Business News

The Group Managing Director and Chief Executive Officer of UBA Plc, Oliver Alawuba, said 2023 was marked by geopolitical tensions, inflation spikes, and the transformative emergence of technologies such as generative AI, yet, the bank not only

The financial services industry (measured by volume) dominated in volume terms at the end of last week's transactions with 859.6 million shares valued at N20.6 billion in 12,297 deals, contributing 75.9 per cent to the total equity turnover.

As we approach the midpoint of the third decade of the 21st century, the global economic landscape is poised for a profound shift, with Africa at its heart. Africa stands out as the continent with the most rapidly expanding and youthful population.

Nigeria’s economy is projected to grow to 3.3 per cent this year, while it may recede to 3.0 per cent in 2025. In its latest World Economic Outlook report, ‘Steady but slow: Resilience amid divergence,’ the International Monetary Fund said that Nigeria’s economy is expected to better 2023 growth which was pegged at 2.9 per…

The Management Recruitment Group (MRG Global), a leading UK-based executive search firm with an international presence, has announced its expansion into Africa, solidifying its commitment to providing exceptional talent solutions worldwide. MRG Global specialises in senior appointments in real estate and facilities management across diverse sectors globally. With a central hub in South Africa and…

The Federal Government has created an Incentive Monitoring and Evaluation Platform (IMEP) aimed at cutting down the cost of tax expenditure and ensuring tax incentives positively impact the economy.

As of quarter one, 2024, the National Identity Management Commission (NIMC) has issued 105 million National Identification Numbers (NINs) to Nigerians.

With expectations that the drop in the dollar-to-naira exchange rate would lead to a reduction in the cost of goods and commodities quickly, traders and consumers have lamented that they are yet to feel the impact on their wares, as the cost of household items keeps skyrocketing.

Transactions on the equities sector of the Nigerian Exchange Limited (NGX) reopened on a downturn yesterday, as market capitalisation depreciated by N304 billion, amid losses in banks stocks.

The Nigerian Society of Engineers (NSE) has bemoaned the lack of access to capital and patronage by the government at various levels.

Before a leader creates a management system, he or she must first appreciate the idea that this concept was designed to solve certain challenges and it’s a tool for achieving the corporate goals of an organization.

United Bank for Africa (UBA) Plc has outlined its strategies aimed at navigating the dynamic and ever-evolving banking landscape, while also consolidating growth prospects for the 2024 financial year.