Business

  Wema Bank has stressed the need for inclusion and equity for women in the workplace and society. According to the Managing Director/Chief Executive Officer of Wema Bank, Moruf Oseni, at the bank’s International Women’s Day event, all hands must ...

Access Holdings Plc inched up by 1.52 per cent on Thursday, a day after Aigboje Aig-Imoukhuede was appointed the chairman of the financial group. Access Holdings trading under the AccessCorp ticker on the Nigerian Exchange appreciated to N23.35 from N23 ...

  No fewer than 17 out of the existing 24 Deposit Money Banks may be unable to meet the Central Bank of Nigeria’s capital requirement if it is increased from its current N25bn, according to a report by Ernst and Young. ...

  Fan Milk Plc has disclosed that it has entered into a strategic partnership with Obasanjo Farms Nigeria Limited to boost dairy production in the country. In a statement, the firm said the partnership was aimed at advancing dairy farming ...

  Dangote Cement has donated leather works starter packs to 30 beneficiaries of the 2023 community youths empowerment programme organised in partnership with Industrial Training Funds in Ogun State. The Director of Dangote Cement Plc, Ibese plant, Mr Nawabuddin Azad, ...

Justice James Omotosho of the Federal High Court in Abuja, on Friday, ordered the remand of the Managing Director and Chief Executive Officer, MD/CEO of Duport Midstream Company Limited, Dr Akintoye Akindele, at the Kuje prison in Abuja Akindele will ...

  Kyari also disclosed that the Warri refinery was almost ready too, while the refinery in Kaduna would be completed and ready to go into production in December this year   The Group Chief Executive Officer of the Nigerian National ...

  Three banks have projected a combined profit of N33.76bn for the second quarter of 2024. The financial institutions include FCMB Group, Sterling Financial Holding Company and non-interest bank, JaizBank, disclosed this in their second quarter projections filed with the ...

  Gaming platform, BetKing and fintech company, PalmPay, have unveiled a campaign to reward their customers, who are football fans. The ‘#PalmPayxBetKing Goals Galore’ campaign, launched on Wednesday, rewards dedicated football fans with exclusive discounts and promotions during the ongoing ...

  Telecom operator Globacom has launched its latest offering, Glo Korrect Predict Lottery Service, aiming to tap into the burgeoning sports prediction market valued at over $155bn globally by 2024. In a statement on Thursday, the telco said the football ...

  MTN Nigeria has said the network connectivity disruptions experienced by its customers were due to damage to an overseas undersea cable. The telecom operator disclosed this in a statement on Thursday. The PUNCH gathered that the glitch seemed to have ...

  The Africa Finance Corporation (AFC), the continent’s leading instrumental infrastructure solutions provider, has joined forces with Ecobank Nigeria and Soto Gallery to host the +234Art Fair, a 10-day international exhibition intended as a springboard to promote Africa’s art and ...

  Ecobank Transnational Incorporated has announced that it has obtained a $250m loan facility to boost its liquidity buffers. According to a statement signed by the Group Chief Financial Officer, Ayo Adepoju, which was filed with the Nigerian Exchange Limited ...

  In a grand and impactful celebration of International Women’s Day 2024, Adron Homes went above and beyond to champion the cause of women’s empowerment and advocate for gender equality. The day was marked by a series of events aimed ...

  Dangote Cement, BUA Cement, Lafarge Africa, and other major producers recently agreed on a new price for a bag of cement. This followed negotiations with the federal government and threats to reopen borders for cement importation However, checks showed ...

  Nigerian lender, Unity Bank Plc is partnering with SkillPaddy in its “Count Her In” tech Programme focused on empowering no fewer than 1000 female beneficiaries in Software Engineering Training. The IT skill development and empowerment initiative is intended to ...

The Ogun State Government has shut Phoenix Steel Mills Industries Limited in Ogijo, Sagamu Local Government with immediate effect following gas explosion in the factory Commissioner for the Environment, Ola Oresanya announced the immediate closure of the Iron Rod manufacturing ...

The Niger State Government has renamed the Minna International Airport after President Ahmed Bola Tinubu Recall that the airport was formerly known as Dr Abubakar Imam International Airport. The President is expected in Minna, the state capital to officially flag off ...

The Oyo State Government on Monday banned the use of styrofoam for food services, storage, and other related purposes The state House of Assembly had, on Thursday, February 8, 2024, urged the state government to ban the use of styrofoam ...

  Female entrepreneurs have been advised to invest in themselves and build structures around their businesses for sustainability’s sake. That was the fallout of the United Bank for Africa Business Series, the Women’s Day edition, held at the bank’s Head ...

The shareholders of Vitafoam Nigeria PLC have approved the N1.95bn dividend proposed by the company’s board of directors. The shareholders gave their approval at the firm’s 62nd Annual General Meeting in Lagos recently. The dividend of N1.95bn translates into N1.56 ...

Kuda Business, a segment of Kuda Microfinance Bank, has achieved 100,000 customers milestone on its platform. A statement from Kuda recently said that the business management and banking platform was providing support to more than 100,000 freelancers and micro, small ...

  Union Bank of Nigeria has reiterated calls for an equitable and inclusive society devoid of biases, stereotypes, and discrimination, especially against women. The Chief Executive Officer of the bank, Yetunde Oni, stated this during the commemoration of the 2024 ...

  The mobile banking app recently launched by MoneyMaster Payment Service Bank Limited (MMPSB), Nigeria’s leading payment service bank, has been enriching the banking experience of the bank’s customers. The app, which was unveiled by MMPSB for the convenience of ...

Union Bank of Nigeria has re-emphasised its advocacy for an equitable and inclusive society devoid of biases, stereotypes, and discrimination. This assertion was recently made at a special event hosted by the Bank to commemorate this year’s International Women’s Day ...