First City Monument Bank (FCMB) is set to promote sustainable energy living with its loan offer of N30 million. The offer, which is available to Nigerian households and small businesses, will aid them to buy solar panels, batteries, inverters, and…
As part of efforts by the Nigeria Deposit Insurance Corporation (NDIC) to pay liquidation dividends to uninsured depositors of the failed Heritage Bank, the Corporation has announced that it will be auctioning landed properties and chattels of the defunct bank.…
By Matthew Denis Key stakeholders from Nigeria’s tourism, hospitality, and cultural sectors convened in Lagos for a pivotal validation event dedicated to Nigeria’s Draft National Tourism Policy. Hosted by the Ministry of Arts, Culture, Tourism, and the Creative Economy in…
The Federal Government’s budget deficit has risen to 7.5 per cent of the country’s Gross Domestic Product as of August 2024, reflecting a significant widening of the gap between government revenue and expenditure. A member of the Central Bank of Nigeria…
First City Monument Bank (FCMB) has boosted its energy finance loan, offering up to ₦30 million to help Nigerian households and small businesses buy solar panels, batteries, inverters, and other clean energy equipment. With up to three years of repayment,…
Access Bank Plc through its UK subsidiary has announced the official opening of its Hong Kong branch (a restricted licence bank) today. This expansion represents a key milestone in the bank’s global growth strategy and underscores our commitment to serving…
E-commerce giant, Jumia Technologies AG recorded a/ $20.1 million operating loss in Q3 2024, representing a 10 percent increase year-on-year when compared with the $18.3 million posted in the same period last year. The company reported revenues of $36.4 million,…
Ekiti State, in South West Nigeria, has issued licences to three electricity distribution companies (DisCos), four generation companies (GensCos), and two mini-grid generation companies as part of its plans to implement an off-grid electricity supply system. Governor Biodun Oyebanji made…
The Asset Management Corporation of Nigeria (AMCON) has revealed that it has discontinued litigation actions against Heyden Petroleum Limited. The agency in a statement on Tuesday made this known in response to media controversies regarding the status of Heyden in…
Zenith Bank Plc has assured its teeming customers of exceptional service delivery and improved customer experience following the successful completion of its Information Technology Infrastructure Upgrade. In a statement made available to Nigerian NewsDirect, the Group Managing Director/Chief Executive of…
