Business

Shafa Gas, a subsidiary of AYM Shafa Holdings Limited has launched a Ramadan Promo of 15% off gas prices in some of its stations across the country. The promo is for the month of Ramadan and runs till the end of April 2023. This is a way of celebrating the...

The Ecobank Group grew its profit before tax by 13 per cent to $540m in the 2022 financial year. This was disclosed in its audited results for the year ending December 31, 2022, which was released last week. According to the bank, the PBT growth was supported by the benefits...

The Group Chairman of United Bank for Africa (UBA) and Heirs Holdings, the leading Pan-African investor, Tony O. Elumelu, CFR, will be traveling to Zambia at the invitation of United States Vice President, Kamala Harris. Mr. Elumelu will join other global leaders at the inaugural meeting of the Steering Committee...

  First Bank of Nigeria Limited, Nigeria’s premier financial services institution, has announced a phased corporate name change of its subsidiaries in the United Kingdom and Sub-Saharan Africa. FBNBank UK, FBNBank Sierra Leone, FBNBank Gambia and FBNBank DRC are the first set of subsidiaries effecting the name alignment. They are...

Lagos, Nigeria - Union Bank of Nigeria has signed a commercial partnership agreement with Choice International Group (CIG) Motors Limited, a member of CIG Group of Companies, to provide auto financing services to the Bank’s customers on purchase of GAC range of cars, through its asset finance loan scheme. The...

Zenith Bank Plc has announced its audited results for the year ending December 31, 2022, achieving an impressive double-digit growth of 24% in gross earnings from NGN765.6 billion reported in the previous year to NGN945.5 billion in 2022. This is despite the persistent challenging macroeconomic environment and headwinds. According to...

The Group Managing Director/Chief Executive Officer of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, was on Saturday, March 25, 2023, conferred with a Doctorate Degree in Business Administration by the University of Nigeria, Nsukka. The award, which is in recognition of his immense achievements as Group Managing Director/CEO of Zenith...

The Performing Musicians Employers’ Association of Nigeria (PMAN), Society for the Performing Arts in Nigeria (SPAN), and Silverbird have announced their strategic alliance for Stars & Legends, a new entertainment reality show in Nigeria. Stars & Legends is an initiative of Lukrush Records, Rebellion Obsession Fashion, and Baroque Works Studios....

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced the call for participation in the third season of its FirstBank Management Associate Programme (FMAP). Interested participants are required to submit their application via https://hdbc.fa.em2.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX. The application is extended to the...

Reliable sources in the CBN said banks have been instructed to collect the old Naira noted they deposited in CBN and that before the end of the week, the country would be awash with Naira notes