Nigeria Business Now Archives - Page 58 of 81

Business

iChota, new e-commerce platform to maximise customers profit, save cost

iChota, new e-commerce platform to maximise customers profit, save cost A newly debuted free-to-use e-commerce platform, iChota app, has the potential to ensure maximum profitability and cost savings for sellers and buyers. Launched by iChota LLC in Los Angeles, USA recently, the app enables users to carry out transactions without[Read More…]

August 12, 2023 by Eberechi Constance Comments are Disabled

Business

ALAT by Wema unveils exciting summer internship programme

ALAT by Wema unveils exciting summer internship programme ALAT by Wema, a trailblazing digital bank, has announced the launch of its eagerly anticipated Summer Internship Programme which will not only serve as a remarkable learning opportunity for young talents but also highlights Wema Bank as an exceptional place to work.[Read More…]

August 12, 2023 by Eberechi Constance Comments are Disabled

Business

Coach Owner To Acquire Michael Kors, Versace Parent In $8.5bn Deal

Coach Owner To Acquire Michael Kors, Versace Parent In $8.5bn Deal Tapestry, the US owner of lifestyle brands including Coach and Kate Spade, said Thursday it will acquire Michael Kors parent company Capri for $8.5 billion, creating a new global fashion giant to compete with European powerhouses. The unified company[Read More…]

August 12, 2023 by Eberechi Constance Comments are Disabled

Business

BUA Cement launches #WinWithTheKing promo

BUA Cement launches #WinWithTheKing promo As part of efforts to promote sales and reward brand loyalty, BUA Cement has launched its #WinWithTheKing promo. This is the first of its kind by BUA since it was established. It is expected to run for 83 days. This will see users of[Read More…]

August 12, 2023 by Eberechi Constance Comments are Disabled

Business

CBN reveals loan to FG rose to N23.18trn

CBN reveals loan to FG rose to N23.18trn The Central Bank of Nigeria (CBN) has published its financial report for the year ended December 31, 2022, almost two weeks after President Bola Tinubu appointed Jim Obazee, ex-CEO of FRC as special investigator to investigate the bank. The published report revealed[Read More…]

August 11, 2023 by Eberechi Constance Comments are Disabled

Business

Prepaid meters’ installation rises 3.9% to 171,107

Prepaid meters’ installation rises 3.9% to 171,107 Despite the federal government promises, the sluggish growth in the number of prepaid meters installation persisted in first quarter 2023, Q1’23, with number of meters installed rising by quarter-on-quarter, QoQ by 3.95 per cent to 171,107 from 164,612 meters installed in the[Read More…]

August 9, 2023 by Eberechi Constance Comments are Disabled

Labour

NERC says Electricity Subsidy costs Nigerian Govt N36bn in three months

NERC says Electricity Subsidy costs Nigerian Govt N36bn in three months The Nigerian Electricity Regulation Commission (NERC) has said Federal Government paid a total of N36 billion to subsidise electricity consumption in the country in the first quarter of 2023. NERC stated this in its quarterly report, adding that[Read More…]

August 7, 2023 by Eberechi Constance Comments are Disabled

Business

FirstBank Technology Academy entry begins First Bank of Nigeria Limited has announced the call for participation in the second edition of its FirstBank Technology Academy. Interested participants are to a dedicated website to complete the online application process, a statement by the bank said. The application, which closes on[Read More…]

August 7, 2023 by Eberechi Constance Comments are Disabled

Labour

Miners seek partnership with FG to shore up FX supply

Miners seek partnership with FG to shore up FX supply Miners have called on the Federal Government to partner them to explore the huge potential in the sector to increase the country’s gross domestic product (GDP) and increase foreign exchange (FX) supply. They said the sector holds a huge potential[Read More…]

August 7, 2023 by Eberechi Constance Comments are Disabled

Stanbic IBTC, SMEDAN lift 3000 SMEs

Stanbic IBTC, SMEDAN lift 3000 SMEs Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC has reaffirmed its commitment to empowering Small and Medium Scale Enterprises (SMEs). To this end, the bank has signed a partnership agreement with the Small and Medium Enterprises Development Agency of Nigeria[Read More…]

August 6, 2023 by Eberechi Constance Comments are Disabled

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iChota, new e-commerce platform to maximise customers profit, save cost

ALAT by Wema unveils exciting summer internship programme

Coach Owner To Acquire Michael Kors, Versace Parent In $8.5bn Deal

CBN reveals loan to FG rose to N23.18trn

Prepaid meters’ installation rises 3.9% to 171,107

NERC says Electricity Subsidy costs Nigerian Govt N36bn in three months

Miners seek partnership with FG to shore up FX supply

Stanbic IBTC, SMEDAN lift 3000 SMEs

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