Union Bank partners JAN to impact over 300 girls
Lagos, Nigeria, July 23, 2022 – As part of Junior Achievement Nigeria’s vision of inspiring and preparing the youth to succeed in a global economy and in alignment with Union Bank’s corporate sustainability impact strategy, the Bank in partnership with Junior Achievement Nigeria is set to implement the annual Leadership, Empowerment, Achievement and Development (LEAD) […]
EU Offers $1.3Bn Support To Help Nigeria Diversify Economy
The European Union (EU) and its development finance institutions have announced that they will provide 1.29 billion euros ($1.3 billion) to Nigeria to help it diversify its economy away from oil. According to Reuters, the funding will be provided until 2027 under the EU’s “Green Deal” initiative and will, among other things, focus on improving […]
Unity bank announces agric, fashion entrepreneurs, others as winners of N10M Corpreneurship challenge grant
Unity Bank Plc, a Nigerian lender, has awarded a N10 million business grant to 30 corps members who won the eighth edition of its flagship Entrepreneurship Development Initiative, known as Corpreneurship Challenge. The winners were chosen following a business pitch that took place recently in ten states: Rivers, Delta, Sokoto, Edo, Abuja, Akwa-Ibom, Osun, Kano, […]
Zenith bank retains position as Nigeria’s best commercial bank, also scoops best corporate governance bank award at World Finance 2022 awards
Zenith Bank has been named the Best Commercial Bank in Nigeria in the World Finance Banking Awards 2022, retaining the title for the second year in a row. The bank was also named the Best Corporate Governance Bank in Nigeria. Ebenezer Onyeagwu, Group Managing Director/Chief Executive of Zenith Bank Plc, received the awards yesterday at […]
Union Bank Releases 2021 Citizenship, Sustainability, Innovation Report
Union Bank, a leading financial institution, has today published the sixth edition of its annual Citizenship, Sustainability, and Innovation (CSI) report, which provides an update on the bank’s initiatives in the environmental, social, and economic sectors for 2021. This year’s report, like previous editions, highlights Union Bank’s ongoing efforts to positively impact the people and […]
Subsidy: Experts rage as deficit hits N580bn in February
The growing impact of fuel subsidies on the economy sparked fresh outrage from economists yesterday, as the Federal Government’s deficit spending increased by 6.5% month on month, MoM, to N580 billion in February, owing to a 36% decline in oil and gas revenue into the federation account during the month. According to the Central Bank […]
Unity bank corpreneurship challenge: Delta, Rivers CORPS members to benefit from N10M business grant
Corpreneurship Challenge, Unity Bank’s flagship Entrepreneurial Development Initiative, will return for the eighth edition across 10 locations in Nigeria, including a debut in Delta and Rivers States. The Corpreneurship Challenge scheme was launched in Lagos and three other states in 2019, including Edo, Ogun, and Abuja, but due to the growing popularity of the initiative among […]
Fidelity Partners ImpactHER to Empower 1,052 Female Entrepreneurs with Sales Skills
Fidelity Bank, a leading Nigerian financial institution, has partnered with ImpactHER to assist 1,052 female entrepreneurs across 36 Nigerian states in addressing the challenges they face in their small and medium-sized businesses. Beneficiaries from two cohorts were able to increase sales by improving their visibility through diverse digital skills training and direct business support. The training, […]
Naira depreciates further to N614/$ at parallel market
The Nigerian naira has fallen to N614 per dollar in the parallel section of the foreign exchange market. The figure represents a depreciation of N7, or 1.2 percent, compared to the N607 it traded for in the previous two weeks. Bureaux De Change operators (BDCs), also known as ‘abokis,’ said on Tuesday that they buy the greenback […]
Coca-Cola Partners MEDIC On Elegushi Beach Cleanup Exercise
The Coca-Cola System, which consists of Coca-Cola Nigeria, the Nigerian Bottling Company (NBC), and Chi Limited, has cleaned up the Elegushi Beach in collaboration with the Mental and Environmental Development Initiative for Children as part of its efforts to protect the environment for sustainable living and promote plastic waste management in Nigeria (MEDIC). In addition […]