Business

When Africa’s e-commerce market leader, Jumia released its 2021 Q2 result, one of the interesting revelations was the upward trend of orders on the platform. The e-tailing platform said “Orders reached 7.6 million, up 13% year-over-year.” This, the report said, was the fastest volume growth of the past  five numbers …

The President/Chief Executive, Dangote Industries Limited, Aliko Dangote has disclosed plans to increase the human capacity at the Dangote Refinery Project site from 40,000 to 57,000 personnel in the coming months. According to him, the project currently employs 29,000 Nigerians and 11,000 foreigners at the 650,000 barrels-per-day world’s largest single …

  The management of the Innocent C. Ike-led Polaris Bank Plc is still trying to recover from the embarrassment caused by one of its employees working at its Computer Village, Ikeja, Lagos Branch, after he stole a whopping N20 million from a customer within seven days. While the dust raised …

Francis Atuche A Lagos State High Court in Ikeja has frozen assets and funds to the tune of N19,178,253050 billion allegedly kept in 24 banks by Francis Atuche, a convicted former managing director of the defunct Platinum Habib Bank, Bank PHB. The banks include Access Bank Plc, Citi Bank Ltd, …

Nneka-Onyeali-Ikpe, Fidelity Bank MD/CEO Fidelity Bank Plc under the leadership of Nneka Onyeali-Ikpe has reportedly sacked over 200 staff amidst the economic crisis rocking the country. The development is however in defiance to the Central Bank of Nigeria (CBN)’s order directing money deposit banks in the country to stop further retrenchment …

In the fourth quarter of 2020, unemployment rate in Nigeria increased to 33.30 percent from 27.10 percent in the second quarter of 2020 according to the Bureau of Statistics. The rate of unemployment in Nigeria continues to increase at an alarming rate and it requires meaningful and tangible actions. As a socially conscious organization, VFD Group, a proprietary investment company, has kicked off application …

How N20 billion loan obtained by Kogi Government to offset workers salaries was laundered through Sterling Bank, paid into a fixed deposit account. It has been reported how a N20 billion bailout loan secured by the Kogi government for salary payment was put into a Sterling Bank fixed deposit account. …

The first week of August has been challenging for customers of Ecobank Nigeria, as they expressed displeasure over the downtime experienced on their digital channels. Series of complains has flooded the social media pages of the pan-African banking conglomerate. Ecobank which prides itself as the leading independent regional banking group …

  SBI Media Group has won multiple awards at the 2021 Marketing Edge Brands & Advertising Awards of Excellence ceremony held recently in Lagos. The group along with its subsidiary company; Streams Media won various awards at the prestigious event. SBI Media received the Marketing Edge most outstanding Smartphone Campaign …

First Bank of Nigeria Limited has announced its sponsorship of ‘A Deep Dive Into History’, a theatre production from the Duke of Shomolu (DOS) Production House, spearheaded by Joseph Edgar. A deep dive into history comprises two exciting stage plays – Aremu and Awo, showing from the 22nd of August …