Tesla Motors Inc (TSLA.O) reported its first quarterly net profit in more than three years on Wednesday as record deliveries helped to offset rising expenses related to next year’s roll-out of the company’s mass-market Model 3 sedan. Tesla, led by billionaire entrepreneur Elon Musk, recorded net income of $21.9 million, or 14 cents per share,… Continue reading [BRAND WEEK]#REPORT: TESLA RECORDS THIRD QUARTER PROFIT FOR 2016.
The Central Bank of Nigeria has licensed new International Money Transfer Operators to operate in Nigeria. The Central Bank of Nigeria announced this yesterday in a statement by the acting Director of Corporate Communications, Isaac Okorafor. The AgDG said it is in furtherance of efforts to liberalise the Foreign Exchange Market, ensure liquidity and make… Continue reading [BRANDWEEK] #BUSINESSREPORT: CBN LICENSES 11 NEW PRIVATE FOREX OPERATORS IN NIGERIA AMIDST BANK SUSPENSIONS.
SunTrust Bank is the first regional bank to receive a new license by the Central Bank of Nigeria (CBN) since 2001 and the first full-fledged financial technology bank in Nigeria. The Bank is the first commercial bank that runs minimal branches and focuses on electronic channels by offering telephone, mobile and internet banking services. According… Continue reading [BRANDWEEK REPORT]#BANKING: ALIKO DANGOTE LAUNCHES SUNTRUST BANK.