Business

For many individuals who have managed to survive the economic hiccups of 2021, especially with the COVID-19 pandemic, incentives are a way to get more when shopping for everyday essentials. E-commerce has proven to be a bundle of effectiveness, convenience, reach and safety which is crucial in this time of …

Stanbic IBTC Bank PLC, a member of Standard Bank Group, has opened a new branch in the Lekki Free Trade Zone (LFTZ), Ibeju-Lekki axis of Lagos State. The new branch will serve the banking and pension needs of the financial institution’s current and prospective clients along the LFTZ corridor and …

The Editor Nigeria  reports that the Economic and Financial Crimes Commission (EFCC) has arraigned three staff of AIICO Capital Limited, a subsidiary of AIICO Insurance Plc, over alleged N1.4 billion fraud. The anti-graft agency arraigned the three personnel before an Ikeja special offices court on Thursday. It was contained in …

Pledges support for frontier exploration Mele Kyari, GMD, NNPC The Senate Committee on Petroleum Resources (Upstream) has commended the Nigerian National Petroleum Company Limited (NNPC Ltd) for repositioning the Nigerian oil and gas industry into a competitive business environment. The Chairman of the Committee, Senator Bassey Albert Akpan, gave the …

Wema-bank-liquidity-crisis-worsens Wema Bank, one of Nigeria’s troubled lenders is battling heavy liquidity crisis despite distraction with the Davido ambassadorship curve. Wema Bank may have a serious challenge withstanding the shocks Nigeria’s fragile economy might throw up as it is currently struggling with a liquidity squeeze. Exclusively reports that the third-quarter …

  President/CE, Dangote Industries Limited and Africa’s wealthiest man, Aliko Dangote yesterday received the prestigious award of the ‘Champion of CILT’ in recognition of his personal and the group’s contributions and support in areas of transport, logistics and supply chain management in Nigeria and Africa. The award was bestowed on …

At its inception in Nigeria, e-commerce became a market for best deals and bargains on electronics and gadgets. Aside from the convenience and comfort of e-commerce, another factor that swayed the tech-savvy community to online shopping was price differentiation that helped save more on purchasing products. Of course, the likes …

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has joined the Managing Director of Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe and a host of dignitaries including two state governors to commission a 400 metric tons per day mega rice mill in Kano state constructed by Gerawa …

Technology advancements had continued to enhance the standard and process of business operations across the globe. From its telling impact on global communications, to manufacturing and transportation, technology provides a springboard for enterprises to flourish and efficiently accomplish their business initiatives on a daily basis. Today, every nation looks to …

  A Federal High Court in Lagos has adjourned till March 17 to begin hearing of Ecobank Nigeria Limited’s N8,701,770,328.83 dispute with a businessman, Victor Osibodu and his firm, Vigeo Limited. Victor is the husband of Funke Osibodu, a former managing director of Ecobank Nigeria, a former top Group Executive …