Business

  …Commemorates women’s month through its 5 for 5 Promo Reinforcing its reputation as a pro-women and inclusion-driven bank, Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has disbursed a total of N11,000,000 to 131 women across Nigeria in the women’s month draw …

  Tier-one lender, Fidelity Bank Plc, has once again highlighted the importance of promoting non-oil exports as it recently hosted the 18th edition of its dedicated capacity development training tagged Export Management Programme (EMP 18). The programme, which was held recently in Lagos provided a platform for entrepreneurs interested in …

Thousands of residents of Ilaje community in Bariga, Lagos on Saturday benefited from the magnanimity of  Glo Foundation, an initiative of data solutions provider, Globacom, as it shared boxes of food and other essential items to the community. The Foundation had collaborated with the  Lagos Food Bank in the determination …

The trial of a former Managing Director of Assets Management Corporation of Nigeria, AMCON, Ahmed Kuru, Union Bank and three others for allegedly defrauding Arik Airline of N76 billion and $31.5 million, respectively began before Justice Mojisola Dada sitting at the Special Offences Court, Ikeja, Lagos. The other accused persons …

The Nigerian stock market recorded its third consecutive day of negative close this week on Wednesday, as bargain hunters failed to provide support for oversold stocks This week, the market has lost about N563 million as weak sentiment at the Nigerian stock market kept gains in check. The market opened …

  Nestlé Nigeria has once again demonstrated its commitment to providing accessible and affordable nutrition with the launch of Golden Morn 3in1, Nigeria’s first fully ready-to-eat cereal. This product combines Nigeria’s favorite Maize and Soya cereal with milk, requiring only the addition of water to serve a complete meal that …

Renewed partnership will offer coordinated flight and cruise schedules to and through Dubai Airline and cruise company working on enhanced connectivity and transportation solutions between DXB and Dubai Harbour Cruise Terminal Emirates and Costa Cruises have renewed their partnership through 2027, further positioning Dubai as a major global cruise hub. …

… lauds Gov Abiodun’s Vision, Policies on attracting investment to Ogun State Africa’s foremost Industrialist and President of the Dangote Industries Limited, Aliko Dangote, has disclose his plan to build in Ogun State, a multi-billion-dollar Seaport, which will be the largest in Nigeria. He also said two new lines with …

Seplat Energy Plc has announced the successful conclusion of its cash tender offer for its outstanding 7.750 per cent Senior Notes due 2026, with an aggregate principal amount of $567.46m tendered and accepted for purchase. The company in a notice to the Nigerian Exchange Limited (NGX) said the tendered amount …

The Bank of Industry (BOI) has launched a special intervention programme, Project Guaranteed Loans for Women (GLOW), valued at ₦10 billion to support female entrepreneurs across the country. The bank’s Managing Director, Dr Olasupo Olusi, announced the initiative on Thursday in Lagos, stating that the funding “aims to bridge the …