Business

Union Bank of Nigeria, one of the oldest banks in the country with an international banking authorisation, has said it will be seeking shareholders’ approval to spin off its United Kingdom (UK) subsidiary to shareholders. The bank will meet shareholders in March, 2022, at an Extraordinary General Meeting (EGM) in …

Leading financial institution, Fidelity Bank has reiterated its commitment to enriching the lives of its customers as it announced the third set of 10 millionaires in its Get Alert in Millions season 5 (GAIM 5) promo. The third monthly draw of the campaign which held in Victoria Island, Lagos on …

Iya Beji is a popular retail trader on the mainland axis of Lagos, Africa’s most populous city. Whenever she went to get new supplies from the market the whole neighbourhood would be aware-she usually would ask the young men in the area to help offload and carry her goods to …

Arguably the largest financial service provider in Nigeria and Anglophone West Africa, Zenith Bank has introduced a new and unique way of ‘Banking the EaZy Way with the Zenith Bank QR Service.’ The new innovation by the tier one bank, will enable customers and prospective customers to among other things; …

At the 5th edition of TechSummit Ogun State, an Information Technology Expert, Olaniyi Ayoola, said Nigeria is still scratching the surface as regards the immense economic opportunities technology offers. “As a nation, we are yet to take advantage of technology to improve and grow the GDP, considering the rate at …

Fidelity Bank Plc, a leading Nigerian bank, has reaffirmed its commitment to actively support the Central Bank of Nigeria’s (CBN) efforts to achieve its goal of $200 billion in Foreign Exchange (FX) repatriation from non-oil exports over the next five years. The Executive Director, Northern Businesses, Fidelity Bank Plc, Hassan …

As part of its commitment to youth development, Stanbic IBTC Holdings PLC, a member of Standard Bank, has concluded plans to sponsor Africa NXT, formerly known as Social Media Week. In recent years, experts and youths in the business, creative and tech spaces across Africa and the diaspora had convened …

In the recent decade, the internet has significantly impacted the Nigerian business environment. Almost every household in major Nigerian cities has someone running a successful internet-based business. The ever-increasing volume of e-commerce activities attests to the widespread impact. Thousands of retail businesses would not exist today if it weren’t for …

Employees of Keystone Bank Limited, through its ‘Employee Volunteering Scheme (EVS)’ recently sponsored the payment for a session’s school fees, West African Examination Council (WAEC) examination and Basic Education Certificate Examination (BECE) fees of over 200 students in Imo and Abia States. The schools which benefited from the gesture include …

Our attention has been drawn to some online media reports that a truck conveying petroleum product, which was involved in a fatal crash that claimed several lives, belongs to Dangote Flour. The truck bearing the logo of Dangote Flour was said to have been involved in an accident in Ogun …