Expanding Footprint- Nigeria’s FirstBank sets sights on Ethiopia, Angola, Cameroon
January 10, 2025
Tinubu Secures Multi-billion Dollar Infrastructure Funding From Islamic Bank President Bola Tinubu has pledged commitment to secure a multi-billion dollar infrastructure finance facility from Islamic Development Bank to fund a multi-sectoral portfolio of Infrastructure projects. The discussion took place after President Tinubu’s return from evening prayers on Monday night,[Read More…]
CBN says N100, N200, N1000 Banknotes remain Legal Tender indefinitely The Central Bank of Nigeria on Tuesday said that the old N100, N200, N1000 banknotes will remain a legal tender indefinitely. The Apex bank extended the Naira notes beyond the December 31, 2023 deadline issued by the former CBN[Read More…]
Five Millionaires emerge in Polaris Bank’s ongoing ‘Save & Win’ Promo Five lucky Nigerians at the weekend hit a fortune when they emerged Millionaires in the ongoing Polaris Bank Save & Win Promo. The live quarterly draw of the ongoing Polaris ‘Save & Win’ promo which took place at[Read More…]
Shareholders lauds Sterling Holdco performance, leadership Shareholders of Sterling Financial Holdings Company Plc have commended the board and management of the company for its performance in its operations and earnings, and the diversification of the group’s business lines since completing the transition to a holding company structure. A release[Read More…]
Ecobank Group Champions Intra-African Trade Growth at IATF 2023 Ecobank Group, the leading pan-African banking Group, has said it is positioned as the ‘go to’ bank for payments and trade in Africa. Eric Odhiambo, Group Executive, Corporate and Investment Banking, Ecobank Group who was speaking on the ongoing[Read More…]
Standard Chartered Bank invests over $1m towards Women in Tech Incubator Programme, Says Aderugbo The Woman in Tech, (WiT), Incubator Programme of Standard Chartered is a programme designed to help female Tech-preneurs identify, grow and bring to the market unique business ideas. Dayo Aderugbo, Head, Corporate Affairs, Brand and[Read More…]
Union Bank completes shareholding takeover, Delists from stock exchange In May, 2023, Union Bank received an offer from its core shareholder, Titan Trust Bank Limited, to acquire the shares of all minority shareholders in Union Bank after the completion of core investors’ sale of a majority shareholding to Titan Trust[Read More…]
MWUN begins Nationwide Strike over assault on NLC president, non payment of salaries The Maritime Workers Union of Nigeria (MWUN) will today, Tuesday 14, 2023, begin a nationwide strike over assault on NLC president, non payment of salaries, and non-compliance to national minimum wage. A statement sign by Head[Read More…]
Dangote refinery secures licence to refine 300,000bpd crude Africa’s richest man, Aliko Dangote, has said his refinery has secured a licence to refine more than 300,000 barrels of Nigerian crude per day and will begin to process gasoline soon. “We don’t want to start our refinery with foreign goods, we[Read More…]
Google brings generative AI to Search in Africa Google has rolled out its Search Generative Experience (SGE) in Nigeria and other Sub-Saharan African countries as an opt-in experiment in Search Labs. In a recent statement, while announcing the features, google said, AI -powered experience is available in English. The company[Read More…]