Stanbic IBTC Bank says the Nigerian private sector’s growth quickened in April, according to its Purchasing Managers Index for the month. At 55.8 in April, up from 54.1 in March, it stated that the headline PMI signalled a sharp improvement in business conditions in Nigeria’s private sector. According to the report, readings above 50.0 signalled…
Yoghurt brand, SuperYogo, says it has embarked on a campaign to reward Muslim faithful for a peaceful and successful month-long Ramadan fasting period in fulfilment of the fourth pillar of Islam. According to a statement by the company, to herald the season, SuperYogo launched a Ramadan Campaign tagged ‘Goodness for the Season.’ The statement added…
Manufacturers of automotive parts have canvassed more investment into the industry in Nigeria insisting that the setting up of production and assembly plans will accelerate the growth of the country’s huge market.They said birthing more automotive parts in Nigeria will not only expand the industry but position Nigeria as a big player in the continent’s…
Mr. Bankole Bernard, the Chairman of Finchglow Travels, a subsidiary of Finchglow Holdings and other aviation industry captains have confirmed their participation at the forthcoming 26th annual conference of the League of Airport and Aviation Correspondents (LAAC), scheduled to hold in Lagos on July 28, 2021. Bernard who is also the Chairman, Association of Aviation…
The Chairman of Air Peace, Barrister Allen Onyema, has commissioned an imposing guest house at the University of Ibadan as an alumnus of the institution, under the auspices of the University of Ibadan Alumni Association, UIAA. The commissioning took place at a special ceremony organised by the UIAA at the University, on Saturday, May 14,…
The Federal Inland Revenue Service (FIRS) has listed Nigeria’s top-performing taxpayers in the year 2021, and commended them for their exceptional efforts in contributing towards providing the necessary funds for the government to meet its social contract with the Nigerian citizens, despite the harsh economic conditions imposed by the COVID-19 pandemic. The FIRS, in a…
Dangote Sugar, BUA, Golden Sugar Company and KIA Group refine 3.5 million metric tons of sugar in Nigeria annually, which is two times Nigeria’s consumption capacity of 1.7 million metric tons. They have also acquired roughly 150,000 hectares of land out of the required 250,000 hectares to grow cane and produce raw sugar locally. These…
Nigeria – 11 May, 2022 – First City Monument Bank (FCMB), a member of FCMB Group Plc, has partnered with the Mastercard Foundation to provide subsidized loans to 100,000 Micro, Small, and Medium Enterprises (MSMEs), to scale their operations to create work opportunities for young Nigerian women and men. The program, which is part of…
Access Holdings Plc; trading as Access Corporation (“the Corporation”) announced today its start of operations, with initial portfolio companies and its future strategy. The Corporation, which builds on Access Bank’s scale and ethical standards, will have portfolio companies with significant complementarities, allowing the ecosystem to walk with customers across their life cycle while delivering value…
