Business

Millennials in Nigeria and across Africa should diversify from service-oriented enterprises to manufacturing and agriculture in a bid to fast track the development of the continent and better life for her nationals, Executive Director, the Dangote Group, Hajiya Halima Aliko-Dangote, has advised. She made this call at the 58th Conference …

  Stanbic IBTC Capital and Stanbic IBTC Bank, subsidiaries of Stanbic IBTC Holdings PLC, have partnered with Dangote Cement PLC (“Dangote Cement” or the “Company”), Africa’s largest cement producer, to conclude yet another issuance of N50 billion Series 3 and 4 Notes, under the recently established Dangote Cement PLC’s N150 …

  Keystone Bank Limited, Africa’s best customer service provider recently signed up popular Nollywood actress, writer and producer, Funke Akindele Bello popularly known as ‘Jenifa’ as its official brand ambassador. By virtue of this partnership, the multiple award-winning screen diva, Funke Akindele, will prominently represent the Keystone Bank brand and …

The Lagos audition of the Heritage Bank Plc’s foremost entrepreneurial reality TV show, popularly called the Next Titan, was held with no fewer than 1000 contestants in attendance. The enthusiastic contestants trooped to Excellence Hotel, Ogba, venue of the audition weekend, with expectation that luck would smile on them to …

Eaton Acquisitions Limited, an investment company that focuses on identifying listed companies with high growth potential and investing, has announced the completion of the purchase of 130 million shares of NEM Insurance Plc. The cross deal, which has caught the attention of market watchers, sees Eaton, which was seeking to …

The Knights of St Mulumba in the Lagos Metropolitan Council has created three new sub- councils for knights and Ladies of the Order namely, Victoria Garden City (VGC) Sub-Council from Lekki Sub-Council, Gbagada Sub-council from Maryland Sub-Council and Amuwo-Odofin Sub-Council from Festac Sub-Council. Speaking at the event in Lagos, at …

Leading retail bank, Diamond Bank Plc, has again reiterated its support for Small and Medium-Scale Enterprises (SME) as the Bank announced its disbursement of over N1 billion under the cash flow-based SME lending scheme. Launched in January 2017 in partnership with the Women’s World Banking (WWB), the scheme features the …

In a rapidly changing world, more so in the digital space, finding the right models to anchor human capital development will remain a paramount determinant of corporate success. This thinking underscores the Workplace Banking Seminar’ organized by Stanbic IBTC Bank PLC, a member of Stanbic IBTC Holdings PLC, in Lagos, …

The Tomi Somefun-led Unity Bank Plc has been tagged a financial institution without a banking philosophy. Years ago, a Managing Director of Unity Bank Plc, Henry Semeniteri, was quoted saying that the financial institution was repositioning to have a South/Western outlook, as to be able to rub shoulders with its …

  By: Felix Onajite Since the financial crisis that enveloped the global market a decade ago, the profitability and reputation of banks has been under tremendous pressure worldwide, Nigeria inclusive. Whilst the banking industry is now regaining its health, the entrant of fintechs and neo-banks in the industry is posing …