Business

  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 ...

  The residents of Ilasamaja community in Mushin Local Government Area of Lagos State have petitioned the Managing Director/Chief Executive Officer of Eko Electricity Distribution Company (EKDC), rejecting the planned migration from Band B to Band A. The community has vowed to ...

  The Electricity Consumer Protection Advocacy Centre has expressed strong opposition to the Ministry of Power’s assertion that over 40 per cent of Nigerians now enjoy up to 20 hours of daily power supply. The claim, made by Minister of ...

  Wema Bank Commemorates Nigeria at 64 …To reward 64 customers with cash prizes in The Wema Bank 5 for 5 Promo Season 4 Independence Day Special Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital ...

  The Minister of Power, Chief Adebayo Adelabu, claimed yesterday that over 40 per cent of Nigerians now enjoy 20 hours of electricity supply daily. The minister in a statement by his media aide, Bolaji Tunji, explained that the feat was ...

  Wema Bank Certified Great Place To Work for the Second Time in a Row Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has been officially certified as a Great Place To Work ...

  Lagos, 27 September 2024 – In an exclusive interview with Arise TV on the sidelines of the 79th United Nations General Assembly in New York, the CEO of FirstBank, the premier West African financial institution and financial inclusion service ...

  Emeka Nobis, a teacher, sparked a strong debate with his comments about the growing trend of online mining platforms like Hamster Kombat. In a Facebook post that quickly gained attention, Nobis called people who play crypto mining games “unwise” ...

  Wema Bank Shines at Global SME Finance Forum Conference Awards 2024 …Awarded: • SME Financier of the Year (Africa) • Platinum Award for Best Financier for Women Entrepreneurs (Africa) Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s ...

  Africa’s richest man, Aliko Dangote, says January’s visit by the operatives of the Economic and Financial Crimes Commission to the Lagos Head Office of the Dangote Group was intended to embarrass his company. Speaking in an interview with Bloomberg ...

  Operatives of the National Drug Law Enforcement Agency have again arrested a 48-year-old businessman, Christian Ogbuji. Ogbuji was first arrested at the Nnamdi Azikiwe International Airport, Abuja, on May 10, 2023, upon arrival from Uganda via Addis Ababa, onboard Ethiopian ...