Access Bank partners NYSC to promote entrepreneurship with N30m grant
osemary IwualaAugust 24, 2022
By Rosemary Iwuala Access Bank Plc, through its Accesspreneur programme in partnership with the National Youth Service Corps (NYSC), has empowered 20 NYSC corps members across the country with N30 million in grant. The grant was given out to corps members with winning entrepreneurial ideas in Abuja, Akwa Ibom, Bayelsa, Edo, Ekiti, Ogun, Ondo, Oyo […]
Irvin Global creates investment scheme to enhance viable ROI for Nigerians
Onome AmugeAugust 23, 2022
Irvin Global Group, a Nigerian financial consultancy company, has launched an innovative financial investment plan to enable Nigerians gain access and make a healthy return on investment (ROI) monthly, quarterly, bi-annually, and annually depending on their financial capacity. The company which has offices in Abuja, the administrative headquarters of Nigeria, and Lagos, the country’s commercial […]
Why online casinos are adopting esports
Businessam StaffAugust 23, 2022
With the popularity of esports on the rise, it’s no surprise that online casinos are starting to take notice. Esports offer a whole new level of excitement and engagement for casino players, and there are a number of reasons why they’re becoming more popular among operators. For one, esports provide an immersive and engaging experience […]
U.S Consulate General inducts new Carrington youth fellows
Businessam StaffAugust 23, 2022
Fifty Nigerians have been inducted into the 2022/2023 cohort of the Carrington Youth Fellowship Initiative (CYFI), at a ceremony attended by Will Stevens, the U.S. consul general. During his remarks at the induction ceremony held in Lagos, Nigeria’s largest city by population, Stevens encouraged the new CYFI fellows to continue to be a catalyst for […]
Afreximbank commits $150m to Enyimba Economic City project
Godfrey OfurumAugust 23, 2022
By Godfrey Ofurum, in Aba Sovereign Wealth Fund to manage FG’s 20% stake The Abia State government has stated that AfreximBank is committing a total investment of $150 million in the proposed Enyimba Economic City (EEC) project. The federal government has handed the management of its 20 percent equity holding in […]
Africa: An investment hub
Businessam StaffAugust 23, 2022
YAA AGYARE-DWOMOH, a consultant with Frost & Sullivan, in this article, provides an insight into Africa’s Investment Hub. In May 2022, global venture capital funding (VC) fell below $40 billion due to falling start-up valuations and the selloffs of once-booming stocks in vibrant sectors. Both the Asian and North American markets recorded one percent […]
FCT-IRS partners NFIU to boost revenue generation
Olivia NnoromAugust 19, 2022
By Olivia Nnorom The Federal Capital Territory Internal Revenue Service (FCT-IRS) has collaborated with the Nigerian Financial Intelligence Unit (NFIU) as part of efforts to exceed its N200 billion revenue generation target for 2022. Haruna Abdullahi, acting executive chairman, FCT-IRS, said this at a one-day retreat organised for members of staff of both organizations in […]
FCMB partners PressPayNg to provide student loans
Chisom NwatuAugust 19, 2022
By Chisom Nwatu First City Monument Bank (FCMB), a member of FCMB Group Plc, has partnered with PressPayNg, a financial technology start-up firm, and other organisations to provide a payment solution for student loans. PressPayNg, which started operations in November 2021, said it had on board over 60,000 students and had processed over N5m worth of […]
DLM Capital Group unveils child education plan
Innocent ObasiAugust 17, 2022
By Innocent Obasi DLM Asset Management, a DLM Capital Group subsidiary, has launched its Child Education Plan. This is in furtherance of the firm’s commitment to providing opportunities for parents/guardians to secure the education of their children or wards through effective planning and sustainable investments. The DLM Child Education Plan is designed to enable parents/guardians to […]
NIRSAL MFB launches new facilities for SMEs, salary earners
Innocent ObasiAugust 11, 2022
By Innocent Obasi NIRSAL Microfinance Bank Limited (NIRSAL MFB) has launched two new products to make credit easily accessible to both business owners and salary earners. The new products, SME Loan and Salary Advance, are part of the bank’s On-Balance Sheet Lending portfolio for easy access to credit facilities by Micro, Small and Medium Enterprises that require affordable credit facilities […]