Stanbic IBTC Pension Managers has paid out N1.6 billion to one hundred and fifty customers as at October 3, 2023, thus enabling them to become proud homeowners. According to a press release, this followed the implementation of approved guideline on accessing Retirement Savings Account (RSA) balance towards payment of equity[Read More…]
Author: Godwin Anyebe
Stanbic IBTC earnings estimated to hit N125b
IBTC earnings has been estimated to rise to about N125.5 billion in the financial year 2023. The financial services group has seen its market valuation accelerate above N1 trillion mark in the stock market. In its update, the research unit of the Nigerian leading investment firm CardinalStone is prospecting higher[Read More…]
CHALLENGES of Housing Deficit Takes Center Stage at Knight Frank Conference
Issues around the challenges of acute housing deficit in Nigeria and beyond were the crux of discussion at this year’s Knight Frank Lagos Property Conference with the theme: Pragmatic Solution for Housing Delivery: Charting the Roadmap today in Lagos. In his welcome address, Frank Okosun, Senior Partner/CEO, Knight Frank Nigeria[Read More…]
Mowana International Pioneers a Groundbreaking Tool to Boost African Exports
Mowana International, a leading figure in the realm of global trade, proudly unveils a revolutionary initiative designed to empower Nigerian and African manufacturers to reach international markets while facilitating payments in foreign currencies. At the heart of this transformation is the Mowana Mobile app, replete with features including a dynamic[Read More…]
HoR Urge SON To Curb Proliferation Of Substandard Steel In Nigeria
The House of Representatives has urged the Standard Organisation of Nigeria (SON) to check the proliferation of sub-standard steel production in Nigeria. It called on SON to commence massive enforcement of its mandate to prosecute anyone dealing in substandard steel products to face the law as enshrined in section (4)[Read More…]
Stanbic IBTC launches fintech subsidiary, Zest
Stanbic IBTC Holdings Plc has launched its pioneering fintech subsidiary, called Zest, to revolutionise the payment sector. During the launch event in Lagos, the Group Chairman of Stanbic Holdings, Basil Omiyi, speaking on the company’s vision, said, “We aspire to become the leading end-to-end financial services provider for businesses and[Read More…]
Telecom operators in Nigeria have revealed that over 90 per cent of the data centres in Nigeria are located in Lagos, Nigeria’s economic centre due to insecurity and economic challenges. Speaking at the West Africa Telecoms Infrastructure Summit and Exhibition (WATISE) organised by Technology Mirror in Lagos, Chief Executive Officer[Read More…]
Rite Foods marks customer service week with innovative, excellent service
Rite Foods Limited, Nigeria’s leading company in the Food and Beverage industry, celebrates this year’s Customer Service Week (CSW) with a renewed commitment to delivering effective customer service and recognising its personnel who have performed excellently in contributing to the organisation’s growth. The consumer-centric company, known for its award-winning brands[Read More…]
FCCPC vows to unravel mystery death of Abuja “one chance” victim
The Executive Vice Chairman/Chief Executive Officer, Federal Competition and Consumer Protection Commission (FCCPC), Babatunde Irukera who a member of the nine-man investigative panel of a “one chance” victim, Greatness Olorunfemi who was killed in Abuja recently said the Patients’ Bill of Rights would be one of the major considerations that[Read More…]
2023 Beacon of Safety Awards to Chrisland Schools Come Under Attack as Stakeholders probe Organizer’s Transparency
Education Consultant and Organizer of the Beacon of Safety Award in Lagos State, Bisi Esuruosho has come under heavy public scrutiny following her gifting of 12 out of 25 “safety Awards” to Chrisland Schools, with some schools owners in Lagos who requested anonymity stating clearly that Bisi Esuruoso was up[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]