Business

Stanbic IBTC Bank Limited, the leading custodial and investor services company in Nigeria, proudly announces the extension of its securities lending services to include fixed-income securities. This significant development marks a new milestone in the Nigerian capital market, providing clients with enhanced opportunities for income generation and increased market liquidity. …

Today, Jambo, the largest web3 mobile infrastructure bringing emerging markets on-chain, announced that it’s expanding to the Solana blockchain along with Tether to offer blockchain-enabled financial and educational technologies that cater to emerging markets. Central to this is the JamboPhone, a $99 web3 smartphone that has been powerful in onboarding …

By: Philip Odiakose The media landscape in Nigeria faces a significant challenge due to the absence of a functional Audit Bureau of Circulations (ABC). This gap critically hampers the ability of PR, advertising, and media professionals to access accurate audience reach data and insights, which are essential for evaluating the impact …

President of Dangote Group, Aliko Dangote, on Sunday stated that his company’s aim is to become the leading supplier of foreign exchange in the FX market soon, as it targets $30 billion in revenues by the year 2025. During a tour of the Dangote Petroleum Refinery & Petrochemicals and Dangote Fertiliser …

Stanbic IBTC Bank, one of Nigeria’s leading financial institutions, partnered with the Lagos State Water Regulatory Commission to host its fifth edition of Lagos International Water and Sanitation Conference (LIWAC) 2024, which was held on Tuesday, 25 and Wednesday 26 June 2024 at Eko Hotel & Suites in Lagos. The …

  Zenith Bank Plc, Nigeria’s leading financial institution, held its Capital Markets Day last week to showcase the bank’s inherent values as it embarks on its recapitalisation journey. The event, which brought together key market players, focused on the bank’s growth trajectory, strategic objectives, market performance, and consistent, robust dividend …

Digital Solutions Provider, Globacom, has unveiled three innovative AI-focused services to give its customers delightful experience and provide a platform for them to monetize the benefits of Ai and win prizes on the network.   In a press statement in Lagos, Globacom stated that “these services will not only provide …

Against the background of groundswell of supports and enthusiasm for the bank’s ongoing offers, Fidelity Bank Plc has started preparations to allow the bank absorb oversubscriptions. With investors rallying behind the bank’s N127.1 billion combined rights and public offer, market pundits had indicated that the bank would raise more than …

  The UBA Legacy Promo which will run for a period of six months beginning from July 2024, will see the bank doling out of N200m in cash prizes as well as other consolidation prizes to its teeming customers from various categories. Customers are set to win over N200m as …

The Central Bank of Nigeria (CBN) said it has sold $122.671 million dollars to to 46 authorised dealers in its determination to promote stability and reduce market volatility in the foreign exchange market. A statement signed by the Bank’s Director in charge of Financial Markets, Dr. Omolara Duke, disclosed that …