Business

By Adedoyin Giwa From improving sales volume, to facilitating automated processes in business transactions and the application of new technology, there’s no disputing the fact that ecommerce is opening up the Nigerian economy at an impressive rate. Thriving on a digital economy platform, ecommerce boasts an incredible level of cost-efficiency …

…ramps up production capacity to meet local demand   Nigeria’s Dangote Cement Plc is expected to pay a total of N40.39 billion in taxation to the nation’s treasury from its operational result in the first quarter of 2021. According to the financial result published by the country’s largest cement manufacturer …

Raheem Akingbolu reviews the new FirstBank’s corporate website and reckons that it would go a long way in strengthening the ability of the bank’s patrons and other potential customers in addressing basic banking operations. Outside the physical identity of any brand, the most accessible door into operations of a company …

We refer to the Central Bank of Nigeria Limited (CBN) pronouncement on the reconstitution of the Board of Directors of First Bank of Nigeria Limited. Further to the press conference held by the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele CON on Thursday, 29 April 2021, the …

By Adedoyin Giwa Meeting the needs of Nigeria’s rural ecommerce consumers requires a peculiar method. The myriad of challenges against the advancement of online shopping culture in rural settlements of African states cannot be overemphasized. To successfully make in-roads in reaching and gaining the trust of rural consumers, ecommerce players …

Mr. Gbenga Shobo, First Bank new MD/CEO designate The board of First Bank of Nigeria Limited on Wednesday, approved the appointment of Mr. Gbenga Shobo, currently Managing Deputy Director, as its Managing Director/CEO designate of the bank. The lender has also appointed Mr. Abdullahi Ibrahim, as its new Deputy Managing …

Top Nigerian lender, Fidelity Bank Plc recorded a strong financial performance in the first quarter of 2021, posting appreciable growth in profits for the period ended 31 March 2021. Details of the unaudited results, released at the Nigerian Stock Exchange (NSE) show that Profit before Tax (PBT) grew by 53.9% …

Titan Trust Bank Limited has clinched two international awards at the United Kingdom-based 2021 annual Global Brands Magazine awards released at the weekend. The bank emerged winner in two categories, beating other nominees to win the ‘Best New Commercial Banking Brand’ and ‘Fastest Growing Digital Banking Brand in Nigeria for …

Central Bank of Nigeria Headquarters, Abuja. The Central Bank of Nigeria has approved ten new International Money Transfer Operators in the country to boost foreign exchange remittances. This is based on a fresh list posted by the apex bank on Monday seen by THE WHISTLER. The CBN had in February …

  The Men’s Club (TMC), Africa’s highly anticipated online series powered by the United Bank for Africa’s Lifestyle and Entertainment channel, REDTV, has emerged the winner of Gage’s Awards’ Web Series of the Year 2020. Following a thorough audit by the organisers of the awards, TMC which was nominated alongside …