Business

Africa-Re’s partnership with IFC (A member of the world bank group) in March 2019 is strategic and symbolic. The Partnership aims at providing technical support to insurance companies for their agricultural line by using index-based agricultural insurance. This no doubt will trigger innovative and more efficient solutions for small farmers, …

The challenges against the advancement of online shopping culture in African states cannot be overemphasized. To get more consumers onboard, e-commerce players must continuously remain innovative. Such innovation must be that which encompasses proximity, ease, cost effectiveness, local content, and a blend of delivery culture that tolerates the touch and …

The chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, says an unnamed former director in Nigeria’s Civil Service is being questioned for being in possession of $16 million belonging to the Federal Government. Bawa said this during a sensitization programme in Abuja, on Tuesday, on the eradication …

Kennedy Uzoka, the group managing director/chief executive officer of United Bank for Africa (UBA) Plc,  says the main priority for every staff in the bank is to always ensure customer satisfaction. This, he said, is crucial for every forward-thinking organisation such as UBA, as the customer remains the undisputed employer. In …

•••Seeks compensation As DPR Awards Kugbo West Marginal Field In OML 29 To 7 Waves Petroleum. Fortune and fraud are often in business, uneven cardinal elements; one speaks to value and the other, a vice. Fraught in its pursuit of these discordant factors, the Shell Petroleum Development Company (SPDC), has once again, …

First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has announced that the 2021 edition of its annual FINTECH Summit is scheduled to hold on Thursday, 7 October 2021 by 10:00 am. The virtual event is opened to everyone, but participants are required to register via the link …

  …Commends Lagos State’s smart city project   The Executive Director, Heritage Bank Plc, Jude Monye disclosed that one of the ways out-of-home advertising industry can attain massive growth was via the adoption of public-private-partnership (PPP) model to ensure its sustainability. He stated this at the 2021 Out-of-Home Advertising Conference …

…To drive financial inclusion It was Sir Isaac Newton, in his letter to Robert Hooke in 1675, who wrote the now-famous quote: “If I have seen further (than others), it is by standing on the shoulders of giants.” The shoulders of giants Sir Newton referred to has to do with …

Opay caught in Indian Money Laundering Scheme Opay caught in Indian Money laundering scheme according to information obtained by ENigeria Newspaper. ENigeria Newspaper understands that the Nigeria-based fintech giant is currently embroiled in an ongoing money-laundering investigation in India. Opay caught in Indian Money laundering scheme, the full story On …

A latest report by the Debt Management Office (DMO) shows that Nigeria spent N445.4bn on debt servicing payments in the second quarter of the year 2021. From April to June 2021, Nigeria spent N322.7bn on domestic debt servicing, while $299m (N122.7bn) was spent on external debt servicing. The exchange rate …