By Vivian Ihechu Prof. Benedict Oramah, President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank) says the COVID-19 pandemic and Ukraine crisis exposed the vulnerability of Africa in many ways. According to him, these events dramatise Africa’s over-dependence on others for our basic needs of foodContinue Reading
By Okon Okon President Bola Tinubu has suspended the Central Bank Governor (CBN), Mr Godwin Emefiele from office with immediate effect. The Secretary to the Government of the Federation (SGF), Sen. George Akume, made this known in a statement on Friday in Abuja. According to Akume, this is sequel toContinue Reading
By Lucy Ogalue The African Development Bank (AfDB), says addressing plastic pollution requires effective multi-stakeholder partnerships among the government, private sector, youth groups and Civil Society Organisations (CSOs). The Director-General, Nigeria Country Department of AfDB, Lamin Barrow, in a statement, was quoted to have spoken at a Webinar to commemorateContinue Reading
By Okeoghene Akubuike The African Export-Import Bank (Afreximbank) has bagged seven awards at the Bonds, Loans and ESG Capital Markets Africa Awards 2023 across the transactional and house categories. This is contained in a statement issued by Afreximbank’s Media Contact, Amadou Sall, in Abuja on Saturday. Sall saidContinue Reading
By Lydia Ngwakwe Four Directors of First Nominees, a Subsidiary of FirstBank Nigeria Ltd., have been inducted into the Institute of Directors (IoD), alongside 96 others. Seven others were also upgraded into different cadre. The four Directors were inducted into the institute on Thursday night, at Oriental Hotel,Continue Reading
By Lydia Ngwakwe The Nigeria Deposit Insurance Corporation (NDIC) has urged regulators in the banking industry to draw supervisory lessons from the failure of Silicon Valley Bank and Credit Suisse by ensuring proper risk management. Mr Mustapha Ibrahim, the Executive Director (Operations), NDIC, gave the advice at the CharteredContinue Reading
By Lydia Ngwakwe Access Bank in partnership with AfriGOpay, has launched the first national domestic card designed to meet the needs of the Nigerian payment industry. Mr Victor Etuokwu, Deputy Managing Director, Retail Banking, Access Bank, said this in a statement on Thursday in Lagos. Etuokwu said that the scheme,Continue Reading
By Lydia Ngwakwe Nigeria’s Parallex Bank Ltd. has received $10 million trade finance facility from the African Export-Import Bank (Afreximbank) for Small and Medium-sized Enterprises (SMEs). Dr Femi Bakre, the Managing Director/Chief Executive Officer of Parallex Bank, said this in a statement on Wednesday in Lagos. Bakre said theContinue Reading
By Lydia Ngwakwe Speakers at the Access Bank women conference have called for equitable representation of women in the workplace. The News Agency of Nigeria (NAN) reports that the conference was organised by the bank to mark the 2023 International Women’s Day (IWD) on Thursday in Lagos. The 2023 IWDContinue Reading
By Lydia Ngwakwe Mr Andrew Alli, a banker and an investor, has stressed the need for corporate executives to encourage girls and women to embrace opportunities in the Science, Technology, Engineering and Mathematics (STEM) education. Alli gave the advice at the FirstBank Women Network International Women’s Day event withContinue Reading
