BoI Ag. CEO, Waheed Olagunju The Bank of Industry (BoI) and Ecobank Transnational Incorporated, have signed a memorandum of understanding on promoting financial inclusion. The partnership between the two banks is a roll out of an Africa-wide financial inclusion programme, initiated by Ecobank, to address lack of inclusive growth on …
Read More »Bello commends Dangote for donating rice,wheat, sugar to IDPs in Abuja
The FCT Minster, Malam Muhammad Musa Bello has commended the Dangote Foundation for donating food items to the Federal Capital Development Authority (FCTA) for onward delivery and distribution to Internally Displaced Persons (IDPs) and other vulnerable people in the Federal Capital Territory. The Acting Secretary of the Social Development Secretariat, …
Read More »Fitch affirms GTBank’s rating at B+ with Stable Outlook
GTBank MD, Segun Agbaje Guaranty Trust Bank remains one of the top two rated Banks in Nigeria as shown by the recently released Rating Report by Fitch, a global rating agency. Fitch revised the Outlook on the Bank’s Long term Issuer Default Rating (IDR) from Negative to Stable citing the Bank’s continuing strong earnings, and stronger-than-expected …
Read More »Aisha Buhari, Dolapo Osinbajo and Tony Elumelu sign Women Empowerment Initiative
Tony Elumelu Leading African businessman and philanthropist, Tony O. Elumelu CON joined the First Lady of Nigeria, Mrs. Aisha Buhari and wife of the Vice President of Nigeria, Mrs. Dolapo Osinbajo at a forum and exhibition on Nigerian Women in Export which was held in Abuja. Themed ‘Achieving Zero Oil …
Read More »Fitch affirms UBA’s Viability Rating as Agusto Upgrades Rating to “Aa”
– UBA stock now best performing on the exchange Fitch International, one of the foremost global rating agencies has affirmed United Bank for Africa (UBA) Plc’s viability rating at “B”, as the pan-African banking group continue to sustain its benchmark asset quality and strong profitability amidst industry and macroeconomic challenges. …
Read More »Fitch affirms FirstBank’s Stable Outlook on Viability Ratings
… As The Bank targets expansion with Agency Banking Fitch, a global leader in credit ratings and research on Monday affirmed the Viability Ratings (VR) for FirstBank of Nigeria Limited at “B” even as the lender ranks above its peers in terms of earnings generation and remains the biggest and …
Read More »Diamond Bank partners SME100 to boost MSMEs’ capacity
As part of its commitment to building and supporting economic growth and development in the country, Diamond Bank, in partnership with SME100, has rolled out strategic capacity development programmes that would boost the productive strength of Micro, Small and Medium scale Enterprises, MSMEs. The Bank’s Chief Executive Officer, Uzoma Dozie, …
Read More »Rise of disruptive technologies vital to Nigeria’s GDP – Airtel
L-R, Vice President, Network Operations, Airtel Nigeria, Adedoyin Adeola; Country Manager, Google Nigeria, Mrs. Juliet Ehimuan-Chiazor with Managing Director, Rack Centre, Ayotunde Coker at the Nigeria International Technology and Exhibition Conference (NITEC) held at Victoria Island, Lagos on Thursday. Leading telecommunications services provider, Airtel Nigeria, has said disruptive technologies can …
Read More »Airtel announces short code for ‘Do Not Disturb’ service
Leading telecommunications services provider, Airtel Nigeria, has announced its ‘Do not Disturb’ short code, 2442, designed to empower customers in respect to the management of all promotional messages sent to their lines. The self-service platform allows customers to either opt-in or out of the ‘Do Not Disturb’ service, thereby empowering telecoms consumers …
Read More »Dangote Refinery to save Nigeria $7.5bn annually —Dangote
Dangote Petrochemicals and Refining Company said it would save Nigeria $7.5 billion annually when its ongoing projects are completed in first quarter of 2019. Speaking to journalists at the weekend during an onsite facility tour of the projects situated at Lekki Free Trade Zone, Lagos, the President of Dangote Group, …
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