Category: Business

Unilever Launches ‘Everyday Essentials’ Store on Jumia

Fast moving consumer goods manufacturer, Unilever, has joined the ranks of multinationals leveraging the huge potential of e-commerce to create more visibility for their brands in Nigeria. Unilever has officially launched its store on Jumia, Nigeria’s number one online shopping destination, dubbed the ‘Everyday Essentials Store’. The online store houses some of the company’s fast-selling…

Buhari Seeks Ecobank’s Support on FG’s Intervention in Agriculture

President Muhammadu Buhari has sought the collaboration of Ecobank Transnational Incorporated to “institute a special fund to develop agriculture, which will cement its legacy as a bank that helped to transform this region’s economic fortunes. Buhari spoke when he had audience with the board of Ecobank Transnational Incorporated, led by the Group Chairman, Emmanuel Ikazoboh.…

Stanbic IBTC Launches Africa-China Agent Value Proposition

Stanbic IBTC Bank has launched an Africa-China Agent Proposition (ACAP) which aims to assist Nigerian importers source and validate quality goods, safely and efficiently, from the most competitive suppliers in China. The ACAP offering is expected to revolutionise African importers’ view of China’s supplier universe. It will also ease the cash flow of African importers…

GTBank Partners DBN to Develop SMEs

In line with its long-term commitment to growing small and medium enterprises, foremost African Financial Institution, Guaranty Trust Bank plc, is partnering with the Development Bank of Nigeria (DBN) to disburse N25billion funding to entrepreneurs in Nigeria’s Micro, Small and Medium Enterprises (MSMEs) sector. The funding is the single largest disbursement by the DBN to…

Development Bank Of Nigeria Chief Becomes CIBN Fellow

The Managing Director of the Development Bank of Nigeria, Mr Tony Okpanachi, has become a fellow of the Chartered Institute of Bankers of Nigeria. The event was held at the Federal Palace Hotel, Victoria Island, Lagos on Thursday, May 16, 2019. Okpanachi was given this honorary fellowship awards alongside other five distinguished bankers in recognition…