Business

Mars Exploration & Production Company Limited has secured a USD 274 Million senior reserve-based lending facility from Afreximbank. Signed yesterday at the ongoing Intra-African Trade Fair IATF in Durban, South Africa by its Founder and Executive Chairman, Mr. Abdullahi Bashir, Mars E & P is to utilize the proceeds of …

The Group Managing Director/Chief Executive of Zenith Bank, Ebenezer Onyeagwu, has called for increased collaboration of Nigerians in the diaspora for the nation to achieve its economic growth targets. He made the call during the 4th Edition of the Nigeria Diaspora Investment Summit 2021 organised by the Nigerians in Diaspora …

  ….AfCTA Present Limitless Opportunities, GDP of $3.4 trillion. The Lagos Chamber of Commerce and Industry (LCCI) has commended Africa’s global bank, United Bank for Africa (UBA) for its contribution to infrastructure development and growth of trade in the 19 countries where it operates, which is why the bank remains …

Keystone Bank Limited has said that reports in some sections of the online media on its meeting with the House of Representatives’ Ad Hoc Committee on Assessment and Status of All Recovered Loots Movable and Immovable Assets on Federal Government’s $40 million funds which were in its custody, are wrong. …

An Abuja-based man, Jolayemi Woleola has accused an insurance corporation, Leadway Assurance Company of fraud. He described the attitude and disposition of the company to his insurance claim as appalling, disappointing, annoying and frustrating. Jolayemi said Leadway Assurance Company came up with different excuses and outright lies to avoid the …

Nestoil chairman, Ernest Azudialu-Obiejesi We knew it would get to this. We knew when they made surreptitious moves for us to stop the report, that the campaign to malign THE WITNESS would soon begin. But the end to this Nestoil Group saga is not yet on the horizon. A while …

From showcasing of talents, to the art of fashion design, identifying youths in the food business and lots more, Nigeria’s leading financial services providers, First Bank of Nigeria Limited has reiterated its commitment to Youth Empowerment and Entrepreneurship through the celebration of its ongoing 2021 Youth Week.   The Youth …

Ernest Azudialu-Obiejesi, CEO, Nestoil Plc Unfortunately for Nigerian businessman, Ernest Azudialu-Obiejesi, chairman and chief executive officer of Nestoil Group, it has been one week, one trouble. Recall, weeks ago, the EFCC, swooped in on the businessman and sealed his expansive residence on Modupe Alakija Crescent, formerly known as Ikoyi Crescent. The …

The Godwin Emefiele-led Central Bank of Nigeria, CBN has urged Nigerians to embrace the e-Naira because of its accruing benefits, which includes deepening financial inclusion in the country. The apex bank’s Director Corporate Communications Department, Osita Nwanisobi, made the call on Thursday at the ongoing Lagos International Trade Fair. In …

NEW YORK/LAGOS, 11 November 2021 – UNICEF and African e-commerce platform Jumia (NYSE: JMIA) announced today a partnership in support of Giga’s work to connect every school to the Internet and every young person to information, opportunity, and choice. Jumia’s data science capacity will offer Giga insights into the economic …