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Zenith Bank Plc has announced the appointment of  as its Group Managing Director/Chief Executive Officer (CEO), effective June 1, 2024, pending approval by the Central Bank of Nigeria (CBN). The appointment was disclosed in a statement released to the Nigerian Exchange Limited (NGX) and signed by Michael Osilama Otu, the Company Secretary of Zenith Bank […]

The International Monetary Fund (IMF) has warned that capping fuel prices and electricity tariffs below cost recovery could lead to a 3 per cent of GDP fiscal cost for Nigeria. The warning was contained in the report of the just-concluded Staff Article IV Consultations, which was issued by the Country Office in Abuja this morning. […]

Latest report by Meristem Research has projected an increase in Nigeria’s oil production in 2024 barring any significant, unexpected shock to the sector in the year. The 2024 Annual Outlook entitled: ‘Setting Sail for Gradual Recovery’, lamented the persistent challenges, including pipeline vandalism, illegal oil bunkering that led to the Rumuekpe-Nkopu explosion, oil theft, and […]

Ah, 2024! The year the stars align for Nigerian hustle. Bank accounts overflowing? Dreams manifesting faster than danfo drivers in rush hour? Absolutely possible, fam. But before you dive into your business like akara into hot oil, let’s add some strategic seasoning to your hustle. Know your hustle like you know “Ojuelegba”: What’s your jam? […]

In a bid to mitigate the economic strain imposed by the removal of fuel subsidies, the Federal Government has announced the imminent commencement of financial assistance under its Presidential Palliative Programme. This initiative aims to provide much-needed relief to vulnerable households and businesses across the country. A statement issued by the Minister for Industry, Trade […]

The world of entrepreneurship beckons with its promises of excitement, rewards, and personal fulfillment. However, it’s crucial to recognize that this path also presents its share of challenges and risks. To navigate this terrain effectively, a well-structured approach is essential. Self-Assessment: Laying the Foundation Before diving headfirst into the business world, take a step back […]