Category: Business
Maritime union declares strike over sacking of 500 Intels, AMS workers
The Maritime Workers Union of Nigeria has declared an indefinite strike over the sacking of 500 workers by Integrated Logistics Services Nigeria Ltd. [...]
Tony Elumelu Foundation, EU initiate €20m partnership to empower African women entrepreneurs
The Tony Elumelu Foundation, Africa’s leading philanthropy committed to empowering young African entrepreneurs, has announced a partnership with the E [...]
Federal Government slashes data price by 50 percent
The Federal government has slashed the price of data by more than 50 per cent, with plans by the Nigerian Communications Commission, NCC, to put [...]
FG to reduce petrol price by N5 from Monday
The Federal Government has agreed to slash the pump price of Premium Motor Spirit (PMS), known as petrol, by N5 from Monday next week.
Sen. Chris N [...]
Shareholders approve GTBank’s planned HoldCo structure
The shareholders of GTBank Plc has approved the holding company structure for the bank, as they expressed excitement over the benefits they would [...]
Arik Air renders 300 workers jobless, blames Covid-19
The management of Arik Air has relieved 300 members of staff of their appointments.
This was announced in a statement by the airline on Fri [...]
UBA wins bank of the year at The Bankers Awards
In obvious recognition of its brand acceptance and its role in facilitating economic development across Africa, six subsidiaries of pan African fi [...]
UBA gets double honours at BAFI, wins best bank, 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 Financi [...]
Access Bank unveils plan to buy Atlas Mara assets
Access Bank, Nigeria’s biggest bank by customer base, is in talks to acquire some assets belonging to Atlas Mara Limited, a financial services group, [...]
Fidelity Bank MD Nnamdi Okonkwo bags CEO of the decade award
The Managing Director/Chief Executive Officer of Fidelity Bank Plc., Mr. Nnamdi Okonkwo has added another award to his cabinet as he carts awa [...]