Tag: News
NAICOM Dismisses African Alliance Board and Management
The National Insurance Commission (NAICOM) has taken decisive action by dismissing the board and management of African Alliance Insurance Company. This move comes in...
Appmint: A No-Code AI Platform Empowering African Businesses
Durubata Limited has launched Appmint, an innovative no-code AI platform designed to empower small and medium-sized enterprises (SMEs) across Africa. This platform aims to...
Naira Weakens Further as CBN and IFC Partner for Local Currency...
The Nigerian Naira continued its downward trend, weakening both on the official and black markets. On Monday, the currency exchanged at 1,670.75/$ on the...
IFC and CBN Partner to Boost Local Currency Financing in Nigeria
The International Finance Corporation (IFC) and the Central Bank of Nigeria (CBN) have joined forces to unlock over $1 billion in local currency financing...
Wages Finance Launches Mobile App to Empower Users
Wages Finance, a cooperative platform, has introduced a new mobile app designed to help users achieve their financial goals. The app aims to encourage...
Elumelu Foundation Empowers Young African Entrepreneurs
Heirs Holdings and the Tony Elumelu Foundation have taken a significant step towards empowering young African entrepreneurs by providing $5,000 in seed capital to...
Nigeria’s Free Trade Zones: Driving Economic Growth
Nigeria's free trade zones have emerged as significant drivers of economic growth, attracting substantial foreign direct investment and fostering industrial development. Four prominent zones...
Nigerian-Hungarian Chamber of Commerce Promotes Bilateral Trade
The Nigerian-Hungarian Chamber of Commerce has taken a significant step towards fostering stronger economic ties between the two countries. The chamber recently held its...
Aig-Imoukhuede Foundation Recommits to Public Service Excellence
The Aig-Imoukhuede Foundation has reaffirmed its commitment to bolstering public service excellence in Nigeria. During a recent courtesy visit to the newly appointed Head...
Transcorp Completes Share Capital Reconstruction
Transnational Corporation Plc (Transcorp) has successfully completed a share capital reconstruction, reducing its total issued shares by 75%. This strategic move, aimed at maximizing...
