first bank of nigeria News

US Holiday Ecommerce Boosts Small Business Sales

US Christmas e-commerce sales surged by 10.6%, exceeding online growth expectations. Black Friday and Cyber Monday remained strong, with December sales surpassing last year's figures. Amid inflationary pressures, consumers diversified their spending, creating opportunities for small brands with price advantages. The consumption trend is expected to continue in the first half of next year, requiring cross-border e-commerce businesses to proceed cautiously. The strong online performance indicates a shift in consumer behavior, favoring digital channels during the holiday season.

01/04/2026 Logistics Industry Insights

Skincare Innovators Revolutionize Soft Mask Efficacy

Facing the 'ingredient-first' trend in the skincare market, MakerZ showcased its unique approach to soft mask research and development through CCTV.com. They focus not only on ingredients but also delve into the changes in materials under different states and their impact on the skin, striving to translate the sensory experience of soft masks into stable efficacy. This R&D model, shifting from ingredient stacking to systematic design, may lead the skincare industry into a new phase that emphasizes process and data validation.

01/15/2026 Logistics Industry Insights

Amazon Sellers Cut Costs 30 with Optimized Warehouse Logistics

This article provides an in-depth analysis of lean planning for multi-warehouse FBA first-leg logistics, emphasizing key strategies such as intelligent warehousing, accurate inventory forecasting, channel stratification matching, and overseas warehouse transshipment. Through data-driven dynamic adjustments and operational optimization, it helps cross-border e-commerce sellers reduce logistics costs by 20%-30% and improve overall operational efficiency and profitability. The focus is on leveraging data and strategic planning to streamline the FBA process and maximize cost savings.

01/15/2026 Logistics

Saudi Arabias M5azn Launches Zerocost Dropshipping Platform

M5azn, Saudi Arabia's first dropshipping e-commerce platform, offers entrepreneurs a zero-cost, inventory-free business opportunity. The platform provides access to over 30,000 wholesale products and integrates with popular local website builders, solving logistics challenges. M5azn aims to be a game-changer in the Middle Eastern e-commerce market, supporting local young entrepreneurs and emerging online businesses. It empowers individuals to start their online ventures without the burden of managing inventory or complex logistics, fostering growth within the Saudi e-commerce landscape.

01/16/2026 Logistics Industry Insights

Guide to Rupali Banks Swift Codes in Bangladesh

This article provides a detailed analysis of the SWIFT/BIC code RUPBBDDHAGC, assisting readers in accurately identifying Rupali Bank PLC. in Bangladesh and its SIASON HOUSE branch in Chittagong. The goal is to prevent errors in international money transfers. The article delves into the code structure, offers practical tips, and answers frequently asked questions. It aims to improve the accuracy and security of cross-border payments by providing a comprehensive understanding of this specific code and its implications for international banking transactions.

09/04/2025 International Settlement

Deutsche Banks SWIFTBIC Code Guide for Crossborder Transfers

This article provides a detailed analysis of the application, precautions, and common errors associated with SWIFT codes in cross-border transfers, using the PBNKDEFF011 SWIFT/BIC code of Deutsche Bank AG-Postbank Branch as an example. It offers alternative solutions and risk warnings, aiming to help readers conduct cross-border transfers safely and efficiently. The explanation covers practical aspects of using SWIFT codes for international transactions and highlights potential pitfalls to avoid, ensuring a smoother and more secure transfer process.