Fidelity Bank successfully concludes upgrade of online banking facility
Leading retail banking giant, Fidelity Bank Plc., has concluded a recent digital maintenance upgrade on infrastructure on online banking platform, saying customers can now experience seamless transactions on all banking applications. In a terse tweet (X) sent out to customers,…
Chapel Hill Denham to list N200bn infrastructure fund on NGX
Nigerian Exchange Limited (NGX) is set to admit the Nigeria Infrastructure Debt Fund (NIDF), a N200 billion public infrastructure investment fund by Chapel Hill Denham, onto the Exchange. The Exchange, in commemorating the listing, will host a Facts Behind the…
NGX All-Share Index loses, down 0.43% today, 04/10/23
The Nigerian equities ended lower today reversing some of the gains of yesterday’s session as the benchmark index lost 0.43% to close at 66,482.28 points. Investors interest in Tier-1 banking names ZENITHBANK (+1.27%), GTCO (+2.27%) and ACCESSCORP (+0.31%) was offset…
British Group, Access Bank to drive $60m trade finance facility in Africa
British International Investment (BII), the UK’s Development Finance Institution (DFI) and impact investor, has announced a $60 million trade finance facility for Access Bank Plc in Nigeria and five of its pan-African subsidiaries. This will strengthen import and export capabilities…
BAT’s unreadiness showing as USD depreciates to N1000 per dollar
Before now, President Bola Tinubu has continued to claim that amongst all the presidential candidates, he remains the most prepared. However, indices on ground in terms of the economy, security and general welfare of Nigerians in his over 100 days…
Nigeria’s public debt stock rose to N87tn
Data released by the National Bureau of Statistics (NBS) has shown that Nigeria’s total public debt stock as of the end of the second quarter (Q2) of 2023 stood at N87.4 trillion, doubling the size of the debt in Q2…
Global SDG funding deficits and 2030 targets
By Sonny Aragba-Akpore “With only a fraction of the Sustainable Development Goals(SDGs) on track at the halfway point of the 2030 Agenda, it is urgent to ensure that everyone, everywhere can build their own digital futures,” according to International…
AIM Export Processing Terminal to drive Blue Economy—Bello-Koko
The Nigerian Ports Authority (NPA) has given approval to Advanced International Merchants (AIM) Limited otherwise known as AIM Logistics Limited as an Export Processing Terminal. The NPA Managing Director, Mohammed Bello Koko, confirmed this in an approval letter, highlighting that…
Ecobank warns customers against SIM swap fraud
Leading continental banking group, Ecobank has once again, raised alarm on the dangers of SIM swap fraud. In a message to customers via email, the bank explained that “SIM swap fraud occurs when scammers use your phone number to access…
NGX to mop up fund for FG’s agenda – Popoola
The CEO of Nigerian Exchange Limited (NGX), Mr. Temi Popoola, has affirmed that NGX is fully poised to lend its support to the Federal Government’s objectives in the economy. NGX aims to achieve this by mobilizing capital, which, as he…
