Tag: Economy

Sterling Bank Emerges Best Financial Institution As ACGSF Rewards Farmers
July 1, 2022 No Responses

Sterling Bank Emerges Best Financial Institution As ACGSF Rewards Farmers

Sterling Bank was on Thursday named Best Participating Financial Institution for 2021 at the Agriculture Credit Guarantee Scheme Fund (ACGSF).  The ACGSF,  in an event in Abuja, also rewarded three Agriculture entrepreneurs who took loans and repaid under the scheme. ...
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Heirs Insurance Sponsors $30,000 Tony Elumelu Storytellers Fund 
July 1, 2022 No Responses

Heirs Insurance Sponsors $30,000 Tony Elumelu Storytellers Fund 

Africa No Filter, a donor collaborative working to transform stereotypical narratives of Africa has launched the Tony Elumelu Storytellers Fund of $30,000 sponsored by Hiers Insurance and Hiers Life Assurance for journalists and artistes.  A statemen...
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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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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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Fitch Reaffirms Ecobank Nigeria’s Stable Outlook
June 28, 2022 No Responses

Fitch Reaffirms Ecobank Nigeria’s Stable Outlook

Fitch Ratings has affirmed Ecobank Nigeria Limited’s (ENG) Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. Fitch also affirmed the Bank’s Viability Rating (VR) at ‘b-‘ and National Long-Term Rating at &#8216...
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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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SEC Receives CIS Delegation, Harps On Cooperation To Bridge Infrastructure Gap 
June 27, 2022 No Responses

SEC Receives CIS Delegation, Harps On Cooperation To Bridge Infrastructure Gap 

By Moses Ebosele, ebosele@hotmail.com   — The Director-General, Securities and Exchange Commission (SEC), Mr. Lamido Yuguda has challenged relevant stakeholders to cooperate with the Securities and Exchange Commission (SEC) in its desire to help bridg...
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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 Tasks Women Maritime Practitioners On Development
June 25, 2022 No Responses

Saraki Tasks Women Maritime Practitioners On Development

The Minister of State for Transportation, Sen. Gbemisola Saraki, has urged the Maritime Women Association to coordinate and integrate their efforts toward engendering better positioning and development of the port industry. Saraki gave the advice during a stak...
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SEC Nigeria Identifies Critical Factors For Successful Capital Market Inclusion 
June 22, 2022 No Responses

SEC Nigeria Identifies Critical Factors For Successful Capital Market Inclusion 

Availability, affordability, accessibility, awareness and adequacy of capital market products will drive inclusion in the market across the country, the Securities and Exchange Commission (SEC), has said  Mr Lamido Yuguda, the Director-General of SEC, out...
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CBN Rewards Lagos Farmers With Cash Gifts
June 22, 2022 No Responses

CBN Rewards Lagos Farmers With Cash Gifts

Three farmers in Lagos State have won the “Best Farmer of the Year 2021” award organised by the Development Finance Department of the Central Bank of Nigeria (CBN).  The News Agency of Nigeria (NAN) reports that the farmers were given...
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Stock Market Rebounds, Capitalisation Increases By N180b
June 22, 2022 No Responses

Stock Market Rebounds, Capitalisation Increases By N180b

The market capitalisation of the Nigerian Exchange (NGX) closed trading on Tuesday with a gain of N180 billion to close at N27.544 trillion against N27.364 trillion posted on Wednesday, halting five days of consecutive losses.  Similarly, the All-Share In...
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Buhari To Private Sector: Reinvest Profit On Job Creation 
June 21, 2022 No Responses

Buhari To Private Sector: Reinvest Profit On Job Creation 

President Muhammadu Buhari has appealed to members of the organised private sector to reinvest their profits on creation and retention of jobs.  Buhari made the appeal while declaring open the maiden Nigeria Employers’ Summit of the Nigeria Employers’...
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