ATIKU

The Lagos State Health Management Agency (LASHMA), in its commitment to ensure that residents at the grassroots have access to affordable, effective and quality healthcare, has partnered with First Bank of Nigeria Limited to utilise its over 13,000 Firstmonie Agents as payment channels for the Lagos State Health  Scheme (LSHS).   The General Manager, Lagos  […]

   The IndustriALL Global Union has pledged its support to contribute to the success of Dangote Oil Refinery.   Leading a delegation of the union to the plant site in Ibeju-Lekki on Monday, Comrade Issa Aremu, the Vice President of the group, said they were there to express their appreciation to Aliko Dangote, Chairman of […]

In the light of COVID-19, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to promote financial activities on the ATM devoid of any form of physical interaction with the machine. The introduction of the FastTrack ATM which is done in partnership with Inlaks enables customers […]

The Ecobank Group is set to launch ‘Ellevate’, a programme for women-owned and women-focused businesses across 33 markets, the lender has said. This programme is designed to help women reach their full potential by empowering, growing and supporting them with customized financial and value-added solutions, the bank said in an emailed statement Thursday. Women constitute […]

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced that its mobile banking application, FirstMobile, has been awarded the 2020 Best Mobile Banking App award 2020 in the Global Finance Best Digital Bank Awards 2020. The achievement of this feat is largely attributable to the Bank’s relative strength and […]

  The African Export-Import Bank (Afreximbank), the pan-African multilateral EXIM bank, partners with the International Islamic Trade Finance Corporation (ITFC), the Trade Finance Arm of the Islamic Development Bank (IsDB) Group; and the Arab Bank For Economic Development in Africa (BADEA), to launch a $1.5-billion Collaborative COVID-19 Pandemic Response Facility to support African economies with […]

  …Disburse over N50bn in intervention funds in 3 months.   Fidelity Bank Plc has continued to sustain its impressive run of financial performance with the strong 3rd quarter results for the year, released Monday at the Nigerian Stock Exchange (NSE). Details of the results show improvements in key indices though Gross Earnings dropped marginally […]

The rabbit hole of uncertainty, confusion and fear that pupils and their parents fell into in the dying days of March when the country was in lockdown was best captured in a Saturday Sun feature of May 16, titled, “COVID-19: Troubles of e-Learning.”    The story catalogues the challenges that erupted out of the disruption […]

…says metering gas over 10 million   The Development Financing department of Central Bank of Nigeria on Monday released its framework for the National Mass Metering Programme.   The introduction of the Service-Based Tariff (SBT) in the Nigeria Electricity Supply Industry (NESI) effective Sept. 1, had put increased emphasis on the need to close the […]

Nigeria’s premier and leading financial inclusion services provider, First Bank of Nigeria Limited has announced that its CEO, Dr. Adesola Adeduntan has been honoured with membership of Bretton Woods Committee (BWC).  FirstBank has also joined Bretton Woods Committee as an Organisational Supporter in line with the commitment to demonstrate cooperation and foster global well-being.    […]

When Stripe announced earlier this year that it had picked up another $600 million in funding, it said one big reason for the funding was to expand its API-based payments services into more geographies. Today the company is coming good on that plan in the form of some M&A.   Stripe is acquiring Paystack, a […]

  The Central Bank of Nigeria on Tuesday cut the Monetary Policy Rate by one percentage point to 11.5%, in a bid to stimulate borrowing and lending to boost economic activities.   That was the key decision by the Monetary Policy Committee of the central bank, as it noted that the economy will likely continue […]