Business

November 9 2022: Kuda*, the money app for Africans is launching in the UK as part of a major global expansion drive, following a total investment of over $90 million USD. The launch will among other things, enable hundreds of thousands of UK-based Nigerians to combat high remittance costs on …

  FBNBank UK, a subsidiary of FirstBank Group had London, the United Kingdom painted blue as it celebrated its 40th anniversary, themed Partnership Beyond Borders, on Friday, 11 November 2022. The event which had customers, members of government functionaries and the diplomatic community, regulators, captains of industries in attendance, was …

At the just concluded Africa Fintech Summit held in Cape Town, South Africa, Adewale Opaleye, the founder and group chief executive officer of Alerzo posited that the African Continental Free Trade Agreement (AfCFTA) will forge collaborations among e-commerce platforms on the continent and accelerate the continent‘s economic growth. He made …

Accra, Ghana: November 9, 2022 – Nestlé announced today that it is partnering with the Africa Food Prize to help accelerate the transformation of food systems in Africa, as a way of strengthening the continent’s food security and building greater climate change resilience.   The Africa Food Prize awards USD …

CBA Foundation, a Lagos-based Not for Profit organization, has announced that Walk4Hope, its yearly five-kilometer-long walk charity sensitization event will take-off at Eko Hotel & Suites, Victoria Island on Saturday, November 12, 2022. Since January 2016, Walk4Hope has been the highlight of a series of activities embarked by the CBA …

  Dangote Industries Limited sustained efforts at providing basic infrastructure through various intervention projects have received the commendation of the Lagos Chamber of Commerce and Industry (LCCI). President of the LCCI, Dr. Micheal Olawale-Cole in his remarks yesterday at Dangote Group’s Special day at the ongoing Lagos International Trade Fair …

The attention of our client, Stanbic IBTC Bank PLC (“our client/Stanbic”) has been drawn to a press release published on page 28 of The Guardian Newspaper of Wednesday, 9th November 2022 by a faceless “Concerned Downstream Oil & Gas Industry Stakeholders” and captioned “Stanbic IBTC Bank Contempt and Deliberate Sabotage of Judicial Process”. The …

Wema Bank Plc, the pioneer of Africa’s first fully digital bank, ALAT, has once again demonstrated its unwavering commitment towards developing the capacity of SMEs in Nigeria to scale by launching the fourth edition of its SME Business School in Port Harcourt. Designed to help build capacity for SMEs in …

 By Lere Ojedokun   On October 19, 2022, the Nigerian technology and innovation space, and in particular the tech-enabled startup ecosystem received a major boost when President Muhammadu Buhari signed the Nigeria Startup Bill (NSB) into law. With the presidential assent, the Nigeria Startup Act (NSA 2022) came into effect, …

President Muhammadu Buhari has congratulated the Board, Management, and Staff of First Bank of Nigeria Limited (FirstBank) for cross-border services through FBNBank UK in the United Kingdom for 40 years, sharing almost 130 years of banking experience. In a statement signed by the Special Adviser to the President on Media …