Nigeria’s premier and leading financial services provider, First Bank of Nigeria Limited hosted the third edition of its annual Fintech summit themed “Banking + Tech = Solving Real Problems”. The event held on Wednesday, 16 October 2019 in Lagos with a conference and panel sessions comprising tech experts, start- ups, ...
Read More »Nigeria’s Debt Now N25.7trn, Rises By N753bn In 3 Months
NIGERIA’S total public debt rose to N25.7trillion ($83.882billion) by the end of June 2019, according to the Debt Management Office (DMO). This is an increase of about N753billion over the N24.947trillion reported by the government agency as the total debt as of the end of March. According to the figures released ...
Read More »Access Bank Records Over N1bn In Daily Digital Lending
Access Bank’s expanded digital lending portfolio, which gives Nigerians quick and 24/7 access to funds for emergencies without any collateral, has hit a record N1billion daily in loan value. According to Victor Etuokwu, Executive Director, Retail Banking, Access Bank Plc, in the past two years, the bank has disbursed over ...
Read More »FirstBank sponsors Kaduna polo ‘Georgian Cup’ for 100th year
First Bank of Nigeria Limited has announced its sponsorship of the Georgian Cup of the Kaduna polo tournament for the 100th year. In a statement issued on Tuesday, the bank said the decision to continue its support of the tournament is due to its commitment to the growth and development ...
Read More »Border closure pushed inflation to 11.24% – NBS
The Consumer Price Index released by the National Bureau of Statistics on Tuesday showed inflation index rose to 11.24 per cent in September, barely a month after the border closure. The 11.24 per cent represents an increase of 0.22 per cent when compared to the 11.02 per cent recorded in ...
Read More »Nigeria insists Shell, Mobil, Chevron, others should pay $62 billion ‘arrears’
The Nigerian government has vowed to recover over $62 billion it claims as arrears of profits due it from 1998 under the production sharing contracts (PSCs) between the Nigerian National Petroleum Corporation (NNPC) and its joint venture partners. The international oil companies have taken the matter before the Federal High ...
Read More »FIRSTBANK’S ADESOLA ADEDUNTAN JOINS OTHER GLOBAL FINANCE PRACTITIONERS AT ETHICAL FINANCE CONFERENCE, EDINBURGH
As part of the Bank’s financial inclusion and global thought leadership drive, the Chief Executive Officer, First Bank of Nigeria Limited, Dr. Adesola Adeduntan participated in the 2019 Global Leaders Interactive panel session of the 2019 Ethical Finance Conference held on 8 – 9 October 2019 at RBS Conference Centre, ...
Read More »UBA Promises to Put Customers’ Needs First as it Holds 2019 Forum in Lagos
The pan African Financial Services Institution, United Bank for Africa(UBA) has again reiterated its commitment to surpass the expectations of its customers through the provision of products and services that meet their needs. The Bank made this promise at a special Customer Forum to mark the 2019 edition of the ...
Read More »Rivers Govt, Ethiopia Airlines Agree on Permanent Flights from Port Harcourt
Rivers State Government and the Ethiopian Airlines have reached an agreement in principle for the operation of permanent international flights from the Port Harcourt International Airport, subject to the approval of the relevant federal authorities. The two parties reached the agreement at the Headquarters of Ethiopian Airlines after a high-powered ...
Read More »REDTV’s Red Hot Topics Enters Season 5
It’s no longer news that REDTV’s Red Hot Topics is now in high demand with millennials constantly craving for more. Well the latest update is that the show has now dropped episode 5 with great promise of more rich and robust subjects. The show which follows a panel of young people discussing current and relevant topics that ...
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