UBA Gets $100m Fund to empower women led SMEs The African Guarantee Fund (AGF) and United Bank for Africa (UBA) has signed a partnership that ensures that UBA provides $100 million in new loans to Small and Medium Enterprises (SME) and business owners across the 20 African countries where[Read More…]
Jandor says Bode George no longer member of PDP The Peoples Democratic Party (PDP) governorship candidate for Lagos State in the 2023 election, Abdulazeez Olajide Adediran, popularly known as Jandor, has clarified his earlier stance of suspending Chief Bode George from the party. Bode George was a former deputy[Read More…]
Electricity workers picket headquarters of Kaduna Disco, demand seizure of company licence The licence of Kaduna Electricity Distribution Company (KAEDC) should be withdrawn, according to protesting workers who have already picketed the entrance of the company. The workers, under the aegis of the National Union of Electricity Employees (NUEE),[Read More…]
Chudi Offodile takes over Bashir Jamoh as Acting NIMASA DG Chudi Offodile has taken over the affairs of the Nigerian Maritime Administration and Safety Agency (NIMASA, as the Executive Director, Finance and Administration from the outgoing DG, Bashir Jamoh. Jamoh’s tenure ended on March 10, 2024. In a statement[Read More…]
TCN Transmission vandalized for the fifth time in 4 weeks The Transmission Company of Nigeria (TCN) has reported a destruction of its infrastructure -the Shiroro-Katampe 330kV transmission line which makes it the fifth time the incident has occurred since February. A statement by the company said that the latest incident[Read More…]
Edo Assembly says Shaibu will be served impeachment through substituted means Deputy Governor of Edo State, Philip Shaibu, will be served impeachment notice via substituted means, according to the assembly. The Speaker of the Edo State House of Assembly, Blessing Agbebaku, announced this during plenary on Monday.[Read More…]
IWD: BOI empowers women entrepreneurs with $6.02m The Bank of Industry (BOI) has supported women entrepreneurs with the disbursement of $6.02 millon to help empower them in their businesses. Managing director, BoI, Dr. Olasupo Olusi disclosed this at the weekend during the BoI International Women’s Day 2024 with the[Read More…]
Electricity Firms Calls on FG to settle N100 billion debt Association of Nigerian Electricity Distributors, is calling on the Nigerian government to settle the N100 billion electricity outstanding debt that is being owed by the firm. Sunday Oduntan, Executive Director of the Association stated this in an interview with[Read More…]
International Women’s Day: Union Bank Advocates for Inclusivity, Female Empowerment Union Bank of Nigeria has re-emphasised its advocacy for an equitable and inclusive society devoid of biases, stereotypes, and discrimination. This assertion was recently made at a special event hosted by the Bank to commemorate this year’s International Women’s[Read More…]
FX reforms paying off as overseas remittances swell by over 400% says CBN On Thursday, the apex bank said overseas remittances into the country rose to $1.3 billion in February compared to $300 million in the preceding month. The bank’s acting Director, Corporate Communications Department, Mrs. Hakama Sidi Ali,[Read More…]
