Business

Phillips Oduoza’s NOVA Merchant Bank has been slapped N1.5 billion fine by the CBN for failure to deliver its 27.5 percent Cash Reserve Requirement (CRR) commitment. Nova-bank-MD-Nath-Ude Nath Ude led Nova Merchant Bank is in mess has fallen under Central Bank sledge harmer. Phillips Oduoza’s NOVA Merchant Bank has been slapped N1.5 …

Tony Elumelu The United Bank for Africa (UBA), a Nigerian pan-African financial services group, financed the world-class Olembe Stadium, Yaoundé, Cameroon which hosted the AFCON final, the Group Chairman of the bank, Mr. Tony Elumelu, has said. Elumelu, who was in Yaounde for the continental soccer festival, said he was proud to …

Begins distribution of over 100 million litres of clean fuel Last week, some limited quantity of Premium Motor Spirit (PMS), commonly known as Petrol, with methanol quantities above Nigeria’s specification were discovered in the supply chain. The petrol, which was imported into the country by the Nigerian National Petroleum Company …

Operating in every nook and cranny, informal retailers are life savers in Nigeria. They are often the go-to people for everyday essentials for the majority of Nigerians. As a Nigerian, either rich, average or poor, you must have patronised them at one point or the other for a last minute …

The Nigerian foremost real estate company, Adron Homes and Properties today celebrates its 10th anniversary of making affordable land and housing attainable for Nigerians. The apex real estate company was first introduced in February 2012 and started its giant strides in Lagos with a physical office presence with less than …

In furtherance of its appreciation of customers, whilst promoting the adoption of mobile payment solutions in the country, FirstBank is rewarding holders and customers of its branded Visa Gold card in its ongoing Visa Gold card. The promo which will have over 300 Visa Gold cardholders rewarded during the promo …

  Trust Holding Company Plc (GTCO Plc or the Group), a diversified financial services provider, today notified the Nigerian Exchange Group (NGX) and the investing public that GTCO Plc has concluded the acquisition of the 100% equity stake in Investment One Pension Managers Limited (IOPM) and Investment One Funds Management Limited (IOFM) …

  Stanbic IBTC Bank PLC, a member of Standard Bank Group, has opened a new branch in the Lagos 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 …

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 …