In the world of investments, there are different definitions of this element depending on the instrument you are dealing with and your personal propensity to deal with it. To use a general definition, it can be said that, when investing, risk is the possibility that the return is worse than[Read More…]
Business
ICSAN conference deciphers how Nigeria can benefit from AFCFTA
The Institute of Chartered Secretaries of Nigerian (ICSAN) has rounded off its 45th Annual Conference/AGM in Lagos calling on Africa policymakers and Nigeria, in particular, to prioritize investments in regional infrastructure so as to catalyze integration and facilitate intercontinental trade as it has the potential to lift 30 million people[Read More…]
How FirstBank Employees are Making a Difference in their Immediate Environments Through the SPARK Initiative
Every other day, social media brings us a picture or video of a dilapidated school somewhere in Nigeria or shares images of a distraught widow, a struggling roadside trader or street hawker, or some other hapless victims of the extremely harsh realities of living in Nigeria. Immediately, as if on[Read More…]
FIRSTBANK HOSTS FINTECH SUMMIT 5.0, HIGHLIGHTS THE IMPACT OF OPEN BANKING ON FINANCIAL INCLUSION
First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has announced that the 2021 edition of its annual FINTECH Summit is scheduled to hold on Thursday, 7 October 2021 by 10:00 am. The virtual event is opened to everyone, but participants are required to register via the link https://firstbanknigeria.zoom.us/webinar/register/WN_NmkYfeckQqu4vjTWy5lr5w[Read More…]
CELEBRATING 2021 World Tourism Day: Adamawa State Is Open For Tourism Development
‘’ Tourism for Inclusive Growth’’ is the theme for World Tourism Day 2021. This year’s official celebration will be hosted by Cote d’voire , country on the coast Western Africa , with Abidjan the de facto capital and Yamoussoukro the administrative capital ) It is celebration of tourism’s ability to[Read More…]
FIRSTBANK EXPANDS ITS INTERNATIONAL MONEY TRANSFER NETWORK, REINFORCES ITS COMMITMENT TO CUSTOMER SERVICE.
In furtherance of the need to expand diaspora remittance inflow into the country, First Bank of Nigeria Limited has increased its network of International Money Transfer Operators (IMTOs), targeted at easing the accessibility of its customers to receive money from close to 100 countries across the world in a safe[Read More…]
Naira Hits 550 To A Dollar As EFCC Warns Banks Against Forex Fraud
The Naira was at a record low against the dollar on Thursday, depreciating to nearly N550 at the unofficial market from N530 at last week’s close as demand for the greenback from importers continues to bump up against scarce market liquidity. Checks in Kano revealed the record high forex rate[Read More…]
Oil Theft and Nigeria Economic Imbroglio
Nigeria loses 138,400 barrels of crude per day (about 7% of its total production) to theft, oil spills or shortage in production, according to a report from the Nigerian Extractive Industries Transparency Initiative (NEITI). The NEITI report further said that Nigeria has lost more than 505 million barrels of crude,[Read More…]
BUA Cement Holds AGM, Declares 72.3 BillionNaira Profit, Pays 70 Billion Naira. Dividends
BUA Cement Plc, one of Africa’s largest Cement companies, today held its Annual General Meeting for the period ended December 31, 2020 whilst paying out dividends of over N70billion at N2.067k per ordinary share in a move that shareholders applauded. This is coming on the heels of a profitable year[Read More…]
FIRSTBANK HOLDS SMECONNECT WEBINAR, ENLIGHTENS ENTREPRENEURS ON ACCESSING FINANCE FOR THEIR BUSINESS
Nigeria’s premier and leading financial inclusion services provider, First Bank of Nigeria Limited will hold its SMEConnect Webinar by 11am on Thursday, 8th July 2021 with “The ABCs of Accessing Finance for your Business” being the topic to be discussed at the event. Participants are required to register for the[Read More…]