Category Business

Alaro City, in collaboration with Universal Homes, will be opening and handing over the first phase of Universal Homes apartments on August 31. The company noted in a release that the apartment blocks were ready for allocation to their new…

Sterling One Foundation, in partnership with the Coca-Cola Company Nigeria, Sterling Bank Limited, and the United Nations Global Compact Network Nigeria, has reiterated its commitment to driving social impact across Africa by co-hosting the Africa Social Impact Summit for the…

The challenging operating environment, which has plummeted sales, is making small businesses seek improved access to credit, writes ARINZE NWAFOR The current high inflation in the country has eroded the purchasing power of many Nigerians. This has adversely affected the…

Africa Prudential has reported a profit after tax of N791m for the first six months of the year. This was disclosed by the Chief Finance Officer of Africa Prudential Plc, Taofiq Giwa, at a webinar, tagged, ‘Africa prudential half year…

The Bank Directors Association of Nigeria has introduced two new directors to its board of directors following the retirement of three directors by rotation. This is as the association also reported a 138.9 per cent increase in its total income…

Satellite original equipment manufacturers need to prioritise affordability in Africa to drive adoption and growth, the Managing Director of Nigerian Communications Satellite, Jane Egerton-Idehen, has said. The NIGCOMSAT boss noted in a statement obtained on Monday that high costs and…

At least N18tn ($24bn) is required to revive abandoned buildings in the country, according to a report by Digital Experience Technology Limited. The report, titled “Reviving Nigeria’s Hidden Assets: Strategic Framework for the Rehabilitation of Abandoned Buildings”, noted that as…

The family of Tigran Gambaryan, a Binance executive facing money laundering charges in Nigeria, has revealed that he is currently unable to walk due to severe pain from a herniated disc. Gambaryan has been in detention for six months since…

Baobab Nigeria’s recently launched savings app, Jollof+, has recorded over N1.3bn in savings 64 days after its debut. In a statement made available to The PUNCH, the firm noted that the achievement underscored the app’s growing importance in promoting financial…

African Business Intelligence has projected in its latest quarterly report that the Nigerian construction sector may grow to $45bn by 2028. It declared that the country’s construction sector is expected to be valued at around $40bn at the end of…