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Prestige Assurance sees 57% jump in profit to N246 million amid crises year

Zainab Iwayemi   The year 2020, for many businesses, was tough as it saw organizations going on compulsory lockdown as…

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Investors lost N116bn on Wednesday as sell pressures in MTN, Access Bank, Stanbic dragged the NSE-ASI

Charles Abuede   The local bourse continued in its staggering movement on Wednesday due to selling pressures in MTN Nigeria (-2.9%), Access Bank (-3.6%),…

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Infra-Cross, Cross River’s miniature of Nigeria Infra-Co, moves to fast-track state’s infrastructure, bolster local content

…But development experts worry state’s ‘signature projects’ unrealized as time ticks away     Ben Eguzozie, in Port Harcourt  …

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BudgIT advocates media, CSO collaboration in fight against corruption

Zainab Iwayemi   BudgIT, a civil organization that utilizes technology in facilitating social change whilst also engaging citizens with institutional…

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BUA Cement Plc posts strong numbers as revenue surged 19.3% y/y to N209.4bn in 2020 despite challenging business environment

Proposes dividend of N2:067k to shareholders   Charles Abuede   BUA Cement Plc, a leading cement manufacturer and a subsidiary…

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Banks to begin accepting new cheque books by April 1st

Arakunle Kayode   All Deposit Money Banks will from Thursday April 1st begin accepting only new cheque books across the…

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Autochek launches first African online truck loans marketplace to drive logistics mobility

…As start-up seeks to provide one-stop-shop structured services Mike Ochonma Business Editor Autochek, the automotive technology-driven company that aims to…

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Fidelity Bank Plc receives a $20m partnership from TLG Capital for the development of SMEs in Nigeria

Charles Abuede   Following its investment exits from Nigeria’s microloans service provider and Rwanda’s BAJ fuel stations in the year…

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European Central Bank could launch its digital currency within 4 years, says Christine Lagarde

Charles Abuede   The President of the European Central Bank (ECB), Christine Lagarde, has said her institution could launch a digital…

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Cititrust reveals plans to list by introduction on the NSE end of Q2 2020 as it aims at growing balance sheet by 50%

Charles Abuede     Cititrust Holdings Plc, one of the leading investment holding company in Africa, has revealed that it…

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