UBA bags Double Honours at BAFI Awards
… Becomes Best Bank of the Year, International Bank of the Year Pan-African financial institution, United Bank for Africa (UBA) Plc, carted two highly coveted laurels at the BusinessDay’s Bank and other Financial Institutions Awards (BAFI) winning the Bank of…
Boston Consulting Group lists Glo, others as driver of African integration, growth
A global management consulting firm, Boston Consulting Group (BCG), has named Nigeria telecommunication giant, Globacom, as one of the African companies pioneering economic integration across the continent. In a report entitled, ‘Pioneering One Africa: African Corporations Trail-blazing across the Continent’,…
Neconde files arbitration case against Shell over continued withholding of remittances
Key indigenous play in Nigeria’s oil and gas industry, Neconde, has instituted an arbitration case against Royal Dutch Shell as it continues to lift crude and failed to remit funds after a lease on an oil field had been sold….
GTBank, LASG team up to drive e-tax payment scheme in Lagos
The Lagos State Governor, Mr. Akinwunmi Ambode has flagged off the electronic tax payment campaign of the state which will allow residents and citizens of Lagos State to pay their taxes directly to the coffers of the State Government. The…
Naira depreciation suffocating major banks, ICT, oil sectors—Report
The recently released 2017 Nigerian Banking Sector Report; “Nigeria Reopens for Business”, which will be launched by Central Bank of Nigeria (CBN) Governor Godwin Emefiele at the London Stock Exchange (LSE) on Friday has revealed that ongoing naira depreciation has…
Liquidity gap tears Tier-one banks, others on profit rebounds
One of the major negative facts emerging from the sustained impacts of recession and the attendant economic downturn cannot be far from the widening gas of liquidity and market dominance by tier-one banks over mid-sized lenders, Business Hilights can authoritatively…
Our Food /Drink Fair aimed at empowering SMEs, says GTBank
Guaranty Trust Bank has raised the bar in the support of the growth of Small and Medium Enterprises operators in Nigeria with the continuation of the second edition of its food and drinks fair in Lagos today. The event which…
