Leading Ladies Africa, Union Bank Empower 40 Women

Leading Ladies Africa, in collaboration with Union Bank Plc has empowered 40 female-owned enterprises as part of efforts to support businesses and economic activities. Africa News24 (an24) understands the empowerment scheme themed, “Enterprise and Leadership Programme,” was initiated to provide start-ups from the various sectors of the economy with the support needed to develop and […]

Invest 5% Of $50bn In Empowering African Entrepreneurs, Elumelu Challenges Japan

African investor and philanthropist, Mr. Tony Elumelu has challenged the Government of Japan to invest five per cent of its $50billion commitment to Africa, in empowering African entrepreneurs. In an impassioned keynote speech, delivered before global leaders, at the 7th Tokyo International Conference on African Development (TICAD) in Yokohama, Japan, he said, “At TICAD 2016 […]

Banks Persuade Customers To Return Mutilated Naira Notes Before Deadline

Following a directive from Central Bank of Nigeria (CBN), banks operating in the country have continued to urge customers to return mutilated naira notes before the September 2 deadline. The apex bank had given banks between June 3rd and September 2nd to return all mutilated naira notes at their disposal for re-issue. The regulator had […]

Corruption: World Bank, AfDB Blacklist More Firms In Nigeria

The World Bank and the African Development Bank (AfDB) have sanctioned and blacklisted more companies and consultants operating in Nigeria for various breaches of their contracting processes considered fraudulent and corrupt The new sanction came after the World Bank blacklisted CCECC Nigeria Company Limited and other five Chinese companies in the country. The companies that […]

OPay Launches ‘OBus’, A Public Bus Hailing Service

OPay over the weekend launched OBus, a bus hailing service, in Lagos. In its plan to become a multi-service commercial internet platform, OPay which started as a mobile payments platform in 2016, has within the past months added motorcycle hailing, personal loans, food delivery and tricycle hailing to its list of services. Africa News24 (AN24) […]

MBA Forex: The Path To Financial Freedom

Forex Trade Is Not A Scam Says Maxwell Odu Financial freedom, a concept alien in this part of the world, often perceived as a myth to most Africans, is what separates the wealthy from the impoverished. The gateway to achieving the much desired financial freedom is through passive income – an earning resulting from cash […]

CBN Warns MfBs Against Hawking Of Lower Currencies

The Microfinance Banks (MfBs) operating in Nigeria have been warned against hawking and hoarding of lower currencies as the Microfinance lenders begin to disburse lower denominations of the naira with a limit placed on customers’ withdrawal. The Central Bank of Nigeria (CBN) cautioned and advised the Microfinance Banks not to use the disbursement directive for […]

FromBare2Blue: MBA Urges Federal Government To Regulate Forex

The Managing Director MBA Forex, Mr. Maxwell Odum has called on the Federal Government to regulate Foreign Exchange Investment market in Nigeria. Maxwell stated this during a media conference over the weekend at Victorial Island, Lagos, heralding the ‘FromBare2Blue’ a financial revolution round-table discussion event. He said, “Investors money can only be protected by government […]

#MTNAT18: Promises To Improve ICT Service Delivery

Leading Information and Communications Technology (ICT) company, MTN Nigeria, on Thursday promised improved quality ICT offerings as it marked 18 years of its operations in Nigeria. The MTN Nigeria Chief Executive Officer, Mr Ferdi Moolman, made the promise in a statement made available to newsmen in Lagos. According to him, publicly-listing on the Nigerian Stock […]

First Bank Pledges Support To Economic Growth

First Bank Nigeria has expressed its commitment to the development of business continuity and resilience toward boosting production and economic growth. It’s Chief Financial Officer, Mr. Patrick Iyamabo, made the assertion on Wednesday at the bank’s maiden edition of the Vendor Engagement Session with the theme: “Building Resilience in Our Vendors’ Businesses”. Mr. Patrick Iyamabo said […]