Business

The Central Bank of Nigeria (CBN) has begun the collection of project support loan facilities to some state governments for the execution of some projects under its intervention programmes. The credit facilities were given to some states to finance various projects across different sectors, including agriculture and manufacturing. “We’ve also …

In order to harness the global digital economy estimated at $11.5 trillion (which translates to about 16 percent of the global economy), the federal government has said Nigeria’s digital economy will contribute 15% of the country‘s total gross domestic product (GDP) by 2025. Stakeholders in the Information and Communication Technology …

In partnership with FirstBank – Nigeria’s premier and leading financial inclusion services provider – Verve International, Africa’s leading payment technology and card business, has launched its third National Consumer promo designed to reward users of FirstBank verve card with exciting gifts and cash prizes to appreciate their patronage and use …

Titan Trust Bank Limited (TTB), one of the three newest entrants into the Nigerian banking industry, has announced a whopping 4 percent interest reward for customers who save up to $20,000 in their domiciliary accounts. According to the bank, every customer who is able to save up to the said …

In what has been termed a major move to bridge the gap in helping small businesses access much needed funding and capacity development initiatives, leading financial institution -Fidelity Bank Plc – has announced a strategic partnership with the Small and Medium Enterprises Development Agency (SMEDAN). At a Memorandum of Understanding …

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has advocated effective collaboration among stakeholders and launching of innovative financing solutions as means of boosting the healthcare industry in Nigeria. Speaking during the panel session at the recently held Medic West Africa Conference, Jane Ike-Okoli, Head, Specialised Sectors, Stanbic IBTC …

Development Bank of Nigeria Plc, Nigeria’s first wholesale development finance institution is set to hold its 3rd annual lecture series, a thought leadership initiative that provides a platform for a robust exchange of ideas to drive debate on significant issues within the Micro, Small, and Medium Scale Enterprises (MSMEs). This …

Heritage Bank Plc has affirmed that adequate agricultural financing is critical in defining Nigeria’s trade competitiveness, which guarantees sustainable agricultural systems, generates foreign exchange – a critical aspect that equips the financial sector to respond to changing market requirements and address critical sector needs for global competitiveness. The Executive Director …

Tech firms in Nigeria are making significant contributions in responding to concerns over the unemployment rate and economic state of the nation. Daily, many youths are provided the opportunities of exploring their talents and being recruited to make up the workforce of the industry which has been described as the …

  The Dangote Industries adjudged the ‘Most Valuable Brand’ in Nigeria for its ability to deliver on its promises to consumers of its products continues to live up to the mandate, as over 50 winners have emerged as instant Millionaires of Dangote Cement Plc. in the Northeast Region A Winner’s event …