BUSINESS

LAGOS – Wema Bank, Nigeria’s Leading innovative financial institution, has rolled out a new benefit for parents and children on its bespoke children’s savings account, Royal Kiddies Account (RKA), in a new campaign to encourage savings and financial prudence.

ACCRA, GHANA – In the world of entrepreneurship, some dream and hope their ideas become reality whilst others seize any available opportunity to make their dreams come true. In the end, what these people want is to have something they can proudly call “MyOwnBusiness”. According to a release e-signed and …

BY ABUSATAR HAMED LAGOS – In a blaze of honour, the Pan-African conglomerate, Dangote Industries Limited (DIL) and its Africa’s leading Cement manufacturer subsidiary, Dangote Cement Plc were adjudged the Largest Corporate Bond lodgment on FMDQ in Gold category and the 2022 Most Trusted Brand of the Year, respectively. On …

LONDON – FBNBank UK, a subsidiary of FirstBank Group had London, the United Kingdom painted blue as it celebrated its 40th anniversary, theme: “Partnership Beyond Borders”, on Friday, November 11 2022. The event which had customers, members of government functionaries and the diplomatic community, regulators, captains of industries in attendance, …

Nairobi, Kenya – Africa’s Fulfillment and Logistics enabler Sendy has on Wednesday, November 9, 2022 announced funding from MOL PLUS Co., Ltd. which is the Corporate Venture Capital of Mitsui O.S.K. Lines, Ltd. (MOL). MOL PLUS, a subsidiary of Mitsui O.S.K. Lines has joined existing Sendy investors as part of …

ABUJA – President Muhammadu Buhari has congratulated the Board, Management, and Staff of First Bank of Nigeria Limited (FirstBank) for cross-border services through FBNBank UK in the United Kingdom for 40 years, sharing almost 130 years of banking experience. In a statement signed by the Special Adviser to the President …

NEW-YORK – Sequel to the just concluded extraordinary meeting held in Washington DC on Wednesday, November 2, 2022 between the United States Federal Reserve Bank, Office of the Comptroller of Currency, IMF, World-Bank and Governors of Africa’s Central Banks, the United States government has set date for restriction on acceptable …

ABUJA – THE Central Bank of Nigeria (CBN) has directed all Banks in the country that individuals can only deposit N5 million for a new account and N50 million for an old account in one month. The directive, which was issued by CBN Director of Currency, Ahmed B. Umar, was …

LAGOS – We are going through interesting times in the country today. Nigeria is a country blessed with a lot of potentials but it seems to struggle. The suboptimal developmental realities have put many Nigerians under a little more-than-normal pressure economically. The high unemployment rate, high-interest rate, poor access to …

KADUNA – Kaduna was agog with excitement as this year’s First Bank of Nigeria Limited sponsored Emir of Zazzau African Patrons Cup and Breast Cancer Awareness Campaign started on November 1, 2022. The African Patrons cup is an annual polo tournament which features Low, Medium and High goal teams from …