MultiChoice Chief Executive Calvo Mawela stated that a potential $3bn merger with French media company Canal+, owned by Vivendi SE, would strengthen the African TV company’s ability to compete with US streaming giants such as Netflix. In an interview ...
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The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has disclosed an alleged scheme involving an oil cabal in Nigeria working alongside international oil companies (IOCs) to undermine the operations of private refineries like Dangote Petroleum Refinery. ...
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*Wema Bank Honored at Global Retail Banking Innovation Awards 2024 … Receives Best SME Bank in Nigeria and Excellence in Digital Innovation Awards* Wema Bank, recognized as Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ...
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The estimated cost of landing Premium Motor Spirit, commonly known as petrol, on Nigeria’s shores has seen a considerable reduction of 20.34 per cent, dropping to N971.57 per litre over the past three months. This decline in landing cost, ...
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First City Monument Bank is offering up to N30m to help Nigerian households and small businesses procure solar panels, batteries, inverters, and other clean energy equipment. According to a statement from the bank, the loan aims to ease financial ...
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Wema Bank has launched a banking app, ALAT Xplore App, to empower teenagers with financial resources and the opportunities to give them a head-start towards financial responsibility. A statement from the bank indicated that the app targeted at teens ...
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Omah Lay has reportedly purchased two brand-new Tesla Cybertrucks, according to a car seller on Instagram. The autodealer took to Instagram to tease the sale, asking fans to guess the buyer’s identity. “We just sealed a deal on another ...
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Lagos, Nigeria – November 6. FirstBank, the premier West African financial institution and financial inclusion service provider is excited to announce its 6th annual Fintech Summit, themed “Banking on Partnerships,” scheduled to hold on November 13 and 14, 2024. ...
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Polaris Bank’s commitment to digital innovation and excellence has once again been recognized, as the Bank was awarded the prestigious “Best Mobile App” award for its renowned digital banking platform, VULTe, at the Digital Jurist Awards held October 31 ...
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The Oyo State Government has approved a minimum wage of ₦80,000 for the state workforce. The Commissioner for Information and Orientation, Prince Dotun Oyelade, in a statement said the Technical Committee set up by the State Government recommended and ...
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The dollar surged and bitcoin hit a record high Wednesday before Donald Trump claimed victory in the US election, with traders ramping up bets on fresh tax cuts, tariffs, and rising inflation. While polls had shown the race on a ...
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Elon Musk’s wealth could grow by about $15 billion as Tesla’s stock surged following Donald Trump’s recent election victory. Tesla shares rose nearly 15% in pre-market trading, reaching $289.44, which added around $113 billion to the company’s overall value. ...
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Wema Bank Launches Export Trade Academy to Empower Nigerian SMEs in International Markets In a bold step towards empowering Nigeria’s small and medium enterprises (SMEs), Wema Bank has launched the Wema Export Trade Academy, a groundbreaking initiative designed to ...
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Wema Bank Releases Q3 2024 Unaudited Results… Reports Profit Before Tax of ₦60.62billion, a 174% YonY Growth . Wema Bank Nigeria (“Wema” or “the Bank”)) has released its unaudited Consolidated Financial Statements for the period ended September 30th 2024, ...
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Lagos- 30 Ocrober 2024, as part of its commitment to sustainable finance and taking active steps towards reducing its carbon footprint, FirstBank has joined the Partnership for Carbon Accounting Financials (PCAF) to promote sustainable finance, combat climate change and ...
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About 110 customers of the United Bank for Africa have been rewarded with N42.8m in its ongoing Legacy Promo. The promo, which is part of its ‘75 Years, 75 Winners’ celebration, held its October draw, where the winners emerged. ...
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Leading financial technology firm, OPay, has been recognised as the ‘Mobile Payment Solutions Provider of the Year’ award at the 12th Annual Banks and Other Financial Institutions Awards. OPay said that the recognition was a testament to its continued ...
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Heirs Holdings and the Tony Elumelu Foundation have provided $5,000 in seed capital to young African entrepreneurs to spur economic growth across the continent. The announcement was made during the Future Investment Initiative New Africa Summit in Saudi Arabia, ...
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The President of Coscharis Group, Dr Cosmas Maduka, has been inducted as a Fellow of the Chartered Institute of Directors, Nigeria. This conferment was made known through a statement made available to The PUNCH on Monday by the company’s ...
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The Managing Director/Chief Executive Officer of Wema Bank, Moruf Oseni, has harped on the need to maintain excellence in the banking sector, as he received the highest honour from the Chartered Institute of Bankers of Nigeria. Oseni was honoured ...
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Access Bank has revealed that it is considering selling dollar-denominated securities to Development Financial Institutions and on the open market to boost its capital base and fund expansion plans. This was disclosed by the Managing Director, Roosevelt Ogbonna, during ...
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The Nigerian Bottling Company has trained youths in Lagos and Imo states as part of its youth empowerment programme, #YouthEmpowered aimed at equipping young Nigerians with employability and entrepreneurial skills. In a statement, NBC said it designed the initiative ...
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The surging global popularity of TikTok has seen the co-founder of its parent company, ByteDance, become China’s richest person, the BBC reports. According to a rich list produced by the Hurun Research Institute, Zhang Yiming is now worth $49.3bn ...
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Barely three weeks after raising the price of Premium Motor Spirit, popularly known as petrol, Nigerians were outraged when the Nigerian National Petroleum Company Limited on Tuesday adjusted the pump prices of the commodity, as oil marketers foresee further price ...
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WEMA BANK PIONEERS NIGERIA’S FIRST LICENSED BANKING APP FOR TEENAGERS, ALAT XPLORE App Wema Bank, Nigeria’s foremost innovative app and pioneer of Africa’s first fully digital bank, ALAT, is breaking new ground by pioneering yet another industry first; the ...
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