Governor Seyi Makinde of Oyo State has solicited the support of the government of United States ( U.S . ) in its four cardinal programmes for the advancement of the state ’ s economy. Makinde, who stated this while receiving delegates from U .S . Consulate -General , Lagos State, at the Executive Chamber, Secretariat … Read more
Nigerian Institute of Management (NIM) has elected Mrs. Pat Anabor, its first and only female Registrar/CEO as the 22nd President of the institute. An accomplished and renowned librarian, Anabor until her election the Deputy President is among the new principal officers to run the affairs of the institute for the next two years (2019 – … Read more
Chairman Of Dangote Group Plc, Aliko Dangote has assured that he will spread wealth and tackle poverty through his business Investments. He also urged Nigerians not to lose hope in the country. The richest man in Africa spoke in response to the commendation by winners in the ongoing extended Dangote Cement bag of Goodies National … Read more
In order to secure more deals and achieve their set goals this year, over 120 ships have been recycled in the third quarter of 2019. According to a report by No Shipbreaking Platform , about 73 ships were sold to the beaches of South Asia for dirty and dangerous breaking, amid several fatalities . However, … Read more
The Nigerian Content Development and Monitoring Board has made preparations to enforce policies that will ease the participation of women in business activities in the oil and gas industry. The Executive Secretary of NCDMB, Simbi Wabote, who stated this at the close of a workshop organised for women in the oil and gas industry in … Read more
The Federal Government has put in place structures aimed at implementing sound management of chemicals ( SMC) ahead of the international conference in Germany by 2020. The Minister of Environment, Dr . Mohammad Abubakar , disclosed this during a workshop organised by the Federal Ministry of Environment and the United Nations Environment Programme ( UNEP) … Read more
Solpia Nigeria Limited, makers of X-pression hair attachments, has called on the Federal Government to rescue the company from collapsing as fake products and port congestions were negatively affecting the survival of the company. The company revealed this while reacting to an exclusive report by ekohotblog.com on the mass sacking of the company’s employees earlier … Read more
Nigeria has finally received $3bn loan from World Bank for the expansion of the transmission and distribution networks in the power sector. The approval of the request was given after a series of meetings held between the officials of the Federal Government led by the Minister of Finance Zainab Ahmed and officials of the World … Read more
Access Bank’s expanded digital lending portfolio, which gives Nigerians quick and 24/7 access to funds for emergencies without any collateral, has hit a record N1billion daily in loan value. According to Victor Etuokwu, Executive Director, Retail Banking, Access Bank Plc, “We are at the forefront of digital lending across the continent. This is a deliberate … Read more
The Central Bank of Nigeria (CBN) on Thursday issued regulatory guidelines for the operation of Indirect Participants in the Payments System, with effect from Nov. 11. The apex bank made this known in a circular issued by CBN’s Director, Payments System Management Department, Mr Sam Okojere, to banks. The Indirect Participants are payments service providers … Read more
The Federal Government on Friday in Abuja signed a €70million financing bilateral agreement with the Republic of Germany. The agreement was on sustainable economic development, renewable energy, polio eradication, internally-displaced persons and host communities in northern Nigeria, education, peace and security. At the signing ceremony, Minister of State for Budget and National Planning, Prince Clem … Read more
United Bank for Africa (UBA) Plc and the Lagos Chamber of Commerce and Industry(LCCI), have assured small medium enterprises (SMEs) that the 2019 Lagos International Trade Fair will bring far reaching benefits that will help transform their businesses and take it to the next level. UBA’s Head Group Consumer Retail Business, Mr. Jude Anele gave … Read more
The board of Unity Bank Plc has announced Wednesday, October 16, 2019, as the date for its 13th Annual General Meeting (AGM), a notice from the lender has said. It was stated that the shareholders’ meeting will take place on that day by 10am at the Shehu Musa Yar’Adua Centre in Abuja. Read More: Musician … Read more
In order to connect to evolving consumers, Hollandia Evap Milk, one of Nigeria’s leading evaporated milk brands, has unveiled a new attractive pack design. The new packaging, shows the nutritious benefits of Hollandia Evap Milk, as well as other striking features to connect with consumers. Evident in the new pack design are the brand’s royal … Read more
The United Bank for Africa (UBA) Plc Thursday announced that the services of its Chatbot, Leo, is now available for customers on Apple Business Chat, where its users can communicate directly with businesses using the Messages app on iPhone and iPad. The Group Managing Director, UBA, Mr. Kennedy Uzoka, while speaking at a ceremony held … Read more
To ensure that every Nigerian has access to financial services, Access Bank says it aims to grow its customer base from the current 31 million to 65 million customers by 2022. This is coming on the heels of its Awoof Berekete launched to promote its Access Money Wallet account service. Speaking with the media in … Read more
Keystone Bank Limited has entered into partnership with social media giant, Facebook (Rabbington Media) and Google (Innovation Growth Hub) to train entrepreneurs and self-employed individuals on how to leverage digital social media to achieve their business goals. The training took place in various states of the country, such as; Lagos, Benin, Enugu and Onitsha, Abuja … Read more
As another school year beckons, Stanbic IBTC Bank PLC, a member of Stanbic IBTC Holdings PLC, has introduced a suite of educational payment products that will ease the burden of school fees which parents and guardians have to bear. Stanbic IBTC Bank PLC, being a Nigerian bank, specifically developed the educational products, taking cognisance of … Read more
-IMF Executive Board announces nomination for the position of Managing director which closes September 6 and selection process will be concluded October 4. The Executive Board of the International Monetary Fund (IMF) has said that no more age limit for the position of Managing Director. The IMF also announced that nominations for the position … Read more
Access Bank Group’s audited H1 results released to the Nigerian Stock Exchange (NSE) on Thursday showed Gross Earnings of N324.4 billion, up 28% from N253.0 billion in the corresponding period of 2018. The growth in gross earnings was driven by 46% increase in interest income on the back of continued growth in the Bank’s core … Read more