By Eyo Nsima As Nigerians plan to decide who their next president will be in the next four years, First Bank of Nigeria, FBN has notified of its early closure today, Friday, February 24, 2023. In an email to its customers, FBN stated: “Kindly be informed that our branches nationwide will close to customers earlier […]
BREAKING: First Bank closes early as Nigeria votes Read More »
The African Development Bank will partner with African Hidden Champions in support of its efforts to promote the growth of African companies and aid their transformation into global champions. African Hidden Champions, co-founded by Africa Foresight Group (AFG) (www.AfricaForesight.com) and the German Investment Corporation, DEG – Deutsche Investitions- und Entwicklungsgesellschaft (https://apo-opa.info/3IlgZIr), identifies African firms that
AfDB partners with AFG and DEG to further regional industrialization Read More »
Kholo Capital Mezzanine Debt Fund I (Kholo Capital), has secured R870m in commitments for long-term mezzanine debt investment in support of growth, job creation and advancement of transformation within mid-market companies with operations in Southern Africa (i.e., South Africa, Botswana, Namibia, Lesotho and Swaziland). These first close commitments have been secured from leading institutional investors
Kholo Capital Mezzanine Debt Fund I achieve first close at R870m Read More »
The Centre for the Promotion of Private Enterprise [CPPE] is concerned about the conflicting directives emanating from the CBN on where to deposit the old currency notes – whether the commercial banks, or Central bank. This confusion is inflicting additional pains on already traumatized millions of innocent Nigerians seeking to return the old notes. Amid
CBN CONFLICTING DIRECTIVES ON RETURN OF OLD CURRENCY NOTES Read More »
Nairaxi Emerges Winner in NCC’s Young Innovators Competition By Eyo Nsima A mobile ridesharing mobile app that enables users to request taxi and bus rides tagged, Nairaxi has emerged overall winner at the young innovators’ competition organized by the Nigerian Communications Commission, which was held at the Digital Bridge Institute, Oshodi, Lagos recently. The company,
Nairaxi Emerges Winner in NCC’s Young Innovators Competition Read More »
Group congratulates NCC boss on Regulator of the Year Award A group, Kano North Renaissance (KNR), has congratulated the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, over his recent emergence as the regulator of the year at the prestigious Vanguard Newspapers Award. The award was presented to the professor
Group congratulates NCC boss on Regulator of the Year Award Read More »
The Central Bank of Nigeria (CBN) has renewed Cellulant’s Payment Service Solution Provider License in Nigeria. This license enables Cellulant to continue providing online and offline payment solutions, including collections, check-out, biller aggregation, and payout services securely to thousands of businesses across Nigeria. Cellulant’s digital payments platform, Tingg (www.Tingg.Africa)- enables businesses to seamlessly accept and
From February 2nd to 3rd, 2023, the second Dakar Financing Summit for Africa’s Infrastructure (DFS-2) was held in CICAD: mobilization of States and the private sector and materialization of financing opportunities for 22 projects in the transport, ICT, energy and water sectors. Africa is taking a positive turn to revive its regional and intra-African economies
By Eyo Nsima As Nigerians continue to pass through very difficult times characterised by shortage of Naira and petrol, the First Bank of Nigeria, FBN, has expressed commitment to assisting customers to meet their financial needs. In a message to its customers, the bank, stated: “We know these are challenging times and our commitment to
Naira shortage: We are open for you — First Bank of Nigeria Read More »
By Eyo Nsima The Centre for the Promotion of Private Enterprise [CPPE] welcomes the restraining order of the supreme court on the timeline for the currency swap. We believe this would restore normalcy to economic activities especially in the distributive trade sector, the informal sector and rural economy. It would also douse current social tension
CPPE lauds Supreme Court for restraining order on cash swap deadline Read More »