Tag: Nigeria Business Now

Union Bank, BFREE Forge Strategic Partnership to Revitalise Loan Portfolios

Union Bank, BFREE Forge Strategic Partnership to Revitalise Loan Portfolios   Union Bank of Nigeria and BFREE, a cutting-edge German-Nigerian FinTech firm, have signed a Memorandum of Understanding (MOU). This agreement, according to a statement, signifies a joint commitment to addressing economic challenges and revitalising distressed loan portfolios in Nigeria[Read More…]

DPI, Verod Capital Partner to Back Management of Pan African Towers

DPI, Verod Capital Partner to Back Management of Pan African Towers   Pan African Towers (PAT), a leading digital infrastructure company based in Nigeria, has announced a strategic investment from Development Partners International (DPI), a premier investment firm focused on Africa, and Verod Capital (Verod), one of the continent’s leading[Read More…]

France seeks increased trade partnership with Nigeria on Agricultural Exports

France seeks increased trade partnership with Nigeria on Agricultural Exports   The French Minister for Foreign Trade and Economic Attractiveness, Olivier Becht has said the French Government is interested in deepening trade relationship with Nigeria on agricultural exports. Becht said this at the French-Nigerian Economic Summit on Friday in Lagos,[Read More…]

Ogun gives N1bn grant to SMEs

Ogun gives N1bn grant to SMEs The Ogun State Government has announced a N1 billion grant for over 1,000 Small and Medium-scale Enterprises to further mitigate the effects of COVID-19 in the sector. Ogun State Government on Sunday in a statement said that the N1 billion grant was the second[Read More…]

Zenith Bank unveils street Christmas light

Zenith Bank unveils street Christmas light   Zenith Bank has started the Yuletide season by illuminating Ajose Adeogun Street and Roundabout in Victoria Island, Lagos. According to a statement on Sunday, the light-up ceremony was performed by the Group Managing Director of Zenith Bank Plc, Ebenezer Onyeagwu, on Saturday. It[Read More…]

Alternative Bank signs multi-sector development deal with Niger State

Alternative Bank signs multi-sector development deal with Niger State The Alternative Bank, an Africa-focused non-interest bank, has signed a multiyear deal with the Niger State government to boost the development of agriculture, transportation, energy, and infrastructural sectors in the state. Mohammed Bago, Governor of Niger State who signed the Memorandum[Read More…]

Tinubu resolves Ondo State Political Crisis

Tinubu resolves Ondo State Political Crisis President Bola Tinubu, late on Friday, waded into the months-long crisis between factions loyal to the Executive Governor, Rotimi Akeredolu, and the Deputy Governor, Lucky Aiyedatiwa.⁣   ⁣ Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale revealed this in a[Read More…]