Tag: Business

Fitch Upgrades Fidelity Bank’s Issuer Default Rating From ‘B-’ To ‘B’
June 30, 2022 No Responses

Fitch Upgrades Fidelity Bank’s Issuer Default Rating From ‘B-’ To ‘B’

Fitch Ratings has upgraded Fidelity Bank Plc’s long-term issuer default rating (IDR) from ‘B-’ to ‘B’, reflecting the bank’s increased creditworthiness. The rating agency also upgraded Fidelity’s National Long-Term Rating to ‘A(nga)’ from ‘BBB+(nga)’.   According to the global rating agency,...
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Delta, Rivers Corps Members To Benefit From Unity Bank’s N10m Business Grant 
June 30, 2022 No Responses

Delta, Rivers Corps Members To Benefit From Unity Bank’s N10m Business Grant 

Unity Bank’s flagship Entrepreneurial Development Initiative, Corpreneurship Challenge, is set to return for the 8th edition across 10 locations in Nigeria, including a debut in Delta and Rivers States.    The Retail lender kick-star...
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Unclaimed Dividends Hit N180b 
June 29, 2022 No Responses

Unclaimed Dividends Hit N180b 

Lamido Yuguda, the Director-General, Security and Exchange Commission (SEC), on Tuesday, said the commission is working to ensure it reduces the level of unclaimed dividends to zero per cent. Speaking at an interactive session with editors on Tuesday in Lagos,...
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Finance Minister Receives Revised Nigerian Capital Market Master Plan 
June 28, 2022 No Responses

Finance Minister Receives Revised Nigerian Capital Market Master Plan 

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has received the Revised Nigerian Capital Market Master Plan (2021-2025).  Receiving the report on Monday in Abuja, the Minister reiterated the commitment of the Federal Government to...
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FirstBank Unveils Single-Digit Loan For Female Entrepreneurs 
June 27, 2022 No Responses

FirstBank Unveils Single-Digit Loan For Female Entrepreneurs 

By Moses Ebosele, ebosele@hotmail.com   — The management of First Bank of Nigeria ltd has unveiled the FirstGem fund (FirstGem loan), a single-digit loan scheme, targeted at female entrepreneurs.  In a statement on Sunday, Folake Ani-Mumuney, the ban...
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Dana Air Partners The ELOY Foundation, To Empower Women In Five States 
June 27, 2022 No Responses

Dana Air Partners The ELOY Foundation, To Empower Women In Five States 

Dana Air  has announced its partnership with The ELOY  Foundation’s business shower to Empower Women in five states: Rivers, Kano, Abuja, Abia and LagosThe ELOY business Shower is an educative business gathering specifically organised for women in bus...
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CBN Takes eNaira Campaign To Traders
June 26, 2022 No Responses

CBN Takes eNaira Campaign To Traders

The Central Bank of Nigeria (CBN) in collaboration with the Bankers Committee, on Saturday, sensitised traders and consumers at Tejuosho Market on how to conduct eNaira transactions. Traders in wears, shoes, and kitchen items, among other commodities, were enc...
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Nigerian Shippers’ Council Set For 2022 Maritime Seminar For Judges 
June 26, 2022 No Responses

Nigerian Shippers’ Council Set For 2022 Maritime Seminar For Judges 

The Nigerian Shippers’ Council (NSC) in collaboration with the National Judicial Institute is set to host the 16th edition of the International Maritime Seminar for Judges.The event is under the chairmanship of His Lordship, Hon. Justice Bode Rhodes-Vivour C...
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Saraki Restates Ministry’s Commitment To Disburse $350m CVFF To Shipowners 
June 26, 2022 No Responses

Saraki Restates Ministry’s Commitment To Disburse $350m CVFF To Shipowners 

The Minister of State for Transport, Senator Gbemi Saraki, has reiterated the Ministry’s commitment to disburse the Cabotage Vessel Financing Fund (CVFF) to indigenous shipping community.According to Saraki, the Ministry will work with the National Asse...
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MG HS Consolidates Presence In Nigeria 
June 25, 2022 No Responses

MG HS Consolidates Presence In Nigeria 

By Moses Ebosele, ebosele@hotmail.com    — Displaying an array of safety and modern innovations, MG HS has extended grip in the highly competitive mid-size Sports Utility Vehicle (SUV) segment in Nigeria, courtesy Stallion MG Automobiles Ltd.  P...
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Transport Ministry Canvasses Support For Port Task Team
June 25, 2022 No Responses

Transport Ministry Canvasses Support For Port Task Team

Dr Magdalene Ajani, Permanent Secretary, Federal Ministry of Transportation, on Friday tasked agencies in the maritime sector to support the Port Standing Task Team (PSTT) to work seamlessly.  Ajani, represented by Mr Adams Ofie, Deputy Director at the Fe...
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Shippers’ Council Seeks Partnership With Edo Govt On Trade Promotion
June 24, 2022 No Responses

Shippers’ Council Seeks Partnership With Edo Govt On Trade Promotion

The Nigerian Shippers’ Council (NSC) has solicited partnership with the Edo Ministry of Industry, Trade and Cooperatives to engender active participation of entrepreneurs in the state in international trade.  The new Zonal Head, Nigerian Shippers’ Cou...
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Coscharis Motors Welcomes All-New Range Rover SUV
June 24, 2022 No Responses

Coscharis Motors Welcomes All-New Range Rover SUV

By Moses Ebosele, ebosele@hotmail.com — A luxurious All-New Range Rover Sports Utility Vehicle (SUV) has arrived in Nigeria courtesy of Coscharis Motors, a member of the Coscharis Group.   Unveiling the new luxurious SUV during an interactive session ...
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Danbatta: Collaboration Is Key To 5G Deployment In Nigeria
June 24, 2022 No Responses

Danbatta: Collaboration Is Key To 5G Deployment In Nigeria

Industry collaboration is very essential to the successful deployment of 5G Services in Nigeria, the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has said. Danbatta, who spoke in Lagos on Thursday, ...
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