Business

Alibaba’s Singles Day sales were over $74 billion, the Chinese retail giant reported shortly after midnight.  Singles Day on November 11, or Double 11, is a Chinese shopping holiday started by online retailer Alibaba to celebrate single people, in opposition to Valentine’s Day, although the day mostly revolves around the ...

Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider has rewarded the winners of the rendition of the October 1st National Pledge in Pidgin English in celebration of Nigeria’s 60th Independence Anniversary. The four patriotic Nigerians, who emerged as the winners are Idowu Ilesanmi (Lagos); Christiana Chukwu (Lagos); Onovo Chukwuebuka ...

BUA Cement, on Tuesday, said it never received any blanket approval to export cement through the Nigerian land borders at a time the borders were closed. The company said it was only granted a limited approval to export some cement to Niger Republic, which is 100kms from its plant, and this ...

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, will host an SME webinar themed “Rebuilding your Business” by 10am on Tuesday, 10 November 2020 via Zoom meetings. The event is organised in collaboration with FBN Insurance Brokers and FBN Quest with its discussants including: Tunde ...

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the bank is prepared to partner with other organizations to explore the opportunities available in the African Continental Free Trade Area (AfCFTA).  Akinwuntan in his remark at an event in Lagos pointed out that the pan African bank was set up ...

Last week will go down as one of the most challenging weeks, if not the most challenging, Nigeria has faced in 2020. What started out weeks before as very well-organised peaceful protests by young Nigerians campaigning to #EndSARS, was supplanted by hoodlums engaging in wanton looting, arson and destruction of ...

The rabbit hole of uncertainty, confusion and fear that pupils and their parents fell into in the dying days of March when the country was in lockdown was best captured in a Saturday Sun feature of May 16, titled, “COVID-19: Troubles of e-Learning.” The story catalogues the challenges that erupted ...

Heritage Bank Plc, Nigeria’s Most Innovative Banking Service providers is set to commence the account opening with Bank Verification Numbers (BVN) for the earmarked 774,000 participants of the SPW Programme in their branches, throughout the 774 Local Government Areas. The participants are to be paid an allowance of N20, 000 ...

Number one on the United Nations’ (UN) Millennium Development Goals (MDGs) is to end extreme hunger and poverty. This is also the one thing Bernard Modestus of Richlife Africa Project is determined to end in Nigeria through its project “Save the Hungry”. According to the Italy trained chef there are ...

EFCC has finally got conviction and jail sentence against Keystone Bank over N855milion share fraud. More details emerged at the weekend on how BankPHB (Now Keystone Bank) in cohort with two of its top staff, Mr. Anayo Nwosu and Mr. Olajide Oshodi defrauded the Chairman of Dozzy Oil and Gas, ...