The Nigerian aviation industry is bracing for a potential crisis as unions warn of attendant job losses if the embargo on four Arik Air aircraft is not lifted. The Nigerian …
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Fintech firms unveil plan to bridge financial gap in Jigawa
Fintava, a Nigerian fintech company, and Bizipay, an agent network in Kano, have unveiled an initiative aimed at expanding financial access to over 100,000 unbanked individuals in Jigawa State. …
Read More »Okomu declares over N20bn profit
Okomu Oil Palm Company Plc has reported a profit after tax of N20.20bn for the first half of the year, reflecting a 24.69 per cent increase from N16.20bn recorded …
Read More »Bank recapitalisation crucial for economic growth – SEC
The Director General of the Securities and Exchange Commission, Emomotimi Agama, has stated that the ongoing bank recapitalisation is an important step toward unlocking Nigeria’s potential to achieve a …
Read More »Arik grounding: Local airlines risk leasing challenges
Amid a rising call for more aircraft in Nigeria’s aviation industry, a court order has shut Arik Air, one of the local airlines over a debt. OLASUNKANMI AKINLOTAN examines …
Read More »Meristem launches initiative to boost youth entrepreneurship
Meristem Securities Limited has unveiled a programme aimed at empowering young Nigerians with the skills and knowledge to succeed in business and investment. The initiative, known as MORE by …
Read More »Crypto traders lose $900m as market tumbles
The cryptocurrency market has suffered a massive loss, with $900m wiped out in the last 24 hours, data from Coinglass on Monday showed. Long positions accounted for $764m of …
Read More »The Alternative Bank drives African growth with social impact capital
The Alternative Bank has reiterated its commitment to driving sustainable economic growth in Africa through its catalytic capital approach. A statement from the bank on Monday said that the …
Read More »CrediCorp boss hails firms’ interest in credit
The Chief Executive Officer of the Nigeria Consumer Credit Corporation, Uzoma Nwagba, has commended financial institutions for their interest in the scheme. In a statement made available to The …
Read More »NGX loses N93bn as global equity market tumbles
The Nigerian equity market shed N93bn on Monday, mirroring the broader global market decline. The All-Share Index and market capitalisation fell by 0.17 per cent to 97,582.41 points and …
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