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…
A group of small and micro business owners across the country has said they are confident that Jumia will continue helping their businesses achieve significant growth. The sellers expressed this sentiment at the quarterly vendor board meeting with key leaders of the e-commerce company which held recently in Lagos. The meeting was organised to brainstorm…
In an effort to consolidate on its impressive financial performances and market leadership across the financial services spectrum, Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has announced a number of Board appointments in some of its subsidiaries. The appointments, which are expected to bring fresh thinking and ideas as well as energy…
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.…
Leading Pan-African Bank, United Bank for Africa (UBA) Plc in partnership with leading global payments and technology company, Mastercard, will be giving away an all-expenses paid trip- ticket to 12 lucky customers of the bank and their plus ones to watch the Finals of the 2019 UEFA Champions League. Open to all existing and new…
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…
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…
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…
At a recent function in Abuja, the Managing Director/CEO of the Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, delivered a lecture where he revealed that there has been a consistent decline, over the past three years, in the recorded rate of successful fraud incidences, thefts and forgeries in the banking industry. Specifically, Ibrahim said…
Last week, Wema Bank Plc held its Annual General Meeting (AGM) in Lagos, which was attended by shareholders of the company. Here are few pictures from the event.