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ZENITH BANK RETAINS POSITIONAS NUMBER ONE BANK BY TIER-1 CAPITAL IN THE 2023 TOP 1000WORLD BANKS RANKING

Written by 04 July, 2023
Zenith Bank Plc has retained its ranking as the Number One Bank in Nigeria by Tier-1Capital in the 2023 Top 1000 World Banks’ Rankings, published by The Banker Magazine.

President of Transcorp Group, Wins All Africa Businesswoman of the Year Award

Written by 25 June, 2023
Dr. Owen Omogiafo, President of Transcorp Group, has been honoured with the prestigious All Africa Businesswoman of the Year award. The award was proudly presented by African financial services company Absa Group Limited at the renowned All Africa Business Leaders Awards (AABLA), in partnership with CNBC Africa.

EBID Signs $30m Credit Line with Access Bank

Written by 22 June, 2023
The ECOWAS Bank for Investment and Development (EBID) has signed a credit line of $30 million with Access Bank Ghana, to boost the agricultural business and related sectors, including processing, infrastructure, transport, and women-owned businesses in the West African country.

$19bn petrochemicals plant earn Aliko Dangote, award from Afreximbank

Written by 22 June, 2023
President of Dangote Group, Aliko Dangote was on Monday night recognized and given the “Founder of the Year 2023” award by the African Export-Import Bank (Afreximbank) at an award ceremony held by the bank in in Accra, Ghana.

BUA Foods to maintain rice prices across Nigeria, restates commitment to supporting Local Rice Farmers for Food Security

Written by 21 June, 2023
In a remarkable display of commitment to the Nigerian agricultural sector and the economy, BUA Foods has informed distributors of its rice products that it would maintain prices of its BUA Rice to support efforts at making rice more affordable in Nigeria.

The “Doing Business” Podcast by FairMoney: Unleashing Nigerian Entrepreneurship

Written by 14 June, 2023
Running a small or medium-scale business in Nigeria presents a multitude of challenges for entrepreneurs. From limited working capital and intense competition from larger corporations to difficulties in sourcing raw materials, low capacity utilization, and a lack of effective management strategies, the obstacles seem endless.

Investors harvest 140% return from Dangote Cement by Godfrey Obioma

Written by 12 June, 2023
Investors who took positions in Dangote Cement’s stock in 2020 and exited June 31, 2023 harvested 140.26 per cent returns through capital appreciation and 11.11 per cent in H1- 23. This excludes dividend payment which has remained consistently impressive.

FG suspends CBN governor, Godwin Emefiele

Written by 09 June, 2023
President Bola Tinubu has suspended the Central Bank Governor, Godwin Emefiele, from office with immediate effect.