African Development Bank Group

Closing Speech by Dr Akinwumi A Adesina, President, African Development Bank Group, 2020 Annual...

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August 27, 2020 - Honorable Niale Kaba, Chairperson of the Board of Governors Your Excellencies, Governors Members of the Board of Directors Senior Management and...
social media presence, Social distancing

Social distancing in togetherness culture of Nigerians as social media presence deepens

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There have been many instances that show that Nigeria in recent times would desist giving supports to their fellows than lending a hand of...
Q2 2020 GDP

Q2 2020 GDP: Imminent Economic Recession as Full Impact of COVID-19 Reflects

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In the second quarter of 2020, as the local economy experienced a lockdown induced by the coronavirus pandemic, and businesses were closing, the official...
FBN Holdings Plc, FBN Holdings Injects ₦25Billion Into Firstbank,

FBN Holdings Plc: Impact of COVID-19 limits upside potentials

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FBN Holdings Plc (‘FBNH’ or ‘The Group’) reported an 8% year-on-year (YoY) net profit decline in Q2’20, driven by a significant increase in impairment charges....
Global Security Culture Report

Global Security Culture Report: It’s not the technology that secures the organisation, it’s its...

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The 2020 Global Security Culture Report released by KnowBe4 and CLTRe collected data from more than 120,000 employees across 24 countries to find out...
Nigeria’s inflation rate rises to 12.82% in July, as food prices surge

Food Price Pressure Stokes Inflation to 28-month High in July

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On Monday the National Bureau of Statistics (NBS) released inflation figures for July-2020 showing headline inflation rate at a 28-month high of 12.82% y/y...
Phillips Consulting to empower entrepreneurs, startups with new Micro Courses

Phillips Consulting to empower entrepreneurs, startups with new Micro Courses

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The managing director of Phillips Consulting, Rob Taiwo has stated that the democratization of learning is fast merging with an increasingly globalised workforce, and...
GBfoods commissions ₦5.5B mayonnaise processing factory in Nigeria

GBfoods commissions ₦5.5B mayonnaise processing factory in Ogun State

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Global culinary products manufacturer GBfoods has inaugurated its N5.5 billion (US$14.3m) state of the art production factory for its leading mayonnaise brand, Bama Mayonnaise...

Insider Dealing: Sterling Bank Sells 18.457M Shares

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Sterling Bank Plc disclosed on Tuesday that Mr. Abubakar Suleiman, Managing Director, purchased ordinary shares of 18,457,500 at N1.24 per share from the company...

FirstBank Rewards its Verve Card Holders with Free Fuel

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First Bank of Nigeria Limited, Nigeria's leading financial inclusion services provider is set to reward customers for Verve Card usage in its Free Fuel...
equity market, Global stocks, Global stocks kick-start new month,

Domestic Equities Market Index Falls by 0.12% amid Sustained Sell-Offs…

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In the just concluded week, the Lagos bourse closed southwards amid sustained sell-offs in line with our expectations; albeit we saw strong interest in...

PZ Cussons seeks shareholders’ approval for Nutricima sale to FrieslandCampina

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PZ Cussons Nigeria Plc has advanced discussions on the sale of its food and drinks subsidiary, Nutricima Limited, to Nigerian milk industry leader, FrieslandCampina...