PenCom issues new directive to Pension operators
May 23, 2025
In a move towards fostering gender equality, inclusiveness and economic empowerment, Polaris Bank has announced the disbursement of business support loans to female-owned businesses in the first quarter of 2023. This is part of the Bank’s commitment to supporting women and female-owned businesses through the provision of soft loans. [Read More…]
Ecobank Transnational Incorporated (“ETI”), the parent of the Ecobank Group, the leading pan-African bank with a presence in 35 African countries, held its 35th Annual General Meeting (AGM) and an Extra Ordinary General Meeting, yesterday in Lomé, Togo. At the meeting, shareholders approved the accounts and the[Read More…]
The adoption of the Fifth Generation (5G) network is fast expanding as MTN disclosed that it has activated over 700 sites across 13 cities since its launch in August 2021. Connected cities, according to MTN, include Lagos, Abuja, Port Harcourt, Kano, Owerri, Ibadan, Maiduguri, Abeokuta, Ife, Warri, Enugu, Ife and[Read More…]
MTN Nigeria, in partnership with Pan-Atlantic University (PAU), has commenced second edition of MTN Media Innovation Programme (MTN-MIP-2) with 20 professionals. The programme is part of the telecoms company’s drive to provide learning opportunities for best practices in the industry. MTN said of the almost 3,000 media professionals that applied,[Read More…]
Wema Bank, the leading innovative bank in Nigeria, has announced the launch of its flagship capacity-building programme for small and medium-sized enterprises (SMEs) in Nigeria – the Wema SME Business School 5.0. The programme aims to equip SME business owners and entrepreneurs in Nigeria with the necessary skills and knowledge[Read More…]
Nigeria’s leading financial institution, Sterling Bank, in conjunction with the Africa Agriculture and Trade Investment Fund (AATIF), is set to promote environment-friendly agriculture businesses by lending the sum of $15 million to sustainable and renewable energy-powered Agric enterprises. The $15 million medium-term facility from the Africa Agriculture and Trade Investment[Read More…]
Photo Caption: Middle: Managing Director/Chief Executive Officer, Fidelity Bank Plc and recipient of the Banker of the Year 2022 award, Mrs. Nneka Onyeali-Ikpe flanked by (L – R): Executive Director, South, Fidelity Bank Plc, Mrs. Pamela Shodipo; Managing Director, Graviti Hill Ltd, Dr Ken Onyeali Ikpe; former Governor of[Read More…]
The Central Bank of Nigeria says the Bank Verification Number (BVN) issued in Nigeria remains for life and has no expiry date, as reported by a national newspaper. Its Acting-Director, Corporate Communications, Alhaji Isa Abdulmumin said this in a statement on Wednesday. He said the claim was completely false and[Read More…]
The Chairman of Board, Seplat Energy, Mr Basil Omiyi, said the company’s total revenue rose by 29.8 per cent to $951.8 million as at financial year ended Dec. 31, 2022. Omoyi said this during his address at the company’s 10th Annual General Meeting (AGM) held virtually on Wednesday with shareholders,[Read More…]
The World Bank has approved the extension of the Federal Government COVID-19 Action Recovery and Economic Stimulus tagged: “NG-CARES” Programme from June 2023 to June 2024. The Minister of State for Budget and National Planning, Clem Agba, made this known on Wednesday at a Ministerial Town Hall meeting on NG-CARES[Read More…]