BUSINESS

DUBAI-UAE – Group Managing Director, Kennedy Uzoka has said that United Bank of Africa (UBA) remains the foremost Bank in Nigeria as it officially established a branch in Dubai directly from Nigeria. Uzoka stated this, recently during a press briefing at the launch of UBA in Dubai. His words, “Having …

LAGOS – To further realise its aim and potential towards becoming the superstore of choice for millions of upwardly mobile Nigerians, the novel Superstore – Old English Supermarket has again opened another outlet in Surulere area of Lagos.         Old English Supermarket was founded a couple of …

By Phillips Ilerioluwa IBADAN – Leading business-to-business e-commerce platform, Alerzo, has restated its commitment to building a well-connected retail ecosystem in Nigeria, while assuring its partners of an evolving system aimed at promoting a win-win business relationship.         The founder and group chief executive officer of the company, Adewale Opaleye made …

LAGOS – First Bank of Nigeria Limited has announced its commemoration of the 2022 International Youth Day, globally celebrated on August 12, 2022 and themed: “Intergenerational Solidarity: Creating a World for All Ages.” According to a release e-signed by Folake Ani-Mumuney, Group Head, Marketing & Corporate Communications and made available …

LAGOS – Estate of the late Chief Sunny Odogwu has been ordered to pay Access Bank Plc N26 billion in compliance with a 2015 judgment. According to Justice Daniel Osiagor of the Federal High Court in Lagos on Friday, August 5, 2022, dismissed the preliminary objection filed by the estate …

There is hardly a neighbourhood in the country where a retailer is not found and a vacuum automatically gets created in the absence of a formal retail store on any street. The retail business is growing with the redefinition of how supply meets demand. Most recently, retailers need not worry …

By Phillips Ilerioluwa In its report highlighting the impact of women on Nigeria’s economic development, PwC Nigeria, Advisory partner and Chief Economist, Andrew Nevin, indicated that women account for 41 percent ownership of micro-businesses in Nigeria, with 23 million female entrepreneurs operating within this segment.  The strong entrepreneurial spirit of …

Remarkably, the Nigerian digital economy holds immense potential for the overall growth of the economy. As projected by the Minister of State Budget and National Planning, Prince Clem Ikanade Agba, the digital economy would raise the country’s Gross Domestic Product (GDP) to 15 percent by 2025. While there are so …

…Says Pioneer Factory Will Boost Administration’s ICT Innovation SAGAMU – The Ogun State governor, Dapo Abiodun on Thursday, July 14, 2022 inaugurated  the first fibre optic cable manufacturing factory in West Africa and the fifth in Africa, declaring the factory would be a further boost to his administration’s innovation and …

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 …