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At the current pace, there’s no denying the improved fortune of eCommerce in Africa. Even the most ardent doubters of eCommerce viability on the continent will accept that the online shopping business is gaining momentum on the continent, contrary to their forecast and expectations. Major African markets like Nigeria and …

“My father was a shareholder of some companies, including banks, and he periodically received annual reports from them,” he recalls. “I found myself developing a special interest in reading and reviewing them.” This unusual reading material planted the seed of a desire to follow his father’s footsteps and enter the …

The Senate Committee on Ethics, Privileges and Public Petitions, on Tuesday, gave the Chairman, Code of Conduct Tribunal, CCT, Danladi Umar, two weeks to defend a petition against him. The Chairman of the Committee, Sen. Ayo Akinyelure, issued the directive when Mr Umar appeared before the committee on Tuesday in …

Ahmad Gumi, prominent Islamic cleric, has asked the Central Bank of Nigeria (CBN) to pay the N100 million demanded by the abductors of Greenfield University students, Kaduna state.  Several students were abducted on April 18 when gunmen attacked the school. The kidnappers have since killed five of the students and …

  The mortgage industry is recording exciting news as one of the oldest Abbey Mortgage Bank recorded a Profit-Before-Tax of N76 million in Q1 2021, which is a positive deviation from the loss position of N4billion as at December 2020. It also grew its deposit from N14.6 billion to N23.5 …

Dangote Cement Plc’s huge investment has been described as one of the major contributors to the development of the Senegalese economy. Besides, the Cement plant located in Pout, 60 kilometres away from Dakar, has greatly assisted in strengthening the business relationship between Senegal and Nigeria. Dangote Cement Senegal currently holds …

The Presidency has said some “disgruntled religious and past political leaders” are plotting to convene an illegal National Conference where a vote of no confidence would be passed on President Muhammadu Buhari with a view to overthrowing his government. It said the purpose of the move was to further throw …

Mudashiru Obasa, Speaker, Lagos State House of Assembly The Lagos State House of Assembly on Tuesday suspended three local government council chairmen over alleged disregard for the guidelines governing their activities. The House said it can no longer continue to watch while the council chairmen stubbornly flout the state’s local …

The shareholders of Fidelity Bank Plc have unanimously endorsed the payment of a cash dividend of 22 kobo per share to all Shareholders whose names appear in the Register of Members at the close of business on April 16, 2021. This translates to a dividend yield of 9.2%, making it …

Pan-African financial institution, United Bank for Africa (UBA) Plc added to its growing list of laurels at the Independent Newspaper Awards, winning the Bank of the Year. The bank was announced winner of the coveted awards at a glamorous event which was well-attended by the top echelon of the financial …