FG announces plans to offset N4trn debt owed GenCos –Ministry
April 15, 2025
The Bank of England poised to raise interest rates amidst soaring inflation The Bank of England is gearing up for yet another interest rate hike. Anticipations are high that during its upcoming meeting, the bank will announce its 14th consecutive rate increase. The Bank of England looks likely to raise[Read More…]
Heirs Insurance Group launches app, others Heirs General Insurance (HGI) and Heirs Life Assurance (HLA), subsidiaries of Heirs Holdings, have launched digital channels for customers to make access easy to insurance. Chief Marketing Officer, Ifesinachi Okpagu, said the channels include a chatbot named Prince, which resolves customer’s inquiries, a[Read More…]
TikTok To Launch Its First Shopping Centre TikTok has revealed plans to launch its first shopping centre to sell goods. It is following through with recent plans to launch an e-commerce business in the U.S. TikTok made this known in a short video sharing platform. According to report, the company[Read More…]
Google partner with Verve to make digital transactions on Playstore easier for Nigerians Google has partnered with Verve, the largest domestic card scheme in Africa, to make digital transactions on Google Play Store easier and more accessible for Nigerians. In a release, google said as of today, Nigerians can use[Read More…]
CBN promises to tackle forex pressure Folashodun Shonubi, Acting Governor of the Central Bank of Nigeria, pledged to tackle the mounting exchange rate pressure as the naira witnessed a decline against the dollar. Shonubi made this commitment during a press interaction after the two-day Monetary Policy Committee in Abuja. Within[Read More…]
CBN promises to tackle forex pressure Folashodun Shonubi, Acting Governor of the Central Bank of Nigeria, pledged to tackle the mounting exchange rate pressure as the naira witnessed a decline against the dollar. BusinessDay reports that Shonubi made this commitment during a press interaction after the two-day Monetary Policy[Read More…]
Ecobank, wins coveted Euromoney award as Africa’s Best Bank for SMEs Ecobank, the leading pan-African Banking Group, has been named Africa’s Best Bank for SMEs (small and medium-sized enterprises) by the prestigious Euromoney Awards for Excellence for the second year running, having also won the accolade in 2022. [Read More…]
Coca-Cola, MTN Foundation, British Council, Microsoft, others Unveil as Partners for Africa Social Impact Summit 2023 The Sterling One Foundation and the United Nations Nigeria, co-conveners of the Africa Social Impact Summit 2023, have officially unveiled partners for the second edition of the Africa Social Impact Summit. The[Read More…]
Top 5 Zoho platforms helping businesses thrive in Nigeria By Kehinde Ogundare Nigeria, one of the world’s fastest-growing economies, boasts a thriving business ecosystem characterised by its dynamism and resilience. Nigerian enterprises are widely recognised for their tenacity and relentless pursuit of global competitiveness. A report by McKinsey[Read More…]
“Ecobank’s Single Market Trade Hub is a Game Changer for SMEs in Nigeria” – Kola Adeleke Ecobank has called on Small and medium Enterprises (SMEs) as well as large businesses in the country to onboard on its Single Market Trade Hub which was launched recently. The Ecobank Single Market[Read More…]