Business

UBA Rewards 100 Customers with N10m in ‘UBA Bumper Account’ Promo

UBA Rewards 100 Customers with N10m in ‘UBA Bumper Account’ Promo

Business February 5, 2020 at 4:10 am Comments are Disabled

United Bank for Africa (UBA) Plc on Tuesday, launched the ‘UBA Bumper Account’, a hybrid account, targeted at transforming the lives of its customers. The new account  is in line with the bank’s mission of creating superior value for its stakeholders while encouraging saving cultures among Nigerians. The account, carefully craftedRead More

Unilever Nigeria’s Profit-after-tax increases in Q2 over Q1

Unilever Nigeria’s Profit-after-tax increases in Q2 over Q1

Business July 29, 2019 at 9:50 am Comments are Disabled

Unilever Nigeria released its results yesterday for the quarter ended June 2019 with a N23.42 billion turnover in Q2. The Company recorded a considerable leap in Q2 to record a 24% increase in its profit after tax which stood at N1.9 billion. The company reported a growth of 18% inRead More

NDIC, FICAN X-ray Financial inclusion and consumer protection

NDIC, FICAN X-ray Financial inclusion and consumer protection

Business February 4, 2019 at 7:51 am Comments are Disabled

By Simon Ugwu In its determination to bring all strata of the income earners into the Financial market and ensuring that all money in circulation pass through the banking industry, the Nigeria Deposit Insurance Corporation (NDIC) recently organized the 2018 Workshop for Business Editors and Finance Correspondents Association of NigeriaRead More

Heritage Bank wins agric, SME awards

Heritage Bank wins agric, SME awards

Business, Technology November 7, 2018 at 1:14 pm Comments are Disabled

For its leadership position in delivering development and growth of the Agricultural sector and Small and Medium Enterprises (SMEs), Heritage Bank Plc, ­­­­­­­­Nigeria’s Most Innovative Banking Service provider, has been adjudged “Best SME Bank Nigeria 2018” by Capital Finance International (CFI.co) It also emerged as the “Agriculture Bank of theRead More

UBA gets digital bank award

UBA gets digital bank award

Business, Technology November 7, 2018 at 1:08 pm Comments are Disabled

United Bank for Africa Plc (UBA) has been recognised as the ‘Most Innovative Digital Bank’ of the year, under the digital category of the International Finance awards. Organised by the International Finance Magazine, the award, according to the bank places UBA high in the digital banking space. In selecting theRead More

Ponzi schemes drive investors away from capital market – Experts

Ponzi schemes drive investors away from capital market – Experts

Business November 7, 2018 at 11:49 am Comments are Disabled

Financial experts have described Ponzi schemes as a big threat to further investment in the nation’s capital market. According to them, the instant and enticing returns from Ponzi schemes are driving investors away from the capital market because people are looking to make quick money to  boost their purchasing powerRead More

One year after, NSE lifts suspension on four firms

One year after, NSE lifts suspension on four firms

Business November 7, 2018 at 11:43 am Comments are Disabled

The Nigerian Stock Exchange has lifted the suspension it placed on trading in the shares of Premier Paints Plc and three other firms more than a year ago. The firms, including Ekocorp Plc, Austin Laz & Company Plc and Academy Press Plc, were suspended for failure to adhere to bestRead More

BRT operator to assemble buses in Lagos next year

BRT operator to assemble buses in Lagos next year

Business November 7, 2018 at 11:21 am Comments are Disabled

The operator of Bus Rapid Transit system in Lagos, Primero Transport Services Limited, has said its bus assembly plant being built in the state will begin operation in the second quarter of next year. The Managing Director of the firm, Mr Fola Tinubu, disclosed this in Lagos on Tuesday. HeRead More