BUSINESS

LAGOS – United Bank for Africa (UBA) Plc has described as “untrue, misleading, malicious, libelous” reports in a section of the media that Mr Tony Elumelu, Chairman, UBA Plc, was allegedly involved in a N41 billion fraud, with respect to the defunct Nigeria Telecommunication Company (NITEL). According to the reports, …

LAGOS: In its bid to encourage and enhance easy distribution of cement to consumers nationwide, the Management of Dangote Cement Plc has presented 82 brand new trucks to its distributors According to a statement from the company, the gesture was to further help distributors service their customers efficiently and profitably. …

By AbuSatar Hamed ABUJA – Over the past week, there has been an unnecessary controversy about the Azura-Edo Independent Power Project (IPP) especially the concerns about who signed the transaction documents and who did not sign, thus ignoring the consequences of backing out of the agreements by the Federal Government. …

Opinion By Ayomide Oriade The outbreak of COVID-19 and preventive measures enforced by authorities across global borders has further extolled the importance of technology-based connection and communication between people, businesses, organizations and processes; a convergence that makes up a digital economy. At the last World Economic Forum, global economic leaders …

ABEOKUTA – Ogun State Governor, Prince Dapo Abiodun has restated his administration’s commitment to creating enabling environment for Public Private Partnership (PPP) to thrive, as well as make the State remains preferred destination for genuine local and foreign investors. Governor Abiodun said this at the 36th Annual General Meeting and …

Opinion By Ayomide Oriade COVID-19 global health crisis unleashed a far-reaching socio-economic impact that forced thousands of firms to fold up and put several thousand at the risk of being forced out of business. Most affected are Micro, Small and Medium-sized Enterprises (MSMEs) who are the major economic drivers. Global …

ABUJA – Vice President Yemi Osinbajo, SAN has said that as part of efforts to support small businesses in Nigeria to survive the effects of the Covid-19 pandemic, the Federal Government as planned in the Economic Sustainability Plan is now set to implement a number of schemes to keep MSMEs …

LAGOS – The youngest Real Estate Billionaire, Sijibomi Ogundele (SUJIMOTO) has recently unveiled his $400 Million first class Glass Reinforced Concrete Building (GRC) project at the Lucrezia Project Site, located inside Banana Island, Ikoyi, Lagos State. According to a report, the project is at its final stage of completion and …

By AbuSatar Hamed LAGOS – Previous winners of star prizes in the Bag of Goodies National Consumer Promo Season 1 hosted by Dangote Cement Plc in 2019 have expressed huge excitement over the approaching Season 2 version, which is billed to take off nationwide in this month of July. According …

Opinion By Emmanuel Nwachukwu The e-commerce revolution which sparked off in 1994 with a meagre $12.48 worth of transactions, has grown to a whopping $27 trillion market in 2020, according to eMarketer’s rating. Although the revolution started in the United States, it quickly extended to many countries in Europe and …