Business

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 …

…wins haulage company of the year Shareholders of NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited (DIL) have commended the food seasoning company over its impressive performance in the year ended December 31, 2021, in spite of the harsh economic operating environment just as the company emerged the …

FirstBank delighted investors with a pleasant surprise when it announced stellar results confirming that its turnaround strategy pinned on the pillars of innovation, resilience and digging deep is working. Its profit after tax spiked 108% to N32.4billion on the back of massive loan recoveries and a sharply lower level of …

The retail market in Nigeria consisting of micro businesses is worth over 100 billion dollars, reports have revealed. This sector makes up 50 percent of the nation’s gross domestic product (GDP), making it the major source of economic growth, productivity, and competitiveness. However, this market is with its own challenges …

One of Nigeria’s leading business-to-business ecommerce platforms, Alerzo has reiterated its mission to empower micro businesses so as to operate profitably and sustainably. Through its digital platform, retailers buy consumable goods at manufacturers’ and authorised distributors rates and get the same freely delivered. These automatically save them stress, time and …

The Nigerian banking sector recorded impressive growth in the first quarter of the year, recording a 23.24% year-on-year increase in real GDP. This is also evidenced by the performance of the twelve commercial banks listed on the Nigerian Exchange (NGX). Wema Bank proved its mettle in the key metrics of …

Abbey Mortgage Bank Plc has reported an impressive performance for the year 2021. During the year the bank had a rebound in its result, recording a N622 million profit from a loss of N4.3 billion in the previous year. The year 2021 was indeed a positive one for the bank …

With a significant cut in its impairment charges (which translates into a clean loan book) in its 1Q, 2022 results, after it successfully brought down its non-performing loan to 6.1 per cent in 2021 full year performance, analysts say the repeat of the impressive performance of FirstBank in the first …

Huawei Technologies (Nigeria) Limited and Nigeria’s National Commission for Colleges of Education (NCCE) have signed a Memorandum of Understanding for the deployment of ICT Academies in all of colleges of Education in Nigeria. Captured in the signed Expression of Interest was the modality for which all Federal and State colleges …