BUSINESS

…Receives Delegation Of Russian Govt, Business Representatives ABUJA – Vice President Yemi Osinbajo, SAN, has stated that with mutual diplomatic relations between both countries dating back to the 60s, the formal inauguration of a Nigeria-Russia Chamber of Commerce and Industry will greatly consolidate efforts made to deepen the long-lasting relationship …

NEW-YORK, USA – Conveiner of the 2nd edition of US-Nigeria Investment Summit, Mr. Franklin Ekechukwu has described the event as a veritable channel to woo more foreign investment to Nigeria. Ekechukwu who was the Chairman planning committee of the summit, disclosed this at the summit themed: “Nigeria: the Future of …

By Ayomide Oriade LAGOS, Nigeria; September 21, 2021 – Nigeria’s leading e-commerce platform, Jumia has launched the 2021 edition of the “Brands Festival” campaign targeted at promoting authentic products at the best price directly from the manufacturers on the Jumia platform. The campaign, which started on Monday, September 20th and …

LAGOS – In furtherance of the need to expand diaspora remittance inflow into the country, First Bank of Nigeria Limited has increased its network of International Money Transfer Operators (IMTOs), targeted at easing the accessibility of its customers to receive money from close to 100 countries across the world in …

LAGOS – Landlotto, a lottery platform in Nigeria, has just announced Tobi Bakre as their new brand ambassador. Tobi Bakre is a popular actor, influencer and reality TV star, mostly known for being a finalist on Big Brother Nigeria Season 3. This newly announced partnership with LandLotto consolidates the company’s …

By Ayomide Oriade Low internet penetration, bad road network and infrastructure deficit were among the hindrances identified to forestall e-commerce success in its early days in Nigeria. This was largely due to the fact that the majority of the country’s population lived in rural areas. This was – and still …

LAGOS – The Group Managing Director/CEO of Access Bank PLC, Herbert Wigwe has been honoured as the ‘Banker of the Year’ at the 2020 Leadership Conference and Awards, held in Abuja, on Thursday, September 9, 2021 The award, according to the organisers of the event was in acknowledgment of his …

LAGOS – The digital lending revenue of Access Bank has increased from N1 billion in the first half of 2019 to N5 billion in the first half of 2021, indicative of a growing appetite and increased adoption of digital lending. According to the Bank, the transaction value grew from N17 …

LAGOS – In furtherance of its commitment to spearhead value-driven mobile and digital banking in Nigeria, First Bank of Nigeria Limited has announced the launch of the LIT Application, created to revolutionise the culture and experience of mobile banking in Nigeria. According to a release e-signed by Folake Ani-Mumuney, Group …

LAGOS – Guaranty Trust Holding Company Plc (GTCO), has released its audited financial results for the period ended June 30, 2021, to the Nigerian and London Stock Exchanges. A review of the results shows a decent performance across key financial metrics against the challenging business environment. This performance reaffirms GTBank’s …