Business

The Stanbic IBTC Purchasing Managers Index dropped to a seven-month low on the back of subdued demand and price pressures. The monthly PMI, which was released on Monday, indicated …

Financial experts have said that the latest directive from the Central Bank of Nigeria asking banks to deposit their excess foreign exchange with it is aimed at boosting the …

Nigeria’s premier payment technology company, Unified Payment Services Limited, has welcomed the second cohort to its talent incubation programme, the Unified Payments Academy. The academy, designed to address the …

Wema Bank, the pioneer of Africa’s first fully digital bank, ALAT, has charged stakeholders to prioritise digital empowerment for MSMEs as a measure for championing a sustainable MSME ecosystem …

Members of the Association of Resident Doctors, Obafemi Awolowo University Teaching Hospitals, Ile-Ife, Osun State, on Monday, staged a peaceful protest on the premises of the hospital, over issues …

VFD Group Plc has announced its share capital has increased to N633m. That was disclosed by the firm’s Company Secretary, Gbeminiyi Shoda, at a recent annual general meeting in …

Stanbic IBTC Bank, Citibank Nigeria and Rand Merchant Bank led the pack in the facilitation of US$1.09bn capital importation into Nigeria in the fourth quarter of 2023. According to …

Triple Gee has reported a profit after tax of N7m for the financial year ended March 2024, indicating a decline of 94.30 per cent from N122.90m in the previous …

As the banking sector recapitalisation intensifies, some bank chiefs are starting to bet on their companies by increasing their stakes, The PUNCH reports. According to an analysis of the …

The Federal Government has said the controversial Nigeria Air project remains suspended as the Minister of Aviation and Aerospace Development, Festus Keyamo, awaits President Bola Tinubu’s decision on the …