Over N60 billion from erring banks has been recovered from excessive charges imposed on customers by the Central Bank of Nigeria (CBN) CBN further noted that of the recovered money have been processed and returned to affected customers The bank further announced that it had commenced the processes for 10million jobs creation in the next … Read more
From the last decade to date, Africa has witnessed an upsurge of creativity in the areas of Arts, Fashion, Music and Film. It becomes imperative to introduce a platform that will serve as a springboard to help launch these creative minds to the rest of the world. Access Bank through the Avant-Garde series on CNN has taken … Read more
Ringier Africa Digital Publishing in Nigeria is one of the seven news organisations that won the Google News Initiative (GNI) innovation challenge and among those to receive $1.93 million in funding. The countries that were awarded were Côte d’Ivoire, Ghana, Kenya, Nigeria, Rwanda and South Africa Mr Taiwo Kola-Ogunlade, Google Communication Officer, West Africa, said … Read more
World Bank on Wednesday approved $2.2billion loans for six projects to support Nigeria’s development priorities. The bank explained that the approved programme of support in the fiscal year 2020 included Immunisation Plus and Malaria Progress by Accelerating Coverage and Transforming Services (IMPACT). The projects will strengthen health systems to deliver effective primary health care and … Read more
The Nigerian Communications Commission (NCC) and the Nigerian Postal Service (NIPOST) have agreed to sign a Memorandum of Understanding (MoU) on an e-fulfillment centre for e-services, e-commerce, e-governance and e-agriculture. The two organisations agreed on this during a courtesy visit by the NIPOST management to the NCC’s headquarters on Wednesday in Abuja. The Post Master … Read more
Managing Director, Ecobank Nigeria, Patrick Akinwuntan says the Ecobank Agribusiness Summit was an initiative to create a common platform that brings together partakers in the Agric value chain, be it producers, processors, logistics entrepreneurs, insurance practitioners and others within the sector to think a better approach to agriculture sustainability for Nigeria. The bank Managing Director … Read more
President Donald Trump said Tuesday that he wants to avoid policies that make it difficult for other countries to do business with the United States — even as his administration has done precisely the opposite. Trump has imposed tariffs on billions of dollars in goods and launched disputes with most key US trading partners over … Read more
Experts from the leading end-to-end financial solutions provider, Stanbic IBTC Holdings PLC, a member of Standard Bank Group, will be sharing insights at the 2020 edition of the Social Media Week (SMW) in Lagos. The event is scheduled to hold at the Landmark Centre, Lagos, from Monday, February 24 to 28. SMW Lagos, heading into … Read more
Stanbic IBTC Capital Limited, a subsidiary of the Stanbic IBTC Holdings PLC, has established a ₦300 billion Domestic Bond Programme for the African Export-Import Bank (Afreximbank). The signing ceremony which held at Eko Hotel & Suites, marked the official kick-off of the initiative. Afreximbank, a multi-product partner of Stanbic IBTC and the Standard Bank Group, … Read more
The Federal Government has promised to empower 35 creative firms with N7 billion in order to enhance the growth of the industry. Ekohotblog Understands that the Minister of Finance, Budget and National Planning, Zainab Ahmed, who disclosed this at the Greeners Business-to-Business Annual National Economic Dialogue 2020 held in Abuja explained that the initiative was … Read more
9mobile has announced the appointment of SBI Media Limited as its official media agency. SBI Media, whose appointment starts with immediate effect, emerged as a result of its vibrancy, creativity, teamwork and resilience. With this appointment, SBI Media now takes responsibility for charting all media-related creatives of planning, buying and other relevant activities for 9mobile. … Read more
Lagos State Government says its Eko City Farmers’ Market would upgrade the agricultural supply value chains in the State by connecting all the value chains with their markets. The State Commissioner for Agriculture, Prince Gbolahan Lawal who disclosed this in Lagos over the weekend noted that the Eko City Farmers’ Markets is a platform where … Read more
Fidelity Bank Plc has expanded the scope of the Fidelity Youth Empowerment Academy (YEA) to accommodate new areas of vocational training. The bank in strategic partnership with Gazelle Academy started the seventh edition of the YEA at the Sokoto State University (SSU), Sokoto. Apart from the training on tailoring and make-up, participants will also be … Read more
Transnational Corporation of Nigeria Plc (Transcorp) has announced significant appointments to its Board and Executive Management. Transcorp is Nigeria’s leading listed industrial holding company, whose interests include Transcorp Power, Nigeria’s largest power generator, Transcorp Hotels, owner of the iconic Transcorp Hilton, and significant upstream oil and gas assets. Meet the new appointees. Owen Omogiafo has been … Read more
The Federal Government of Nigeria has made a profit of $504.44 million from crude oil and gas exports in 2019. According to statistics released, by the Nigerian National Petroleum Corporation (NNPC) in its Monthly Financial and Operations Report for November 2019, NNPC stated that the amount earned from oil and gas export in the month … Read more
Keystone Bank Limited has re-emphasised its commitment to the growth and development of the Africa’s creative industry as the lender recently partnered with the African Export-Import Bank (Afreximbank) and other multilateral agencies to host the maiden edition of the Creative Africa Exchange Weekend (CAX WKND) in Kigali, Rwanda. According to the organizers, the Creative Africa … Read more
Tony O. Elumelu, CON, has congratulated the African Development Bank (AfDB), and AfDB President Akinwumi Adesina, on their commitment to African entrepreneurship, with the disbursement of $2.5million seed capital to the AfDB-sponsored beneficiaries of the 2019 Tony Elumelu Foundation Entrepreneurship Programme. $2.5m was released today, with the remainder expected to be disbursed to the entrepreneurs … Read more
Uber facilitated 14 million rides a week in India last year, the American ride-hailing firm said as it claimed the tentpole position in the key overseas market. In a report (PDF) published on the sidelines of its quarterly earnings Thursday afternoon, Uber said that it commanded over 50% of the ride-hailing market in India — … Read more
As part of its initiative to continuously encourage female entrepreneurs in the country, Ecobank Nigeria last week in Lagos trained over 140 female business owners on digital marketing skills in its state-of-the-art Academy. The empowerment programme organized by Ecobank Female Entrepreneurs’ Initiative (EFEI) drew participants from Lagos and its environs. EFEI program which was launched … Read more
The Managing Director/Chief Executive Officer of First Bank Nigeria Plc, Mr Adesola Kazeem Adeduntan, has pledged that the bank will support and partner Osun in Mining in order to create more employment opportunities and to help diversify the economy of the State. Adeduntan made this known at a meeting between the First Bank of Nigeria … Read more