UBA foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has announced the commencement of its National Essay Competition (NEC). The Foundation also called call for entries for this year’s edition.
In a statement yesterday, the Foundation said yearly NEC competition, is part of UBA Foundation’s education initiative which is aimed at promoting literacy…
Twenty-three startups out of the 60 shortlisted in Africa for $4 million funding by Google are Nigerian firms.
The ”equity-free cash” comes under the tech giant’s funding scheme called Google Black Founders Fund (BFF) for startup tech firms in African…
RanksBusiness Magazine: The Unstoppable Rise Cross Okonkwo A Serial Entrepreneur
September 4, 2022
Ranks Magazine is a media outlet documenting creative minds today for tomorrow, which Identify and Promote Business, People and Industries from the perspective of every people & connecting people to latest business news.
CROSS OKONKWO Magazine Cover
Two things happen…
Customers accessed loans worth N3.38tn at single-digit interest rates under the Central Bank of Nigeria’s intervention funds as of the end of June.
A member of the Monetary Policy Committee meeting, Aliyu Sanusi, disclosed this in his personal statement at the last MPC meeting.
According to reports released by the CBN, “Analysis of the interest rate band reveals that 65.9 per cent of customers…
The Federal Government, on Thursday, presented certificates of registration and sales permit to authorised fertiliser dealers in Nigeria.
It stated that based on the registration and permits, non-licensed operators were not allowed to produce, blend, import, market or…
Stanbic IBTC has intensified efforts in providing financial products and services for businesses in the agro-allied industry.
The product development drive aligns with the bank’s determination to expand and support the agriculture and agro-allied industrial sector…
The price of the Organization of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at 101.04 dollars per barrel as of Wednesday.
This is compared with 106.41 dollars per barrel recorded on Tuesday, according to OPEC Secretariat calculations obtained by the News Agency of Nigeria (NAN), Abuja as released by OPEC on Thursday.
The OPEC Reference Basket of Crudes (ORB)…
Emirate airline has announced the reinstatement of its flight operations to Lagos, starting September 11.
The airline said this in an email to customers yesterday.
The development comes almost a week after the federal government released the sum of $265 million to foreign…
The value of Point of Sale transactions in Nigeria has jumped 39 per cent to N8.03tn in 2022, according to data obtained from the Nigeria Interbank Settlement System.
The data showed that the aggregate PoS transactions between July 2020 and July 2021 were estimated at…
Amid the Federal Government’s N250bn intervention funds on the National Gas Expansion Plan, which intends to deepen usage across the country, data from the Nigerian Bureau of Statistics said on a year-on-year basis, price of refilling a 12.5kg cylinder of Liquefied Petroleum Gas, also known as cooking gas, increased by 122 per cent from N4,422 in July 2021.
The Bureau’s latest report said on a…