BUSINESS

LAGOS – Two years down the line, past winners of the Dangote Cement consumer promo have commended the management for the positive economic impact of the promo on their lives. Just as the company is set to roll out the season three of its promo, some of the winners who …

…Scoops Best Corporate Governance Bank Award At World Finance 2022 Awards LAGOS – Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2022, retaining the award for a second consecutive year. The bank was also named as the Best Corporate Governance Bank, …

OWERRI – An Industrial Court in Owerri, capital of Imo State, has ordered that Zenith Bank Branches in Owerri be sealed until the judgment debt of NI, 970,666,584.68k (One Billion, Nine Hundred and Seventy Million, Six Hundred and Sixty-Six Thousand, Five Hundred and Eighty-Four Naira, Sixty-Eight Kobo) liable by the …

LAGOS – The Banking subsidiary of MTN Nigeria Communications Plc – Momo Payment Service Bank Limited (MPSBL), is currently enmeshed in an alleged N23 billion fraud scandal, one month after the launch of the platform.            It was scooped that the mobile money banking firm has urged the Federal High …

BY PHILLIPS ILERIOLUWA Contrary to the erroneous belief in some quarters that doing business in rural areas is immune from the common challenges that businesses generally face, reality is that micro business owners in underserved areas also have peculiar challenges they go through. Some of these challenges include difficulty in …

Fitch Ratings has upgraded Fidelity Bank Plc’s long-term issuer default rating (IDR) from ‘B-’ to ‘B’, reflecting the bank’s increased creditworthiness. The rating agency also upgraded Fidelity’s National Long-Term Rating to ‘A(nga)’ from ‘BBB+(nga)’. According to the global rating agency, the upgrade is a result of the Bank’s improving business …

Opinion By Adedayo Oluwafemi The term hustle means different things to different people. For some, hustle represents the push to want to make things happen. It could also mean any venture, enterprise or business with the purpose of creating an economic activity and or facilitating a trade. Believe it or …

In furtherance of the need to empower female business owners across the country, The ELOY Foundation, in partnership with FirstBank presents the ELOY Foundation Business Shower, created to support female entrepreneurs on their journey to building sustainable businesses. According to a release e-signed by Folake Ani-Mumuney, Group Head, Marketing & …

LAGOS – African Export Import Bank (Afreximbank) has announced the disbursement of a US$150 million finance facility to First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider. According to a release e-signed by Folake Ani-Mumuney, Group Head, Marketing & Corporate Communications and made available to StarTrend …

By Oluchi Eze Unlike the years where micro business owners in underserved areas face deprivation in accessing fast moving commodities and goods to sell to consumers due to factors such as: unavailable infrastructure, long distance to the market and lack of adequate transport for purchased goods. These days, the story …