Business Hilights

Tracking Nigeria's Headline Business News Online

Banking/Investments

Why Ecobank Super Rewards ‘Millionaire Geng Promo’ is customer-friendly

Ecobank Nigeria, a leading subsidiary of the Ecobank Group, the leading pan-African banking group, has unveiled a deposit mobilisation campaign ‘Ecobank Super Rewards ‘Millionaire Geng Promo’ targeted at rewarding customers’ loyalty. The six-month campaign, which is set to run between…

Shehu Sani Flags Nigeria’s Debt to GDP as it Crosses 50%

Vociferous former Senator of the Federal Republic and social influencer, Mr. Shehu Sani has raised the red flag against the rising debt to GDP ratio in Nigeria which is currently crossing 50 percent. According to him in a terse comment…

Fidelity Bank Commits to Driving Digital Innovation in Africa

Leading financial institution, Fidelity Bank Plc, has reaffirmed its dedication to supporting the growth and development of Africa’s technology sector. At the recent Africa Technology Expo (ATE 2024) in Lagos, Dr. Nneka Onyeali-Ikpe, Managing Director/CEO of Fidelity Bank, re-echoed the…

How A Good Wife Built Tony Elumelu

By-Chukwudi Iwuchukwu In 1993, Tony Elumelu got married to his love of life, De Awele Elumelu. The Elumelu’s were not this big at that time. Tony was just a banker with All States Bank, and Awele was a young medical…

Alleged Blackmail of Zinox Chairman, Access Bank by Benjamin Joseph: The Story

By Adamu Sanni An undue reprieve came the way of Mr. Benjamin Joseph, an indigene of Enugu State and Managing Director of Ibadan-based Citadel Oracle Concepts Limited, on Thursday, 20TH June 2024, when the Attorney-General of the Federation (AGF) and…

Fidelity Bank’s Impressive Growth Selling Its N127.1bn Rights, Public Offers

Strong indications have emerged showing how Fidelity Bank Plc’s impressive growth and investor-friendly disposition over the years are driving jumping acquisition of its N127.1 billion combined rights and public offers. From the Nigerian Exchange (NGX) to stockbrokers, investors and customers;…

Africa needs to raise its competitiveness to become attractive—Fidelity Chairman

The Chairman of Fidelity Bank, Mr. Mustafa Chike-Obi has averred that Africa needs to be competitive and efficient in its area of strength. Speaking with CNBC Africa’s Kenneth Igbomor on the sidelines of the AFREXIMBANK Annual meetings in Nassau, the…

Anxiety as PayPal Loses 6m Active Users in a Year

Despite reporting better-than-expected first-quarter profit and sales, the fintech giant PayPal still counts much less users than it did a year ago.  According to data presented by Stocklytics.com, PayPal had 427 million active users in Q1 2024, or six million…

Fidelity Bank wins Champion Bank of the Year Award

Considering its devotion to driving economic growth, sterling financial performance and positive impact on the society, Fidelity Bank Plc has been presented the award of the Bank of the Year 2023 at the Champion Newspapers’ Awards. The awards ceremony, which…

Wix Payment Integration as Revenue Booster for Online Businesses

As online transactions increase year-on-year, the need for businesses to retain customers, reduce cart abandonment and grow their revenue becomes paramount. One solution for businesses looking to leverage payment to attract and retain customers is payment integration on Wix, a…