Business

The shareholders of Fidelity Bank Plc have unanimously endorsed the payment of a cash dividend of 22 kobo per share to all Shareholders whose names appear in the Register of Members at the close of business on April 16, 2021. This translates to a dividend yield of 9.2%, making it …

Pan-African financial institution, United Bank for Africa (UBA) Plc added to its growing list of laurels at the Independent Newspaper Awards, winning the Bank of the Year. The bank was announced winner of the coveted awards at a glamorous event which was well-attended by the top echelon of the financial …

Heritage Bank has continually fulfilled its promises to support the Nigerian Creative Industry, as millionaires emerged from the YNSPYRE product in collaboration with the CREAM Platform. The YNSPYRE account holders who subscribed to the platform by dialing *745*463# on all networks won over N12million during the second monthly raffle draw …

If you live in Lagos, Abuja or Port Harcourt, or you reside in any of the other state capitals, you probably take for granted that you actually live in the better of the two worlds that make up Nigeria when it comes to banking. Take Lagos, for example, you would …

By Adedoyin Giwa From improving sales volume, to facilitating automated processes in business transactions and the application of new technology, there’s no disputing the fact that ecommerce is opening up the Nigerian economy at an impressive rate. Thriving on a digital economy platform, ecommerce boasts an incredible level of cost-efficiency …

…ramps up production capacity to meet local demand   Nigeria’s Dangote Cement Plc is expected to pay a total of N40.39 billion in taxation to the nation’s treasury from its operational result in the first quarter of 2021. According to the financial result published by the country’s largest cement manufacturer …

Raheem Akingbolu reviews the new FirstBank’s corporate website and reckons that it would go a long way in strengthening the ability of the bank’s patrons and other potential customers in addressing basic banking operations. Outside the physical identity of any brand, the most accessible door into operations of a company …

We refer to the Central Bank of Nigeria Limited (CBN) pronouncement on the reconstitution of the Board of Directors of First Bank of Nigeria Limited. Further to the press conference held by the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele CON on Thursday, 29 April 2021, the …

By Adedoyin Giwa Meeting the needs of Nigeria’s rural ecommerce consumers requires a peculiar method. The myriad of challenges against the advancement of online shopping culture in rural settlements of African states cannot be overemphasized. To successfully make in-roads in reaching and gaining the trust of rural consumers, ecommerce players …

Mr. Gbenga Shobo, First Bank new MD/CEO designate The board of First Bank of Nigeria Limited on Wednesday, approved the appointment of Mr. Gbenga Shobo, currently Managing Deputy Director, as its Managing Director/CEO designate of the bank. The lender has also appointed Mr. Abdullahi Ibrahim, as its new Deputy Managing …