Business

Director-General of the World Trade Organisation (WTO), Dr. (Mrs.) Ngozi Okonjo-Iweala, has raised the alarm that the on-going Russia war in Ukraine would cause hunger, more poverty, unaffordable food prices in Nigeria, Ghana, South Africa…

The First City Monument Bank (FCMB) is in the news again albeit for the wrong reason. A former staff of the bank, one Adebayo Ayokunle has been reportedly arrested and charged before a Lagos Magistrate’s Court for allegedly withdrawing…

A new report by the Nigerian Economic Summit Group and the Open Society Initiative for West Africa has disclosed that Nigeria and 10 other Economic Community of West African States (ECOWAS) countries are currently in debt distress based on…

Despite the not-too-clement business ecosystem  of the past year and early part of this year, Linkage Assurance Plc , one of the foremost Underwriting firms, has turned in an impressive 16%  year-on-year (YoY) growth in Gross Written…

Nigeria’s leading bank, FirstBank Nigeria Plc, Friday, disclosed paying N56 billion to FirstMonie agents as commission over four years. This was made known by the Chief Executive Officer, FirstBank Group, Dr. Adesola Adeduntan, in a…

Every user of the popular messaging platform, WhatsApp has been warned to watch out for malicious scam messages. According to The Sun of the UK, scammers are now fronting as WhatApp Support to deceive users into giving them their private…

Zenith Bank Plc shareholders will receive N2.80 kobo for each share of the bank held. This brings the total dividend payment for the 2021 financial year to N3.10 per share with a total value of N97.33 billion. Shareholders of the bank…

Emeka Okoroanyanwu As Nigeria heads into a feisty general election early next year, reports reaching The Nigerian Xpress indicate a scary economic situation for the country.  Investigations by this newspaper reveal that the country’s…

About 70 to 90 online lending applications are currently being operated by various firms in Nigeria. This was disclosed by the Executive Vice Chairman of the Federal Competition & Consumer Protection Commission (FCCPC), Babatunde…

Former President Olusegun Obasanjo, on Wednesday, berated the economic situation of the country especially for small businessmen and women in Nigeria. The former president described the situation as ‘frustrating’. The former President…