Economy

By Okosun Dennis Digital financial payment systems have been described as making a huge positive impact on the Nigerian economy hence there is a need to implement strategies to mitigate risk. In a keynote address at the 2023 Conference organised by the Finance and Business Online Publishers (FiBOP), held over the weekend at Orchid Hotels in Lekki-Ajah, Lagos, the representative of Mr. Bello Hassan, Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Ms. Hawwau Gambo, the Assistant Director, Media Relations, NDIC, said digital financial payments have revolutionised easy payments for...

Leading Real Estate Firm, Adron Homes and Properties in its usual manner of building cities and creating affordable homes for low-income earners through its constant push to ensure everyone becomes a homeowner at a stress-free rate has now again launched its Lemon Friday End of the Year Promo ushering the yuletide season. The annual promo will enable prospective customers and already existing customers to enjoy unthinkable discounts on their landed properties and estates littered across the length and breadth of the country. Leveraging on the company’s mantra of giving power...

Leading Real Estate firm, Adron Homes and Properties Limited, at the weekend, added yet another feather to its meritorious cap of achievements with the winning of the West Africa Prestigious Award for Real Estate.  The company's moment of additional glory came on Sunday, October 22, 2023, at the LCCI Conference and Exhibition Centre in Alausa, Lagos during the Momentous Magazine Annual Prestigious Awards hosted by the Publisher, Sesan Rufus Awobiye, who is also a member of the National Association of Online Security News Publishers (NAOSNP). Receiving the award on behalf...

...EMPOWERING TOMORROW’S CULINARY STARS Commemorating the 2023 International Chef’s Day, 50 children from Nestlé for Healthier Kids (N4HK) beneficiary schools in Sagamu, Ogun State, had an immersive cooking experience with Nestlé Professional. The Company believes that encouraging children to be creative with food motivates them to try out healthier food options. Every year on International Chefs Day, Nestlé Nigeria and the Association of Professional Chefs Nigeria bring children together to participate in the creation of new recipes including fruits and vegetables. The immersive events allow the children to bring their...

In a groundbreaking move, Sterling Bank Limited’s Imperium Initiative has joined forces with JinkoSolar Holding Co. Ltd. to tackle the import challenges faced by photovoltaic (PV) distributors and solar developers in Nigeria. The partnership aims to address significant foreign exchange burdens and operational constraints, ultimately driving the adoption of solar energy in the country. Mr. Olabanjo Alimi, Group Head of Transport and Renewables (Digital Renewables and Mobility) at Sterling Bank, announced this transformative collaboration in a statement issued by the bank. He said the Imperium Initiative seeks to streamline the...

DESCRIPTION/LOCATION Imperial Park and Garden is a residential estate located in Sagamu, Ogun State, Nigeria. It is a gated community designed to provide a serene and peaceful environment for residents. The estate features well-designed roads, drainage systems, and modern amenities such as street lights, recreational facilities, and 24-hour security. The estate is located along Regal College Road, GRA Extension sagamu. Some of the facilities available at Imperial Park and Garden include a swimming pool, children's playground, and a fitness center. The estate also has shopping malls and parks, which provide...

Polaris Bank has expressed its commitment to partner with Millwater to deliver uninterrupted power to industrial clusters in Nigeria in order to accelerate the industrialization drive of the current administration. While giving the assurance on the sidelines of the recent Agbara Business Roundtable held in Agbara, Ogun State, Polaris Bank's Executive Director, Lagos & Corporate Banking, Chinwe Iloghalu who represented the Bank’s Managing Director/CEO, Adekunle Sonola, expressed the lender’s readiness to provide the required funding to Millwater, a Technical Partner of Niger Delta Power Holding Company (NDPHC) to make the...

Nestlé has announced the launch of the latest addition to its nutrition portfolio, NIDO Milk & Soya Instant Powder Mix. This innovative product combines the double goodness of milk and soya, fortified with iron to provide consumers with an affordable, delicious, and nutritious creamy milk and plant-based complement for beverages and cereals. For over 62 years, Nestlé has been part of the daily nutrition of millions of households in Nigeria, consistently using its research and development capabilities to unlock the power of food to enhance the wellbeing of individuals and...

The Alternative Bank, Nigeria’s newest entrant into the financial services sector, launched in spectacular fashion by holding simultaneous launch events in three major cities across the country - Lagos, Abuja, and Kano making it the first synchronized multi-city brand launch in Nigeria’s history. The Alternative Bank is the ethical banking subsidiary of Sterling Financial Holdings. Speaking from Lagos, Managing Director of The Alternative Bank, Hassan Yusuf, said, “We believe that banking should be a platform for shared prosperity, where everyone benefits. And this explains why we refer to our customers...

Another set of 50 lucky Nigerians have emerged winners in the monthly draw of the ongoing Polaris "Save N Win" promo.  The draw which took place at the Polaris Bank Headquarters in Victoria Island, Lagos last weekend, is in line with the Bank's commitment to rewarding its esteemed customers. The draw event was witnessed by representatives of the relevant regulatory Agencies in Nigeria who attested to the transparency of the draw. The representatives of the Federal Competition & Consumer Protection Commission (FCCPC) and the Advertising Regulatory Council of Nigeria (ARCON)...