Christmas: Moniepoint introduces new initiative to reward customers

By Rukayat Moisemhe Moniepoint Microfinance Bank (MfB) has introduced a new initiative “Moniepoint Personal Banking Refer and Earn” programme aimed at rewarding its customers this Christmas season. Managing Director, Moniepoint MfB, Babatunde Olofin, who made this known in a statement in Lagos on Sunday said the idea was in tandemContinue Reading

Africans must unite to mobilise, manage productive resources – AfDB

By Lucy Ogalue Africans must stand together to mobilise and efficiently manage the resources required to enhance productivity and create wealth in Africa for Africans. The African Development Bank’s (AfDB), Vice-President and Chief Economist, Kevin Urama, said this in Abuja. Urama spoke at the graduation of inaugural set of theContinue Reading

AfDB signs m agreement with FSDH to support Nigeria’s SMEs

By Lucy Ogalue The African Development Bank (AfDB) has signed an additional 20 million dollars Trade Finance Facility with FSDH to support Small and Medium Enterprises (SMEs) in Nigeria. Mr Lamin Barrow, Director-General, Nigeria Country Department, AfDB, said this during the signing ceremony, on Thursday in Lagos. According to Barrow,Continue Reading

Planned banks’ recapitalisation excites stock market experts

By Chinyere Joel-Nwokeoma Some capital market experts have expressed optimism that the primary market segment of the nation’s stock market will witness increased activity with the planned recapitalisation of banks by the Central Bank of Nigeria (CBN). They spoke with the News Agency of Nigeria (NAN) on Monday in Lagos,Continue Reading

AfDB boss commends Nigerian governors on regional devt. approach

By Lucy Ogalue Seven newly elected Nigerian Governors visited the African Development Bank (AfDB) Group President, Akinwumi Adesina, in Abidjan to strengthen cooperation and unlock the country’s vast agricultural potential. A statement issued by the Bank on Saturday, said the delegation was led by Katsina State Governor Dikko Radda. TheContinue Reading

AfDB ready to disburse 8m to Nigeria for digital and creative enterprises

By Lucy Ogalue African Development Bank (AfDB) has finalised arrangements to disburse 618 million dollars to Nigeria under the Investment in Digital and Creative Enterprise (i-DICE) programme. AfDB’s Country Director-General for Nigeria, Mr Lamin Barrow told the News Agency of Nigeria (NAN) in Marrakesh, Morocco on Sunday that the NigerianContinue Reading

Abidjan-Lagos highway corridor secures .5bn in AIF 2022- Adesina

By Lucy Ogalue Dr Akinwumi Adesina, President of African Development Bank (AfDB) said that the Abidjan-Lagos highway corridor has secured a 15.5 billion dollars investment interest. Adesina said this while welcoming participants at the 2023 Africa Investment Forum (AIF) Market Days in Marrakech, Morocco on Wednesday. The News Agency ofContinue Reading

CIBN, LBS launch dual qualification programmes for bankers, financial services professionals

  By Lydia Ngwakwe The Chartered Institute of Bankers of Nigeria (CIBN) and the Lagos Business School (LBS) have collaborated to launch novel dual qualification programmes, the MBA/Chartered Banker and SMP/Chartered Banker programmes. The President, CIBN, Dr Ken Opara, FCIB, confirmed this in a statement on Friday in Lagos. OparaContinue Reading