Category: Business

P+ Measurement Services launches Media Monitoring and Evaluation Support for MSMEs in Nigeria

Nigeria’s leading and foremost media intelligence agency, P+ Measurement Services partners Africa’s leading Opportunities and Resource Platform for Micro, Small and Medium Enterprises, MSME Africa to launch a tailored Media Monitoring and Evaluation Services for MSMEs in Nigeria. The service, which is the first of its kind in the Nigerian Media Monitoring and Evaluation Industry…

UBA, DEG Sign $50m Term Loan to Support Small Businesses in Nigeria

Pan African financial institution, United Bank for Africa (UBA) Plc, and Deutsche Investitions- und Entwicklungsgesellschaft mbH, the German Development Finance Institution, have entered into a partnership aimed at supporting small and medium scale businesses (SMEs) in Nigeria. To this end, both institutions have signed a USD 50m Term Facility Agreement. The facility with a tenor…

A look at Vbank, Nigeria’s digital banking app of 2020

When VFD Microfinance Bank entered Nigeria’s budding virtual banking space with its VBank app in March 2020, it joined the ranks of challenger banks giving mainstream banks a run for their money. It was launched when consumers were groaning under the burden of high account maintenance fees, hidden bank charges and other difficult regulatory demands.…

JCI Ikeja Sensitisises Entrepreneurs on Business Innovation, Creativity

Junior Chamber International (JCI), Ikeja has recently organised its annual forum which was focused on reaching out and sensitising Micro Small Medium Enterprises (MSMEs) on how to scale up innovation and creativity in the various sectors of the economy. It revealed that in order for entrepreneurs to be successful at sustaining and developing their businesses…

Heirs Holdings Enters Insurance Market – Promises Insurance Revolution

Heirs Holdings (HH) announced the Group’s transformative insurance industry play, with the launch of Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA), on Tuesday, June 1, 2021, at the companies’ Victoria Island headquarters in Lagos.  Heirs Holdings will bring a dynamic, digitally driven offering to the general and life insurance sectors, providing clients with…

Stanbic IBTC Holdings Shareholders Excited By Dividend Payments, Bonus Shares Allotment

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, on Thursday, 27 May 2021 held its 9th Annual General Meeting (AGM) to adopt the company’s audited financial statements for the 2020 financial year amongst other resolutions. The AGM held by proxy in line with the NCDC COVID-19 guidelines. The highlight of the AGM was…

Gbenga Omolokun to Speak At Lagos Techfair

This Saturday, at the Covenant Place, Iganmu, Lagos, VFD Group’s Executive Director, Gbenga Omolokun, will join other tech innovators to share founding success stories to inspire hundreds of a younger generation. Themed ‘The Innovator’s Journey,’ thought leaders in Edutech, Fintech, Healthtech, Logistics and e-commerce will engage in panel sessions to unpack ideas generation, scaling and…

Shareholders Hail Dangote over Cement’s N272.6bn Dividend

Shareholders of Dangote Cement Plc on Wednesday commended the Management of the company for an impressive performance despite the economic challenges in the year under review. Unanimously, the shareholders approved N272.6 billion as dividend, translating to N16 per share for the year ended December 31, 2020. The 16 per cent increase in the company’s revenue…

UBA Appoints Caroline Anyanwu As New Board Member

United Bank for Africa (UBA), the leading pan-African financial services institution, today announced the appointment of Mrs. Caroline Anyanwu to its Board of Directors, effective May 19, 2021. Caroline Anyanwu holds a First-Class degree in Statistics from the University of Ilorin in Nigeria and has worked extensively in the fields of accounting, taxation, credit risk…

WASU Lauds Dangote on Employment Generation

West African Student’s Union (WASU) has commended the aggressive employment generation drive of the Aliko Dangote led companies, urging other wealthy West African leaders to invest in industries that will rid the region of high unemployment rate. President of WASU, Comrade Romans Pillah in a press briefing, held in Abuja on Thursday, described Aliko Dangote…