Access Bank Plc, EIB Partner To Empower SMEs, Women Through €50 Million Facility Access Bank Plc and the European Investment Bank (EIB), on Thursday, signed a memorandum of understanding, to deploy the long-term financing of 50 million euros, aimed at boosting the financial inclusion of young people and women[Read More…]
Tinubu appoints Olasupo Olusi, World Bank economist, as BoI CEO President Bola Tinubu has appointed Olasupo Olusi, a World Bank economist and development finance expert, as the new managing director and chief executive officer (CEO) of the Bank of Industry (BoI). Ajuri Ngelale, special adviser to the president, in a[Read More…]
Tinubu Appoints New PTDF Executive Secretary/CEO President Bola Tinubu has appointed Ahmed Aminu as the Executive Secretary and Chief Executive Officer of the Petroleum Technology Development Fund (PTDF). He is to serve for a term of four years in the first instance, presidential aide Ajuri Ngelale said in[Read More…]
Polaris Bank Partners Millwater on stable Power Delivery to Industrial Clusters Photo Caption: From:L-R; Lagos Deputy Governor, Dr. Obafemi Hamzat; Vice President, Kashim Shettima; Ogun State Governor, Prince Dapo Abiodun; Executive Director Polaris Bank, Chinwe Iloghalu and Deputy Managing Director, Wema Bank, Wole Akinleye at the Agbara Business Roundtable,[Read More…]
Houston, Texas gears up for Fidelity Bank’s FITCC Trade Expo All is now set for the Fidelity International Trade and Creative Connect (FITCC) billed for Houston, Texas in the United States of America. Labeled as FITCC Houston, the second edition of the international expo will take place from the 24th[Read More…]
Foreign investments into telecoms dropped by 77% Foreign investments into Nigeria’s telecommunication sector fell by 77.35 per cent year-on-year in the first half of the year, despite the rollout of 5G services in the country. In the first six months of 2023, total capital importation into the telecoms sector was[Read More…]
Odii assumes duty as SMEDAN DG, pledges more funds for SMEs The newly-appointed Director-General of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr Charles Odii, has pledged to eliminate barriers inhibiting the growth of Small and Medium Enterprises (SMEs) in Nigeria. Odii made the pledge while assuming duty[Read More…]
How global firms are reacting to the Israel-Hamas conflict Global companies with a presence in Israel have suspended operations or asked employees to work from home as the country wages war on Hamas in the Gaza Strip. Below are some of the steps being taken by firms in industries ranging[Read More…]
Nigeria Ranks 4th On World Bank Borrowers’ List With $14.3Billion Debt World Bank has ranked Nigeria fourth position on the top 10 of its International Development Association (IDA) borrowers’ lost with $14.3 billion in debt. This was revealed in a World Bank Fiscal Year 2022 audited financial statement, which[Read More…]
NITDA opens application for N5m AI research grant for tech startups The National Information Technology Development Agency (NITDA), with the support of the Federal Ministry of Communications, Innovations and Digital Economy, has unveiled the Nigeria Artificial Intelligence Research Scheme, which provides up to N5 million in grants to tech startups[Read More…]
