Business

Wema Bank Plc., over the weekend hosted the fifth edition of its annual sports competition for employees across the different regions of the bank. Known as Wemalympics, the sporting event is arguably the largest internal sports events for employees organised by a bank or corporate body in Nigeria. Through Wemalympics, …

By Scott Coles, Coffee Business Executive Officer for Nestlé Central and West Africa There is nothing quite like that first cup of coffee in the morning. For me it’s a moment to gather my thoughts before the day really begins. However, this daily ritual isn’t something we can take for …

 …Their Modus Operandi Exposed …Staff Arrested, jailed Justice A. T. Mohammed of the Federal High Court has sentenced a former banker,  Emeka Okafor,   to one-year imprisonment,  for forgery and uttering of documents. He was jailed on Tuesday,  October 11, 2022, after pleading guilty to two -count charges,   bordering on forgery …

  Wema Bank, in partnership with Health Connect, has introduced Wema Health Connect 24/7, a telemedicine service designed to deliver first-level medical services to customers. Wema Health Connect 24/7 enables subscribers who desire to speak to a doctor at their convenience, to engage and receive medical service 24 hours a …

Lagos, (Nigeria), 11 October 2022 – First Bank of Nigeria Limited has partnered with Junior Achievement Nigeria to implement the 22nd National Company of the Year (NCOY) competition which will be held on Thursday, 13th October 2022.   The annual flagship event which was last held physically in 2019 will bring …

Tech startups in Nigeria are hopeful for expansion following the government’s plan to increase investments to $75 billion revenue target by 2025. The Minister of Industry, Trade and Investment Otunba Niyi Adebayo at the recent stakeholders’ meeting on E-commerce and Digital Trade Policy for Nigeria stated that the inherent opportunities …

*Obajana Cement PLC was incorporated in 1992 and as at 2002 had no paid up shares * Kogi State has no equity interest in Obajana Cement Plc * The plant and machinery were conceived, designed, procured, built, and paid for solely by DIL, well after it acquired the shares in Obajana Cement …

The presiding Judge of Federal high court sitting in Lagos south west Nigeria, Justice Peter Lifu has adjourned till 19th of January,2023, for the trial of four accused persons alleged to have defrauded Standard Chartered Bank to the tune of N223,865,708.08 to commence.   According to four count amended charge …

The story of Corporate Nigeria in 2022, cannot be complete without a chapter on the incredible performance of First Bank of Nigeria Limited, which saw the hitherto encumbered bank now returning to the top of the ladder of the Nigerian banking industry, amid a harvest of international laurels, writes Festus Akanbi …

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, completed the first outbound and inbound transaction on the Pan-African Payment and Settlement System (PAPSS) platform in Nigeria. PAPSS, the centralised Financial Market Infrastructure (FMI) that supports payment arrangements with the objective of expanding pan-African trade and driving African Central …