BUSINESS

By Adedoyin Giwa LAGOS – Small and Medium Enterprises are the key economic drivers in Nigeria. However, access to funds has been one of the issues affecting growth of this essential sector of the Nigerian Economy. While government and relevant agencies have set up credit facilities to mitigate the finance …

LAGOS – The Africa FinTech Foundry (AFF), an initiative of Access Bank Plc has commenced its accelerator programmes. The initiative is set to empower emerging startups, with mentorship programmes, advisory and has committed N10 million in cash to the top three finalists. The accelerator programme which opened its entries last …

BY ADEDOYIN GIWA Global fast-moving consumer goods manufacturer, Unilever has entered a strategic partnership with Jumia Nigeria to make its latest toothpaste variant, Closeup Triple Fresh Formula, accessible and available to consumers across Nigeria at the best market prices.  Speaking on the partnership, the Field Sales Manager Unilever Nigeria, Ibidare …

By AbuSatar Hamed LAGOS ,- Fidelity Bank Plc has successfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at a 8.5 percent coupon rate due in 2031. The bond issuance which was fully subscribed given that total investor interest and commitments in the bonds were N56.6 billion, …

By Ayomide Oriade Jumia seller and owner of Deeski.com, Jumoke Akinsanaya has lauded the ecommerce lending platform for helping expand her business. Akinsanya who sells groceries and home essentials on Jumia said the platform has helped her company achieve a lot in the last five years. According to her, Jumia …

By Ayomide Oriade LAGOS – Customers who love the theatric reverberation can bring such quality experience to their homes at the best bargain and ease, as Edifier, a global electronics and gadget manufacturer has enlisted their hi-tech design products on leading e-tailer platform – Jumia. With the partnership, up to …

ABUJA – The Central Bank of Nigeria (CBN) has clarified its position on crypto-currencies after a regulatory warning to local banking institutions sent shockwaves through social media. In it’s statement, the CBN said its recent letter to Banks was only a reminder that crypto-currencies were not legal tender in Nigeria, …

LAGOS – FBN Holdings PLC (“FBNHoldings), Nigeria’s leading financial holdings company, has announced the appointments of Mr. Seni Adetu and Mrs. Juliet Anammah as Independent Non-Executive directors, while Mr. Otu Hughes has been appointed as a Non-Executive director. According to a release e-signed by Folake Ani-Mumuney, Group Head, Marketing & …

Opinion By Ayomide Oriade The second wave of the covid-19 led by the more deadly variants of the virus is a serious cause of concern for authorities across the globe. Though vaccines have been devised for curing covid-19 infections, prevention is still recommended as the best antidote to the virus. …

Opinion By Ayomide Oriade With the rising cases of transmission, high records of deaths, extremely stretched health care systems, the second wave of covid-19 looks like playing 2020 over again across global borders. Possibly more than what obtained in the first wave, some western countries have been made to enforce …