Economy

Economy

ALL FARMERS ASSOCIATION SHOWS SOLIDARITY WITH TINGO GROUP

The All-Farmers Association of Nigeria (AFAN) has identified with the Tingo Group, a pivotal figure in Nigeria's agricultural sector. AFAN states their unwavering support for Tingo, acknowledging the critical role its ecosystem of products and services plays in the daily lives of millions of Nigerian farmers, adding that they are unperturbed by the report in some sections of the media on accusations leveled against the Tingo Group by the United States Securities and Exchange Commission (SEC). In a press statement on Wednesday made available to the media, AFAN said it...
Economy

NBA SUMMIT: POLARIS BANK CEO, SONOLA, ADVOCATES LEGAL REFORMS FOR ECONOMIC GROWTH

Polaris Bank's CEO, Adekunle Sonola, has urged the Nigerian government to prioritize legal policy and reforms for sustained economic growth. Sonola made the call in a presentation he delivered at the Annual Law Dinner of the Nigerian Bar Association (NBA), Lagos branch which was held at the weekend in Lagos themed: “Favourable Investment and Business Environment Through Legal Policy & Reforms”. The summit, a pivotal gathering for industry leaders, legal luminaries, and High Networth Individuals (HNIs), provided a platform for the CEO to underscore the critical role of legal frameworks...
Economy

FIDELITY FAMILY WEEKEND THRILLS FAMILIES FOR TWO DAYS

In line with its commitment to providing lifestyle banking solutions and memorable experiences for its customers, leading financial institution, Fidelity Bank Plc, recently hosted customers for two fun-filled days in commemoration of the Yuletide. Tagged the Fidelity Family Weekend (FFW), the event saw the bank host over 10,000 guests at the Fidelity Grounds, Oniru, Lagos to a carnival-like atmosphere on Saturday, 16, and Sunday, 17 December 2023. A special feature of the morning event on both days, which were hosted for young children, parents, and grandparents; was the loyalty prize...
Economy

STERLING ONE FOUNDATION CLEANS UP ALPHA BEACH, LEKKI

By Okosun Dennis Sterling One Foundation has put its money where its mouth is in its commitment to environmental sustainability that engenders good and healthy coexistence. On December 16, the foundation cleaned up the popular Alpha Beach, Lekki, Lagos. Those who frequented the beach for relaxation could not ignore the intensity and candour displayed by those who participated in the exercise. The Clean-Up exercise was part of its sustainable and peaceful environment initiative. The event was aimed at tackling the pervasive issue of plastic pollution and fostering a culture of...
Economy

ADRON HOMES & PROPERTIES TO BUILD JOURNALISTS’ ESTATE

...REWARDS MEDIA MEN WITH CARS, MACBOOK LAPTOP, iPHONE By Okosun Dennis It was a bumper harvest for some journalists on Sunday who were rewarded for their outstanding dedication and covering of Adron Homes and properties as one journalist went home with a car, another a MacBook laptop and a third one got an iPhone. During an end-of-the-year party with media partners, which held at its Corporate Headquarters, Adron Court, Adeyemo Akapo, Omole Phase 1, the Group Managing Director and Chief Executive Officer of Adron Homes and Properties Limited, Aare Adetola...
Economy

UBER HONOURS TOP DRIVERS ON UBER PLATFORM AND TRAVELSTART COMPETITION

In a unique style, Uber has rewarded winners of the Travelstart competition in Lagos as drivers and riders on the Uber platform were presented sought-after prizes which included tickets to several local and international destinations. The top 30 drivers who operate on the Uber app were celebrated, showcasing the company’s dedication to recognizing driver excellence and reinforcing its commitment to giving riders an excellent experience while using the app. According to Efunlola Hughes, Driver Lead, West Africa explained that "Drivers consistently go above and beyond to ensure riders reach their...
Economy

ALTERNATIVE BANK REVOLUTIONIZES AGRICULTURE TO TACKLE HUNGER IN OGONILAND

The Alternative Bank Limited, a forward-thinking financial institution, is taking proactive steps to combat hunger and environmental distress in Ogoniland. Teaming up with over 800 local farmers, the bank has launched the Agricultural Community Support Programme (ACSP) in Bori, Khana Local Government Area of Rivers State, in collaboration with Global Entrepreneurship City Limited. At the inauguration ceremony, Gbenga Awe, Group Head of Agricultural Finance and Solid Minerals, highlighted the ACSP's mission: to fortify local farmers, address food security, and elevate livelihoods. A key focus is also on boosting foreign exchange...
Economy

ENTREPRENEURS, CUSTOMERS RELIVE EXPERIENCE AT POLARIS BANK SPONSORED FASHION SOUK

Polaris Bank, Nigeria's premier digital retail Bank, showcased its unwavering commitment to supporting MSMEs by taking center stage as the headline sponsor of the recently concluded two-day Fashion Souk in Lagos.  The Fashion Souk, an electric congregation of fashion enthusiasts, witnessed a surge of businesses eager to secure grants through an intense pitch competition. Beyond financial assistance, Polaris Bank emphasized customer satisfaction, ensuring an exciting fashion experience with operational POS machines and seamless transactions via the award-winning VULTe app. The event's high point was the business pitch competition, where three...
Economy

UNION BANK PLEDGES IMPROVED ACCESS TO CAPITAL FOR SMALL BUSINESSES AT BUSINESSDAY 100 SME CONFERENCE

The foremost financial institution, Union Bank of Nigeria, has reiterated its commitment to providing easy access to capital for Small and Medium-sized Enterprises (SME) in the country to boost the growth and profitability of the sector. This assertion was made at the 2023 edition of the ‘Top 100 Fastest Growing SMEs in Nigeria’ conference recently hosted by Business Day newspaper. The event, ‘Accelerating growth for SMEs in an era of uncertainty,’ brought together industry experts, small business owners, policymakers, and other stakeholders in the SME sector to evaluate and spotlight...
Economy

SUBSIDY IS AFFECTING OUR PRODUCTION – GM, DELMITA WATER

...SAYS 'BEING IN BUSINESS IS FOR SURVIVAL NOT MAXIMIZATION OF PROFIT' It was an unusually hot Monday afternoon as our correspondent walked into the warm embrace of the General Manager of Delmita Water in her classic, cozy office located at the heart of Ademola Street, southwest, Ikoyi. Without much ado, the conversation began with Mrs. Blessing Omolu Nnamuka, the GM, Delmita Water. In her brief introduction, she waxed philosophical and lyrical in this conversation with OKOSUN DENNIS. She revealed the effects of the subsidy on business and standing tall against...
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