Business

All is now set for the biggest beauty products and services fair in Nigeria.  In its tradition of going ‘beyond banking,’ Nigeria’s retail banking giant in partnership with Eventful Limited, is set to bring together beauty products and services providers, consumers and beauty enthusiasts from March 17 to 18 at …

Zenith International Bank has announced gross earnings of N745.19 billion for the financial year ended December 31, 2017. The News Agency of Nigeria reports that the figure represented a growth of 46.69 per cent over N507.99 billion posted in 2016. This is contained in the bank’s audited result released by …

Isaac Okoroafor, Acting Director, Corporate Communications, CBN The Central Bank of Nigeria (CBN), in its quest to guarantee the availability of forex for customers’ needs in various segments of the market, has injected another sum of $210million into the inter-bank Foreign Exchange Market. Figures obtained from the Bank on Monday, …

Heritage Bank Plc, Nigeria’s most innovative banking service provider has taken a bold step to revolutionalise the banking sector with the introduction of an advanced intelligent digital experience known as Octopus. The solution which is full-fledged digital bank, has been described by financial technology experts as a game-changing innovation that …

A microfinance institution, OHHA Microfinance Bank Limited, has accused Sterling Bank Plc of defrauding it of N219 million it deposited with the bank. The accusation was made in a letter to Sterling Bank by OHHA Microfinance Bank’s lawyers, Festus Keyamo Chambers. Dated 20 February and jointly signed by Messrs B.I …

Heritage Bank Plc, Nigeria’s Most Innovative Banking Services Provider, has taken its campaign for concerted efforts for the growth of agribusiness and commerce in Nigeria to another level as it wants the bilateral agreement signed by Lagos and Kano States to provide for a Commodity Exchange. The two states signed …

The business educational development of Northern Nigeria took a new turn at the weekend when the renowned businessman, Aliko DANGOTE donated a N1.2 billion ultra-modern business school edifice to the Bayero University, Kano, (BUK), first of such in the northern part of the country. Christened Dangote Business School, the business …

I’m passionate about the youth,not only because they are the future of our nation but I’m also one. There can’t be any national development without capacity development of the youth ! I don’t want to see the youths behind bars simply because they lack mentorship! I Dolapo Badmos, a Superintendent …

…PROMISES TO END RICE IMPORTATION The Dangote Rice Outgrower Scheme in Jigawa State reached a turning point yesterday when the President of Dangote Group, Aliko Dangote laid a foundation stone for the construction of a multi-billion Naira rice processing mill in Hadin, Jigawa state. The mill with capacity to process …

United Bank for Africa (UBA) Plc, a pan-African banking group and China Development Bank (CDB), the world’s largest development finance institution, on February 27, 2018 announced the signing of a letter of intent for  $100 million seven-year to finance the development of small and medium enterprises (SMEs) in Africa. The …