Sunday , 22 December 2024

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Nigeria Battle Rabiu BUA Cement over sudden price increase  

BUA Cement Plc, which owned by controversial billionaire Abdul Samad Rabiu has increased price of cement per bag has increased at According to Newsthumb findings the country’s second largest cement maker, over the weekend, announced a price rise from N2, 800 to N3, 000 per bag. The present surge in the price of BUA cement fuels speculation that its owner, ... Read More »

FirstBank’s SMECONNECT Platform Continues To Help Businesses Thrive

Small Medium Enterprises are the ultimate drivers of the economy, and when they are under-utilized and not given the much-needed support to thrive, it has an overriding effect on the overall growth and development of a Nation. In a demonstration of its continuous commitment to National development, FirstBank’s ‘’SMEConnect’ continues to create an atmosphere for SMEs to build, grow and scale. ... Read More »

Ecobank Nigeria To Launch Bespoke Women Empowerment Initiative, Ellevate

 All is set for the launch of “Ellevate”, a bespoke women empowerment proposition of the Ecobank Group. Ellevate is targeted at empowering women-owned, and women-focused businesses in Nigeria. Executive Director, Commercial Banking, Carol Oyedeji said the initiative which is scheduled for launch on July 7, 2021 in Lagos (Registration link https://bit.ly/3hDPHkT ), is specially designed for women in business, and businesses with ... Read More »

Fidelity Bank Receives Allied Food & Confectionery Services EXCO Members

​ L-R: The Executive Director, Lagos & South-West, Dr. Ken Opara; Managing Director/Chief Executive Officer, Mrs. Nneka Onyeali-Ikpe all of Fidelity Bank Plc, when EXCO members of Fidelity Bank led by Mrs. Onyeali-Ikpe received the Managing Director, Allied Food & Confectionery Services Limited (Franchisee of Burger King in Nigeria), Mr. Antoine Zammarieh who paid a courtesy visit to the bank in ... Read More »

Unity Bank Commits Over N30 Million To Empower NYSC Members

Nigerian lender, Unity Bank Plc. has committed over N30 million to empower National Youth Service Corps (NYSC) members through the Bank’s flagship Youth entrepreneurship development initiative known as Unity Bank Corpreneurship Challenge. The sum includes N4 million won by beneficiaries on four separate editions across four states and N10 million won by beneficiaries across the ten states in the latest ... Read More »

UBA Ahead Peers in stimulating Economic Growth in Africa Through Consumer Lending

Pan African financial Institution, United Bank for Africa (UBA) Plc has emphasized its  unwavering commitment to the support of businesses and financial inclusion in Africa through its array of consumer lending products. There has been clear evidence that credit remains a major economic stimulant and growth driver; but this has been largely inaccessible to the informal sector which dominates the African ... Read More »

GCR upgrades MTN credit ratings

Global Credit Ratings has upgraded the national scale long-term issuer rating of MTN Nigeria Communications Plc. MTN Nigeria, in a statement on Tuesday by the Company Secretary, Uto Ukpanah, said, “In addition, GCR upgraded the national scale long-term rating of the recently concluded N110bn Series 1 Senior Unsecured Bond to AAA with a stable outlook. “These represent the highest possible ... Read More »

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