Fidelity Bank, African Export-Import Bank and agribusiness firm, JohnVents Industries have signed a $40m cocoa export deal at the Fidelity Bank International Trade and Creative Connect held in Houston, United States of America. According to a statement from the bank on Sunday, the signing of the $40m pre-export finance facility was held at the trade…
Bearish sentiments were sustained on the Nigerian Exchange Limited as the market reacted to the Supreme Court’s judgment regarding the 2023 general elections cases leading to a loss of N67bn off its market capitalisation. This marked a second consecutive day of negative trading on the local bourse. Dragging the market cap was depreciation recorded in…
Access Bank has strengthened its Development Banking Desk to drive sustainable development in Nigeria and across the African continent. The Desk is a fall out of the development banking team which has the responsibility of managing Non-Profit organisations and institutions and has been operating in the bank for over ten years and still counting.This initiative…
Developing countries around the world like like Nigeria, Ghana, Gabon among others have an average annual funding shortfall of $2.5 trillion in achieving the Sustainable Development Goals (SDGs), Executive Director, UN Global Compact Network Nigeria, Naomi Nwokolo, has said.He spoke at the Sustainable Futures Africa event, hosted by Hudson Sandler in collaboration with the United…
In furtherance of its leading role in promoting socio-economic development, Nigeria’s premier and leading financial inclusion services provider, has announced the commencement of its Annual Corporate Responsibility and Sustainability Week.For the past seven years, FirstBank colleagues and customers come together to participate in global annual volunteer (Start Performing Acts of Random Kindness) SPARK initiative, to…
. Obazee, family, team members receiving death threats from anonymous callers in the past few days. Aso Rock cabal pressuring him to hands off probe. Anonymous callers vow to induce Presidency, FG top officials to influence probe call-off Following the recent launch of a probe into illegal foreign exchange deals and money laundering running to…
Sara by Wema, has collaborated with Assembly Hub on its business accelerator programme titled, “The Creative Class,” aimed at upskilling and empowering budding entrepreneurs in Africa’s vibrant fashion industry. A statement from Wema Bank said the intensive 4-week accelerator programme was designed to provide crucial business support, mentorship, and peer learning opportunities for both emerging…
The Managing Director of the IMF, Kristalina Georgieva, stated this on Thursday during a press briefing at the ongoing IMF and World Bank Group annual meetings in Marrakech, Morocco. She said it is too early to say the exact impact on the economy at the moment, but acknowledged the “up and down of oil prices.”…
Former Managing Director and Chief Executive Officer of EcoBank Nigeria, Patrick Akinwuntan, will lead seasoned financial experts to address the issues affecting the small and medium enterprises in the country. In a press statement by Chairman Publicity Committee, Chika Izuora, Akinwuntan has confirmed to chair the 20th annual lecture and 29th anniversary of the Catholic…
