Category: Business

Diamond Bank Partners FG On IT Innovation Campaign, Start-Ups’ Incubation

Diamond Bank has thrown its weight behind the Federal Government in a renewed drive to unlock the huge creative potential of technology Start-Ups in Nigeria and stimulate massive growth and development in the information technology sector. The project is part of the Bank’s commitment to drive and develop capacity in the IT segment of the…

BVN: Everything You Need to Know About BVN, How to Retrieve it and Link it to Your GTBank Account

To curb or reduce and illegal banking transaction in Nigerian banking system, Central Bank of Nigeria (CBN) in 2015 directed all account holders home and abroad to enrol for a bank verification number also known as BVN. BVN is an 11 digit identification number that gives every Nigerian with a bank account a unique identity…

Between A Mathematician And A Dancer

The on-going Cowbellpedia Mathematics Television Quiz Show has continued to generate big excitement as one of the contestants; Jessica Austine revealed last weekend that she draws her inspiration for Mathematics when she dances. Austine, 13, a student of Federal Government Girls College, Owerri, Imo State explained that she loves dancing which inspires her to solve…

Tony Elumelu Sees Africa on the Rise and Calls for Stronger Business Relationships between Africa and France

At the recent MEDEF Summer University Forum in Paris, the annual meeting of French business and political leaders, Tony Elumelu, Chairman, Heirs Holdings and UBA Plc and Founder of the Tony Elumelu Foundation, stressed the opportunities Africa offers and urged stronger business relationships between France and Africa; calling for a deepening of commercial relationships based…

UBA Sustains Strong Asset Quality And Profitability; Proposes N0.20 Interim Dividend

United Bank for Africa Plc, announced its Audited 2016 Half Year Financial Results for the period ended 30 June 2016 showing the bank recorded gross earnings of N166 billion, net operating income of N109 billion and profit before tax of N40 billion. The bank also recorded a significant growth in total assets, rising 20% to…

SMEs: Seek Angel Investors, Not Banks, For Funding–Expert Warns

Budding entrepreneurs who attended the first edition of the Nigerian Small Business Summit on the 24th August at the Landmark event centre were warned to stay away from bank loans at the start of their businesses. Kushal Dutta, Managing Director of Africa’s number one hotel booking portal Jumia Travel Nigeria, gave the warning during a…