Small and Medium Scale, SME, business owners and operators have been advised on essential health tips that will help them successfully create wealth and thrive in their businesses. Speaking during the United Bank for Africa (UBA) Business Series hybrid event at the bank’s Head office in Lagos last week, Fitness and Health professionals said that intentionality, physical fitness and regular ...

Prof. Umar Danbatta, the Executive Vice chairman of Nigerian Communications Commission, NCC, has said the commission is committed to continuously supporting Micro, Small and Medium Enterprises (MSMEs) in the country. The EVC also said that the NCC supports innovators in order to promote talented young persons and ventures. Specifically, Danbatta said that the commission is fully committed to the drive ...

The contribution of the manufacturing sector to Nigeria’s Gross Domestic Product (GDP) in real terms declined to N1.5 trillion in the second Quarter ended June 2023 (Q2’230). This represents a 17.24 percent Quarter-on-Quarter (Q-o-Q) decline compared to N1.8 trillion contribution recorded in the first quarter of the year (Q1’23). The Nigerian Bureau of Statistics, NBS, had reported that the nation’s ...

The Director, National Insurance Commission (NAICOM), Inspectorate Directorate, Pius Agboola, and his Administration and Human Resources counterpart, Habila Amos, have retired. Recently, the commission’s Director, Finance and Accounts (DFA), Barineka Thompson, also retired in line with the Federal Government’s new tenure policy. Agboola and Amos were served their compulsory retirement letters recently by NAICOM, along with Thompson, in line with ...

GCR Ratings, one of Africa’s foremost rating agencies, has revised Leadway Assurance Company Limited’s financial stability rating to AA+(NG) from AA(NG) in their June 2023 Report. Leadway Assurance made this known in a statement. The company stated that the upgraded rating reflects Leadway Assurance’s consistent capacity to meet its financial commitments and obligations, affirming the robust creditworthiness of the insurer.The ...

Small and Medium Scale Business owners and operators have been advised on essential health tips that will help them to successfully create wealth and thrive more in their businesses. Speaking during the United Bank for Africa (UBA) Business Series hybrid event at the bank’s Head office in Lagos on yesterday, fitness and health professionals said intentionality, physical fitness and regular ...

President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Otunba Dele Oye, has charged the Federal Government to speed up the operationalisation of the African Continental Free Trade Area (AfCFTA) Agreement to facilitate intra-African trade and boost economic integration. Oye also urged Nigerian businesses to embrace the opportunities presented by the AfCFTA, saying the agreement ...

Another edition in the Business series workshop organised by the United Bank for Africa (UBA) Plc, holds at the Bank’s Marine Head office, Lagos. “Financial fitness: Balancing health and wealth for small business owners.’ UBA’s Head, SME Banking, Babatunde Ajayi, said with the vast experience of the panelists that would grace the event, the series will yield the intended result ...

The Federal Government says it would prioritise the N500 billion recapitalisation of the Federal Mortgage Bank of Nigeria (FMBN) to give it leverage as this would also enhance its ability to provide more affordable mortgage loans to Nigerians. The Minister of Housing and Urban Development, Ahmed Dangiwa, an architect, made this known upon his assumption of office, yesterday. He said ...

Commercial banks and Bureaux De Change (BDCs) are in talks on strategic steps to boost dollar liquidity and save sliding naira. The alliance, being understudied by the Central Bank of Nigeria (CBN), will require the banks to sell proceeds of international money transfers to BDCs at the Investors and Exporters (I&E) window rate. The DBC operators will in turn sell ...