BUSINESS

LAGOS – First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has been ranked the second ‘most admired financial services brand’ in Africa – for the second straight year – at the 2021 Brand Africa 100: Africa’s Best Brands Event, held on Africa day, 25th May …

LAGOS – The management of First Bank of Nigeria Limited (FirstBank), the premier Bank in West Africa and leading financial inclusion services provider in Nigeria has said that its South East branches are fully open for business. According to a release e-signed by Folake Ani-Mumuney, Group Head, Marketing & Corporate …

LAGOS – In its bid to remain committed to putting smiles on its customers’ faces by enriching their lives through its ongoing savings loyalty programme, and also to mark this year’s Children’s Day, Fidelity Bank doled out N150, 000 to 62 Sweet Account (SWEETA) holders across the country, a whopping …

NASARAWA STATE – The management of Dangote Sugar Refinery Plc has declared its irrevocable commitment to the Backward Integration Policy (BIP) of the Federal Government to reverse the trend and make Nigeria self-sufficient in sugar production. According to a release e-signed by Anthony Chijiena, Head, Media Relations, Corporate Communication, Dangote …

Nigeria’s premier and leading financial services provider, First Bank of Nigeria Limited, has been awarded the 2021 ‘’Retail Banking CEO of the Year Nigeria’’, ‘’Most innovative Retail Banking App Nigeria’’ and ‘’Best CSR Bank Nigeria’’ awards by Global Banking and Finance magazine. According to a release e-signed by Folake Ani-Mumuney, …

By Adedoyin Giwa LAGOS – Thanks to technology and increasing penetration of the internet in Africa, e-commerce has become a major driver of the fashion and lifestyle market in Nigeria. Tunde Olaniyan, owner of Danami Fashion Store while speaking on the impact of the online marketplace on his business, stated …

By Adedoyin Giwa There are increasing signs that e-commerce is making inroads in rural communities in Nigeria with testimonials from residents who are active users of the services. From ordering of gadgets and electronics, to fashion and beauty products, rural dwellers are increasingly joining the online shopping culture. Miracle Francis, …

LAGOS – S&P Global Ratings said changes to the boards of First Bank of Nigeria Limited and FBN Holdings (FBNH) Plc, recently directed by Central Bank of Nigeria (CBN), addressed the banking group’s corporate governance challenges and ensures the Nigerian banking sector’s financial stability. According to a release e-signed by …

By Adedoyin Giwa LAGOS – Africa’s ecommerce market leader, Jumia has released its 2021 quarter one report, recording 11% year-on-year gross profit increase, as adjusted EBITDA loss decreased by 24% year-over-year. The report by the company also showed a sixth consecutive quarter of positive Gross Profit After Fulfillment Expense, which …

Opinion: By Adebola Sanni Financial inclusion and provision of sustainable energy is at a turning point in Africa’s largest economy, Nigeria. With a population of over 200 million, about 50 per cent of the total population live in rural areas, and only 39 per cent of those living in rural …