The nation’s Small and Medium Sized Enterprises (SMEs) have been recommended to use Artificial Intelligence (AI) technology in order to expand their operations.During the Ecobank MySME Growth Series webinar, Ehia Erhabor, the founder of AI Nigeria, presented a slide titled “Using AI for business innovation.” He made a point of saying that AI is revolutionary,…
To provide small and medium-sized businesses in Nigeria with accessible healthcare solutions, Stanbic IBTC Bank, a division of Stanbic IBTC Holdings, has teamed up with Tillit MSME Microservices. The collaboration was designed to address the difficulties SMEs encounter in providing high-quality healthcare services and keeping qualified personnel, according to a bank statement. As per the…
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Nigeria’s revenue from the manufacturing export sector has plunged by 166 per cent to ₦778.4bn from the ₦2.trn height reached in 2019. A newly published report “Africa Pulse” by the World Bank, said the trend since 2019, had been downwards recording a significant decline to ₦960.7bn attributed to COVID-19 in 2020, while a minor recovery…
Access Bank Sierra Leone Limited has announced the appointment of Maurice Nathaniel Cole and four other non-executive directors. According to a press statement issued by Access Holdings PLC, the new executives to its Board of Directors would further strengthen its leadership team and advance the implementation of its growth and transformation strategy. It added that…
Independent financial advisory firms that are highly regarded have selected Fidelity Bank as an extremely appealing company that has the potential to yield substantial returns for investors. Numerous market analysts’ independent investment research studies, which were examined over the weekend, revealed that Fidelity Bank had been given a “buy” ticker, indicating that investors should take…
An executive director of United Bank for Africa, Ugochukwu Nwaghodoh and Group Company Secretary, Bili Odum, have acquired 27 million units of the financial group’s shares. The value of the newly acquired shares was about N701.49m, according to details of the transaction filed with the Nigerian Exchange Limited on Friday. Nwaghodoh bought 12 million shares…
shareholders of Zenith Bank Plc, at the 33rd Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on Wednesday, 8 May 2024, approved the proposed final dividend payment of NGN3.50 per share. That brings the total dividend for the 2023 financial year to NGN4.00 per share, with a total value of NGN125.59…
The Federal Government has said mandatory registration of Point-of-Sales operators nationwide will reduce kidnapping and help security agencies arrest recipients of ransom payments from kidnap victims. It also vowed that security agencies would go after PoS operators who fail to comply with the directive to register with the Corporate Affairs Commission after July 7, 2024….
