Category: Business

Emirates Elevates Small and Medium-Sized Enterprises as the Engines of Growth

To mark the United Nation’s Micro, Small and Medium-sized Enterprises (MSME) Day, and the vital role these enterprises play in post-pandemic recovery, Emirates is empowering MSMEs to seek growth opportunities with an attractive incentive for new members who enrol into the Emirates Business Rewards programme. With SMEs accounting for over 70% of total employment, Emirates…

Stanbic IBTC Urges Women to Engage in Wealth Building Investments

As part of efforts to continually advance women entrepreneurs in Nigeria, Stanbic IBTC Holdings PLC, a member of Standard Bank Group has called on women to engage in wealth building investments for the collective progress of their finances and businesses. This was disclosed at the Women in Management, Business and Public Service (WIMBIZ) June 2022…

Active Mobile Lines in Nigeria Cross 200 Million Mark

The Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, has told the global digital community that Nigeria has been witnessing phenomenal growth in its Information and Communication Technology (ICT) industry, thus enabling socio-economic development in Nigeria and across the African continent. Pantami stated this at a tea break hosted by Nigeria on…

Squad by GTCO: Reshaping the Nigerian Payment Space

Fragmentation in the Nigerian payment space has served more as a constraint than an enabler; Squad by GTCO positions to lead with innovation and efficiency. Without a doubt, digital payment is the next growth frontier for financial services. Amongst other extenuating factors, growing digitalisation, mobile penetration, and evolving consumer behaviour have accelerated the shift towards…

Stanbic IBTC Infrastructure Fund Series II Set To Close June 10

Following the success of the first tranche of Stanbic IBTC N100 billion Infrastructure Fund, the Series II which was released in early May, continues to generate interest among investors. With the N15 billion Series II offer scheduled to close on Friday, 10 June 2022, Stanbic IBTC Asset Management Limited, the Fund Manager and subsidiary of…

Shareholders Thumb Up NASCON’s Good Performance, Despite Pandemic

Shareholders of NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited (DIL) have commended the food seasoning company over its impressive performance in the year ended December 31, 2021, in spite of the harsh economic operating environment just as the company emerged the best haulage company of the year. Speaking during the NASCON’s Annual…

GTCO Launches Squad, The Next Generation Payment Solution for African Merchants

When it comes to internet penetration and adoption of mobile payments, most African countries are still very much below the global average. Even where the internet penetration is improving, the mobile payments adoption rate is still low, meaning an overall lag. For instance, in Kenya where mobile payment adoption is most on the continent, only…

GTCO Plc’s GTBank Maintains its Dominance in Financial Services at the Brand Africa 100

Guaranty Trust Bank Ltd (GTBank), the banking subsidiary of Guaranty Trust Holding Company Plc (GTCO Plc or the Group), emerged winner in four major categories at the 12th annual Brand Africa 100: Africa’s Best Brands 2022 rankings of the Top 100 Most Admired Brands in Africa. The award is an initiative by Brand Africa aimed…