Business

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 …

In a bid to develop the Nigerian capital market and enhance the economy, Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings PLC, is set to advance customer assets in 2022 with its bouquet of investment solutions. Incorporated in 1992, Stanbic IBTC Asset Management has been providing investment services …

Ten customers of Fidelity Bank Plc have become N1million richer having received their cash prizes for emerging winners in the January draw of the Bank’s Get Alert in Millions savings promo, season 5 (GAIM 5). The prizes were presented on Thursday, 27 January 2022 at an event held at Fidelity …

   Over a hundred years since banks came into Nigeria, services rendered to small and medium scale businesses were limited to core banking services and transactions. However, those that cared to look further were able to stand the test of time, reinventing themselves with cutting edge financial services that remain …

More women are climbing the leadership ladder in the public and private sectors. According to Catalyst.org, the number of women in senior management positions globally grew by 29% both in 2019 and 2020. Recently, female roles have been acknowledged, with more women joining the C-Suite and becoming innovators. E-commerce is …