Business

We are going through interesting times in the country today. Nigeria is a country blessed with a lot of potentials but it seems to struggle. The suboptimal developmental realities have put many Nigerians under a little more-than-normal pressure economically. The high unemployment rate, high-interest rate, poor access to favourable credit, …

Sasore The Economic and Financial Crimes Commission, EFCC, on Friday arraigned Olasupo Shasore, former Attorney-General and Commissioner for Justice, Lagos State, on 14-count charge bordering on money laundering to the tune of N159,700,000.00 and $60,000. Sasore was arraigned alongside his company, Middlesex Investment Ltd, before Justice I.E. Ekwo of the …

A report by PriceWaterCoopers has said that women account for 41 per cent ownership of micro-businesses in Nigeria, with 23 million female entrepreneurs operating in the segment. The United Nations Informal Sector Development and the Bank of Industry statistics stated that women constitute a higher number of Nigeria’s informal workforce …

Edmark Direct Marketing Limited, a top multi-level marketing company in Nigeria is currently enmeshed in internal crisis that may lead to the shutting down of the company if urgent steps are not taken to salvage the situation. This is because, the battle between shareholders of the company has taken on a new …

The workers, in a view, to ensure their entitlements are duly paid took NAHCO Plc, the Pension Transition Arrangement Directorate (PTAD) and the Bureau of Public Enterprises (BPE) to court, praying for an order to ensure the payment of their benefits. Former workers of the Nigerian Aviation Handling Company (NAHCO) …

  Africa’s global bank, United Bank for Africa (UBA) Plc has reiterated the importance it places on supporting the growth of Small and Medium Scale Businesses as the bank will once again be the headline sponsor of the 2022 edition of the Lagos International Trade Fair(LITF). UBA has since 2019 …

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings has reaffirmed its commitment to the growth of Nigeria’s health sector by partnering with WellaHealth, a micro-healthcare solution company, to provide quality and affordable healthcare to Nigerians. WellaHealth, a smart health solution company, provides affordable and accessible high-quality coverage for healthcare. …

  Ademola Adeleke, Davido, others bag Afro Awards Governor-Elect, Sen. Ademola Jackson-Adeleke, David Adedeji Adeleke, popularly known by his stage name Davido and Chief Tajudeen Amoo-Adeleke, Legendary African Drummer are among Africans and Americans to be honoured at the Afro Award in Los Angeles, California. Mr Taiwo Oduala, Founder and …

A major crisis is rocking the Nigerian Bar Association of Nigeria as aggrieved members have begun moves to register another umbrella body. It was reported that disgruntled members of the Nigerian Bar Association (NBA) have decided to form the Law Society of Nigeria (LSN) as a new umbrella organization for …

Chief Executive Officer (CEO) of Sterling Bank Plc, Mr. Abubakar Suleiman has said the bank is ready and willing to invest more in Nigeria’s agricultural sector, having invested more than N100 billion; a figure that represents about 15 percent of the bank’s total loans portfolio. The CEO stated this in …