Foreign investment worth millions of dollars are expected into the economy this week as the Bank of Industry (BoI), African Development Bank (AfDB), International Fund for Agricultural Development (IFAD) and Islamic Development Bank (ISB) mobilise investors to support the agricultural sector. BoI, AfDB, IFAD and ISB have okayed $800 million to reduce poverty, end hunger…
The world of mobile banking is an ever-expanding one driven by customer satisfaction. Sterling Bank, a tech-focused bank, is continually providing cutting-edge, innovative banking solutions that improve customers’ banking experience and set standards in the banking industry. It’s no surprise that the Bank introduced its mobile banking app, OneBank – a 100% digital bank with…
Titan Trust Bank Limited has announced the opening of its state-of-the-art branch located at 17, Burma Road, Apapa, Lagos for commercial operations. A statement by the lender said the development is in furtherance of its efforts to offer customers endearing experience. The lender further noted that the new branch provides a full suite of banking…
9mobile has restated its support for youth entrepreneurship and innovation, urging the youth to take advantage of the opportunities that technology offer to optimise their businesses and professional endeavours It stated this during a virtual session, entitled: “Driving youth innovation in business through technology”, organised by 9mobile to mark the International Youth Day. The Executive…
By Trust Africa News, Ayomide Otitoju John Paul Emechebe, Head On Premise at Red Bull in this article share his insight on Creating Blue Oceans, a strategic growth hack by Seven Up Bottling Company. Years back we witnessed what I termed the Cola war. When the new entrants into the Nigeria 🇳🇬 market (Big Cola,…
FirstBank of Nigeria Ltd on Sunday announced a N500,000 business grant to five Small and Medium Enterprises (SMEs), through its SMEConnect initiative aimed at boosting employment. Mrs Oludolapo Adigun, Group Head, Retail Banking, Lagos Mainland 1, FirstBank, listed the five beneficiary SMEs to include: Buyscrap Nigeria Enterprise; Arteasy Nigeria; Gris Business; Digital Solutions Network and…
The Central Bank of Nigeria (CBN) has called on the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) to support its five-year policy aimed at growing the economy. Mr Osita Nwanisobi, Ag. Director, Corporate Communications Department CBN, made the call at a one-day interactive and enlightenment session with the organised labour and civil…
The Nigerian Exchange (NGX) on Friday traded 280.57 million shares worth N3.18 billion in 4,012 deals. This represented an increase of 39.01 per cent compared with 201.84 million shares valued at N1.68 billion traded in 3,274 deals on Thursday. Honey well Flour was the most active stock, trading 57.49 million shares worth N185.76 million. GTCO…
The National Bureau of Statistics (NBS) at the weekend said average price of cooking gas rose by 3.52 in July 2021. This is contained in the document titled “Liquefied Petroleum Gas (Cooking Gas) Price Watch – July 2021.” The data said : “Average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas…
