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Fidelity Bank Plc’s nine-months results for the period ended September 30, 2018, showed a 6.9 per cent rise in gross earnings to N139 billion from N130.1 billion reported in the corresponding period in 2017 The bank’s profit-before-tax also soared by 23.6 per cent from N16.2 billion to N20.1...

The National Bureau of Statistics on Wednesday released the Capital Importation report for 2018 with the economy attracting a total investment of $16.81bn during the period. The bureau in the report stated that the total value of capital importation into Nigeria stood at $2,140.08 million in...

Striking university lecturers and other stakeholders in education sector were told a bitter truth yesterday: Federal government does not have the financial ability to plug funding … Read more via NaijaBizCom.Com – https://ift.tt/2SbYudA Get more: Nigeria Business News

Walmart has just announced its plans to launch what it’s calling an Intelligent Retail Lab inside one of its stores in Levittown, New York. The idea is to test both associate and customer experiences. For example, Walmart wants to use artificial intelligence to better identify when items are...

National Independent Wireless Broadband Quality Reporting (NIWBQR) service, which compares the quality of RF deployment for LTE amongst service providers in Nigeria, has rated Glo first in LTE downlink throughput, second only to MTN. NIWBQR reported that Glo appeared to have now capped its...

Guinness Nigeria Plc, has approved a dividend of N4.03 billion, translating to a payout of N1.84 per share to shareholders for the financial year ended, June 30, 2018. This was against the 64 kobo paid to shareholders for the 2017 business year, representing an increase of 187.5 per cent.The …...

To further encourage e-payments, Pan-African financial services group, United Bank for Africa (UBA), has announced that it will reward 25 lucky customers with N100,000 each, for making payments with their UBA cards through its Point of Sale (PoS) terminals at any merchant location. The promo...

Telecommunications firm, Globacom, has claimed the availability of its 4G LTE services in the 36 states of the federation. Besides, Globacom said the service is also available in over 200 tertiary institutions, thus confirming it as the network with the widest LTE coverage in the country...

A Chinese organization Rouyu Technology has flown out of no where and dropped a major shocker on every one of us by unleashing the world’s first foldable smartphone the Flexpai. Interesting how these Chinese folks continues leading the way when different tech giants like Samsung and Apple are...

Chief Mike Ozekhome,Dangote,Senator Odion Ugbesia,Chief Dan Osi Orbi and others today paid a condolence visit to console Tony Anenih jnr,Justice Maryann Anenih and other members of the Anenih clan at the late nationalist and astute politician’s Asokoro home,Abuja.... Read more via...

Nigerian singer, Harrysong is here again with a new jam he calls ‘Report Card‘. This new jam is produced by DalorBeatz. As expected the Delta State born musician explores the highlife... via NaijaBizCom.Com – https://ift.tt/2z2hAuX Get more Nigeria Entertainment News

Richard Branson has reportedly stepped down from the chairman role of Virgin Hyperloop One. In a statement, cited by Reuters, Branson said that the company would require a more time than he could devote to the company.... Read more via NaijaBizCom.Com – https://ift.tt/2CySdUK Get more...

Netflix’s commitment to growing its original content collection will see the company again returning to debt markets to raise more financing, the company announced today. According a release published to its investors site, Netflix says it plans to raise $2 billion to help fund new content...

eBay today launched a new service to help users unload their old smartphones on its online marketplace. With eBay Instant Selling, as the service is called, consumers can list their device info, add images, then receive an instant voucher that can be used towards the purchase of a new … Read...

The local currency opened bearish at the first trading day of the week on Monday, going down by 0.02 percent at both the interbank and Investors and Exporters segments. Business Post reports that the Naira closed at N306.55 against the Dollar yesterday versus the N306.50/$ it was exchanged in...

Ahead of the 2019 general elections in Nigeria, social media giant, Facebook has announced opening its first physical elections war room in Menlo Park, California. Naijabizcom reports Facebook’s goal is to get the right subject-matter experts from across the company in one place so they can...

PayPal this week announced an expanded relationship with American Express that will allow cardholders to use their Membership Rewards points when shopping from PayPal merchants, as well as more integrated experience within both PayPal and the Amex apps, among other things. The deal is similar...

First Bank of Nigeria (FBN) Plc has organised the maiden edition of the Hackathon competition on Artificial Intelligence (AI) and Big Data to boost technological advancements in the banking sector. Hackathon is an event typically lasting several days, in which a large number of people meet to...

Nestoil Limited has appointed Mr. Obinna Ufudo as Executive Director, Operations. A statement by the firm on Tuesday quoted Nestoil’s Group Managing Director, Dr. Ernest Obiejesi, saying “Nestoil is quite pleased to welcome Obinna Ufudo to our team.... Read more via NaijaBizCom.Com –...

The Yale University – USA is inviting applications from International students who are looking to acquire a degree program at the Institution. The Yale Young Global Scholars (YYGS) is a summer academic enrichment and leadership program for outstanding high school students from around the world...