Business

Quickteller Paypoint, a service under Interswitch Financial Inclusion Services (IFIS), has continued to live up to its commitment to empower Nigerians. Recently, the brand visited several locations in Lagos – Agege, Alimosho, Ikorodu and Ajah to recruit more Quickteller Paypoint Agents in a market activation drive targeted at cities across …

Lagos has been ranked the second most stressful city in the world for the year 2021 in a study conducted by Vaay, a German firm. The result of the study was based on an index of 100 major global cities comprising over 15 factors, each ranked on a scale from …

The Nigerian Economic Summit Group (NESG) has urged the Federal Government to strengthen its collaboration with relevant stakeholders to engender inclusive sustainable economic growth in the country. The NESG in a report on Sunday in its first quarter, 2021 Economic report noted that there was need to improve inclusive growth, …

The Central Bank of Nigeria (CBN) has extended the deadline for the Naira 4 Dollar scheme introduced in March to boost diaspora remittances. The apex bank said in a statement that the scheme, which was scheduled to end on May 8, would continue indefinitely. “All aspects of the operationalization of …

A Business Metric is a quantifiable measure that is used to track and assess the status of a specific business process. It’s important to note that business metrics should be employed to address key audiences surrounding a business, such as investors, customers, and different types of employees, such as executives and middle …

The country’s total export earnings fell by 14.9 per cent to $13.39bn in April due to decline in crude oil prices. The Central Bank of Nigeria disclosed this in its monthly economic report for the month of April, which was obtained on Friday. Part of the report read, “Because of …

The Central Bank of Nigeria (CBN) has been warned by the World Bank to seize supporting undercapitalized banks in the country. The support, according to a new report by the international financial institution, could deteriorate the assets of Nigerian commercial banks. According to the report, the CBN had supported four …

The Minister of State for Budget and National Planning, Prince Clem Agba, has defended the recent increase in Value Added Tax (VAT) from 5 per cent to 7.5 per cent by the federal government, saying despite the increase, Nigeria still has the lowest tax rate in the world. Agba wondered …

The National Financial Inclusion Strategy being driven by the Central Bank of Nigeria will give more attention to women and the northern part of the country in the drive to achieve 20 per cent financial exclusion target by 2020. The Governor, Central Bank of Nigeria, Godwin Emefiele, disclosed this in …

A renowned consulting firm, Imorian By Nene is set to host its annual Lagos Fashion Hangout. The event is schedule to hold on the 20th of July 2019 in Victoria Island, Lagos. According to the founder and organizer, Frances Obonna, “Lagos Fashion Hangout is an annual workshop for members of …