Business
NB hopeful of barley test trials for improved material sourcing
To optimise cost and reduce expenditure on importation of raw materials, Nigerian Breweries Plc has embarked on test trials of barley in Kano State and exploring other measures The post
Stakeholders charge SMEs on governance structure, credit management
Stakeholders, including the Lagos Chamber of Commerce and Industry (LCCI) and commercial banks, have urged small businesses to embrace a strong governance structure and proper credits management The post Stakeholders
Global Business Report
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US Most Interested in Cryptocurrency, Nigeria First in Africa, Eighth in the World: Study
Nigeria ranks eighth in a list of countries most interested in cryptocurrency in the world, according to a new study. Since its launch, cryptocurrency has been surrounded by a lot
Tesla reports higher profits, says expansion on track
Tesla reported a jump in first-quarter profits Monday on surging electric vehicle sales, and the manufacturer said it was on track to boost automotive capacity at factories in three countries.
Nigeria’s Central Bank Licenses 10 More International Money Transfer Operators
The Central Bank of Nigeria (CBN) has granted operating licences to 10 additional international money transfer operators (IMTOs) as part of efforts to boost diaspora remittances. With the new licences
Kenyan Hostility To Government Loans Ends IMF Facebook Event Early
Erick Mokaya, founder of Mwonga Capital, spoke to the Global Business Report about the hostility of Kenyans towards government borrowing rearing its head at a recent IMF event on facebook
Polaris Bank, Katsina Mongrels Guard Schools, And Nigeria’s Power Sector Survey
Chika Nbonu Arise Business Analyst Chika Mbonu spoke to the Global Business Report about Polaris bank’s 2020 earnings results. He also spoke about the World Bank’s Power Sector Survey of
Rising concerns over impact of inflation on SMEs, households
By Babajide Komolafe Economic analysts and members of the organised private sector have expressed anxiety over the severe impact of the continued rise in prices of goods and services on
wema Bank grows total assets to N1trn in 2020
By Babajide Komolafe Wema Bank Plc has recorded a total assets of N1 trillion for the financial year ended December 2020. Meanwhile the bank has proposed dividend payment of 4
