To provide training on accessing foreign markets to participants. Towards developing the capacity of entrepreneurs in the fashion industry and diversifying Nigeria’s foreign exchange earning capacity, leading financial institution, Fidelity Bank Plc, has announced its sponsorship of the Anambra Fashion…
A Nigerian financial management and payments platform, Kippa announced Monday it has raised $8.4 million in a new financing round. The round included participation from global investors, including Goodwater Capital, TEN13 VC, Rocketship VC, Saison Capital (the venture arm of Credit…
Heritage Bank Plc has announced the appointment of Akinola George-Taylor as its acting Managing Director. The appointment follows approvals from the Board of Directors of Heritage Bank and the Central Bank of Nigeria. The bank in a statement noted that…
The National Pension Commission (PenCom) says it has approved the acquisition of Access Pension Custodian Limited by First Pension Custodian Limited. FBN Holdings Plc, had through its subsidiary First Pension Custodian Limited, agreed with Access Bank Plc to buy out…
Ecobank Trans national Incorporated (ETI), the parent company of the Ecobank Group, on Monday announced that the current Group Chief Executive Officer, Ade Ayeyemi, will retire after he attains the age of 60, in accordance with ETI policy. The Board…
First Bank of Nigeria has informed its customers that the Personal Travel Allowance (PTA) and Business Travel Allowance (BTA) will now be transferred to the FirstBank Travel Card. This was disclosed in an email titled “Updates on FX Purchase.” The…
GTBank has announced that its UNILAG branch will cease operation for at least six months following the outbreak of fire in the building. The bank announced this in a mail to customers, apologising for the inconvenience the closure might cause.…
In a move to further reduce dependency on cash transactions, stimulate innovation and drive the growth of digital payments in Nigeria, ProvidusBank together with Mastercard, Interswitch and Thales Group, today announced the introduction of a new Tap-to-Pay service. The service…
By Philemon Adedeji Nigerian Equities Market cleared previous day loss to close in the green zone as the key market indicator went up by 52.52 basis points. The NGX All-Share Index increased up by 0.11 per cent to close at…
United Bank for Africa Plc has released its interim consolidated and separate financial statement for the period ended June 2022. The report shows that the bank raised its profit in the first half of the year by 16 per cent…
