BUSINESS

Prudential Zenith life commences bancassurance sales

Prudential Zenith life commences bancassurance sales

In line with the Bancassurance partnership between Prudential Zenith Life Insurance and Zenith Bank Plc., the company commenced sales in an additional fifty branches from Monday, 21st May 2018. This builds on the initial launch, which had enabled customers of Zenith Bank to purchase life insurance products in eight pilot branches over the past few […]

Marketers spoil for war with Pirates

Marketers spoil for war with Pirates

…Petition the police over nefarious activities of economic saboteurs BY ISAAC OLAMIKAN Disc and Cassette Dealers Association of Nigeria, marketers of music and movies, are spoiled for war with pirates who sabotage their business concern. In a chat recently, Clement Efenudu, the President of the association, disclosed that they are not taking the war with […]

CoralPay To Bring Alipay To Online Merchants In Nigeria

CoralPay To Bring Alipay To Online Merchants In Nigeria

Coralpay is to partner Alipay, the world’s largest online and mobile payment platform operated by Ant Financial Services Group, to ease online transactions for Chinese consumers and African merchants starting from Nigeria. The partnership further expands Alipay’s footprints in Africa and opens the door for its more than 520 million active users in China to […]

CORALPAY to power ALIPAY in Africa as Asian giant expands footprint

CORALPAY to power ALIPAY in Africa as Asian giant expands footprint

Coralpay is partnering Alipay, the world’s largest online and offline payment platform operated by Ant Financial Services Group, to ease transactions on e-channels in Africa. The partnership further expands Alipay footprints in Africa and opens the door for its more than 600 million active users in China to make purchases in the continent using the […]

EIB, ADB to support private sector investment in Nigeria with Development Bank of Nigeria

EIB, ADB to support private sector investment in Nigeria with Development Bank of Nigeria

Chris Steven, Abuja The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for business and agriculture investment in the country. The European Investment Bank has finalized a US $20-million equity stake in the new financing institution, alongside US $50-million […]

Guinness Nigeria signs waste management deal with Wecyclers

Guinness Nigeria signs waste management deal with Wecyclers

By Tunde Osho Guinness Nigeria Plc has partnered Wecyclers, a for-profit social enterprise that promote environmental sustainability, socioeconomic development, and community health to support Guinness’ waste management agenda. The partnership is expected to, among other things, help support the implementation of Guinness Nigeria’s 4R waste management strategy, covering REDUCTION, REUSE, RECOVERY and RECYCLING, while addressing […]

Lufthansa cancels 800 flights amid strike

Lufthansa cancels 800 flights amid strike

By Tunde Osho (with agency reports) Lufthansa has been forced to cancel 800 flights on Tuesday as the spring of discontent among Europe’s workers spreads to Germany. According to BBC, the airline has axed half of its 1,600 scheduled flights, affecting 90,000 passengers. Workers are staging the walkout ahead of pay talks, following similar action […]

Ecobank Group partners MTN to deepen financial inclusion in Africa

Ecobank Group partners MTN to deepen financial inclusion in Africa

By Tunde Osho MTN has announced collaboration with Africa’s leading independent banking group, Ecobank Transnational Incorporated (ETI), enabling both companies to leverage each other’s assets that will ultimately offer more value to their respective customers across the continent. MTN’s large subscriber base, comprehensive distribution, innovative digital products and drive for mobile financial services are being […]

NSE delists two companies from trading on secondary market

NSE delists two companies from trading on secondary market

By Tunde Osho Two companies, Afrik Pharmaceuticals Plc and African Paints Nigeria Plc have been delisted by the Nigerian Stock Exchange (NSE) from trading on the secondary market. The delisting happened over the weekend following the approval of the National Council of the Nigerian Stock Exchange. The companies, both of which have been quoted on […]