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 »
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 »
Zenith Bank Plc has been ranked as the Number One Bank in Nigeria by Tier-1 Capital in the 2021 Top 1000 World Banks Ranking published by The Banker Magazine. For the third consecutive year, the bank retained its position as the number one Tier-1 bank in Nigeria with a Tier-1 Capital of $2.64 billion, emerging as the 454th bank globally ... Read More »
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 »
Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu, will on Thursday, 1st of July, make a public presentation of a reviewed Tourism Master Plan and a Tourism Policy to guide the activities of the State Government and stakeholders in the sector on all tourism related activities in the State for the next couple of years. The public presentation of the reviewed ... Read More »
There have been calls for more investments in the African Continental Free Trade Area (AfCFTA) agreement to boost the African economy. At a recent virtual conference organised by the African Public Relations Association (APRA), an expert on trade and finance, Mr. Jesuseun Fatoyinbo, Head of Trade, Transactional Products and Services at Stanbic IBTC Holdings PLC, highlighted the benefits of increasing ... Read More »
Sterling Bank Plc. in partnership with StearsData, has released an in-depth report for the agriculture sector in Nigeria. The report titled Agriculture Industry Report 2021 provides the most up-to-date view of the challenges and opportunities in Nigeria’s agriculture sector in a COVID-19 era. The four-part report critically examines the country’s agriculture value chain state, state of affairs post-COVID-19, the climate ... Read More »
At the end of the trading session today, the NGX Banking Index posted a profit of +0.18%, opposing the significant loss posted at the last trading session of (-3.12%), putting the index point at 350.36. The market saw 2 gains, 5 stalemates, and 3 losses. Wema Bank posted a profit of +5.45%, posting a price at N0.58 from its previous ... Read More »
Photo 1 – (L-R) Korede Demola-Adeniyi, Head , Consumer Banking, Ecobank Nigeria; Linda Ikeji, Blogger and Initiator, Selfmade Woman Conference; Carol Oyedeji, Executive Director, Commercial Banking, Ecobank Nigeria; and Founder, House of Tara, Tara Fela-Durotoye at the Linda Ikeji’s Self-made Woman Conference in Lagos sponsored by Ecobank Nigeria Photo 2 – (L-R) Titi Olarinde, Head of Branch network; Ibukun Oyedeji, Chief Financial Officer ... Read More »
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