Hi-Tech, led by Afolabi Ayanfe and Sophia Ezeh, has won the top prize of N3 million in the FCMB Hackathon Challenge. Their win followed the creation of the digital financial solution, Padi4Life.Other winners include Rita Onwudiwe and Augustus Shaminga of Team KoloPadi, who secured the N1 million first runner-up prize for their KoloPadi solution. The…
In line with its commitment to support women and youth-owned businesses in Nigeria, Access Bank Plc, has partnered with the Federal Government of Nigeria to provide N30 billion in support for four million Micro, Small and Medium Enterprises (MSMEs).The Group Managing Director/Chief Executive Officer of Access Bank Plc, Roosevelt Ogbonna, made this known in an…
Five lucky Nigerians have emerged millionaires in the ongoing Polaris Bank’s ‘Save & Win’ promo.The live quarterly draw of the ongoing Polaris ‘Save & Win’ promo took place at the bank’s headquarters Annex, Alausa, Ikeja, Lagos. During the unveiling of the lucky millionaires, Chief Digital Officer (CDO), Polaris Bank, ‘Dele Adeyinka said the live draw…
Lafarge Africa Plc has restated commitment to the promotion of environmentally sustainable operations across its operations. The company has invested significant resources, about 7.5mCHF to reducing environmental impact of its operations to the barest minimum by adopting state-of-the-art technology whilst prioritising the health and safety of its people and host communities. Lafarge Africa sets high…
LAGOS – One of the leading innovative and sustainable building solutions company, Lafarge Africa Plc., has released its 2022 Sustainability Report which highlight its steadfast commitment to the sustainability journey towards a greener future This comprehensive report highlights the company’s unwavering dedication to sustainability and showcases its commitment to fostering a better future for both…
Islamabad, Pakistan – Pakistan and the International Monetary Fund (IMF) have reached a preliminary deal for the release of $700m from a $3bn bailout package after two weeks of talks with the global lender. The IMF on Wednesday said it reached a staff-level agreement with Pakistan’s caretaker government on the first review of the $3bn…
Sterling Bank Plc has signed a $75m agreement with the African Export-Import Bank to foster non-oil exports in Nigeria. The agreement was signed on the sidelines of the just concluded Intra-Africa Trade Fair in Cairo, Egypt. A statement from Sterling Bank disclosed that the deal would boost trade financing in the country. It stated that…
The United Bank for Africa Plc has said that it is looking to support Small and Medium Scale Enterprises in four sectors including Agro-processing, Automotive, pharmaceuticals, Transport and Logistics with the $6bn facility from the Africa Continental Free Trade Area Secretariat. According to a statement from the lender on Wednesday, UBA’s Deputy Managing Director, Muyiwa…
MTN Nigeria has raised N52. 89bn from its Series 8 & 9 Commercial Paper issuance under its N250 billion Commercial Paper Issuance Programme. This was revealed in a notice filed with the Nigerian Exchange Limited following the completion of the CPs. Last Thursday, MTN had announced the CPs, saying it was seeking to raise N52,895,846,000.00…
