Business

  Leading financial technology firm OPay has introduced its innovative Large Transaction Shield feature, designed to offer users greater control and security over their funds. In a statement released to The PUNCH on Sunday, the company explained that the feature ...

  Sterling Bank has teamed up with AfriGO and the Nigeria Inter-Bank Settlement System to introduce the “Independence Reward Programme”. Launched in commemoration of Nigeria’s 64th Independence anniversary, the bank noted in a release that the initiative sought to distribute ...

  Unity Bank Plc has hosted a capacity-building workshop aimed at empowering women entrepreneurs with digital marketing skills. The workshop, themed “Empowering Women Entrepreneurs: AI and Digital Marketing Strategies,” brought together participants from various sectors to equip them with essential ...

  Coscharis Technologies Limited, a subsidiary of the Coscharis Group, has finalised plans to executive a $4bn renewable energy project to revolutionise Nigeria’s power sector. According to the firm, the initiative, the largest green energy project in West Africa, will ...

  The Federal Government is set to deliver up to 400,000 barrels of Nigerian crude oil daily to the Dangote refinery under its naira-for-crude agreement, a report by Bloomberg stated on Monday. It said this significant development is expected to ...

  Lagos, 5 October 2024: FirstBank has announced the full restoration of services on Firstmobile, its mobile banking platform, following a downtime earlier this week which occurred following a recent upgrade of the mobile banking application. Firstmobile is now up ...

  Access ARM Pensions Limited has commenced its operations with N3tn in Assets Under Management. In a statement on Thursday, Access ARM Pensions stated that the newly formed entity, a merger of Access Pensions Limited and ARM Pension Managers Limited, ...

The House of Representatives on Thursday approved President Bola Tinubu’s request for a refund of about N24bn to the Kebbi and Nasarawa state governments, for the takeover of two airports built by the two states. Recall that on May 16, ...

  Wema Bank Launches MOWA-SARA Accelerator Programme …Partners with Federal Ministry of Women Affairs to empower 500,000 women. Through its women-focused proposition, SARA by Wema, Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, ...

  Meta Platforms Inc., the parent company of Facebook, disclosed on Wednesday that it paid over $2bn to content creators in 2023, marking a significant milestone in its monetisation efforts. This announcement coincides with the rollout of Facebook’s new Content ...

  Meta co-founder and CEO Mark Zuckerberg is now the second-richest person in the world, according to the Bloomberg Billionaires Index. With a net worth of $206 billion — driven higher by a recent rally in the Facebook parent company’s stock ...

  A Federal High Court in Lagos has fixed October 21, 2024, for the hearing of pending applications in a suit filed by an investment firm, Barbican Capital Limited against First Bank of Nigeria Holdings Plc over the alleged disputes ...

  The Federal Government has announced the exemption of 63 items from Value-Added Tax (VAT), as part of its latest fiscal reforms. This was revealed by the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, ...

  In a significant milestone for Nigeria’s creative economy, Minister Hannatu Musawa has announced a $200 million financing facility with the African Export-Import Bank (Afreximbank). According to Vanguard, this partnership aims to drive growth in the country’s creative industries, aligning ...

  Popular singer Wizkid has claimed that the well-known fashion brand Puma reached out to him before choosing Davido as their ambassador. He shared this information during his recent tirade against Davido. Wizkid revealed his reason for declining the partnership ...

  A former acting governor of the Central Bank of Nigeria, Folashodun Shonubi, on Wednesday, told Justice Maryann Anenih of the Federal Capital Territory High Court in Maitama Abuja, that intrigues and politics were involved in the naira redesign carried ...

Lagos.02.10.24. Unity Bank Plc has hosted a capacity-building workshop to support the Association of Nigerian Women in Business Network (ANWBN) in a move aimed at empowering women entrepreneurs with the necessary skills required to thrive in today’s digital economy. The ...

Flour Mills of Nigeria has stated that it is making bold moves to secure its future as a regional and industrial powerhouse. The company recently announced a share acquisition plan aimed at transitioning its structure to better align with its ...

  The Office of the Special Assistant to the President on Creative and Digital Economy has collaborated with Wema Bank to unlock new funding opportunities and drive growth within the country’s creative economy. In a recent statement, the Special Assistant ...

  First Bank has committed to developing the creative industry and youth employment by sponsoring Kurunmi, a stage play, written by renowned author, Ola Rotimi. The Executive Director of Retail Banking South Directorate, Oluseyi Oyefeso, revealed this at the showing ...

  PalmPay, a financial platform, has introduced a new USSD code aimed at expanding access to financial services for users across Nigeria. In a statement released on Monday, the fintech company explained that its newly launched service allowed users to ...

  Air Peace and its founder, Allen Onyema, have clinched two awards for their outstanding achievement in the aviation industry. The airline and Onyema received the awards at the 21st Anniversary of Marketing Edge during its Edge Awards 2024. The ...

Passengers are still awaiting refunds for cancelled flights months after Dana Air’s suspension by the Nigerian Civil Aviation Authority. Frustrated customers have turned to social media to demand government intervention. One passenger with X handle @aily_bee, stated, “Since April, I’ve ...

  Facebook’s parent company, Meta is streamlining its three monetization programs for the social media platform to simplify the process for creators looking to earn. Previously, creators could monetize their content through in-stream ads, ads on Reels, and performance bonuses, ...

  The National Agency for Food and Drug Administration and Control, NAFDAC, have searched some supermarkets and open shops in some parts of Abuja. The agency said in a statement posted on its X handle on Tuesday that during the operation ...