The business community in Kano on Tuesday promised to ensure the downward review of the prices of essential commodities, as well as pledged to crash and stabilise prices for Kano residents now and beyond the month of Ramadan. The traders made the promise when the Chairman of the Kano State Public Complaints and Anti-corruption Commission,…
First Bank of Nigeria has launched the second season of its Cash Out promo meant to reward users of FirstMobile, its mobile banking solution. The FirstBank Cash Out Promo 2.0 scheduled to run till March15 2024, is open to new and existing customers, according to a statement from the bank. Group Executive, e-Business & Retails…
Operators of small and medium enterprises (SMEs) in the country have been advised to leverage on eCommerce to boost sales and grow their business. Chief Commercial Officer, Jumia Nigeria, Ijeoma Arum, stated this in her presentation titled: Growing your business, presented at the maiden edition of Ecobank Nigeria’s MySME Growth Series. The MySME Growth Series…
The retail price of cement has risen from N5,000 in December, 2023 to between N6,500 and N7,000 per bag as at February 9, 2024, depending on the location in the country.Investigations revealed that operators under the Cement Manufacturers Association of Nigeria (CMAN) have raised prices of brands by over N1,000 per bag. This has increased…
First City Monument Bank has launched an accelerator programme to upskill and grow over one million small and medium-sized enterprises in Nigeria. A statement from the bank on Tuesday said that the programme would be done in partnership with e-learning platform SkillPaddy and other industry experts. Accelerator programmes provide intensive guidance, support and structure for…
The Central Bank of Nigeria has created a department to deal with crude oil sales transactions by the Nigerian National Petroleum Company Limited, the Group Chief Executive Officer, NNPCL, Mele Kyari, announced on Thursday. Kyari also revealed that the Board of Directors of NNPCL had approved the decision to move significant portions of the company’s…
In the realm where the confluence of innovation, deep technical expertise, and leadership is a rarity, James Arukhe emerges as a quintessential figure, leaving an indelible mark on the global oil and gas industry. His journey from academia to the zenith of the global oil and gas industry is a testament to the boundless possibilities…
The Chief Operating Officer of Ibom Air, George Uriesi, said addressing the capital-intensive nature of aircraft financing would require support from commercial banks. Uriesi’s remarks came during the celebration of the successful closure of commercial financing for Ibom Air’s inaugural A220 aircraft, delivered in November 2023. It was a tripartise deal that involved Zenith Bank,…
FirstBank, Nigeria’s premier financial institution and financial inclusion services provider, was announced as the Best Corporate Bank at the recent prestigious Euromoney Awards for Excellence, Nigeria 2023. The Bank clinched the coveted award based on its 130-year commitment to enabling its corporate customers achieve success through relevant and tailored financial solutions. FirstBank’s continuous investment in…
