Business

    The current poor power supply in the south east has been attributed to low energy generation, a situation which is beyond Enugu Electricity Distribution Company PLC (EEDC). According to EEDC, this low generation resulted in a drop in power supply availability making it impossible to meet up with…

  Bolaji Agbede has been appointed Acting Group Chief Executive Officer of Access Holdings Plc by the Board of Directors. The appointment according to Access Holdings follows the unfortunate demise of its former Group Chief Executive Officer, Dr. Herbert Wigwe, on February 9, 2024. The appointment is subject to the…

Young people, especially the under 30 years old have been charged to use personal data responsibly. The charge which came from Moniepoint Microfinance Bank and the Nigeria Data Protection Commission (NDPC) resulted from the need to raise awareness of data protection rights and responsibilities especially among the young people which…

  FirstBank, Nigeria’s premier financial institution and financial inclusion services provider, was announced as the Best Corporate Bank at the recent prestigious Euromoney Awards for Excellence, Nigeria 2023. The Bank clinched the coveted award based on its 130-year commitment to enabling its corporate customers achieve success through relevant and tailored…

    The National Council on Climate Change (NCCC) and Climate Action Africa (CAA) have joined forces in a strategic partnership to address the pressing challenge of climate change in Nigeria. The partnership was solidified with the signing of a Memorandum of Understanding at the NCCC office in Abuja on…

  Billionaire business man, Femi Otedola, has been appointed the new chairman, board of directors FBN Holdings. Otedola takes over from the outgoing Chairman of the board, Alhaji Ahmad Abdullahi. According to the bank, his appointment takes effect January 31, 2024. The company notified investors of the new development in…

  Around 3,500 jobs will be cut in Deutsche Bank, the Germany based financial institution said Thursday and that it would buy back shares and pay dividends, in its latest pitch to investors that its turnaround remains on track. Reuters reported that, the news came as Germany’s biggest bank, seeking…

As a vehicle that catalyzes growth, education plays a pivotal role in the socio-economic development of communities and countries where it is given priority and commitment. Hence, the rapid transformation that such societies undergo over the years after educating the citizens, particularly the youth, confirms that investment drives societal and…

    The Enugu Electricity Distribution Company PLC (EEDC) has announced plans to go live with the Token Identifier (TID) rollover by end of February 2024, as part of the implementation for the STS prepaid meter upgrade. To this end, EEDC urged its customers to update their information, as a…

  Serial digital entrepreneur, Leo Stan Ekeh, has spotlighted the chief reasons why multinationals are exiting Nigeria and warned that if nothing was done, more of such businesses and indigenous ones may close shop in the coming months and years. In a press statement, Ekeh who is the Chairman of…