Business

In the wake of her 30th Anniversary, Abbey Mortgage Bank Plc announces the appointment of her MD/CEO Mr. Madu Hamman by President Muhammed Buhari, as the new MD of Federal Mortgage Bank, the apex Mortgage Bank in Nigeria. Mr. Madu Hamman has over 34 years of banking experience in Mortgage …

The impact of e-commerce on the Nigerian economy is getting bigger and increasingly prominent by the day. E-commerce has not only given rise to a league of sophisticated digital consumers, but also a league of digital market entrepreneurs, and lately disrupting the informal retail sector, where activities of market aggregators …

Two Nigerian teams clinched the grand prizes in the Network and Cloud tracks of the regional finals of this year’s Huawei ICT competition. This year marks the 3rd ICT Competition in Nigeria. Remarkably, the Nigerian teams took the mantles from the Tanzanian and Kenyan Teams.  While the University of Port …

Olugbenga Agboola An investigative report has accused Olugbenga Agboola, CEO and co-founder of one of Nigeria’s largest tech unicorns, Flutterwave of “insider trading, fraud, and perjury” occurring over a four year period. Agboola has been accused of using Flutterwave to engage in impersonation, insider trading and inappropriate behaviours in the …

Private sector activity growth slows in March, but remains solid. Business conditions in Nigeria’s private sector continued to improve solidly at the end of the quarter, but the rate of growth slowed from February. Softer uplifts in output, new orders, stocks of purchases and employment were drivers of the latest …

Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings PLC, charted a new course for real estate investment in Nigeria. The financial institution was appointed to manage a real estate investment trust scheme, UPDC REIT, as confirmed by the Security and Exchange Commission (SEC) in May 2021. The UPDC …

It has been two years since coronavirus (Covid-19) hit the globe and fiercely impacted every aspect of human existence. While it may appear on the surface that the world has made a successful return to business as usual, this is not the reality of most businesses. This is especially not …

Stanbic IBTC Bank PLC, a subsidiary of Stanbic Holdings PLC, has launched the season two of its savings campaign, Reward4Saving promo, as part of its continued commitment to promoting a savings lifestyle while rewarding its customers. Themed Bigger and Better, the Bank said the second edition of the campaign promises …

Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings, has launched its life insurance campaign. Themed ‘The Good Life’, the campaign is geared towards creating awareness about the benefits of having insurance cover. To kick off the campaign, a launch event was held where executives of Stanbic IBTC as well …

Keystone Bank Limited has trained over 1600 students across Nigeria as part of its activities to commemorate the 2022 Financial Literacy Day and Global Money Week themed “Build your Future, Be Smart About Money”. The Financial Literacy Day program is an annual awareness program set aside by the Central Bank …