A New Earth Opens Organic Food Store In Lagos

By Bliss Okperan A digital investment platform known as AltInvest has been introduced by a new kid in the banking industry in Nigeria, Alternative Bank. According to the non-interest lender, which commenced operations in October 2023, the new product empowers individuals to navigate seamlessly the investment world, blending ethical and digital features for increased accessibility. At the unveiling of the innovative financial solution at the 44th Kano International Trade Fair, the company also launched another produced AltBiz, which it said caters to the financial needs of businesses, offering a comprehensive suite of services to fuel growth, innovation, and sustainability. “These

By Adedapo Adesanya The Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria (CBN) to strengthen its banking supervision to prevent some crucial Nigerian banks from failing due to its planned recapitalisation. Last Friday, the Governor of CBN, Mr Olayemi Cardoso, said the CBN would be directing banks to increase their capital base to serve a $1 trillion economy to be achieved by 2030. In a statement signed by Mrs Chinyere Almona, the director general of LCCI, the chamber said, “On recapitalisation of banks, we commend the plan of the apex bank to review the

By Aduragbemi Omiyale The popular Ajose Adeogun Street and Roundabout on Victoria Island, Lagos, is wearing a new look, thanks to Zenith Bank Plc, which designed the areas with beautiful Christmas decorations. The yearly ritual of the financial institution is a part of its Corporate Social Responsibility initiatives aimed at setting the tone for the Christmas and Yuletide seasons. Performing the Light-Up ceremony, the 17th of its kind recently, the chief executive of Zenith Bank, Mr Ebenezer Onyeagwu, expressed his delight in heralding the 2023 Yuletide season by lighting up the iconic Ajose Adeogun Street and Roundabout. He urged everyone

By Modupe Gbadeyanka Access Bank Plc has expressed its determination to support initiatives that promote knowledge, integrity, and the enduring legacy of excellence in the legal profession. The chief executive of Access Holdings, the parent firm of the lender, Mr Herbert Wigwe, while speaking at the launch of a book to honour Justice Amina Adamu Augie on Tuesday, November 28, 2023, said the financial institution has a strong affinity for the preservation and advancement of country’s judicial heritage. “We are proud to support the launch of Wisdom and Integrity: The Legacy of Honourable Justice Amina Adamu Augie JSC CON Through

By Modupe Gbadeyanka The Bank of Industry (BoI) has stated that its Youth Entrepreneurship Support (YES) programme is expected to create over 150,000 direct and indirect job opportunities in the country. This is in a bid to ‎reduce the double digit unemployment rate figures. This was disclosed by the acting Managing Director of BoI, Mr Waheed Olagunju while kicking off a five-day in-class capacity ‎building session of the YES programme in Lagos. Mr Olagunju explained that youths will have the opportunity to apply for loans as low as N100,000‎ up to a maximum of N5 million at single digit interest

By Adedapo Adesanya Nigeria’s top construction entity, Julius Berger, has released its consolidated unaudited statement for half year (H1) of 2019 and analysis by Business Post Nigeria indicated that the company recorded a higher profit than it did in the first half of 2018. The construction company said it made a profit after tax of N2.8 billion, higher than N2.6 billion it declared in H1 2018, representing a 7.7 percent increase. In the numbers released by the firm, the sum of N1.7 billion was paid as income tax compared with N1.3 billion paid in the same period of last year.

By Adeniyi Ogunfowoke Converting a raw start-up idea into reality is an enormous task. The onus is on you to ensure that the idea comes to fruition notwithstanding the circumstances. This is perhaps why some Nigerians are scared to the bone about floating a start-up. It is even more discouraging as Nigeria is currently experiencing a recession whose end is unknown. Evidently, ideas will be abandoned due to these challenges. Despite all these woes, it is essential for you to take action on your idea as you will be thrilled about running your own business and secure your financial future.

By Aduragbemi Omiyale Mid-level lender, Ecobank Nigeria Limited, is offering Nigerians living abroad highly competitive interest rates on mortgage loans, investment in the money market, capital market, real estate and treasury products. The Head of Consumer Banking at Ecobank Nigeria, Mrs Olukorede Demola-Adeniyi, explained that the bank came up with these exciting offerings to support Nigerians in the diaspora. She said the lender is ready to assist them to finance property ownership in the country, stressing that the terms and conditions are flexible and easily accessible and encouraged them to open a domiciliary account with the bank to access the

By Adedapo Adesanya The Lagos State Government has said the economic summit, Ehingbeti 2020, which is scheduled to hold from November 10 through 12, is targeting 100,000 participants. This plan was made known by the Commissioner for Economic Planning and Budget, Mr Sam Egube, who is also the co-chair of the event at a stakeholders’ conference and logo presentation in Lagos on Thursday. The summit, organised by the Lagos Economic Summit Group (LESG), is expected to provide a robust platform for deliberations on pragmatic optimisation of the inherent opportunities in Africa’s fifth-largest economy. It is also expected to offer perspectives

By Modupe Gbadeyanka The newly inducted 27 young engineers, who successfully completed the Graduate Engineering Programme of Egbin Power Plc, have been charged to remain focused and make the best use of the opportunity by continually exploring innovative ways to make an impact in the organisation. The Group Managing Director of Sahara Power Group, Mr Kola Adesina, while congratulating the inductees, assured that Sahara Group would continue to invest in its human capital development to create a pipeline for the kind of leadership needed for future growth and development of the industry. He noted that investment in new technology, expansion

By Investors Hub European stocks have moved to the downside on Thursday as the euro has bounced back from four-month lows against the dollar and investors await the outcome of U.S.-China trade talks. While the U.K.?s FTSE 100 Index has edged down by 0.1 percent, the French CAC 40 Index is down by 0.3 percent and the German DAX Index is down by 0.4 percent. The British pound weakened slightly after the release of disappointing services sector data. The IHS Markit/Chartered Institute of Procurement & Supply services Purchasing Managers’ Index rose to 52.8 in April from 51.7 in March. Nonetheless,

By Dipo Olowookere The Centre for Human Rights at the University of Pretoria, South Africa, in collaboration with the Office of the United Nations High Commissioner for Human Rights and other partners, is organizing the 9th Nelson Mandela World Human Rights Moot Court Competition at the Palais des Nations in Geneva from 18 to 21 July 2017. The competition, which is held in English, is open to undergraduate and masters law students from universities around the world. Students are invited to argue a hypothetical human rights case before a panel of top international lawyers. The competition is expected to bring