Business Hilights

Tracking Nigeria's Headline Business News Online

Banking/Investments

Lotus Bank flags off operations with 3 branches

Third Non-Interest Bank (NIB) in Nigeria, LOTUS Bank Limited has commenced operations in three new locations in Lagos State. Managing Director of LOTUS Bank, Mrs Kafilat Araoye, in a statement weekend explained that with the simultaneous opening of three new…

Access Bank records significant earnings growth via core income segment in H1-21

Access Bank records significant earnings growth via core income segment in H1-21 Access Bank Plc Thursday released its audited H1-21 interim financial report, which showed that the bank recorded significant earnings growth supported by the core income segment. Improvements in…

Top U.S. regulator is right, crypto needs regulation, says deVere CEO

The chair of the U.S. financial regulator is right about cryptocurrency trading platforms: they should be regulated, affirms the CEO of one of the world’s largest independent financial advisory asset management and fintech organisations. The comments from Nigel Green, chief…

NGX Highlights Opportunities in Green, Sukuk Bonds

Nigerian Exchange Limited (NGX) continues to drive the development and promotion of retail participation in the Nigerian capital market with its Retail Investor Workshop. On Tuesday, 31 August 2021, NGX hosted a webinar under the series in collaboration with APT…

NGX unveils Enhanced Version of X-Mobile for Improved Market Access

Nigerian Exchange Limited (NGX or The Exchange) is pleased to announce the release of an enhanced version of its mobile app, X-Mobile on Wednesday, 1 September 2021. X-Mobile – which was first launched in 2019 in its Beta state –…

Africa must strengthen democratic institutions to drive economic growth – Adesina

Africa must strengthen its democratic institutions if it is to experience sustained economic growth and effective national transformation, Dr Akinwumi Adesina, President of the African Development Bank (AfDB) has averred. He said many institutional and governance deficiencies had for long…

UBA promoted REDTV’s Web Series, Assistant Madams Season 2 Premieres

All the stars came out this weekend for the exclusive premiere of REDTV’s latest web series, Assistant Madams, Dark Hearts. REDTV, the online network supported by the United Bank for Africa continues to make impact in the creative industry on…

Zenith Bank’s H1-21 interim financial report shows marginal earnings growth

ZENITH Bank released its H1-21 interim financial report on Friday (27th August), which showed that the bank recorded earnings growth, albeit marginal. This performance was primarily driven by the growth in non-interest income and supported by moderate improvement in funded…

Advans Nigeria bags Most Outstanding Customer-Centric Microfinance Bank of the Year Award

In recognition of its customer-centric credentials in product development, service delivery and brand management, Advans La Fayette Microfinance Bank has emerged winner of the Marketing Edge MostBrands and Advertising Awards of Excellenceheld in Lagos on Friday, August 27, 2021. The…

NGX CEO Lauds Lafarge Plc for Commitment to Sustainability

The Chief Executive Officer, Nigerian Exchange Limited, Mr. Temi Popoola,  has commended Lafarge Africa Plc for demonstrating its commitment to adopting sustainable business practices. This was expressed at the Facts Behind the Sustainability Report presentation by Lafarge Africa Plc on…