Nigeria seeks South Africa’s backing for G20, BRICS membership
December 3, 2024
A student of The Ambassadors’ College, Ota, Ogun State, Miss Iremide Ogunyemi, has won N2 million cash, a publishing deal worth N2 million and another N2 million to upgrade her school’s library after emerging the star prize winner of the inaugural edition of the Fidelity Bank organized Read2Lead[Read More…]
Two Federal Government of Nigeria (FGN) bonds have been offered for subscription in October at N1,000 per unit. A Debt Management Office (DMO) statement said the first offer is a two-year FGN savings bond due on Oct. 16, 2026, at an interest rate of 17.084 per cent per[Read More…]
Polaris Bank partners UI, NCF on environmental conservation, tree planting Polaris Bank Limited has collaborated with the University of Ibadan (UI) and the Nigerian Conservation Foundation (NCF) on environmental conservation through a tree planting initiative. This was disclosed during a courtesy visit to the UI Vice Chancellor, Prof. Kayode[Read More…]
The Central Bank of Nigeria has introduced an Electronic Foreign Exchange Matching System, (EFEMS) aimed at transforming the country’s foreign exchange market. This new system is set to be operational in the Nigerian Foreign Exchange Market by 1 December 2024, following a two-week test run scheduled for November.[Read More…]
Zenith Bank, one of Nigeria’s leading financial institutions, has restored improved services across its electronic transaction channels, ensuring customers have seamless access to banking services. In a statement released on Thursday via its X handle, the bank confirmed that customers can now conveniently conduct transactions across various platforms[Read More…]
Nigeria takes World Bank loan of $1.57 bn for 3 projects Nigeria has again taken another World Bank loan worth $1.57 billion to finance three projects in the health and educational sectors. The bank had earlier approved $2.25 billion loan for the country to boost its economic reforms. According[Read More…]
Organised labour, NANS receive 64 CNG buses from FG The Organised labour unions and the National Association of Nigerian Students, NANS, have received 64 Compressed Natural Gas, CNG, buses from the Federal Government. The buses were presented in line with President Bola Tinubu’s promise to provide affordable and efficient transportation[Read More…]
Polaris Bank recognised as Nigeria’s Best Bank in MSME lending Polaris Bank, Nigeria’s leading retail commercial banking has emerged as Nigeria’s Best Bank in Micro, Small, and Medium Enterprises (MSMEs) lending. The lender was recognised over the weekend for it’s long standing commitments to supporting MSMEs through several direct[Read More…]
5,000 people to benefit from UBOMI medical outreach by PISTIS Foundation in Lagos Non-Governmental Organisation, Pistis Foundation is set to provide free medical and surgical outreach for 5,000 people through its health project; UBOMI Medical Outreach in Lagos. Ubomi medical outreach is a free medical program held annually[Read More…]
BancABC Tanzania company to Operate as Access Bank Tanzania Limited Access Bank PLC has successfully satisfied all legal and regulatory requirements to complete its acquisition of African Banking Corporation (Tanzania) Limited, BancABC Tanzania or BancABC. With the acquisition now finalised, the entity in Tanzania will operate under[Read More…]