The Tony Elumelu Foundation (TEF) — Africa’s leading philanthropy dedicated to empowering African entrepreneurs — will begin accepting applications for the 2020 cohort of the TEF Entrepreneurship Programme, on January 1, 2020.    Applications are made through TEFConnect, the digital networking hub for the African entrepreneurship ecosystem, created by the Foundation.   The TEF Entrepreneurship Programme is open to entrepreneurs from across ... Read More »

…Dangote Refinery Crude …Distillation Column Equipment …Manufactured by Sinopec Company in China Dangote refinery on Sunday, December 1, 2019 took delivery of the world largest crude distillation column equipment in Lagos.  Capt Rajen Sachar, Head, Maritime and Ports Infrastructure of Dangote told newsmen during the arrival of the facility in Lagos that the equipment is the biggest single-train facility used ... Read More »

Nigeria Senate sources, speaking about the rancorous closed-door meeting yesterday have disclosed further damaging details of the outburst of Kogi State Senator Dino Melaye, including his use of the F-word on a female colleague. Yesterday, SaharaReporters published an article on how Mr. Melaye threatened and made defamatory remarks to Senator Remi Tinubu (APC Lagos Central Senatorial District) Mr. Melaye also ... Read More »

Thor represented Kogi West in the eight National Assembly and the candidate of the Peoples Democratic Party, Dino Melaye, has lost his seat at the upper chamber. He was defeated by Smart Adeyemi of the All Progressives Congress. After the rerun on Saturday, Adeyemi polled a total of 88,373 votes to dwarf Melaye who polled 62,133 votes. Earlier, the returning ... Read More »

Eional expenses can be a herculean task for many Nigerian students. In lieu of this, MTN Foundation, the CSR arm of MTN Nigeria’s top ICT Company is supporting Nigerian students to have access to quality education without worries about tuition and other associated expenses. The corporate social investment body, recently awarded scholarships to over 400 students in public tertiary institutions ... Read More »

First Bank drives economic devt with FirstGem, says CEO The Chief Executive Officer (CEO), First Bank of Nigeria Limited, Adesola Adeduntan, has said the introduction of FirstGem, a female-focused product by the bank has contributed to the development of the Nigerian economy. Speaking at the FirstGem third anniversary conference held in Lagos, the bank chief said he was delighted that ... Read More »

National Bureau of Statistics (NBS) says Ecobank Nigeria and the local unit of Standard Chartered Bank have joined Stanbic IBTC Bank to become foreign investors’ favourites for investment deals.  Details of the Bureau report showed that out of 26 banks foreign investors used to deploy foreign capital into the country, the most investment came through Stanbic IBTC Bank. The bank ... Read More »

AS part of the ongoing probe of alleged $44.9 million wire deals, the Economic and Financial Crimes Commission (EFCC) has interrogated the Chief Executive Officer of Air Peace, Mr. Allen Ifechukwu Onyema. Also, there were strong indications last night that the EFCC may watch-list a former Special Adviser/Coordinator of the Amnesty Programme Office. It was learnt that the ex-Special Adviser ... Read More »

Ecobankmobile *326# was the cynosure at the 6th AFRIMA Awards in Lagos. Stars, both local and foreign and a wide range of guest, both Nigerians and non-Nigerians attest to the unique features of the mobile banking code available in 33 countries. The *326# sing-along jingle was warm and alluring as guests were ushered into the awards venue. Ecobankmobile *326# enables ... 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 »