Business

Nigeria’ll not be Africa’s warehouse, but Africa’s workshop — Tinubu

Nigeria’ll not be Africa’s warehouse, but Africa’s workshop — Tinubu

By Yinka Kolawole  President Bola Tinubu has declared that Nigeria will no longer be content with exporting raw materials and importing finished products, saying the country is determined to become Africa’s industrial workshop. Tinubu, who was represented by the Minister of State for Industry, Sen.John Enoh, spoke at the 6th Adeola Odutola lecture and Presidential […]
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Etisalat, LBS partner on business sustainability strategy

Etisalat, LBS partner on business sustainability strategy

ETISALAT Nigeria in partnership with the Lagos Business School (LBS) of the Pan African University has urged businesses in Nigeria to develop a sustainability strategy if they are to add value to the society and minimize negative impacts caused by their business processes.

FOU zone ‘Á’ records 267 seizures in six months

FOU zone ‘Á’ records 267 seizures in six months

The Federal Operations Unit (FOU), Zone ‘A’ Ikeja, Lagos of the Nigeria Customs Service (NCS) in the month of June made 267 seizures worth N107, 029, 420 ( One hundred and seven million, twenty nine thousand , four hundred twenty naira), just as a total of N6, 942, 917 was made also in the month.

Experts laud CBN directive over banks financing foreign subsidiaries

Experts laud CBN directive over banks financing foreign subsidiaries

Some financial experts have commended the Central Bank of Nigeria (CBN) for stopping banks from using their funds to finance foreign subsidiaries. The experts said in separate interviews with the News Agency of Nigeria (NAN) that the step would checkmate fraudulent practices and enhance sanity in the financial system. According to them, the banking sector has been overheated with persistent crises and the industry needs effective measure to restore investors’ confidence in the system.

First Bank begins multilingual, 24/7 customer service

First Bank begins multilingual, 24/7 customer service

Language will no longer be the barrier when you do banking in Nigeria but that will be if you do banking business with First Bank of Nigeria Plc as it has in line with global best practices and the quest to drive instant access to its products and services upgraded it contact center called FirstContact to an interactive, multilingual and 24/7 customer service center.