Sunday, October 6

Business

LVMH sells Off-White streetwear brand founded by Virgil Abloh

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.French luxury group LVMH has sold the streetwear brand Off-White founded by the late designer Virgil Abloh to a brand management company. LVMH…

TPG bets on discounted streaming competitor with DirecTV deal

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Satellite television is declining fast in the US. But with its $7.6bn deal to acquire full control of DirecTV from AT&T, private…

WIMBIZ empowers 250 Lagos schoolgirls

No fewer than 250 secondary school girls from Lagos City College in Yaba, Lagos State, have gained financial literacy skills through the Big Sister Programme, an initiative of the Women in Management, Business, and Public Service. The soft skills initiative,…

NIPC, RMAFC, DBN, top 2024 FoI ranking

The Nigerian Investment Promotion Commission, the Revenue Mobilisation, Allocation and Fiscal Commission, and the Development Bank of Nigeria have emerged as the top three agencies on the 2024 Freedom of Information Ranking of 245 Ministries, Departments and Agencies in the…

UPDATED: UBA declares N316.4 billion half-year profit

The net profit for United Bank for Africa (UBA) for the six months to June dropped 16 per cent to N316.4 billion, the audited report of the pan-African lender showed on Monday after release. Post-tax profit for Nigeria’s second-biggest lender…

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