First Bank’s SMECONNECT Platform Continues To Help Businesses Thrive

Small Medium Enterprises are the ultimate drivers of the economy, and when they are under-utilized and not given the much-needed support to thrive, it has an overriding effect on the overall growth and development of a Nation. In a demonstration of its continuous commitment to National development, FirstBank’s ‘’SMEConnect‘ continues to create an atmosphere for SMEs to build, grow and scale.  …

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Ogun to get $200m from Afrexim Bank for infrastructure development

The African Export-Import Bank (Afrexim) has disclosed plans to support infrastructural development in Ogun State with $200m. The fund, according to the bank, will be dedicated towards projects and other developmental initiatives embarked upon by the incumbent administration in the state. The President and Chairman of the Board of Directors of the Afrexim Bank, Benedict Oramah, who made this known …

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Disclaimer: Fidelity Bank Denies ‘E-Universe Promo‘

The management of Fidelity Bank has denied being behind an online scam scheme called “E-Universe Promo”. A statement from the bank reads that “Neither Fidelity Bank nor any of its agents have any ties to the purported E-Universe Promo. We conduct our business promotions in line with the laws of the federation and global banking standards. “Fidelity Bank does not …

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Mushroom can generate 16 million jobs, N1.8tn revenue – Grower

The Nigerian mushroom subsector can contribute N1.8tn trillion to the country’s revenue base if properly developed by the Federal Government. The Chairman of the Mushroom Growers, Processors and Marketers Association of Nigeria, Michael Awunor, disclosed this at the inaugural summit of the association held on Tuesday in Abuja. Awunor stated that as a non-oil resource, the mushroom sector could boost …

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Stock investors lose N360bn, market cap falls below N20tn

Investors lost N360bn on Tuesday at the end of trading on the floor of the Nigerian Exchange Limited as the stock market extended its decline. The NGX All-Share Index fell by 1.81 per cent to close at 37,847.07 basis points from 38,545.3bps on Monday, while the market capitalisation dropped to N19.73tn from N20.09tn. A total of 218.27 million shares valued …

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NDLEA Nabs Medical Doctor, Soldier For Dealing In Cocaine

A  medical doctor, Jane Chioma Ofoma has been arrested in Auchi, Edo state, by operatives of the National Drug Law Enforcement Agency, NDLEA, for operating an online catering service, Omachis kitchen, through which she sells drugged cookies and biscuits. Following intelligence and surveillance, narcotic officers of the Edo State Command of the Agency on Saturday 19th June, 2021, stormed her operational …

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In Pictures: Fidelity Bank MD/CEO, Nneka Onyeali-Ikpe In Abuja As Air Peace Took Delivery Of New Aircrafts

The Managing Director/CEO, Fidelity Bank PLC. Mrs. Nneka Onyeali-Ikpe was in Abuja on Thursday June 17, 2021 when Air Peace Airline took delivery of the first of 13 brand new E195-E2 directly from Embraer facility in São José dos Campos, Brazil. The new aircraft  with registration number 5N-BYF, named Helen Ekwusi Onyema, touched down at the Nnamdi Azikiwe International Airport, …

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Asset declaration: EFCC issues final warning, targets over 120 bank MDs, top executives

The Economic and Financial Crimes Commission has issued a final warning to over 120 managing directors and top executives of banks to submit their asset declaration forms. The anti-graft agency gave the top bankers till June ending to obey the order even as the initial deadline of June 14 has passed. The EFCC Chairman, Abdulrasheed Bawa, had initially in March …

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Fidelity GAIM Season 4 Final Draw To Hold On July 22

Bank To Enrich 15 Lucky Customers With Millions of Naira Fidelity Bank Plc, top Nigerian lender, has announced plans to enrich the lives of fifteen Nigerians with a total of 39 million Naira at the final draw of the Get Alert in Millions Campaign (GAIM) Season 4 savings promo, slated for July 22, 2021.  The savings promotion, which is specifically …

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