Business

  The New York City fruit vendor who sold an ordinary banana that was duct-taped to a gallery wall inside Sotheby’s and sold for a whopping $6.2 million was devastated to learn that he was made the butt of the ...

  Petroleum products from the Port Harcourt Refinery Company (PHRC) are exclusively for the Nigerian National Petroleum Company Limited (NNPCL) for now, the oil giant said yesterday The products – petrol, diesel and kerosene – are for retail outlets operated ...

  Wema Bank Unveils Top 35 Innovators Advancing to the Grand Finale Pitch of Hackaholics 5.0 Wema Bank, Nigeria’s innovative leader in banking and pioneer of Africa’s first fully digital bank, ALAT, has officially announced the 35 exceptional teams advancing ...

  United Bank for Africa has called on Nigerian entrepreneurs to embrace sustainable business practices as a means to ensure long-term growth and survival in the country’s challenging economic environment. Speaking at the UBA’s last quarterly business series for the ...

  The Dangote Petroleum Refinery says the Federal Government has not met its target to supply crude oil to the refinery under the naira-for-crude initiative. It said the amount of crude received from the Nigerian National Petroleum Company Limited is ...

  WEMA BANK COMMEMORATES INTERNATIONAL FRAUD AWARENESS WEEK 2024 Reinforcing its commitment to combatting fraud and protecting customers’ financial interests, Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, commemorated International Fraud Awareness Week ...

  The National Agency for Food and Drug Administration and Control has raided a warehouse in Oke-Afa, Okota, Lagos, filled with unregistered and expired supermarket items This was revealed in a statement shared on X.com (formerly Twitter) on Wednesday. According ...

  Fidelity Bank has announced the launch of the sixth edition of its flagship savings campaign, the Get Alert in Millions promo, aimed at empowering Nigerians with over N159m in cash prizes. Speaking at a press conference in Lagos on ...

  The founder/Chief Executive Officer of Moniepoint Inc., Tosin Eniolorunda, has said that it is more profitable to provide financial services to women than men. Eniolorunda said this in a statement shared with The PUNCH on Tuesday while highlighting the need to ...

  United Bank for Africa is set to empower Micro, Small, and Medium-scale Enterprises with wealth management skills in the last edition of its quarterly business series for the year. The pan-African bank said this edition of the business series, ...

  FirstBank Hosts Inaugural China-Africa Interbank Association Forum; reiterates its commitment to promoting trade, financial cooperation and Economic Development.   Lagos, 28 October 2024 – FirstBank, the premier West African financial institution and financial inclusion service provider has announced its ...

  The Nigerian Electricity Regulatory Commission, NERC, has cautioned electricity consumers against paying for replacement of obsolete or faulty meters, saying it is the responsibility of electricity distribution companies, DisCos, to replace the meters. The Commission in a statement on ...

  Wema Bank Appoints New Deputy Managing Director and Executive Director Wema Bank, Nigeria’s innovative leader in banking and pioneer of Africa’s first fully digital bank, ALAT, is pleased to announce the appointment of a new Deputy Managing Director and ...

  Wema Bank Appoints New Deputy Managing Director and Executive Director Wema Bank, Nigeria’s innovative leader in banking and pioneer of Africa’s first fully digital bank, ALAT, is pleased to announce the appointment of a new Deputy Managing Director and ...

  Wema Bank Announces Grand Finale of Hackaholics 5.0: Set to Reward Winners With ₦75 Million Worth of Prizes Wema Bank, Nigeria’s foremost innovative financial institution and pioneer of Africa’s first fully digital bank, ALAT, has announced the grand finale ...

  MultiChoice Chief Executive Calvo Mawela stated that a potential $3bn merger with French media company Canal+, owned by Vivendi SE, would strengthen the African TV company’s ability to compete with US streaming giants such as Netflix. In an interview ...

  The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has disclosed an alleged scheme involving an oil cabal in Nigeria working alongside international oil companies (IOCs) to undermine the operations of private refineries like Dangote Petroleum Refinery. ...

  *Wema Bank Honored at Global Retail Banking Innovation Awards 2024 … Receives Best SME Bank in Nigeria and Excellence in Digital Innovation Awards* Wema Bank, recognized as Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ...

  The estimated cost of landing Premium Motor Spirit, commonly known as petrol, on Nigeria’s shores has seen a considerable reduction of 20.34 per cent, dropping to N971.57 per litre over the past three months. This decline in landing cost, ...

  First City Monument Bank is offering up to N30m to help Nigerian households and small businesses procure solar panels, batteries, inverters, and other clean energy equipment. According to a statement from the bank, the loan aims to ease financial ...

  Wema Bank has launched a banking app, ALAT Xplore App, to empower teenagers with financial resources and the opportunities to give them a head-start towards financial responsibility. A statement from the bank indicated that the app targeted at teens ...

  Omah Lay has reportedly purchased two brand-new Tesla Cybertrucks, according to a car seller on Instagram. The autodealer took to Instagram to tease the sale, asking fans to guess the buyer’s identity. “We just sealed a deal on another ...

  Lagos, Nigeria – November 6. FirstBank, the premier West African financial institution and financial inclusion service provider is excited to announce its 6th annual Fintech Summit, themed “Banking on Partnerships,” scheduled to hold on November 13 and 14, 2024. ...

  Polaris Bank’s commitment to digital innovation and excellence has once again been recognized, as the Bank was awarded the prestigious “Best Mobile App” award for its renowned digital banking platform, VULTe, at the Digital Jurist Awards held October 31 ...

  The Oyo State Government has approved a minimum wage of ₦80,000 for the state workforce. The Commissioner for Information and Orientation, Prince Dotun Oyelade, in a statement said the Technical Committee set up by the State Government recommended and ...