Lapo Microfinance Bank has rewarded its customers with cash prizes in its raffle draw promo.
During the live draw that took place at its head office in Lagos, Lapo said it organised the event to encourage savings culture among Nigerians.
At the promo, 170 winners got consolation prizes, and N500,000 was won by the star winner.
Speaking at the event, the Head, Corporate Planning Department, Lapo…
The Chief Executive Officer, Mykmary Fashion House, Micheal Onyemah, has said that a sound knowledge of the principles of business is needed to make entrepreneurs succeed.
He made this disclosure at his Lagos office over the weekend.
He said, “It takes more than just…
Fast Moving Consumer Goods, Unilever Nigeria, has said that it will be exiting the home care and skin cleansing markets to reposition its business for sustained profitability.
This was revealed in a corporate notice to the Nigerian Exchange Limited and signed by its Company…
The federal government has announced plans to award subsidies to mini-grid developers for the deployment of solar power mini-grids to 150 underserved and unserved electricity sites across seven states.
The government announced this in a statement issued by the Rural Electrification Agency on Friday.
It noted the deployment of the mini-grids would be driven by the private sector.
It said the…
Real estate development activities in Lagos, the country’s commercial hub, plunged by 14 per cent in 2022 as a result of heightened election uncertainty, currency challenges and inflation, an Intel report said.
The report titled “Lagos Real Estate Development Pipeline…
KPMG Nigeria has appointed a former Nigerian Statistician-General, Dr Oyeyemi Kale, as its chief economist.
IKPMG Nigeria disclosed the appointment in a statement, stating that the partners and staff of the firm were pleased to welcome Kale, the former statistician-general…
The International Air Transport Association on Tuesday disclosed that the trapped funds belonging to foreign airlines operating in Nigeria have risen by 12.39 per cent to $743,721,097 in January 2023 from $662m in the corresponding period last year,
IATA disclosed this in a letter addressed to the Minister of Aviation, Hadi Sirika, signed by the Area Manager West and Central Africa, Dr Samson…
Virgin Atlantic has joined SkyTeam Alliance, becoming the first and only UK member airline of the alliance.
Virgin Atlantic is a founding partner of a Joint Venture with SkyTeam members, Delta Air Lines and Air France-KLM
Virgin Atlantic formally joined SkyTeam, the global…
Deposit Money Banks have slashed the amount of Personal Travel Allowance and schools fees their customers can apply for amid a worsening foreign exchange crisis.
Shortage of FX in the country has forced lenders to take drastic measures to meet their dollar obligations in…
The board of Dangote Sugar refinery plc has appointed Yabawa Lawan Wabi, as an Independent Non-Executive Director.
According to a corporate notice signed by the Company Secretary, Temitope Hassan, the appointment was approved by the board at its meeting held on February 28, 2023.
Mrs. Wabi has experience in the public sector having served as Permanent Secretary in various ministries, and as…