Business

Tony Elumelu Foundation Disburses First Tranche of $5m Partnership Commitment from African Development Bank

AfDB Joins TEF Programme Catalysing Entrepreneurship Across Africa   From Right to Left: Tony O. Elumelu, CON, Founder, Tony Elumelu Foundation and Akinwunmi Adesina, President, African Development Bank (AfDB) at the 2019 Tony Elumelu Foundation Entrepreneurship Forum – Africa’s largest entrepreneurship conference. Tony O. Elumelu, CON, has congratulated the African …

Read More »

Heritage Bank empowers 2000 female entrepreneurs via financial inclusivity initiatives

Taking into consideration the importance of Micro, Small and Medium Enterprises (MSMEs) to the economy, Heritage Bank Plc has continued to structure financial inclusivity initiatives in empowering over 2000 female entrepreneurs towards economic enablement and self-realization. This move is in line with the people-oriented policies of the Central Bank of …

Read More »

Polaris Bank launches agency banking solution

…Unveils “SurePadi”   As part of its digital banking strategy, Polaris Bank recently introduced its Agency Banking Solution to serve as a vehicle to reach the unbanked and underbanked, as well as deepen financial inclusion across Nigeria. The Polaris Agency banking solution known as “SurePadi” is designed to provide convenient and easy access …

Read More »

USAID, UNITED BANK FOR AFRICA SIGN MEMORANDUM OF UNDERSTANDING TO ADVANCE THE TWO-WAY TRADE AND INVESTMENT GOALS OF PROSPER AFRICA

TUNIS, TUNISIA 06 February 2020 U.S Agency for International Development (USAID) through the Prosper Africa initiative is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa.   This partnership ensures businesses are equipped with the technical and financial …

Read More »

Federation Account revenue hits N10.2tr

By Collins Nweze The federally collected revenue, which is shared among the Federal, state and Local governments, rose by 7.3 per cent year-on-year to N10.2 trillion in 2019, a report by Afrinvest West Africa Limited has shown. According to the report, which quoted Central Bank of Nigeria (CBN) statistics, while …

Read More »