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…
By Seun Ibiyemi The Chartered Institute of Transport Administration of Nigeria (CIoTA) has announced its plans to host the 6th National Transport Conference and Annual General Meeting (AGM) on November 12-13, 2024, at the Nicon Luxury Hotel, Abuja. This event…
In a move to strengthen Africa’s agricultural sector, Afreximbank, the African Continental Free Trade Area (AfCFTA) Secretariat, and the World Food Programme (WFP) have signed a three-year Memorandum of Understanding (MoU) to support African farmers, agro-processors, and commodity traders with…
By Seun Ibiyemi Nigeria’s maritime and blue economy sector is set to get a significant boost following the development of the National Blue Economy strategy, which will serve as a roadmap for sustainable development of the sector. Speaking at the…
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has introduced an SME card to deepen customer value and empower entrepreneurs. This move further reiterates its unwavering commitment to increase its investment in cutting edge technology and training to support…
