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Fourteen passengers, including three children, have been burnt to death in an accident along Lagos-Ibadan expressway. Daily Trust reports that a silver Toyota RAV 4 with registration number, LND 13 GS; a silver Toyota Camry marked, GGE 369 GJ and a Mazda bus with unidentified number, were involved in the …

Jumia’s drive to take ecommerce to the nooks and crannies of Nigerian states has continued to yield testimonials from rural residents who benefit from its ripple economic impact. Victor Williams Karen, a delivery agent with Jumia in Rivers State, is a beneficiary of Jumia’s rural delivery initiative. Karen has been …

  The Central Bank of Nigeria (CBN) has extended indefinitely its ‘Naira 4 dollar scheme’ earlier scheduled to end on May 8, 2021. It disclosed this on Thursday in a circular to all Deposit Money Banks, International Money Transfer Operators and the general public, titled ‘Re: Introduction of the CBN’s …

Heritage Bank in partnership with the Road Transport Employee’s Association of Nigeria (RTEAN) has launched the Travelers’ Accident Insurance Scheme (TAIS) to assist road accident victims across the country. The scheme which was launched on Friday, aims to address deaths associated with inability of travelers involved in accident to offset …

  Pan African Financial Institution, United Bank for Africa (UBA) Plc has announced that 10 of its  loyal customers will get a chance to win N1,000,000 each, in the ongoing UBA Savings Promo which is scheduled to hold on to May 7, 2021 at the bank’s corporate head office, in Lagos.   This …

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 …