UBA concludes plans for two-day global entrepreneurial fair in Abuja
Leading Pan African financial institution, United Bank for Africa (UBA) Plc has concluded arrangements to host Africa’s biggest entrepreneurial fair tagged #theUBAmarketplace2019 in Abuja between July 26 and 27, in Abuja. A statement made available to Business Hilights in Lagos,…
Ecobank harps on businesses outliving owners, transition to generations
Pan African financial group, Ecobank Nigeria has trained its customers on techniques and management strategies that will assist in making sure that sustainable wealth is passed down from one generation to another. Carried out by its advisory arm, Ecobank said…
Delays in forming cabinet threaten FG’s $1bn World Bank loan request on power
More casualties in the Nigerian power sector have continued to emerge from the delayed appointment of ministers by President Muhammadu Buhari, since his second term inauguration on May 29, 2019. First was the inability of the National Council on Privatization…
CBN, NCC still have much to do for agent banking in underserved areas—Owolabi
There seems to a lot of things yet to be considered both by the Central Bank of Nigeria (CBN) and the telecoms regulator, Nigerian Communications Commission (NCC) as far as driving financial inclusion in underserved areas of the country. This…
Just in: Lekki estates’ union, LERSA, seeks AMCON justice on Victory Park, others
Lead union of highbrow residential estates’ within Lekki axis of Lagos State, under the aegis of Lekki Estates Residents and Stakeholders Association (LERSA), the umbrella body of Residents Associations of over 77 gated Estates from 1004 Estate area down to…
Taxpayers’ may stop compliance over none release of funds for capital projects, others
For the first time in Nigeria’s budgetary regime and national planning, current administration of President Muhammadu Buhari’s second term can be said to be the first time the economy has been with a signed national budget, but no release of…
Why Ecobank didn’t renew contract of its third-party recruitment agencies
Fresh details have emerged on why Ecobank Nigeria decided not to renew the contract of its third-party recruitment agencies which expired recently. In a statement issued as reports of sack and un-ceremonial disengagement some staff went viral, the bank said…
UNN beats Unilag, 2 others to produce first 5-seater electric car in Nigeria
Barely six months after the Director General, National Automotive Design and Development Council (NADDC), Mr. Jelani Aliyu, challenged five Nigerian ranking institutions to make proposals on how to produce electric cars in the country, University of Nigeria Nsukka (UNN) has…
Too much money from agro export in the 70s, oil boom killed tax regime—Fowler
…Gives reasons why VAT may be hiked sooner in Nigeria The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, has given deeper insights on why tax payment compliance in Nigeria is sounding strange to many Nigerians. Besides, he…
Merger, acquisition fevers engulf banking sector following CBN’s hint
Though the current largest bank in the continent by virtue of branch networks, Access Bank, has hurriedly denied any form of talks either with the management or shareholders of Union Bank relating to either merger or acquisition, industry analysts say…
