Saturday, February 4, 2023
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Bizness News

Fidelity Bank assures customers of cash payment

The management of Fidelity Bank Plc has assured customers of cash payment across all its branches nationwide. Head of Corporate Communication of the bank, Dr. Meksley Nwagboh said this in a statement issued by the bank today. He said, "Our customers...

Stanbic IBTC Bank Nigeria PMI: Employment growth quickens amid efforts to deal with workloads

The Nigerian private sector registered a slight loss of growth momentum in January. Output and new business continued to rise markedly, but at softer rates than at the end of 2022. On a more positive note, firms raised...

IFC Partners Nigeria’s Union Bank to Support Trade, SMEs

To boost access to finance for smaller businesses in Nigeria and to support increased trade, IFC today announced a partnership with Union Bank of Nigeria Plc to help the bank expand lending to hundreds of businesses operating in critical...

Dangote, Sinoma Sign Agreement On new 6Mta Cement Plant In Itori, Ogun State

Dangote Industries Limited (DIL) has signed an agreement with China Sinoma International Engineering to build a six million tons per annum cement plant in Itori, Ogun State. The agreement was signed by the Chairman of Dangote Cement Plc, Aliko...

Fidelity grows profit to N52 billion for FY 2022

Fidelity Bank Plc has announced an impressive growth in Profit Before Tax to N52 bn for the Full Year 2022. This was made known in the Bank’s unaudited statement of account presented to the Nigerian Exchange (NGX) on...

Debts upon debts! Supreme Court rules against Honeywell Flour, as firm struggles with N67.02bn loans

Ten months after Flour Mills of Nigeria (FMN) acquired a majority stake in Honeywell Flour, the former is on the verge of losing some assets owned by the latter to Ecobank. Ripples Nigeria had reported that Flour Mills acquired a...

Stocks to watch: Flour Mills risk losing Honeywell’s assets, Unilever’s battle to save revenue

Flour Mills of Nigeria (FMN), Unilever, and Nigerian Breweries are some of the stocks to watch this week after the equity market resumes trading. Ripples Nigeria stocks watchlist is a selection of stocks monitored for viable trading or investing opportunities....

Over 50 Million Naira Up for Grabs in the Upcoming Union Bank Save & Win Palli Promo Finale and UnionKorrect Draws

Following a six-month successful run, the second edition of Union Bank’s Save & Win Palli Promo is finally coming to an exciting conclusion. The grand finale event, which is set to hold on January 27th, 2023, at the bank’s Head...

Stanbic IBTC Bank Tops Retail, Corporate Banking in Nigeria – KPMG 2022 Report

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC has been named the leading bank in the retail and corporate banking in Nigeria according to the KPMG 2022 Nigeria Banking Industry Customer Experience (CX) Survey. Stanbic IBTC Bank...

GISTHOUSE UNVEILS DON JAZZY AS AFRICAN ICON FOR JANUARY 2023

GistHouse, the first Afrocentric audiovisual conversation platform, has announced Micheal Collins Ajereh, also known as Don Jazzy as its “BLACK AFRICAN ICON-OF-THE MONTH”. The maverick beat maker emerged GistHouse's Black Icon for the month of  January 2023, following a selection...
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Latest News

Outrage as lawmakers, traders, beggars, others scramble for new Naira notes

There were drama, hues and cries as the old Naira notes faced extinction. It was particularly a crazy week...
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