A pan-African financial institution, United Bank for Africa Plc, has said it is committed to supporting businesses and financial inclusion in Africa through its consumer lending products. UBA said there had been clear evidence that credit remained a major economic stimulant and growth driver. According to the lender, credit has been largely inaccessible to the…
Our Reporter Guinness Nigeria Plc has acquired a 10-hectare strategic industrial asset in the heart of Ikeja industrial hub as the Diageo subsidiary plans to scale up its operations in Nigeria × The industrial asset is a 10-hectare property in the Ikeja industrial hub of Lagos State. The multi-billion-naira asset which formerly belonged to Universal…
Qualified women entrepreneurs in the Nigerian oil and gas industry can now benefit from the $40m Women in Oil and Gas Intervention Fund deployed by the Nigerian Content Development and Monitoring Board and Nigerian Export-Import Bank. The NCDMB is contributing $20m to the pool and it will be matched by the same amount in naira…
Polaris Bank says it has introduced a new reward initiative, tagged ‘Refer & Win’, for existing and new users of the bank’s digital banking platform, VULTe. The bank said this in a statement on Wednesday titled ‘Polaris Bank launches ‘Refer & Win’ reward for VULTe users’. According to the statement, users have the chance to…
Stratech Properties Limited, a notable real estate firm in Nigeria reiterates its commitment towards 1 million homes project to reduce the housing challenges in the country. This was unveiled recently during the company’s 12th year anniversary celebration in Abuja. Speaking at the event, the Chief Executive Officer of Stratech, Amb. Moses Obisesan, said that mass housing…
By Afolabi idowu MTN Nigeria plans to invest N640 billion US$1.5 billion) over the next three years to expand broadband access across the continent’s most populous country, in line with the federal government’s 2020-2025 National Broadband Plan and in support of MTN Group’s strategy, Ambition 2025: Leading digital solutions for Africa’s progres. “Nigeria is one…
it also issued a warning to consumers about Binance Markets and the wider Binance group. Binance said in a statement Binance Markets, which it acquired in 2020, was not yet using its regulatory permissions, and that the FCA’s move would not affect services offered on its website – Binance.com. “We take a collaborative approach in…
Adeyinka Adedipe First Bank Basketball Club will lead seven other teams to the first Dr D.K Olukoya Girls Basketball Competition, which holds from June 28 to July 4 at the sports hall of the Teslim Balogun Stadium, Lagos. Other teams confirmed for the tournament are hosts -MFM of Lagos, Delta Force of Asaba, IG Queens…
Polaris Bank has announced the launch of a new reward: ‘Refer & Win’ exercise in which existing and new users of the Bank’s digital banking platform, Vulture, stand a chance to win up to N1,300 instant cash reward each time they refer someone who opens an account and enrolls on the newly-launched innovative digital solution. To…
