FG announces plans to offset N4trn debt owed GenCos –Ministry
April 15, 2025
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…]
As the world continues to work towards zero hunger, good health, and well-being, the Sterling One Foundation has thrown its weight behind Community Pot, a social impact project focused on tackling infant malnutrition by providing healthy and sustainable diets. The project, which aims to feed at least 1,000 children every[Read More…]
Wema Bank, Nigeria’s leading innovative bank, has unveiled the latest brand jingle for its digital banking application, ALAT by Wema which is set to become an instant hit with customers and music lovers alike. In a release, the bank said, the new jingle is part of their continuous efforts to[Read More…]
The House of Representatives has queried the Nigerian Communication Commission (NCC) over the 1, 014 projects under the Universal Service Provision Fund (USPF) for an e-library project that was executed for over N2 billion. The House frowned at a request by the Commission for N700 billion to ensure that 27[Read More…]
…Beneficiaries Express Gratitude Fresh graduates serving under the National Youth Service Scheme (NYSC) across 12 States have commended Polaris Bank for enhancing their digital literacy skills and preparing them for the emerging opportunities in Nigeria’s digital economy. Polaris Bank, in partnership with the NYSC and NerdzFactory, had in November[Read More…]
The coalition has evolved from a four-member group to 30 big organisations with a commitment to build a sustainable recycling economy for food and beverage packaging waste. FBRA and its members have been able to shape public policy and take action that supports a circular economy and the evolution of[Read More…]