ECOWAS leaders say Dangote Refinery Symbolises Hope for Africa
ECOWAS leaders say Dangote Refinery Symbolises Hope for Africa … We’ve capacity to meet ECOWAS’s petroleum needs - Dangote Towering over the Lekki Free Zone on the edge of the Atlantic, the Dangote Petroleum Refinery is more than just a feat of engineering; it has become a symbol of ambition, vision, and industrial self-reliance for an entire continent. Now, that promise has been affirmed by the region’s highest political and economic bloc, the Economic Community of West African States (ECOWAS). DSC 6737; L-R; President of the ECOWAS Commiss…
ANOTHER MILESTONE ACHIEVED: FIRSTBANK DISBURSES N1 BILLION IN ONE DAY, THROUGH AGENT CREDIT SCHEME
ANOTHER MILESTONE ACHIEVED: FIRSTBANK DISBURSES N1 BILLION IN ONE DAY, THROUGH AGENT CREDIT SCHEME By Tosin Ajayi Firstmonie Agent Credit Scheme is a FirstBank’s digital lending solution designed to empower a wide range of low-income individuals who face barriers in accessing traditional credit channels. This innovative program offers financial support to Firstmonie Point-Of- Sale agents by enabling them to overcome liquidity challenges and capitalize on new opportunities without disruption in business due to lack of funds in agents accounts. …
Stanbic IBTC Bank Nigeria PMI: Business activity continues to rise, but growth eases to four-month low
Stanbic IBTC Bank Nigeria PMI: Business activity continues to rise, but growth eases to four-month low Although the Nigerian private sector remained in growth territory midway through the second quarter of the year, there were signs of a slowdown in the latest survey period as inflationary pressures remained elevated. Rates of expansion in output and new orders eased in May, while employment dipped for the first time in six months. The headline figure derived from the survey is the Stanbic IBTC Bank Purchasing Managers’ Index™ (PMI®). Readings…
Zenith Bank Remains Nigeria's Largest Bank by Profit in Q1 2025
Zenith Bank Remains Nigeria's Largest Bank by Profit in Q1 2025 Group Managing Director/Chief Executive of Zenith Bank Plc, Dame (Dr.) Adaora Umeoji Despite the challenging macroeconomic environment, Zenith Bank has remained resilient as it remained Nigeria’s largest bank by profit in the first quarter (Q1) of 2025. Zenith Bank recorded profit after tax (PAT) of N311.83 billion as a diversified revenue base enabled consistent earnings growth, according to data gathered by MoneyCentral. That compares with the bottom lines of Guaranty Trust …
Ecobank and Qatar Airways Celebrate Top Exhibitors at ‘Oja Oge’ Fair
Ecobank and Qatar Airways Celebrate Top Exhibitors at ‘Oja Oge’ Fair Tomilola Fetuga (left), Head of Brand Management and Experiential Marketing, and Omoboye Odu (right), Head of SME Banking, both of Ecobank Nigeria, presenting a cash prize to a representative of Accessories by Morgan for recording the highest volume of transactions during the ‘Oja Oge by Ecobank’ fair held in Lagos. Lagos, Nigeria – June 1, 2025 – Ecobank Nigeria, in partnership with Qatar Airways, has recognized and rewarded outstanding exhibitors at the recently conclude…
Access Bank Plc, KCB Group Complete National Bank of Kenya (NBK) Transaction
Access Bank Plc, KCB Group Complete National Bank of Kenya (NBK) Transaction Caption: L-R: Seyi Kumapayi, Executive Director, African Subsidiaries, Access Bank PLC and Lawrence Kimathi, Director of Finance, KCB Group, during the signing ceremony to mark the completion of the sale of National Bank of Kenya to Access Bank PLC in Nairobi on Friday. Nairobi, Kenya – May 30, 2025: KCB Group PLC (KCB Group) and Access Bank PLC (Access Bank) have completed the sale of National Bank of Kenya Limited (NBK) to Access Bank Plc, marking the conclusion…
Hydrogen, Lagos State Touch Thousands of Business Owners with “Healthy Heart, Healthy Business” Outreach
Hydrogen, Lagos State Touch Thousands of Business Owners with “Healthy Heart, Healthy Business” Outreach Lagos, Nigeria – May 30, 2025: As part of its continued effort to support the growth and sustainability of Nigerian enterprises, Hydrogen Payment Services Company Limited joined forces with Ikeja Local Government Area and the Office of the Medical Officer of Health to deliver the impactful “Healthy Heart, Healthy Business” outreach on Wednesday, May 28, 2025, at the Ikeja Local Government Secretariat. The initiative successfully engaged a w…
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