Category: Business
Arik restructures, cuts salaries, puts staff on leave without pay
As the airline industry across the world continues to take a beating following the suspension of most local and international flights, due to the coro [...]
Naira further crashes to N425/$1
As the price of crude oil continues to slump, the downward slide of the naira in the parallel market appears not to end anytime soon, and as such, pre [...]
UBA records impressive N32.7bn profit in Q1 2020
Pan African financial institution, United Bank for Africa Group (UBA) Plc has released its unaudited results for the first quarter ended March 31st, 2 [...]
Access Bank partners 9ijakids to help kids learn amidst COVID-19 lockdown
As an adult, if you think back at your childhood days, you'll probably be flooded with pleasant memories of some of the games you played, whether it w [...]
GTBank releases Q1 2020 unaudited results, reports profits before tax of N58bn
Guaranty Trust Bank Plc, has released its unaudited financial results for the period ended March 31, 2020 to the Nigerian and London Stock Exchanges. [...]
COVID-19: Cross River begins disbursement of N30,000 to youths
The Cross River State Government has begun the monthly disbursement of 30,000 stipends to beneficiaries of the Youth Employment and Social Support Ope [...]
UBA warns customers against scammers
United Bank for Africa, UBA Plc, has called on its customers to exercise utmost caution in their banking transactions and ensure that they do not fall [...]
Access Bank launches mobile app for seamless transactions
As part of its effort to ensure its customers have easy access to their funds and can carry out seamless transactions during this Covid-19 times, Nige [...]
€50m donation is for the poor – EU to Buhari
The Head, European Union Delegation to Nigeria and ECOWAS, Ambassador Ketil Karlsen, has said that the N21bn (€50m) donated to Nigeria by the EU is la [...]
Innoson strikes deal with Nigeria Airforce to make fighter jets
The grinding conflict between Nigerian and Boko Haram insurgents has exacted a devastating human and economic toll over the past six years. But for Ni [...]