Wema Bank Plc, Nigeria’s leading Innovative Financial Institution is championing financial literacy for the next generation by participating in the Global Money Week to commemorate the Financial Literacy Day on March 23, 2023. In alignment with the theme “Plan your Money, plant your Future”, Wema Bank organized financial literacy sessions …
Read More »Int’l Women Day: NITDA Implements Initiatives to Bridge Gender Divide
The Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa has said that the Agency has been implementing several initiatives and programmes aimed at bridging the gender divide that exists in the Information Technology sector. The Director General made this disclosure through his Special Adviser on Innovation and Strategy, …
Read More »Formulating Enabling Policy is Key to Technological Infrastructure Development- Medallion Data Centres CEO
The Chief Executive Officer, Medallion Data Centres, Engr. Ikechukwu Nnamani in this interview with the Managing Editor of Business Remarks, BUKOLA OLANREWAJU addressed how Nigeria can woo attractive investments much needed for the data centres sub-sector growth and the Nigerian ICT sector at large. Can you introduce yourself and the …
Read More »Nigeria Ranks 109th on Network Readiness Index
…Score Drops As ICT Industry experts stressed the importance of networked readiness to drive social and economic transformation for African countries, Nigeria ranks 109th out of 131 Countries on the Network Readiness Index (NRI) in the year 2022. The Network Readiness Index 2022 ranks a total of 131 economies that …
Read More »Stanbic IBTC Holdings Total Assets Rise by 10% to N3.03 Trillion in 2022
Stanbic IBTC Holdings Plc in 2022 audited financial statements for period ended December 31, 2022 has reported an increase of 10 per cent from N2.74trillion to N3.03trillion in total assets. According to the report, the increase was driven by growth in gross loans & advances and customer deposits. Despite challenges …
Read More »TLG Capital Launches 2.25 Billion Naira Collateralized Credit Facility for OnePipe
TLG Capital, a pan-African alternative investments firm, announced today that it has partnered with OnePipe to provide credit services to the informal sector in Nigeria. The firm provided up to 2.25 billion Naira in a collateralized credit facility for OnePipe, a Nigerian financial infrastructure company that uses its technology platforms …
Read More »Former CBN Deputy Governor, Moghalu Reacts to Issues on Naira Redesign
A former Central Bank of Nigeria’s Deputy Governor, Kingsley Moghalu, has expressed dissatisfaction over the series of crises created by the naira redesign policy of the apex bank. Moghalu noted that the terrible suffering and economic loss Nigerians experienced as a result of the faulty implementation of the CBN’s naira …
Read More »Women in Public Relations: Thoughts for International Women’s Day 2023
By Elvis Eromosele Every day is public relations day. This is because the business of strategy and planning, communications and positioning never sleeps or stops. March 8, International Women’s Day, a day set aside to celebrate women, is a good time to recognize the role of women in public relations …
Read More »Least Developed Countries’ Debt Profile May Hit $83 Billion
President of the 77th session of the UN General Assembly, Csaba Kőrösi has said the debt profile of the world’s Least Developed Countries (LDC) may hit $83 billion. In his remarks to the Civil Society Forum also being held on the margins of the LDC Leaders’ Summit in Qatar on …
Read More »720 Million People Lacks Internet Connectivity in Africa, Other Least Developed Countries
…As Deepening Digital Divide Threatens World’s Least Developed Countries Not less than two-thirds of the Least Developed Countries’ (LDC) population remains unconnected to the internet according to a new report by International Telecommunication Union (ITU). This represent over 720 million people who lacks internet connectivity in this region. According to …
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