Business

NOVA Merchant Bank, a leading merchant bank in Nigeria will be hosting the 52nd Quarterly General Meeting of the Association of Chief Audit Executives of Banks in Nigeria on Thursday, 23 June 2022 at the Oriental Hotel in Lagos. The meeting which is themed “The Future of Internal Audit in an …

Tech company, Huawei, has said that with the continuous development of fields such as 5G, artificial intelligence (AI), and Big Data, data centres will only grow in scale and importance. This is even as there is growing pressure on data centres to use less electricity and operate more sustainably, especially …

Lagos, Nigeria – June 8, 2022 Nigeria’s most innovative bank, Wema Bank Plc, is once again demonstrating its commitment to women empowerment by partnering with Shecan Nigeria to organize a conference to help Nigerian women realize their potentials and develop their capabilities. Specifically, the partnership entails helping women and young …

Nigeria’s leading innovative bank, Wema Bank, is set to reward loyal and transacting customers in season 2 of its Transact for Rewards promotion themed “5for5”. The promo will start in June 2022 and will reward customers every month till the end of the year. Speaking on the 5For5 Season 2, …

  The road to AFCON 2023 begins today, June 9, 2022, as Nigerian’s ‘Super Eagles’ kick off their campaign to qualify for a 19th appearance at the African Cup of Nations. SuperSport viewers on GOtv can look forward to the African Cup of Nations (AFCON) action between the ‘Super Eagles’ …

Access Bank Access Bank Plc, Nigeria’s largest bank by assets base, says it has entered into an agreement to acquire the entire 83.4 percent equity stake held by Centum Investment Plc, a Kenyan-based investment company, in Sidian Bank Ltd, for the sum of about N15 billion ($37 million). Access which …

The scope of business in Nigeria is being redefined by business to business (B2B) e-commerce platforms as the popularity of digital technology is largely driving the adoption of e-commerce in Nigeria. It is recorded that between January 2020 and January 2021, 50 percent of Nigeria’s population that is 104.4 million …

Following the success of the first tranche of Stanbic IBTC N100 billion Infrastructure Fund, the Series II, which was released in early May, continues to generate interest among investors. With the N15 billion Series II offer scheduled to close on Friday, 10 June 2022, Stanbic IBTC Asset Management Limited, the Fund …

Business conditions in Nigeria’s private sector strengthened in May, but the rate of improvement slowed from April. Softer uplifts were recorded in output, new orders, purchasing activity and input inventories. That said, new orders continued to rise sharply which prompted a quicker expansion in headcounts. In turn, sentiment improved with …

Employees of Keystone Bank Limited recently supported 352 underprivileged individuals by enrolling them on annual health insurance plans. The beneficiaries who are residents in Abeokuta, Ibadan, Ilesha, Nyanya and Yenagoa were also impacted via medical counselling sessions. The initiative tagged, “The Health Insurance Project” was executed under the bank’s Employees …