Business

In the fourth quarter of 2020, unemployment rate in Nigeria increased to 33.30 percent from 27.10 percent in the second quarter of 2020 according to the Bureau of Statistics. The rate of unemployment in Nigeria continues to increase at an alarming rate and it requires meaningful and tangible actions. As a socially conscious organization, VFD Group, a proprietary investment company, has kicked off application …

How N20 billion loan obtained by Kogi Government to offset workers salaries was laundered through Sterling Bank, paid into a fixed deposit account. It has been reported how a N20 billion bailout loan secured by the Kogi government for salary payment was put into a Sterling Bank fixed deposit account. …

The first week of August has been challenging for customers of Ecobank Nigeria, as they expressed displeasure over the downtime experienced on their digital channels. Series of complains has flooded the social media pages of the pan-African banking conglomerate. Ecobank which prides itself as the leading independent regional banking group …

  SBI Media Group has won multiple awards at the 2021 Marketing Edge Brands & Advertising Awards of Excellence ceremony held recently in Lagos. The group along with its subsidiary company; Streams Media won various awards at the prestigious event. SBI Media received the Marketing Edge most outstanding Smartphone Campaign …

First Bank of Nigeria Limited has announced its sponsorship of ‘A Deep Dive Into History’, a theatre production from the Duke of Shomolu (DOS) Production House, spearheaded by Joseph Edgar. A deep dive into history comprises two exciting stage plays – Aremu and Awo, showing from the 22nd of August …

  In a clear demonstration of its resilience, Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2021, recording positive growth across key financial metrics despite a challenging macroeconomic environment exacerbated by the COVID 19 pandemic. According to the bank's audited half-year financial results presented …

  Lagos, Nigeria: August 30, 2021 All the stars came out this weekend for the exclusive premiere of REDTV’s latest web series, Assistant Madams, Dark Hearts. REDTV, the online network supported by the United Bank for Africa continues to make impact in the creative industry on the African Continent, with …

  CBN Governor Emefiele Banks have warned that defaulters of the new foreign exchange policy may face criminal prosecution by the Central Bank of Nigeria. The banks in emails to their customers said that defaulters of the new FX foreign exchange policy may face sanctions such as being barred from …

Nigeria's leading financial institution, Zenith Bank Plc, has introduced an Artificial Intelligence (AI) powered Chatbot on WhatsApp named ZIVA (Zenith Intelligent Virtual Assistant), which enables customers to perform financial transactions and enjoy real-time customer service from their mobile phones. Customers can enrol by simply adding the bank's verified WhatsApp mobile …

A logistics partner of ecommerce market leader, Jumia, Chidi Anyina, founder of ACOA Courier, has espoused the growing importance of logistics in the country saying the company which started in a corner of one room has grown to become one of the biggest employers of labour in Festac Town in …