CBN unveils electronic system to enhance transparency in forex market
October 4, 2024
Union Bank Pledges Improved Access to Capital for Small Businesses at BusinessDay 100 SME Conference Foremost financial institution, Union Bank of Nigeria, has reiterated its commitment to providing easy access to capital for Small and Medium-sized Enterprises in the country to boost the growth and profitability of the sector.[Read More…]
Entrepreneurs, Customers Relive experience at Polaris Bank Sponsored Fashion Souk …Shoppers and Vendors Applaud Bank as Lead Sponsor Polaris Bank, Nigeria’s premier digital retail Bank, showcased its unwavering commitment to supporting MSMEs by taking center stage as the headline sponsor of the recently concluded two-day Fashion Souk in[Read More…]
Nigerian Breweries Chairman, Ighodalo resigns position to pursue political career Asue Ighodalo has announced his resignation as the Chairman, Board of Directors of the Nigerian Breweries Plc to pursue his governorship ambition in Edo State. Ighodalo had informed the board during a meeting on 7 December, 2023 of his[Read More…]
Transcorp Power Restates Commitment to Sustainable Development Transcorp Power Limited, one of the power subsidiaries of indigenous conglomerate, Transnational Corporation Plc has restated its commitment to sustainable development as it marked its 10th anniversary. Transcorp Group on Sunday said the power firm had been borne out of a desire[Read More…]
Dangote Cement inducts graduate trainees Dangote Cement Plc has inducted 81 trainees in its Graduate Trainee Programme to boost employment in the country. In a statement, the company said the move underscored the company’s ongoing commitment to fostering employment opportunities within the country. The company said the programme had seen[Read More…]
IMF says Nigeria not Generating Enough Revenue to Support Developmental Needs International Monetary Fund has said that Nigeria is not earning enough revenue to support its developmental needs. IMF explained that the country’s nine per cent revenue to Gross Domestic Product ratio is very low and not enough to[Read More…]
NECA calls for urgent action to arrest growing unemployment rate The Nigeria Employers’ Consultative Association (NECA) has raised alarm at the growing rate of unemployment in the country, with attendant negative consequences for security and household survival. The Director-General of the Association, Adewale-Smatt Oyerinde stated in Lagos that “we[Read More…]
Fidelity, Zenith, Access makes list of most Capitalized Banks in Q3 2023 Leading financial institution, Fidelity Bank, has been listed as one of most capitalized banks in Nigeria based on Q3 2023 financial results. According to an article published in Thisday newspapers, the bank reported a capital base of N410.75 billion as[Read More…]
Polaris Bank pledges support for infrastructure development in Ogun State Polaris Bank, Nigeria’s leading digital retail Bank has pledged to support the development of high-impact sectors including road infrastructure, housing, education, healthcare and agro processing in Ogun State. The Managing Director/CEO of Polaris Bank, Mr. Adekunle Sonola, stated this[Read More…]
Tinubu appoints Lokpobir Chairman Board of NCDMB, others as Management Team President Bola Tinubu has approved the appointment of the State Minister of Petroleum, Senator Heineken Lokpobiri as chairman of the Nigerian Content Development and Monitoring Board (NCDMB). The president also appointed eight other Nigerians as part of the[Read More…]