Expanding Footprint- Nigeria’s FirstBank sets sights on Ethiopia, Angola, Cameroon
January 10, 2025
Sterling Bank Accelerates Nigeria’s EV Race With Qore Nigeria’s leading commercial bank and one of Africa’s fastest-growing companies, Sterling Bank, has changed the course of Nigeria’s energy and transportation sectors with the launch of Qore; its suite of renewable energy-powered transportation solutions. A statement by the bank said, Qore will[Read More…]
ITF to empower youths The International Training Fund (ITF) has reaffirmed its commitment to escalate the provision of skills to youths to compete globally. Worried over the level of the youth who are migrating for greener pastures abroad, ITF said Nigeria must make the best use of them to[Read More…]
Turkey, UK hike interest rates Turkey’s central bank on Thursday delivered a large interest rate hike. This signaled a shift toward more conventional economic policies to counter sky-high inflation. It came at the bank’s closely watched first interest rate-setting meeting since Erdogan appointed two internationally respected officials to lead[Read More…]
Hyde Energy inaugurates LPG facility An indigenous energy trading company, Hyde Energy Limited, has inaugurated a new Liquefied Petroleum Gas (LPG) facility in Makurdi, the Benue State capital. The facility, with a capacity of 40MT, is expected to create jobs and boost the economy of the state, is located[Read More…]
Tinubu signs New Global Financial Pact for investment in Paris President Bola Tinubu has signed the New Global Financial Pact in Paris, France, after visiting the European country for a summit that bares a similar name to the agreement. The New Global Financial Pact was drafted to prioritise vulnerable countries[Read More…]
IATA clarifies int’l airfares in Nigeria The global trade association of airlines : International Air Transport Association (IATA), yesterday offered clarifications on the effect of fluctuating exchange rate on international flight tickets sold in Nigeria. The global body said air fares are not determined by it , but[Read More…]
CBN urges tertiary institutions to embrace e-Naira The Central Bank of Nigeria (CBN) has urged students and management of tertiary institutions in the country to adopt e-Naira for payment of tuition fee, salary and other transaction. The Assistant Director, CBN Ekiti State branch, Mr. Ayodeji Adeboboye gave the[Read More…]
Paris Summit: Nigeria ready for business, says Tinubu President Bola Ahmed Tinubu, on Thursday, said Nigeria is ready for business, and assured investors that the country is ready to welcome them. President Tinubu gave the assurance on Thursday in Paris, France when he received President and Chairman of the[Read More…]
Firstbank wins Financial Institution of the year First Bank of Nigeria Limited, Nigeria’s premier banking institution and leading financial inclusion services provider, has won the Financial Institution of the Year Award at the African Export-Import Bank (Afreximbank) Pan African Business and Development Awards. The ceremony marked the 30th anniversary of[Read More…]
Ecobank Reaffirms Commitment To Empowering Youths for Agribusiness Development The Managing Director and Regional Executive, Ecobank Nigeria, Bolaji Lawal has reiterated the bank’s commitment to supporting any investment that will stimulate the growth of Nigeria’s economy and transform the opportunities in Nigeria into business and empowerment for the youth.[Read More…]