LAGOS, NIGERIA – Opay, one of Nigeria’s leading digital payment and fintech firms, has issued a stern warning to its customers regarding certain prohibited transactions on its platform. In a notice distributed to customers on Friday, May 3, 2024, the company explicitly stated its prohibition against trading cryptocurrency or engaging …
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LAGOS, NIGERIA – United Bank for Africa Plc (UBA), Africa’s Global Bank, has released its financial results for the first quarter ended March 31st, 2024, showing very strong growth across key performance measures. The Group’s results, which were released to the Nigerian Exchange Limited (NGX) on Friday, May 3, 2024, …
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LAGOS, NIGERIA – The Ikeja Electric Distribution Company (IE) has announced reduction on its electricity tariff for customers under Band A. In a circular issue d by the management of the company on its “X” page, on Monday, May 6, 2024, IE said the Band A customers will now pay …
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LAGOS, NIGERIA – MAY 2024 – Guaranty Trust Holding Company Plc (GTCO or the Group) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2024, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦509.3billion, …
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…As EFCC Freezes Over 1,100 Bank Accounts Amidst CBN’s Ban On Fintechs ABUJA, FCT, NIGERIA – The Central Bank of Nigeria’s recent ban on mobile money operators and fintech firms from accepting new customers has sparked concern among bank patrons. This directive, affecting companies like OPay, Palmpay, Kuda Bank, and …
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LAGOS, NIGERIA – Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker, from Nigeria to Ghana and Cameroon and that the export, for the first quarter of 2024 increased by 87.2 per cent at 264kt. While the company commissioned 10 of the 17 Alternative …
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toChivita|Hollandia (CHI Limited), the juice aleading fruit and value-added dairy manufacturer in Nigeria has rewarded its long standing distributors at the recently held 2024 Distributor Conference. The event with the theme, “Break Boundaries Exceed Expectations” served as a platform to recognize and reward the exceptional contribution of the distributors and …
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LAGOS, NIGERIA, April 23, 2024 – Legend Twist pulled out all the stops at Trace Live with D’banj, commemorating his two-decade journey as a stage icon. According to a release e-signed and made available to StarTrend Int’l magazine and online, the electrifying event, held on April 12, 2024, at Terra …
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LAGOS, NIGERIA – As part of its mission to empower African businesses with tools needed to thrive, garner admiration, and foster global acclaim, leading payment solution company, Hydrogen Payment Services Company Limited (Hydrogen), recently partnered with the Co Creation Hub (CcHub), to host the latest edition of the Catalyst workshop …
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ABUJA, FCT, NIGERIA – Fayrouz, the nation’s beloved premium soft drink, on Saturday, April 20, 2024 treated guests to a delightful brunch event at The Pavilion in Abuja, in collaboration with Sabi Groove Events. The venue came alive as guests entered the elegant setting. Amidst sips of Fayrouz and bites …
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