Customer demand improved again in the Nigerian private sector at the end of 2022, supporting further rapid increases in both new orders and business activity. In turn, firms took on additional staff, albeit only slightly. Meanwhile, currency weakness continued to exacerbate cost pressures, subsequently feeding through to the second-fastest...
First female Managing Director of Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe, has made the list of 110 ‘Outstanding Women in Africa’ for the year 2022.
The ‘Outstanding Women in Africa’ report is developed by the New Africa Magazine, a strong believer in the culture of recognition for both men and...
Ecobank Group said it recorded transactions valued at $59.1 billion across its digital channels in the first 9 months of 2022. The company disclosed this in its audited financial report for the 9-month ended September 2022. According to the company, this represents a 44% increase compared with the...
Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings, has announced the NGN19.997 billion Series III offer (the “Series III Issuance”) under its Stanbic IBTC Infrastructure Fund (the “Fund”) NGN100 billion Programme. The offer opened on Friday, 25 November 2022 and is scheduled to close on Wednesday, 21...
Bolaji Israel.
In Nigeria, the first day of December ushers in the advent of the festive season which runs through the month progressively till early January when businesses and official duties resume fully again. December, in the world’s most populous black nation, is characterised, with fascinating scenery, by shops, streets,...
P+ Measurement Services, Nigeria’s leading Independent Public Relations measurement and evaluation agency, has through its quality services to clients in diverse sectors attained numerous feats comprising the 'Best in the use of Research and Measurement' award at this year's Lagos State PR Industry Gala and Award (LaPRIGA), the...
FirstBank has partnered with JA Africa on Company of the Year (COY) Competition, Africa’s largest high school entrepreneurship competition scheduled to take place in Lagos, Nigeria from 7th to 9th December under the theme, “Fueling Changemakers.”
The JA Africa Company of the Year (COY) Competition which returns for...
Faster rises in output and new orders
Inflationary pressures remain elevated
Business confidence at survey-record low
Business conditions continued to improve markedly in the Nigerian private sector during November amid improving demand and higher customer numbers. In turn, firms expanded their purchasing activity and employment. That said, business confidence dropped...
Sterling Bank Plc, Nigeria’s leading commercial bank, has partnered with Nigeria Jubilee Fellows Programme (NJFP) to sponsor 1,000 fellows during this year’s training programme.
Managing Director and Chief Executive Officer (MD/CEO) of Sterling Bank Plc, Mr. Abubakar Suleiman said, at the launch of the programme in Lagos, that the bank...
The memory of Professor Oyewusi Ibidapo-Obe, a former Vice Chancellor of the University of Lagos, came alive as Zenith Bank Plc named the iconic building housing its Unilag Branch and the University of Lagos (Unilag) Alumni in his honour on Friday, November 25, 2022.
In his opening remarks at...
