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Wema Bank has launched collateral-free SMEs’ loans to assist businesses negatively affected by the Coronavirus pandemic to grow their operations. In a statement, the bank said the product is in line zthe bank’s continued   raesponsibility to support fight against the ongoing global health crisis. The SME loan products support businesses in need of working capital finance can get up to ... Read More »

The Central Bank of Nigeria (CBN) has asked commercial banks to share their customers’ data with financial technology (Fintech) companies to increase access to financial services and provide better services to customers. CBN Director, Payment System Management, Musa Jimoh disclosed this yesterday during the virtual FirstBank FinTech Summit 4.0 held in Lagos with the theme: “How Blockchain and Artificial Intelligence ... Read More »

The Next Robotics Legend is an initiative designed by Edu360, Union Bank’s education platform, in collaboration with Awarri, a pan-African technology company, to infuse Robotics and Artificial Intelligence (AI) into the education of the Nigerian child. This stems from the realisation that the solutions to some of our most complicated problems as a nation lie in the education of our ... Read More »

The United Bank for Africa Plc (UBA), the leading pan-African financial services group, has acted as Facility Agent Bank for the Nigerian Commercial Banks in a consortium with other international banks in a $1.5 Billion Pre-Export Finance Facility for the Nigerian National Petroleum Corporation (NNPC) and its upstream subsidiary, the Nigerian Petroleum Development Company (NPDC). UBA is providing $200 million ... Read More »

 First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has announced that the 2020 edition of its annual FinTech Summit is scheduled to hold on Thursday, 6 August 2020 by 12.00 noon. The event will be virtually held via Zoom Meetings. The 2020 edition of the summit, which is the fourth in its series is themed; “How Blockchain ... Read More »

Zenith Bank Plc, Nigeria’s leading financial institution, has commenced its “Zenith Beta Life” Promo to reward customers of the Bank with gifts every week starting from 31st July 2020 to 30th July 2021. During this period, fifty (50) customers will be selected via raffle draw each week and rewarded with gifts worth NGN30,000. The Promo is open to existing and ... Read More »

Digital Transformation Leader, Globacom, has unveiled a new tariff plan that makes it possible for its subscribers to make calls to any network in Nigeria at 11 kobo per second. This is the latest in a series of moves by the telecommunications giant to give its subscribers more value for their money, especially at these trying Corona virus pandemic times. ... Read More »

 Ecobank Nigeria has unveiled a special loan package for female entrepreneurs in the country. The Ecobank Female Entrepreneurs’ Initiative (EFEI) loan is specially designed by the bank to financially empower female business owners and entrepreneurs in the country. According to Head, Consumer Asset Product, Ecobank Group, Daberechi Effiong, the EFEI loan as conceived by the bank, is targeted at boosting ... Read More »

In its continuous bid to support the growth of Micro Small and Medium Enterprises(MSME) and equip them with the necessary tools aimed at strengthening and sustaining their businesses, Pan African Financial Institution, United Bank for Africa (UBA) Plc is set to organise another MSME Workshop for entrepreneurs. The workshop which will hold on Wednesday via Microsoft Teams, will host professionals who will ... Read More »

First Bank of Nigeria Limited has offered to give financial support to Small and Medium Enterprises (SMEs) in Education Sector to cushion the effects of the COVID -19 pandemic. Mr. Bankole Adediran, Head, Transaction Banking Products, FirstBank, made this known at the Bank’s SMEConnect webinar with theme: “Managing Your School through the Pandemic: Engagement and Retention Strategies”. Adediran said that ... Read More »