NEWS

Opinion: By Adebayo Adedeji Claudia Berg, a development researcher at the World Bank, in her 2015 article, reiterates importance the Bank attaches to road construction. It is believed that without good roads, other aspects of development will suffer. Roads are the arteries through which the economy pulses; they facilitate and …

Fragmentation in the Nigerian payment space has served more as a constraint than an enabler; Squad by GTCO positions to lead with innovation and efficiency. Without a doubt, digital payment is the next growth frontier for financial services. Amongst other extenuating factors, growing digitalisation, mobile penetration, and evolving consumer behaviour …

By AbuSatar Hamed Lagos, Nigeria – June 6, 2022 – Fidelity Bank Plc, one of the Nigeria’s foremost financial institutions, has added yet another accolade to its burgeoning collection of awards. This time, the Bank has been recognized as the ‘Best SME Bank in Nigeria’ by the Global Finance Banking …

BY ABUSATAR HAMED …Assists Victim Of One-Car Road Accident On Way To Abuja Airport OWO TOWN – Vice President Yemi Osinbajo, SAN, has said that perpetrators of the gruesome murder of parishioners at the St. Francis Catholic Church, Owo in Owo Local Government Area of Ondo State, on Sunday, June …

AKURE – The All Progressives Congress (APC) Presidential Aspirant, Asiwaju Bola Ahmed Tinubu has paid a condolence visit to Ondo State over the attack on worshippers at St Francis Catholic Church, Owa-luwa Street, Owo Town in Ondo State. It would be recalled that some unknown gunmen stormed the church during …

BY ABUSATAR HAMED LAGOS – Shareholders of NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited (DIL) have commended the food seasoning company over its impressive performance in the year ended December 31, 2021, in spite of the harsh economic operating environment just as the company emerged the “Best …

AKURE – Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, SAN, has expressed his sadness and condemned the attack and killing of innocent people of Owo, worshiping at the St Francis Catholic Church, Owa-luwa Street, Owo Town in Ondo State, on Sunday, May 5, 2022. According to a release e-signed and made …

LAGOS – When it comes to internet penetration and adoption of mobile payments, most African countries are still very much below the global average. Even where the internet penetration is improving, the mobile payments adoption rate is still low, meaning an overall lag. For instance, in Kenya where mobile payment …

With a significant cut in its impairment charges (which translates into a clean loan book) in its 1Q, 2022 results, after it successfully brought down its non-performing loan to 6.1 per cent in 2021 full year performance, analysts say the repeat of the impressive performance of FirstBank in the first …

As financial market analysts continue to digest the 2021 financial results of the FirstBank Limited, which they say reflect the return of the banking conglomerate to its leadership position, Festus Akanbi writes that the regime of strong fundamentals which the robust performance represents is in tandem with the ongoing restructuring …