Business

LAGOS. 07.05.2021:  In its drive to boost financial literacy among students in primary and secondary schools across the nation, Nigerian lender, Unity Bank Plc has flagged off Season 2 of its pioneer educational gameplay, the One Minute Genius, OMG. The OMG 2.0 game play, which kicked off in May 3, …

PHOTO CAPTION: Emeka Ihedioha, Ike Ekweremadu, Victor Adoji and Dino Melaye at the inauguration of the PDP Anambra guber campaign council in Abuja..on Thursday. The Peoples Democratic Party (PDP) has inaugurated a campaign council for the Anambra governorship election slated to hold on November 6, 2021. The campaign council, comprising …

The Association of Master Bakers and Caterers of Nigeria has threatened to withdraw its services nationwide to protest the incessant increase in the price of flour and other baking materials. Recall, the association had earlier called on the federal government to intervene in the incessant price hike of flour by BUA Group …

Since covid-19 entered the global equation in the early part of 2020, business operations and other human activities have been reshaped to embrace digitalization. The online community has thus continued to expand, as the majority of businesses strive for an online presence and customer reach. Online food delivery market witnessed …

Access Bank Gains N5 Billion From Digital Lending In The First Six Months Of 2021 Access Bank’s digital lending revenue has increased from N1 billion in the first half of 2019 to N5 billion in the first half of 2021, indicative of a growing appetite and increased adoption of digital lending. …

In furtherance of its commitment to spearhead value-driven mobile and digital banking in Nigeria, First Bank of Nigeria Limited has announced the launch of the LIT Application, created to revolutionise the culture and experience of mobile banking in Nigeria. The state-of-the-art banking app is the first of its kind in …

As the Naira continues to take a heavy beating against the major international currencies at the foreign exchange (forex) market, the Central Bank of Nigeria (CBN) said its major concern, for now, was boosting Dollar supply to the market windows and not the valuation of the local currency. The Director …

Equities have been ranked as the best investment asset class to hedge against inflation from August 2020 to August 2021. The Financial Derivatives Company (FDC) disclosed this in the inflation vs investment return data released for August in Lagos. Among the four asset classes tracked by the FDC, the Nigerian …

When Africa’s e-commerce market leader, Jumia released its 2021 Q2 result, one of the interesting revelations was the upward trend of orders on the platform. The e-tailing platform said “Orders reached 7.6 million, up 13% year-over-year.” This, the report said, was the fastest volume growth of the past  five numbers …

The President/Chief Executive, Dangote Industries Limited, Aliko Dangote has disclosed plans to increase the human capacity at the Dangote Refinery Project site from 40,000 to 57,000 personnel in the coming months. According to him, the project currently employs 29,000 Nigerians and 11,000 foreigners at the 650,000 barrels-per-day world’s largest single …