BUSINESS

LAGOS – ALAT by Wema, Nigeria’s leading digital Bank, has launched a campaign aimed at encouraging Nigerians to imbibe a healthy savings and investment culture. This according to the management of the Bank, will help them build a strong financial base in the new year. The Bank, in a statement, …

NOUAKCHOTT, Mauritania, January 24, 2023/ — Project partners bp and Technip Energy have announced that the Floating Production, Storage and Offloading (FPSO) vessel has officially left China, heading towards the Greater Tortue Ahmeyim (GTA) development on the maritime border of Senegal and Mauritania. The MSGBC region’s first hydrocarbon production is …

LAGOS – Managing Director/Chief Executive Officer of FirstBank, Dr. Adesola Adeduntan, has advised financial institutions in the country to be vigilant and improve the monitoring of their customers’ loans in order to prevent the build-up of non-performing loans (NPLs) in the industry as a result of the macroeconomic challenges. Speaking …

…VP Headlines Interswitch 20th Anniversary Event In Lagos LAGOS – With the rapid growth of innovation and technology recorded over the years globally, there are even more exciting new frontiers to be explored and harnessed by Nigeria’s talented and enterprising young entrepreneurs. This was the view of Vice President Yemi …

LAGOS – Sub-Saharan Africa’s largest lender, Access Bank Plc, has cited the failure to fulfil some requisite conditions as the reason for calling off the proposed acquisition of Sidian Bank. The discontinuation ends Access Bank Plc’s binding agreement with Centum to acquire the entire 83.4 percent shareholding held by the …

JOHANNESBURG, South Africa, January 12, 2023 – The Earthshot Prize, a global environmental prize to discover, accelerate, and scale ground-breaking solutions to repair and regenerate the planet, has begun its 2023 search for breakthrough solutions to solve the globe’s biggest environmental challenges. MultiChoice (www.MultiChoice.com), the official African broadcast partner and …

The Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Dr. Adesola Adeduntan, in this interview with THISDAY reviewed the performance of the global economy in 2022 and advised businesses and their bankers to approach 2023 with a partnership mindset to ensure that a win-win outcome is achieved despite the …

…Commends Odu’a Investment Co.’s Legacy, Vision ABUJA – Vice President Yemi Osinbajo, SAN, has said that investment  in technology is the way of the future. According to a release e-signed and made available to StarTrend Int’l magazine and online – www.startrendinternational.com by Laolu Akande, Senior Special Assistant to the President …

LAGOS – Wema Bank Plc (Bloomberg: Wema NL) (“Wema” or “the Bank”) has announced the retirement of its Managing Director/CEO, Ademola Adebise from Wema Bank Plc; with effect from March 31, 2023. The Bank has also appointed Moruf Oseni, the current Deputy Managing Director as Managing Director/CEO It also appointed …

IBESE-YEWA – Dangote Cement Plc, Ibese Plant, in Yewa North Local Government of Ogun State, has taken its social performance initiative a notch higher with the launch of Multi-Million Naira Corporate Social Responsibility (CSR) projects for its host communities. At the event tagged “2022 Host Community Day”, held on Saturday, December …