Mobile Money Signals a New Dawn for Financial Inclusion in Nigeria

By Emmanuel Udom Today, most contract security guards are earning slave wages, putting their lives in danger while ensuring the safety of other people, corporate bodies, government agencies, etc, 24/7. It is noted that all over the world, security business is deadly, risky, slippery, dangerous and sophisticated. Like in other business concerns, owners of registered and yet-to-be-registered private security companies are in for raw deals. They are driven by profits, the laws of supply and demand and the desperate hustle for big, juicy contracts, our investigations have shown. Private contract security companies hire all sorts of people, give them one

By Sunkanmi Vaughan The reason is unusual and too technical for most people to understand, including most journalists who cover business and political news. As one with an understanding of that highly technical professional sector, I will break down the technicality in the Sanofi strategy for easy understanding and explain why the misunderstanding or misreporting occurred. In the business world covered by economy/business-reporting journalists, everything boils down to profit. It can be a real struggle indeed for the journalists to understand the priority of Sanofi. If you add the unpatriotic politics of disinformation, then you have a bigger problem to

Exploring art opens the door to endless creativity and self-expression. Through a brushstroke, painting lets people express their feelings, stories, and visions beyond language. From beginners learning about color to seasoned painters exploring new mediums, paint choice impacts the story of an artist’s work. Ready-mix paint combines accessibility with artistic possibilities. Ready-mix paint, a water-soluble, pre-mixed wonder, gives artists instant access to a rainbow of colors. Liquid composition makes it easy to apply for artists of all levels. The colors offered are as varied as the imaginations that use them, allowing a vast pallet for artistic expression. Ready-mix paint turns

‘Money’s too tight to mention’ for Nigerian shoppers who are highly price conscious and are taking several measures to mitigate rising food prices including cutting down on luxury items and buying in bulk to benefit from lower prices. These are just some of the findings from Nielsen’s latest 2019 Nigeria Shopper Trends Report. Nielsen Consumer Insights Lead for West Africa Abiodun Olawale-Cole says; “Nigerian shoppers have become more cautious with their spend, they are pre-planning their category choices prior to shopping visits and once in store; mostly buying essentials and switching to cheaper brands. “Factors impacting these choices include the

By Modupe Gbadeyanka If the financial technology (fintech) industry intends to attract investors, then the sector must endeavour to put in place sound corporate governance principles. This was the submission of participants at the second edition of the Ecobank Fintech Breakfast Series held recently at Ecobank Pan African Centre (EPAC) in Lagos. One of the speakers at the event themed Strengthening the Ecosystem, a Partner at Aluko & Oyebode, Ms Tosin Iyayi, stated that to entrench sound corporate governance, an organization must put in place a well-constituted board of directors who will oversee and perform the roles of strategic planning and

By Adedapo Adesanya Ahead of the the Organisation of Petroleum Exporting Countries (OPEC) meetings scheduled for Thursday, December 5 and Friday, December 6, 2019 and its decision to extend production cuts could see oil prices performing better and also tackle an expected oversupply of oil in 2020. The decision, which will involve all OPEC members and other non-producers led by Russia to take a decision to curb too supply that it has since 2017 because the United States, the biggest oil producers do not take output cuts. However, Nigeria alongside Iraq which has been experiencing difficulties with compliance have been

By Dipo Olowookere A mid-level Nigerian lender, First City Monument Bank (FCMB), has sold bonds worth N26 billion to some high-value investors in the capital market. The company confirmed the sale of the debt instrument in a regulatory notice filed to the Nigerian Exchange (NGX) Limited on Thursday. The tier-2 banking institution issued the corporate bonds to subscribers through its parent firm, FCMB Group Plc, which is listed on the stock exchange. In a notice signed by its company secretary, Mrs Olufunilayo Adedibu, it was disclosed that the additional tier 1 subordinated bonds cleared at a coupon rate of 16.00

By Aduragbemi Omiyale Consumers of the several products produced by Rite Foods Limited like Rite Spicy, Bigi Beef, Rite Sausages, Bigi soft drink variants and others can be sure of consuming healthy and world-class products, the Managing Director of the company, Mr Seleem Adegunwa, has said. Rite Foods, a subsidiary of Ess-Ay Holdings, was established in 2007 and its sausage brands have been the mark of excellence for the industry. The firm boasts of 12 leading Bigi soft drink variants which include the Bigi Cola, Bigi Orange, Bigi Apple, Bigi Bitter Lemon, Bigi Soda Water, Bigi Lemon & Lime, Bigi

By Adedapo Adesanya Brent Crude hit $36 per barrel on Thursday, May 21, the highest level since March, as decisions by governments to ease restrictions begin to yield results, causing an increased fuel use. Brent crude oil, the international benchmark, rose by 1.01 percent or 35 cents to $36.11 per barrel on Thursday night, while the West Texas Intermediate crude oil, the US benchmark, rose 1.4 percent or 46 cents to $33.96 per barrel. In April, the international benchmark hit its lowest point in 21 years, trading around $15 a barrel as demand collapsed, while the US crude went to

By Modupe Gbadeyanka The deadline for the linkage of the National Identity Number (NIN) with the Subscriber Identity Module (SIM) as directed by the federal government has again been shifted to Wednesday, June 30, 2021. This extension was announced in a statement jointly signed by Mr Ikechukwu Adinde, the Director of Public Affairs at the Nigerian Communications Commission (NCC) and Mr Kayode Adegoke, the Head of Corporate Communications at the National Identity Management Commission (NIMC) on Tuesday, May 4, 2021. It was disclosed that the shifting of the verification deadline was approved by the Minister of Communications and Digital Economy,

By Olutayo Irantiola Okeho, as a community, has been renowned to be a part of the history of the colonial and post-colonial Nigeria. There are certain factors that showed that we are a very crucial part of the politics of Oyo State. The area was firstly known as Okeho/Iganna district council, which was created in 1955 with 36 wards in the defunct western region of Nigeria. In 1976, Kajola local government was created, with headquarters at Okeho as a result of the local government reforms. The local government is one of the 33 local governments in Oyo State, the major