The naira started Thursday’s session at the lower end of its range versus the British pound sterling and broke through the 2,000 barrier. Meanwhile, the pound hit a four-month high against the US dollar as data indicated that the UK…
By Esther Agbo In a bold move towards digital transformation, Guarantee Trust Holding Company Plc (GTCO) has announced a significant investment of N98 billion in technological infrastructure. This strategic initiative, unveiled by Group Managing Director and CEO Mr. Segun Agbaje…
…Invests over N100m in Corpreneurship Challenge No fewer than 400 fresh graduates have benefited from Unity Bank’s entrepreneurship development initiative, also known as Corpreneurship Challenge, over the past five years. This reflects the Bank’s commitment to driving economic growth by…
Access Holdings Plc has disclosed that it is set to offer 17.7 billion shares to shareholders. This as revealed it aims to achieve a profit of N10 trillion by 2027. This was disclosed by the Chief Executive Officer of Access…
By Esther Agbo First Bank, UBA, and Zenith Bank have joined Zone’s decentralised payment network, following Zone’s recent acquisition of $8.5 million in seed funding led by Flourish Ventures and TLcom Capital. This development was announced by Zone’s Vice President…
African Export-Import Bank (Afreximbank) has announced the launch of an innovative capacity development program designed to empower African corporates to capitalise on the opportunities presented by the African Continental Free Trade Area (AfCFTA). This initiative, spearheaded by Afreximbank Academy (AFRACAD)…
By Esther Agbo The Nigerian Exchange Limited (NGX) has introduced its Impact Board, a specialised platform designed for listing sustainability instruments, aiming to embed sustainability within Nigeria’s capital market. This new board was inaugurated on Wednesday during a closing-gong ceremony…
Wema Bank has said it is collaborating with the Lagos State government to address common challenges confronting cooperative societies in the state. Such challenges include poor access to loans, manual recordkeeping, inefficient communication and planning, tedious processes and insecurity of…
The naira on Monday hit three-month-low of N1,530 per dollar on the parallel market, also known as the black market, following renewed pressure on demand for the greenback by the end users. This represents 0.65 percent (N10) lost compared to…
Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for a fourth consecutive year. The bank was also named as Best Corporate Governance, Nigeria for the third year…
