All over the world, people are still struggling to come to terms with the newly popular cryptocurrencies that have come into existence. 2017 was the turning point for these cryptocurrencies as prices soared higher which attracted investors without knowing the risk involved. A cryptocurrency is a digital token or asset[Read More…]
Business
Firstbank Highlights Role Of SMES To Economu At EHINGBETI LAGOS SUMMIT
The Chief Executive Officer of First Bank of Nigeria Limited, Dr Adesola Adeduntan, has restated the strategic importance of small and medium enterprises SMEs to the growth and development of the national economy. Adeduntan said the path to the growth of Nigerian economy lies in growing the SME sector, and[Read More…]
FIRSTMONIE WALLET GIVES YOUR VALENTINE A BOOST WITH BONUS DATA AND AIRTIME
You’ve got Firstmonie Wallet on your phone? Did I hear you say Yes… then, count yourself lucky because your first daily recharge and data subscription between 13 – 15 February will give you the opportunity to speak more to your loved ones, or spend more time on your favourite social[Read More…]
Firstbank Empowers It’s Firstmonie Agents With Up To 1 Million Naira
In furtherance of the need to promote the business activities of its foremost agent banking platform – Firstmonie Agents – Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited, has announced the provision of loan facilities – up to one million naira – to its banking agents. The[Read More…]
Ogun State Signs Partnership Agreement with Fan Milk to Build Dairy Farm
Fan Milk Plc, a DANONE Company, has signed a partnership agreement with the Ogun State Government to establish its flagship dairy farm at the Odeda Farm Institute, in the Odeda Local Government Area. The partnership, an alliance with the state, is to introduce global standards in dairy farming, empower local[Read More…]
Firstbank Holding PLC Announces New Appointments
FBN Holdings PLC (“FBNHoldings), Nigeria’s leading financial holdings company, has announced the appointments of Mr. Seni Adetu and Mrs. Juliet Anammah as Independent Non-Executive directors, while Mr. Otu Hughes has been appointed as a Non-Executive director. These appointments are subject to the approval of the Central Bank of Nigeria (“CBN”).[Read More…]
MultiChoice Announces Price Slash On DStv, GOtv Decoders
Entertainment provider, MultiChoice Nigeria, has announced a price slash on its DStv and GOtv decoders starting Monday, February 1st, 2021. The price slash will see the DStv HD decoder, dish kit with Compact package subscription drop from N18, 600 to N9,900 on Confam package, while GOtv decoder, GOtennae with GOtv[Read More…]
Inflation: A Ticking Bomb In Nigeria’s Rural Areas
It’s a known fact that, back in the days, there is always a big gap between the rural and urban inflation rate, but that is not the case in recent times. The rural areas have seen a very close gap in inflation rate between them and urban dwellers. This is[Read More…]
Firstbank Deepens Financial Inclusion With Largest Agent Banking Network, Empowers SMES
At present, there are over 86,000 banking agents across 772 out of the 774 local government areas in Nigeria, a demonstration of FirstBank’s commitment to deepening financial inclusion and ensuring the unbanked are adequately catered for. In an interview with BusinessDay, Adesola Adeduntan, FirstBank’s CEO, noted that over N9.6 trillion[Read More…]
Dangote Loses $900m, Drops Eight Places On Billionaires List
Dangote Industries Limited ended trading on the Nigerian Stock Exchange, Friday, as the biggest loser leaving its owner, Aliko Dangote, with a drop in net worth by $900m. Bloomberg Billionaires Index which ranks the first 500 richest people in the world showed that his wealth fell from $18.4bn on Thursday[Read More…]