Endeavor’s Global CEO, Linda Rottenberg, in a recent meeting with the Honourable Minister for Communications, Innovation, and Digital Economy. Dr. ‘Bosun Tijani, has reiterated the company’s dedication to tech innovation and entrepreneurship within the country. The meeting, held during a…
By Esther Agbo British International Investment (BII), the UK’s development finance institution and impact investor, has committed $50 million to Access Bank. This funding is part of a larger $295 million loan package arranged by FMO, the Dutch entrepreneurial development…
By Esther Agbo First City Monument Bank (FCMB) has partnered with the Rotary Club of Lagos, District 9112, to empower over 200 widows through micro-credit and skills acquisition programs. This initiative highlights FCMB’s dedication to promoting women’s empowerment and financial…
The House of Representatives Committee on Banking and Other Ancillary Institutions has charged the Asset Management Corporation of Nigeria (AMCON) to uphold accountability and efficiency in its operations. Speaking, the Committee Chairman, Hon. Eze Nwachukwu Eze on an oversight visit…
By Esther Agbo The World Bank has disbursed $751.88 million to Nigeria as part of a recently approved $1.5 billion loan. This disbursement falls under the Nigeria Reforms for Economic Stabilisation to Enable Transformation (RESET) Development Policy Financing Program (DPF)…
Jaiz Bank is set to increase its capital base to N70 billion by the end of 2024. This was as the bank restated its commitment to become the centre of Islamic banking in Africa. This disclosure was made by the…
Nigerian banks have generated approximately N30 trillion in new loans and support for the private sector over a one-year period, demonstrating their pivotal role in the country’s economic renewal efforts. According to Cordros Securities Weekly Economic and Market Report, recent…
By Esther Agbo The Securities and Exchange Commission (SEC) announced on Sunday that it is collaborating with the African Development Bank (AfDB) to advance green finance within Nigeria’s Capital Market. To support this initiative, the SEC will host a significant…
In line with its usual custom of rewarding loyalty, Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to launch the “UBA Legacy Promo” as part of activities to mark its 75th year anniversary. This landmark campaign has…
The Corporate Affairs Commission (CAC) has directed 4,173 bureau de change (BDC) operators to restructure their operations. In a statement during the week, CAC gave the BDCs three months to change their names and objects. On March 1, the Central…
