Business

Hours after the country hit its highest daily count with 1,204 COVID-19 infections, the Nigeria Centre for Disease Control (NCDC) has reported a new single-day record of cases with over 1,300 fresh samples confirmed positive. A total of 1,354 new cases were recorded across 20 states and the federal capital …

Zenith Bank Plc has announced the death of one of its directors, Prof. Oyewusi Ibidapo-Obe. According to a regulatory filing by the lender to the Nigerian Stock Exchange, the late professor joined the bank in 2016 as an independent non-executive director. The statement read in part, “He was a distinguished …

The Nigerian Stock Exchange resumed trading in 2021 on a bullish trend with the All-Share Index surpassing the 41,000 mark, as investors continued to position ahead of full-year results and dividend declaration. Specifically, the All-Share Index inched higher by 876.67 points or 2.18 per cent to close at 41,147.39 from …

As part of the New Year celebration, the Chinwe Bode-Akinwande (CBA) Foundation, a non-governmental organization in Nigeria, has put smiles on faces of some widows in Nnewi, Anambra State. The event, which was held on Friday, January 1, 2021 had excited widows numbering over 55 going home with food-items and …

Fidelity Bank Plc said on Sunday that the organization will consolidate on its growth and achieve greater strides as Mrs Nneka Onyeali-Ikpe assumes office as managing director Onyeali-Ikpe becomes the fourth Chief Executive and first female to occupy the position since the inception of the bank in 1988. She succeeded …

In recognition of its meritorious contributions to the development of Olambe Community in Ogun State, Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has been honoured with the Outstanding Community Service Award in the Corporate Social Responsibility (CSR) category. The award, organised by Ascend Hotels Limited, in conjunction with …

Fidelity Bank Plc has announced new appointments in place of some of its outgoing Directors, who recently completed their tenure on the Board in accordance with the Bank’s internal governance policies. A statement by the bank’s spokeman, Ejike Ndiulo, made available to Classic International Magazine said, Mrs. Aku Odinkemelu, Executive …

There was never a time in history that e-commerce has become extremely relevant to the everyday lives of Africans than 2020. A year best described by the outbreak of COVID-19, brought to the fore the indispensable role of e-commerce as consumers across Africa relied on its delivery system to access …

Nigeria’s premier and leading financial inclusion services provider, First Bank of Nigeria Limited has announced that the 59th edition of its annually sponsored Lagos Amateur Golf Championship Teed-Off at the golf section of Ikoyi Club 1938 on Monday, 28 December 2020. The competition, which is one of the longest running …

Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider, in its continued bid to support Micro, Small and Medium Enterprises (MSMEs), has again empowered the winner of The Next Titan Season-7 with whooping sum of N10million. An entrepreneur, Joshua Joseph Idiong who is the CEO of Josult Oil Processing Company, …