank of Nigeria (CBN), under the Nigerian Incentive-Based Risk Sharing in Agricultural Lending (NIRSAL) has continued to drive improved investment outcomes and job creation. Through this partnership, Heritage Bank is not relenting in its efforts at boosting the agriculture base of the …