By Josephine Ogundeji The Nigerian Conservation Foundation has partnered with First City Monument Bank Plc to tackle the issue of plastic pollution as part of activities to commemorate of the 2023 World Environment Day. NCF and FCMB engaged in recycling, upcycling and beach clean-up in collaborative efforts to address the challenge of plastic pollution.In a statement…
First City Monument Bank has said Small and Medium Scale Enterprises can now access between N5m and N100m to purchase equipment needed to grow and expand their businesses, courtesy of its SME Asset Finance Facility. A statement by the bank said that so far, over 25,800 SMEs have accessed the facility. According to the statement,…
By Ayomide Otitoju Lagos 9PSB, a leading payment service bank, is pleased to announce its strategic partnership with the Lagos State Employment Trust Fund (LSETF) to promote financial inclusion and job creation through comprehensive financial literacy and agent banking offering. This collaboration reflects the shared commitment of both organizations to enable economic empowerment through job…
In December 2015, the share price of First Bank of Nigeria Limited was trading around N4.8 band. About seven years later, precisely last December, the value held tightly to N15, growing by over threefold amid general asset and economic doldrums. The steep rise in the valuation of the financial institution deviates remarkably from the average…
By Ayomide Otitoju Lagos, Nigeria, Staying Ahead – Creativity, Collaboration, Commitment, the biggest leather fair in West Africa, Lagos Leather Fair is back for its 2023 edition, which will also play host to the first LLF exclusive Masterclass, conversations and a series of workshops from June 15th, 17th, and 18th at the Balmoral Convention Center,…
By Ayomide Otitoju Lagos, Nigeria, Leading innovative and sustainable building solutions company, Lafarge Africa Plc today launched the Concrete Ideas Policy Blueprint, an analysis of insights and ideas discussed by stakeholders in the construction, infrastructure and housing industries during the first five editions of Concrete Ideas, Lafarge’s thought-leadership series. The Policy Blueprint was written by…
Rising from a lower profit margin of N10.2 billion and a debilitating Non-Performing Loan portfolio of 45 per cent in 2015, to an impressive profit of N147 billion and a significantly lowered NPL rate of 5.6 per cent in 2022, FirstBank has proven that its back-to-back profit-making is far beyond recoveries made, but rather it’s…
…..Global energy access gap persists: 675 million people without electricity, 2.3 billion people reliant on harmful cooking fuel By Ayomide Otitoju A new report by the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), the United Nations Statistics Division (UNSD), the World Bank, and the World Health Organization (WHO), released today, finds that…
By Ayomide Otitoju The World Health Organization (WHO) and European Commission have announced today the launch of a landmark digital health partnership. In June 2023, WHO will take up the European Union (EU) system of digital COVID-19 certification to establish a global system that will help facilitate global mobility and protect citizens across the world…
