Category: Business
The Nigerian Maritime Administration and Safety Agency (NIMASA) has refuted the claim that it grants waiver to foreign shipping companies operating in Nigeria and an allegation of bias for international shipping firms bringing petroleum products into Nigeria. Bashir Jamoh, NIMASA’s director-general, told the Senate Committee on Local Content on Wednesday his organisation was empowered to […]
Aellaapp has unveiled “AellaCast”, a podcast for people interested in the burgeoning of the Nigerian fintech ecosystem. AellaCast is an insightful and engaging dialogue stacked with dynamic guest speakers, challenging fintech innovation and operation from start-ups, microfinance, traditional banking, insurtech, cryptocurrency to regulation Hosted by AellaApp co-founders, Wale Akanbi and Akin Jones, each episode will […]
Business leaders, top government officials, captains of industries, and budding entrepreneurs converged for the Kickstart Entrepreneurship Summit organised by International Breweries Plc at the Civic Center in Lagos. This year’s event was organised to support businesses with practical tips to ensure survival beyond the current global challenges, hence, the theme: ‘Building a Sustainable Business in […]
Following the launch of the pension transfer window by the National Pension Commission (PenCom), over 2, 100 Retirement Savings Account (RSA) holders have applied to move their pension accounts from their current Pension Fund Administrators (PFAs) to a new one due to poor service delivery. This disclosure was made by the Head, ICT, PenCom, Polycarp […]
President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has admitted the banks, like other businesses, are facing trying times. He, however, said resilient bankers as well as “audacious leadership” are needed to drive the economy to recovery. Adesina spoke on Saturday at the 2020 Chartered Institute of Bankers of Nigeria (CIBN) Fellowship Investiture […]
Private sector operators, economists and development finance executives have warned that failure to reform the financial system and provide proper incentives to finance production could result in a prolonged recession. The experts and stakeholders, including the Managing Director of the Bank of Industry Mr. Kayode Pitan, CVL Founder, Professor Pat Utomi and former President of […]
For many people, the new normal occasioned by the pandemic has been very challenging impacting negatively on mental health. In the midst of it, many are heartbroken and depressed while very few have refused to give up. There is a need for people to develop new approaches to staying healthy, safe, and productive and maintain […]
The West African Examination Council, WAEC, has again extended registration for its 2020 West African Senior Secondary School Certificate Examination for private candidates. According to a tweet on its Twitter account on Wednesday, the new deadline is November 19, 2020. DAILY POST recalls that WAEC had initially extended the registration deadline to Friday, November 11, 2020. “We […]
Zambia could not pay an overdue Eurobond after the grace period elapsed on Friday, making it the first African nation to default on sovereign debt since the onset of the pandemic. The Zambian government had asked its $3 billion bondholders for six month payment deferral as the nation is reeling from the pandemic coupled with […]
ECO NIGERIA has been named the Best Retail Bank in Nigeria by Asian Banker. This was announced at its Middle East and Africa Regional 2020 Awards virtual ceremony on Thursday. The event attracted thought leaders and decision makers across continents of the world. Specifically, the organisers said Ecobank was selected for its deployment of digital […]
As the federal government begins efforts to rebuild critical assets destroyed during the EndSARS protests, Vice President Yemi Osinbajo on Monday, called for a process that will guarantee a rebuilding of the trust between the government and it’s citizens, including moral, social, and ethical reconstruction to be undertaken as well. Trust deficit has been largely […]
President of the Association of National Accountants of Nigeria (ANAN), Prof. Muhammad Mainoma has advised accountants to be acquainted with the use of disruptive technologies and innovations associated with the profession. Speaking during the ANAN 25th annual conference in Abuja on the theme: Disruptive Technologies and Innovations: The Place of the Accountants, he explained that innovation is about […]
Unity Bank Plc has launched UnityCares boost lending to individuals, businesses, manufacturers and services providers in the healthcare sector. UnityCares is a credit scheme, which is aimed at supporting indigenous pharmaceutical companies and healthcare practitioners and other value chains businesses to provide access to loan facilities of up to N2 billion per company at five […]
Vice President Yemi Osinbajo on Tuesday, harped on the need for promoters of enterprises to imbibe sound business ethics to enhance viability. According to him, “The frequent clashes between conscience and wrongful behavior will eventually create a toxic work environment and destroy corporate objectives and Osinbajo while speaking at the 2020 Annual Directors’ Conference of […]
Dangote Refinery has debunked an online media report which claimed that a protester was shot and killed by policemen while protesting at the refinery on Tuesday. Edwin Devakumar, Group Executive Director, Projects and Portfolio Management, said nobody was killed during the protest and also that the protesters are not employees of Dangote Refinery but those […]
