Earnipay, OnePipe Partner to Deliver Frictionless Salary Earnings

By Aduragbemi Omiyale The management of BUA Cement Plc has announced a reduction in the prices of its cement from its factory without the transportation costs to N3,500 per bag (50kg). The cement maker confirmed this development in a statement issued on Sunday, noting that it was part of efforts to make sure customers get the products at cheaper prices. In the statement, BUA Cement disclosed that the slash in cement prices is from Monday, October 2, 2023, urging its distributors not to fleet the end users. The firm said, “All pending, undelivered orders which had been paid for at

Traders Union (TU) recently took an interest in ChatGPT, a chatbot by OpenAI. Think of ChatGPT as a super-smart robot friend who loves to chat about almost anything! It’s famous for giving detailed answers to loads of questions. But, like every friend, it might get things wrong sometimes. There’s a free version everyone can chat with, and a fancier version called ChatGPT Plus for those who want more. Some even call it the “ChatGPT trading bot” because of its extensive knowledge about trading. ChatGPT’s trading capabilities Without a doubt, ChatGPT has carved a niche for itself in the automated trading

By Aduragbemi Omiyale A Norwegian start-up, Empower New Energy, has injected about $13 million into a Nigerian hybrid solar solutions provider, WATT Renewable Corporation, to reduce the country’s carbon footprint through innovative technologies. A statement from WATT said the funds would be used to improve the renewable energy portfolio, adding an impressive 8MW of installed generating capacity and 14.3MWh of storage capacity through end-to-end services and operation of towers in Nigeria. The firm stated that this is set to make a substantial impact on the availability and reliability of clean energy in the region and reduce the consumption of diesel

By Dipo Olowookere Transactions worth N30.379 billion were recorded at the Nigerian Exchange (NGX) Limited last week, which had four trading sessions due to the public holiday observed last Wednesday for Eid-el Maulud. Data obtained by Business Post showed that the stock market posted these trades from the sale of 3.911 billion shares in 38,536 deals. When compared with the preceding week, which had five trading days, the value of transactions weakened by 36.00 per cent, as investors bought and sold 2.933 billion shares valued at N47.449 billion in 44,654 deals. A breakdown indicated that the financial services industry led

By Modupe Gbadeyanka A partnership designed to reward customers with free shopping vouchers through a campaign tagged Season of Rewards has been entered into between Konga and Verve International. The promo kicked off on March 1, 2023, and will see shoppers on the leading composite e-commerce platform in Nigeria receive free vouchers when they shop on Konga.com with their Verve cards. The partnership underpins the commitment of both brands to add value by providing useful incentives for customers who make payments with their Verve cards. Consequently, Verve cardholders who shop on www.konga.com are in for great rewards, with free shopping

By Modupe Gbadeyanka Chairman of Poultry Association of Nigeria (PAN), Mr Ezekiel Ibrahim, has said poultry farming presents the best in terms of return on investment (ROI) anyone can think of. Mr Ibrahim made this disclosure during the launch of an intervention programme aimed at reviving the comatose poultry sub-sector in the country at the Abuja office of the Central Bank of Nigeria (CBN) on Monday. At the event, the poultry farmer said Nigeria would not have been talking of job creation if the sector had been given the right attention it deserved, noting that poultry business had faced the

By Modupe Gbadeyanka Small and Medium Enterprises (SMEs) in Nigeria recently had the opportunity to gain more knowledge on how to scale their operations at a training organised by the Fate Foundation Alumni Conference. The event, in its 8th edition, was bankrolled by one of the leading financial institutions in the country, Union Bank of Nigeria Plc. It was gathered that at the programme, participants, including chief executive officers of major businesses, SME and MSME owners, exhibitors, and Fate Foundation Alumni shared knowledge on crucial topical subjects essential for entrepreneurial growth and success from seasoned entrepreneurial leaders and influencers. At

By Adedapo Adesanya  The Naira depreciated against the Dollar at the Bureaux De Change (BDCs) segment of the foreign exchange (forex) market on Tuesday, February 25, 2020. At the four different locations tracked by Business Post yesterday, the local currency depreciated against the American currency in Lagos and Abuja, while it remained flat in Kano and Port Harcourt. At the Lagos BDC market, the Naira lost 10 kobo to close at N358.50/$1 against the previous N358.40/$1. It depreciated by N2 against the pound to close at N474/£1 versus N472/£1 on Monday and declined by N3 against the Euro to trade

By Adedapo Adesanya The Nigerian Stock Exchange (NSE) in collaboration with top tax advisory agency, KPMG Nigeria, held a symposium on the amendments contained in the Finance Act 2020 on Monday, February 3. The workshop was organised to understand the implications of the newly signed law on activities in the Nigerian financial markets with focus on the capital market. The Finance Act is regarded as a significant milestone for Nigeria as it marks a return to active fiscal supervision motivating regular review of the macro environment and stimulation of the economy on an annual or at least regular basis by

By Investors Hub European stocks have advanced on Monday as strong U.S. jobs data released last week coupled with encouraging data releases from Germany and France helped boost investor confidence in the global economy. The U.K.?s FTSE 100 Index and the French CAC 40 Index are both up by 0.2 percent, although the German DAX Index is just below the unchanged line. The pound rose against both the dollar and the euro as the resignation of Brexit secretary David Davis helped fuel expectations that a soft Brexit was more likely. Mining giant BHP Billiton has rallied on buzz that BP

By Adedapo Adesanya  Kwik has expanded its offer of digital services with the launch of KwikStore, adding yet another exciting service to the already sensational offer it brings to African business owners and social vendors. KwikStore is a free e-commerce storefront solution that allows any African business owner, merchant, social vendor entrepreneurs, and SMEs to create their own online stores literally in 5 minutes without any technical knowledge and to run their businesses directly from a smartphone. Social vendors can link their KwikStores to their social media accounts, automating the sale, fulfilment, inventory management, and delivery process, giving them the

By InvestorsHub Voyageur Minerals Ltd has announced staking additional lithium rich brine claims in Utah USA named the Lithium King Project. Voyageur has recently staked 75 new placer claims 607 ha. (1500 acres) and in addition, has acquired an additional 21 existing placer claims 170 ha (420 acres) of lithium claims in the Bonneville Salt Flats area in Utah, USA. This brings the total acreage in Utah under Voyageur’s control to 777 ha (1920 acres) (95 claims). Based on published lithium values in numerous surrounding brine monitoring wells, the average lithium grades are 215 ppm with the highest grades recorded