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Nigeria’s leading retail Bank, Access Bank PLC, has implored its customers to be vigilant in these uncertain times as incidents of fraud are on the rise....
Zenith Bank Plc posts N58.7 billion profit before tax in its unaudited results for the first quarter ended March 31 2020. The bank’s gross earnings rose...
The collapse in the U.S. economy caused by the coronavirus pandemic triggered the biggest drop in gross domestic product in the first quarter since 2008 in...
In light of the COVID-19 pandemic, the African Export-Import Bank (Afreximbank), the African Union (AU) and the Government of Rwanda have decided to postpone by one...
Central Bank of Nigeria said it has resumed the sale of dollars to small and medium enterprises as well as for school fees. The bank in...
The planned launch of Africa Free Trade agreement for July !, 2020 has suffered a set back as organisers are forced to put it on hold...
The International Labour Organisation (ILO) has urged governments to protect workers after the ease of their lockdowns to prevent and control COVID-19 in the workplace. Mr...
NLC has urged federal and state governments to neither stop nor deduct workers’ salaries amidst the fight against COVID-19 pandemic. The Nigeria Labour Congress (NLC) has...
World Economic Forum WEF, has said that the pressure created by the COVID-19 outbreak on global trade systems highlights an urgent need for global cooperation to...
FBN Holdings PLC shareholders have approved a total dividend payout of N13.64 billion declared by the company for the financial year ended December 31, 2019. The...
Ecobank Nigeria has donated fooditems to several state governments across the country as contribution to various initiatives aimed at cushioning the effect of the current lockdown on citizens. These palliatives are targeted at the most vulnerable members of the society who have been the hardest hit economically as a result of the current crises. Speaking in Lagos, Executive Director Commercial Banking, Ecobank Nigeria, Carol Oyedeji said this action would also go a long way in supporting members of the community who earn a daily wage and may not have the opportunity of working under the present environment. She noted that the donations are part of the bank’s Corporate Social Responsibility (CSR) and focused on providing support as best as possible. She remarked that “as a bank we give strong priority to people’s welfare. We are determined to assist ordinary Nigerians during the current difficulties and this is one of the ways we are achieving this. We are also offering concessions to our SME Lending customers at this time given the strain on their cashflows and creating ease for the general public to transact digitally while at home”. Ecobank Group has so far contributed over US$3 million to the fight against COVID-19 across its footprint in Africa in line with the Bank’s commitment to the Region. The Institution is supporting governments, the World Health Organization (WHO) and partnering with private sector operators to alleviate the effect of the pandemic on citizens. These have been in the form of cash, healthcare equipment, donation of supplies, awareness campaigns while also using digital platform to provide funds to beneficiaries of various funds being distributed. The Bank is particularly mindful of the needs of its communities and remains committed to providing the appropriate support required.
Nigeria’s inflation rate for March 2020 rose marginally by 0.06 percent higher than the 12.20 per cent rate recorded in February. The National Bureau of Statistics...
Global Forwarding has launched a dedicated 100-tonne weekly air freight service for organisations and governments shipping goods from China to Africa and Middle East. Capitalising on...
FBN Holdings Plc in its unaudited results for the three months that ended on 31st March 2020 made N104.9 billion from interest income, lower than N109.5 billion in the same period...
Independent Corrupt Practices and Other Related Offences Commission, ICPC, is probing acting Director-General of the National Pension Commission (PenCom Aisha Dahir Umar for alleged misappropriation of...