Access Bank debunks claims of missing funds
November 25, 2024
Union Bank, BFREE Forge Strategic Partnership to Revitalise Loan Portfolios Union Bank of Nigeria and BFREE, a cutting-edge German-Nigerian FinTech firm, have signed a Memorandum of Understanding (MOU). This agreement, according to a statement, signifies a joint commitment to addressing economic challenges and revitalising distressed loan portfolios in Nigeria[Read More…]
DPI, Verod Capital Partner to Back Management of Pan African Towers Pan African Towers (PAT), a leading digital infrastructure company based in Nigeria, has announced a strategic investment from Development Partners International (DPI), a premier investment firm focused on Africa, and Verod Capital (Verod), one of the continent’s leading[Read More…]
Dangote refinery to start with 350,000bpd crude — CEO The President/Chief Executive Officer, Dangote Group, Aliko Dangote, has said that the $20bn Dangote refinery in Lekki, Lagos would start with the refining of 350,000 barrels per day of crude oil. Dangote, who disclosed this during an interview with the Financial[Read More…]
France seeks increased trade partnership with Nigeria on Agricultural Exports The French Minister for Foreign Trade and Economic Attractiveness, Olivier Becht has said the French Government is interested in deepening trade relationship with Nigeria on agricultural exports. Becht said this at the French-Nigerian Economic Summit on Friday in Lagos,[Read More…]
Ogun gives N1bn grant to SMEs The Ogun State Government has announced a N1 billion grant for over 1,000 Small and Medium-scale Enterprises to further mitigate the effects of COVID-19 in the sector. Ogun State Government on Sunday in a statement said that the N1 billion grant was the second[Read More…]
FG welcomes Mexican investors, promises incentives The Minister of Solid Minerals Development, Dele Alake, has lauded the decision of investors from the Republic of Mexico to visit Nigeria in search of investment in solid minerals. The Minister in a statement signed by the Special Assistant to the Minister on[Read More…]
Zenith Bank unveils street Christmas light Zenith Bank has started the Yuletide season by illuminating Ajose Adeogun Street and Roundabout in Victoria Island, Lagos. According to a statement on Sunday, the light-up ceremony was performed by the Group Managing Director of Zenith Bank Plc, Ebenezer Onyeagwu, on Saturday. It[Read More…]
Alternative Bank signs multi-sector development deal with Niger State The Alternative Bank, an Africa-focused non-interest bank, has signed a multiyear deal with the Niger State government to boost the development of agriculture, transportation, energy, and infrastructural sectors in the state. Mohammed Bago, Governor of Niger State who signed the Memorandum[Read More…]
Tinubu resolves Ondo State Political Crisis President Bola Tinubu, late on Friday, waded into the months-long crisis between factions loyal to the Executive Governor, Rotimi Akeredolu, and the Deputy Governor, Lucky Aiyedatiwa. Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale revealed this in a[Read More…]
Google Hustle Academy Awards 75m to 15 Nigerians SMBs in Funding Initiative Google Hustle Academy has graduated 5,300 small and medium-sized businesses (SMBs) across Africa, showcasing their commitment to enhancing their business skills and knowledge. The graduation according to a release by Google, marks a continuation of the program’s[Read More…]