By Ayomide Otitoju In a significant stride towards inclusivity, Fidelity Bank Plc has introduced the “Bundles of Joy” initiative, a program aimed at supporting children with special needs and their families. Targeted at children aged 4 to 11 with conditions such as autism, Down syndrome, and cerebral palsy, the initiative seeks to provide inclusive spaces…
By Ayomide Otitoju Polaris Bank, in collaboration with strategic partners, has reaffirmed its commitment to reducing the alarming number of out-of-school children in Nigeria. The initiative has provided continuous education opportunities for over 16,000 studentssince 2020, with plans to expand its reach to 50,000 students by 2028. In its latest phase, the Bank distributed school…
By Ayomide Otitoju The African Export-Import Bank (Afreximbank) has called for intensified efforts to empower African youth, emphasizing their critical role in shaping the continent’s future and securing its relevance in global socio-economic discussions. Afreximbank President, Benedict Oramah, made the remarks during the 5th Youth Summit hosted by the Grand Africa Initiative (GAIN), a pan-African…
By Ayomide Otitoju Nigerian Breweries Plc has reaffirmed its commitment to showcasing Nigeria’s cultural richness and fostering unity by sponsoring the 2024 Calabar Carnival and Festivals, a globally renowned celebration of art, music, dance, and diversity. Often referred to as Africa’s largest cultural festival, the Calabar Carnival attracts thousands of participants and visitors from around…
By Ayomide Otitoju Nigeria’s Broad Money Supply (M2) surged by 51% year-on-year (YoY) to N108.96 trillion in November 2024, driven primarily by increased domestic borrowing by the Federal Government from the private sector. This is according to the latest Money and Credit Statistics released by the Central Bank of Nigeria (CBN) on Monday. The figure…
By Ayomide Otitoju Growing anxiety surrounds the impending expiration of Mele Kyari’s tenure as Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), with speculation over potential leadership changes within the oil giant. Kyari, who turns 60 on January 8, 2025, may step down from his role, according to industry observers,…
By Ayomide Otitoju The FCMB SheVentures Mentoring Programme, in partnership with NECA’s Network of Entrepreneurial Women (NNEW), has successfully graduated 215 women entrepreneurs in its 11th cohort. A virtual graduation ceremony recently celebrated the completion of the six-week initiative, which aims to equip women with critical business skills, market access, and networking opportunities. Participants received…
By Ayomide Otitoju MTN Nigeria Plc has once again crossed the N4 trillion market capitalization threshold on the Nigerian Exchange, buoyed by a significant price surge. The telecom giant saw its share price climb 10.54% last week, closing at N194, up from N175.50, fueled by heightened demand and anticipation of strong fourth-quarter earnings. Data from…
Telecom operators in Nigeria may soon receive approval to increase tariffs for calls, SMS, and data services as early as the first quarter of 2025. A senior official from a major telecom company, speaking on condition of anonymity, disclosed that the Nigerian Communications Commission (NCC) is considering the request in light of escalating operational expenses….
