With four branches already booming and servicing its teeming customers, novel Superstore, Old English Supermarket has opened another outlet. This is to further realise its aim of becoming the superstore of choice of millions of upwardly mobile Nigerians. Old English Supermarket founded a couple of years ago, is a rare combination of visionary enterprise, diligent…
Category: Business
How to Sell With SquadPOS
As the world moves toward more mobile POS and contactless payment options, we saw the need to create an affordable and reliable payment solution that all kinds of businesses can take advantage of — whether micro, small or large. Therefore, SquadPOS was created — to make receiving payments quicker, easier, and more reliable, so that…
Sell Faster and Easier with Squad!
Welcome to a new world of business banking! A world where you can start receiving payments even if you are not a registered business. A world where you can have more than one business account controlled from one place. We are pleased to introduce to you Squad, a payment solution powered by GTCO that enables…
Stanbic IBTC Enlightens Customers on Online Security
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, held its Cyber security webinar recently themed “How Secure Are You Online?” The virtual session tackled prevailing issues around cyber security as well as answered pertinent questions on the safety of financial transactions online. It also emphasised the importance of cyber security while carrying out…
Stanbic IBTC Bank Nigeria PMI dips to 17-month low in June
The Nigerian private sector remained in growth territory at the end of the second quarter, although recent challenges around cash shortages led to weaker new order growth and a renewed decline in output. As a result, business conditions improved at the weakest rate for almost a-year-and-a-half. Companies responded by raising their staffing levels, purchases and…
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…
UBA Redeems USD500 million 5-year Eurobond
The United Bank for Africa (UBA) on Wednesday redeemed its debut $500 million 5-year Eurobond notes with the maturity date of June 8, 2022. Issued in 2017, the five-year bond was offered at a coupon rate of 7.75%, and raised to support the Bank’s business in key sectors of the economy. As part of UBA’s…