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CBN set to backtrack on its costly new regulation for fintechs

It appears the outcry against the CBN’s plan to regulate financial technology (fintech) firms with costly capital adequacy ratios may have finally reached the right…

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How will 2019 look for you as an investor?

With the New Year in sight, it is normal for every investor including you to feel a bit of apprehension. You might begin to wonder…

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Why Tony Elumelu started his foundation

There is no doubt that the secret of a successful man lies in his story. Though Tony Elumelu has since been exploring his successful and…

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Nigeria’s microinsurance space gets new investors

The National Insurance Commission (NAICOM) has said there are about five new investors who have expressed interest in the country’s microinsurance space. This was announced by…

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It’s a new year and a new logo for Sterling Bank

It’s a new year and again Sterling Bank Plc has made a controversial move. The commercial bank has changed its logo from ‘aiming for moon’…

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Sterling Bank to increase branch networks, says no merger/acquisition for now

Sterling Bank’s Chief Executive Officer, Mr Abubakar Suleiman, has disclosed that there are plans in the works to significantly increase the total number of the bank’s…

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BUA, CBMI sign agreement to build New 3million Kalambaina Cement II Plant in Sokoto

Less than one week after the listing of shares from the almost $1 billion Merger between BUA Kalambaina Cement Company and Cement Company of Northern…

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Lufthansa Group appoints Adenike Macaulay as GGM

Adenike Macaulay has succeeded Robin Sohdi as Lufthansa Group General Manager (GM) Sales Nigeria & Equatorial Guinea. Being the first female and Nigerian to take…

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Vitafoam Nigeria Plc set to pay N260.51 million dividend

The Board and Management of Vitafoam Nigeria Plc have recommended the payout of a total dividend of N260.51 million, which represents 25 kobo per share…

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You can still register your business for N5,000

The Corporate Affairs Commission (CAC), has extended its cost reduction period of business registration till Saturday, March 31, 2019. CAC made this announcement via its Twitter…

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Continental Reinsurance debunks delisting rumours

The Managing Director (MD) of Continental Reinsurance Plc, Dr Olufemi Oyetunji has debunked the rumour that the company is planning to delist from the Nigerian Stock…

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9mobile set to roll out IoT service this year

Nigerian telco giant, 9mobile has revealed its plans to break fallow grounds in emerging areas like Internet of Things (IoT). 9Mobile, which controls 9 per cent…

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This report exposes the serious problems within Nigeria’s banking sector

Without sugar-coating the situation, a new Aljazeera report has exposed many problems plaguing the Nigerian banking sector; problems that could potentially become the sector’s undoing…

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How regulators’ actions have cost Nigeria foreign investment

Titi Ogungbesan, the Chief Executive, Stanbic IBTC Stockbrokers Limited, has revealed why foreign investments in Nigeria’s capital market is alarming. In a chit-chat with newsmen in…

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Legacy Pension Managers Limited is now FCMB Pensions Limited

As part of the strategy to harmonise its global brand and identity, FCMB Group Plc has announced a change of name in the pension management…

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Hungary increases minimum wage as Nigeria continues to delay

Hungary has joined the growing list of countries around the world who have recently taken steps to increase their minimum wage in order to make…

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Akwa Ibom floats its own Airline, Ibom Air

In order to ensure maximum utilisation of its modern airport, Akwa Ibom State has gone ahead to float its own airline company. Governor Udom Emmanuel of…

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Nigerian Stock Exchange removes 3 firms from CG index

The Nigerian Stock Exchange (NSE) has removed three firms from its corporate governance index. The bourse disclosed this in a notice posted on its website. The firms removed…

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New year message from Tony O. Elumelu: 5 Years of Spreading Luck; Everyone Needs a Little Help

In business, the role luck plays in success and personal achievement is rarely discussed. If luck is mentioned, it is done with slight condescension, and…

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Lucky Davido fans see him live thanks to #FirstBank

Two lucky fans of Davido, Tina Ediale and Timilehin Anibaba, got to see the singer Live in Concert on Thursday, December 27 thanks to First…

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