Business

Power Sector Debts: FG approves N3.3trn payment

Power Sector Debts: FG approves N3.3trn payment     President Tinubu has approved a phased payment plan to clear the N3.3 trillion debt to power generation and gas companies, providing a welcome relief to the affected industries. The Minister of Power, Adebayo Adelabu, disclosed this at the 8th Africa Energy[Read More…]

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FBNQuest Merchant Bank Gross Earnings Hits N35.5b

FBNQuest Merchant Bank Gross Earnings Hits N35.5b   FBNQuest Merchant Bank has despite the prevailing economic challenges, reported a robust financial performance and outlined strategic growth initiatives aimed at delivering sustainable value to its shareholders. The bank reported a strong financial performance for the year 2023, with gross earnings improving[Read More…]

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Access Bank partners Mastercard on cross-border payments for African businesses

Access Bank partners Mastercard on cross-border payments for African businesses       Access Bank Group and Mastercard have launched a unified cross-border money movement solution across various African markets, enabling businesses and consumers to send and receive international payments across more than 150 countries.     Under the partnership,[Read More…]

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Abdul Samad Rabiu Felicitates Aigboje Aig-Imoukhuede on Appointment as President of France-Nigeria Business Council

Abdul Samad Rabiu Felicitates Aigboje Aig-Imoukhuede on Appointment as President of France-Nigeria Business Council   Abdul Samad Rabiu, Chairman of BUA Group and pioneer President of the France Nigeria Business Council, has congratulated Aigboje Aig-Imoukhuede on his recent appointment as the President of the France-Nigeria Business Council by President Emmanuel[Read More…]

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Nigeria to unveil  auto-credit scheme to boost local automobile industry

Nigeria to unveil  auto-credit scheme to boost local automobile industry The federal government has announced plans to launch an auto-credit scheme to boost the local automobile industry. Doris Uzoka-Anite, minister for industry, trade, and investment, spoke on Tuesday at a 3-day automobile conference in Lagos. Uzoka-Anite, who was represented by[Read More…]

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