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Saturday, May 27, 2017

Business

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First Bank of Nigeria Limited, Nigeria’s most valuable banking brand will be showcasing its digital offerings at the 2017 Social Media Week 2017 in line with its digital transformation strategy. The Bank as always will be partnering with the...
Nigeria’s largest online mall, Konga.com’s commitment to constantly adding value to the lives of customers is staying true to its mantra of quality, trust and integrity as it launches a lifestyle and services platform on its site to give...
Heritage Bank Plc has continued to take the lead in empowering youths to become entrepreneurs, which is amongst others is geared to creating jobs and distributing wealth across the Nigerian economy. Recently, Heritage bank made a “measured” entry into financing...
Pan African banking and financial services group, United Bank for Africa (UBA) Plc has added yet another award to its growing list of laurels as it emerged Most Innovative Bank of the Year at the Independent Newspapers Awards The award...
Major Highlights of 2017 Budget Capital Expenditure = N2.078 trillion Recurrent Expenditure = N2.9 trillion Exchange Rate = N305 to US$1 Oil Benchmark = ‎$42.5 per barrel‎ (p.b) Oil Production Level‎ = 2.2 million per day The Nigerian Government has proposed a budget of N7,281,361,611,853...
First Bank of Nigeria limited, Nigeria’s most valuable bank brand has extended its digital multi-channel customer support platform by launching a dedicated twitter account - @FBN_help to identify, respond to and resolve all customer enquiries, issues, questions and queries...
The naira is now expected to regain some prominence soon against dollar on the parallel market after international money transfer agencies started selling dollars to Bureau De Change operators in line with the Central Bank of Nigeria directive. “We have...
As of today 29th February, this is the official rate of the dollar at the parallel Market.
Popular businessman and billionaire, Mr Jimoh Ibrahim got a rude shock on Monday while delivering a public lecture when unpaid workers from his company stormed the venue in protest. Ibrahim, the group managing director of the Energy Group, was delivering...
On Sunday, December 27, 2015, the Eko Convention Centre, Eko Hotels & Suites, Victoria Island, Lagos witnessed Olamide Live In Concert 2, Nigeria's biggest music event of the year. Featuring some truly stunning live performances and imagery from the likes...
The Minister of State for Petroleum, Dr. Ibe Kachikwu, says the Nigerian government has suspended the subsidy on petroleum products as at today, December 27, as a result of the current low price of crude in the international market. Dr....
ABUJA—The Central Bank of Nigeria, CBN, is now to allocate foreign exchange to end-users, with priority given to matured Letters of Credit, importation of petroleum products, raw materials and machinery. This is in a bid to effectively manage the...
The Central Bank of Nigeria (CBN), in its latest circular which sets out the new guidelines for the operations of Bureaux de Change (BDCs) operators, has said that hawking of foreign exchange on the streets, common in Lagos,...
The National Agency for Food and Drug Administration and Control (NAFDAC) has fined Guinness Nigeria Plc, N1bn for violating laid down rules. Punch Newspapers reports that NAFDAC accused Guinness of allegedly revalidating expired products without authorisation and supervision, and exposing...
MTN Group President and Chief Executive Officer, Sifiso Dabengwa, resigned on Monday morning over the N1.04tn fine imposed on MTN Nigeria by the country’s regulatory body – the Nigerian Communications Commission. Phuthuma Nhleko takes over as Executive Chairman in a...
According to fresh reports emerging, one of Britain's largest carriers, Virgin Atlantic, has laid off all its Nigerian Cabin Crew members. E-mails from several affected former staff, revealed that Richard Branson's Virgin Atlantic Airways has laid off all their Nigerian...
  Lagos,  Nigeria,  Monday,  October  12,  2015.  Daroc  Distribution  Nigeria  Limited,  a  branddistribution and sales company and a member of Rocco Global FZC with the headquarters in theUK has  introduced the DENIM range of  fragrance (Body Spray,  Aftershave and Shower...
Are you planning an event? Do you need exceptional and exquisite planning and execution? Do you want to have amazing services with very affordable prices and discounts? Then look no further, Honnyfield Events, a subsidiary of Imagez Conceptz can make it happen for...
Lagos, Nigeria, September 28, 2015: Against the background of the fears being expressed in the banking sector over the Treasury Single Account (TSA) , the Chairman of the Board of Directors of  Heritage Bank Limited, Mr. Akinsola Akinfemiwa, OON...
The Nigerian Deposit Insurance Corporation on Monday said it had put in place an effective risk-based supervision framework to enable it protect depositors against unethical practices and other infractions in the banking sector. It also said that an effective distress...
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