Business

No fewer than 2,000 youths and 1,000 federal civil servants have so far benefited from the Huawei training on Information and Communication Technology (ICT). The training is aimed at producing an ICT talent ecosystem that would form the foundation for Nigeria’s digitisation plan.   “Following the MoU signed with the …

Sterling Bank CEO, Abubakar Suleiman Favour Fame-Eruagbere, a staff of Sterling Bank Plc, Effurun, Delta State Branch, is currently on the run after allegedly defrauding customers of the bank of the sum of N300 million. The female bank worker was said to have approached some account owners to grant her …

     The MD/CEO of Heritage Bank Plc, Ifie Sekibo and other notable Nigerians have affirmed that the apt way to boost economic prosperity and peace in the country is to start addressing leadership challenges and insecurity. Sekibo and other notable Nigerians like the Presidential aspirant of Labour Party, Peter …

LAGOS.28.06.22. Unity Bank’s flagship Entrepreneurial Development Initiative, Corpreneurship Challenge, is set to return for the 8th edition across 10 locations in Nigeria, including a debut in Delta and Rivers States. The Retail lender kick-started the Corpreneurship Challenge scheme in 2019, with a launch in Lagos and in three other states, which included Edo, …

Alleged N23bn fraud rocks MTN’s MoMo PSB, one month after launch Momo Payment Service Bank Limited (MPSBL), the banking subsidiary of MTN Nigeria Communications Plc, is currently enmeshed in an alleged N23 billion fraud scandal, one month after the launch of the platform. The mobile money banking firm has urged …

  Our attention has been drawn to recent reports of members of the public receiving text messages with account numbers. We implore members of the public that, as a financial institution, Wema Bank takes issues around data integrity and breaches seriously, and we are currently investigating the reports. Recently, we …

Sterling Bank CEO, Abubakar Suleiman Abubakar Suleiman, managing director of Sterling Bank and three other executive directors at the financial institution, Raheem Owodeyi, Tunde Adeola and Yemi Odubiyi engaged in share dealings last week. The four top executives traded about N42.36 million worth of shares, on the heels of the …

Following the data from the National Bureau of Statistics as well as the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), that Micro and Small Medium Enterprises (MSMEs) account for about 96 percent of registered Nigerian businesses that employs about 75% of the national labour force, and contributes about …

The informal retail space in Nigeria has one of the lowest entry barriers. Most people who are into ‘hustling’ – street parlance for those chasing extra income – play in this space. Characteristically, the majority of informal retail businesses are largely unstructured despite their huge potential. Nigeria’s informal retail business …

Since his appointment as MD/CEO of First Bank of Nigeria Limited in 2016, Dr. Adesola Adeduntan has completely transformed the financial institution and has made it attractive to every strata of the society. From an institution that used to be perceived as an old-generation bank, FirstBank is now a darling …