In celebration of International Women’s Day (IWD) 2024, 9mobile, Nigeria’s customer-centric telecommunications company, partnered ALX Nigeria to empower women entrepreneurs through the “Pitch Your Business” competition, a platform exclusively dedicated to showcasing the entrepreneurial talents of Nigerians. The IWD edition of the “Pitch Your Business” event attracted over 300 women …
Read More »Innovation Remains the Key to Driving Growth, Asserts Interswitch
In a concerted effort to foster financial inclusion and bolster the digital payment landscape in Nigeria, fintech companies have been called upon to heighten their engagement in innovative endeavours and craft advanced solutions tailored to meet the expectations of their clientele. Akeem Lawal, the Managing Director of Payment Processing and …
Read More »Lagos Tech Ecosystem Worth $8.4 Billion, House Over 400 Startups – Report
Startup Genome has said Lagos State technology ecosystem worth about $8.4bn as of the end of 2022. It stated this in the figures released in its report titled, ‘The global startup ecosystem report 2023’. The policy advisory and research organisation noted that this was below the global average of $34.6bn. …
Read More »FG Begins Talks With Airlines Over $600 Million Trapped Funds
…New Terminal to Process 14 Million Passengers Per Annum The Minister of Information and Culture, Alhaji Lai Mohammed has said relevant authorities are working towards addressing issues concerning revenue of foreign airlines that have been trapped in Nigeria, put at over $600 million. Speaking during a facility tour at the …
Read More »Sterling Bank, NHEA Recognize Nigeria’s Healthcare Champions
Sterling Bank Plc, Nigeria’s leading commercial bank, has given special recognition awards to healthcare providers who played leading roles in the fight against the COVID-19 pandemic. The awards were given to selected recipients at the 8th annual Nigeria Healthcare Excellence Awards (NHEA), which held in Lagos over the weekend under …
Read More »Stanbic IBTC Pension Managers Pays 69,000 Retirees N1 Trillion
Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings Plc, said it has paid N1trillion to more than 69,000 retirees since its incorporation on 19 May 2004. This was disclosed during the 2022 Employers’ Forum organized by the company in Lagos. According to Dr. Babatunde Alayande, Head, PENCOM, South-West …
Read More »Alleged N2.9bn Fraud: Trial of Businessman, Kenneth Amadi Adjourned to Nov 19
Further hearing in the N2.9 billion fraud, allegedly perpetrated by a businessman, Kenneth Ndubuisi Amadi, ABD Energy Solutions boss, before Justice Lewis Allagoa of a Federal High Court sitting in Ikoyi, Lagos, earlier scheduled to hold on Thursday, November 11, has been adjourned at the behest of the court to …
Read More »Lagos Ranks World’s Second Most Stressful City
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 …
Read More »CBN Introduces 37 Interventions to Boost Economy, Reiterates Commitment to Building People-Centric Bank
The Central Bank of Nigeria (CBN) currently has about 37 interventions programmes to boost the economy, the bank has said. The acting Director, Corporate Communications Department, CBN, Mr Osita Nwanisobi, said this during the CBN two-day fair which commenced in Lagos and Abeokuata, Ogun State on Thursday. The fair is …
Read More »Lagos Records N398.7 billion Highest IGR, Becomes 7th Fastest Growing City Globally – NIPC
The Nigerian Investment Promotion Commission, NIPC says Lagos is the seventh fastest-growing city globally, with the highest gross domestic product and internally generated revenue in Nigeria. NIPC also noted that out of the 36 states and the FCT, Lagos had N398.7 billion IGR as of 2018, N1.2 trillion budget in 2020, and …
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