Category: Business

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Zenith bank boss, Jim Ovia loses $64m

Zenith bank boss, Jim Ovia loses $64m

Jim Ovia, founder and chairman of Zenith Bank has lost close to $64 million in paper net worth over the last six months as the stock price of his bank [...]
InterswitchSPAK 2.0 set to hold Masterclass August 19

InterswitchSPAK 2.0 set to hold Masterclass August 19

Interswitch Group, a leading Pan-African integrated digital payment and commerce company, is set to host the second edition of the InterswitchSPAK 2.0 [...]
Court remands ex-INEC chair, Iwu over ‘N1.2bn fraud’

Court remands ex-INEC chair, Iwu over ‘N1.2bn fraud’

A federal high court in Lagos, on Thursday, remanded Maurice Iwu, former chairman of the Independent National Electoral Commission (INEC), in custody [...]
A/Ibom govt. expands frontiers, launches new flour brand

A/Ibom govt. expands frontiers, launches new flour brand

As part of its efforts to industrialize the state, the Akwa Ibom state government on Thursday, introduced Kings Flour into the Nigerian market. The hi [...]
UBAmarketplace2019 locks down Abuja with SME exhibitions, movies, fashion as Wizkid is named UBA ambassador

UBAmarketplace2019 locks down Abuja with SME exhibitions, movies, fashion as Wizkid is named UBA ambassador

The over 20,000 guests who attended the UBAmarketplace2019 were left in awe and full of commendation for United Bank for Africa and REDTV as they were [...]
Lagos/Ibadan road closure: FG shifts date to Sept 2

Lagos/Ibadan road closure: FG shifts date to Sept 2

The Federal Government has moved the partial closure of portions of the Lagos-Ibadan Expressway to September 2, 2019. The partial closure was initiall [...]
UBA makes 20 more customers millionaires, doles out N30m in 3rd draw of UBA wise savers promo

UBA makes 20 more customers millionaires, doles out N30m in 3rd draw of UBA wise savers promo

Pan African financial institution, United Bank for Africa (UBA) Plc, has again rewarded another 20 customers who have emerged winners in the third qua [...]
Ubah, Ibrahim, Kashamu 17 others on AMCON’s debtors list

Ubah, Ibrahim, Kashamu 17 others on AMCON’s debtors list

Following the setting up of a task force by Vice President Yemi Osinbajo with a mandate to devise a strategy to recover the N5 trillion owed to the As [...]
Milk producers to get low interest loan from CBN after forex ban

Milk producers to get low interest loan from CBN after forex ban

The Central Bank of Nigeria (CBN) plans to extend a low-interest loan offer to local milk producers to discourage imports after it curbed access to fo [...]
FG insists on Lagos/Ibadan road closure for 4 months   

FG insists on Lagos/Ibadan road closure for 4 months   

Despite concerns raised by motorists and other road users, the Federal Government has said there is no going back on the four-month planned partial ro [...]
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