30 results
- 14 Apr 2019
AfDB Hails Canada’s US$1.1 b Pledge in Callable Capital Support
On the sidelines of the World Bank-IMF Spring meetings, Canada announced a $1.1 billion commitment in temporary callable capital to support the African Development Bank. Canada’s announcement, to be…
- 21 Mar 2017
IBM Unveils Enterprise-ready Blockchain Service
International Business Machines Corp has launched a service that will allow businesses to build applications on its cloud using blockchain code from the Hyperledger Project, the cross-industry group…
- 12 Jul 2017
FXTM: Investors on the Sidelines Ahead of Janet Yellens Testimony
FXTM Chief Market Strategist Hussein Sayed comments on possible outcomes on Janet Yellen’s Congress testimony tomorrow and the Canadian dollar. With the absence of any top tier news and the markets…
- 12 Jun 2025
AfDB to Provide $184.1mfor Africa’s Largest Solar Energy, Battery Storage Project
The Board of Directors of the African Development Bank Group has approved a financing package of up to $184.1 million to support the development of the Obelisk 1-gigawatt solar photovoltaic project…
- 8 Feb 2024
Nigerians in Diaspora to Float N100bn Venture Capital Fund, SMEs Bank
A group of Nigerians based in the US, Canada, the Caribbean, Europe and South Africa is planning a N100 billion Venture Capital Fund and also a specialized bank targeted at Small and Medium…
- 29 Jan 2018
Standardization, the Watchword in Data Centre Operations as Customers Become More Savvy- Egboye
It is a great thing that the government requesting that data should be hosted in the country, and that is what is done globally. For us, it has been a blessing, because it has increased our footprint…
- 15 Jun 2010
Insurance and Banking in Nigeria: Any Relationship?
Under the financial services sector, banks and insurance companies fall within the same tripod, alongside the capital market. As the Central Bank of Nigeria continues in its reform of the banking…
- 30 Jun 2023
AfDB Approves $115m Loan to Abia State for Road Rehabilitation, Solid Waste Management
The Board of Directors of the African Development Bank Group has approved a loan of $115 million to support a major road rehabilitation project in Nigeria’s Abia State. The project will see the…
- 26 Oct 2018
Nnamani Wins 2018 Canadian Excellence Award
Engr. Ikechukwu Nnamani, President and Chief Executive Officer of Medallion Communications Limited, has been awarded the 2018 Enterprise Award by Toronto Canada based Transformation Institute.…
- 3 Feb 2014
IFC, IIB to Boost Development in Emerging Markets
International Financial Corporation (IFC) and International Investment Bank (IIB) have agreed on closer collaboration, to provide vital financing to private companies, help boost growth, and create…
- 25 May 2016
FXTM: Risk Aversion Drives Commodity Currencies Lower
Commodity currencies traded in red across the board early Tuesday as risk aversion and dropping commodity prices continued to weigh on high yielding currencies. The Aussie fell by more than 30 pips…
- 26 Jul 2026
AfDB, Nigeria Urge African Control of Mineral Resources
Nigeria and the African Development Bank (AfDB), on Sunday, called for stronger African ownership of the continent’s vast mineral resources and advocated greater data sovereignty, regional…
- 13 Apr 2016
Phillips, Agbaje, Others to Lead Discussion On RoIs in Uncertain Times
Foluso Phillips, chief executive officer, Philips Consulting Group Nigeria, Segun Agbaje, chief executive officer of GTbank Nigeria Plc are expected to lead a roundtable on change, experience…
- 18 Dec 2020
WorldRemit Identifies Top 20 Migrant Moments of 2020 @ International Migrants Day
WorldRemit, a leading cross-border payments company, celebrated International Migrants Day yesterday by announcing its list of the top 20 Migrant Moments of 2020. This list features developments…
- 6 Apr 2016
50 Tops Notable Leaders To Attend Change Leadership Organisation Executive Roundtable
The Change Leadership Organisation, focused on empowering organisations and leaders across Africa to lead transformational change, has announced its exclusive event, The Change Leadership Executive…
- 12 Feb 2016
Future of Nigeria’s Economy Lies on Software Technology- Systemspecs
Nigeria has the capacity to influence the global software technology landscape and reap the huge attendant benefits if the government makes a conscious effort to actualise the prosperous future that…
- 27 Jan 2022
Leatherback Moves to Make Global Transactions Fast, Secure
New “neo bank”, Leatherback, has announced that it is poised to disrupt the financial services sector with its one account, multiple currency solution that allows businesses and individuals to…
- 7 Jul 2014
UBA, 12 Nigerian Banks Make Top 1000 World Ranking
Nigerian-Banks for the second consecutive year, 13 Nigerian banks made the list of Top 1000 World Banks as published by The Banker magazine of the Financial Times Group in its 2014 edition. The…
- 11 Sept 2013
US Jails Nigerian Fraudster 3 Years for 419
Emmanuel Ehkator, a Nigerian who was investigated by the Economic and Financial Crimes Commission, (EFCC) for criminal conspiracy to commit mail and wire fraud in the United States of America has…
- 25 Nov 2016
AfDB Appoints Ebrima Faal Director, Nigeria Country Office
The African Development Bank has appointed Ebrima Faal as the Director for the Nigeria Country Office with effect from 1 December 2016. The Nigeria Country Office is the largest single office of the…
- 24 Aug 2021
Plentywaka, Nigerian mobility startup Raises $1.2m Seed Funding, Acquires Ghana’s Stabus
Plentywaka, a Nigerian mobility startup has raised a $1.2 million seed round, after successfully ending the Techstars Toronto Accelerator Program in July 2021. L-R: CMO Stabus, Nicholas Boampong,…
- 27 Aug 2013
Okonjo-Iweala Inaugurates Sarah Alade-led NEXIM Board
The Board of the Nigeria Export-Import Bank (NEXIM) recently reconstituted by President Goodluck Ebele Jonathan, has been inaugurated by Dr. Ngozi Okonjo-Iweala, coordinating minister for the Economy…
- 4 Nov 2025
ZachXBT, Crypto Investigator Lists Nigeria, Others as Worst Jurisdictions for Scam Victims
ZachXBT, scam survivor turned Blockchain investigator, has named Nigeria, India, Canada, UK and Russia, as the hardest places to help crypto scam victims. ZachXBT cited stagnant legal systems and…
- 14 Nov 2019
Heritage Bank Identifies High Prospects in Nigeria’s £4Bn Gold Market
Heritage Bank Plc, Nigeria’s most innovative banking service provider, has disclosed that Nigeria’s Gold market is worth £4 billion Pounds with high prospects of profitability for all players in the…
- 15 May 2025
IFC Invests $5m in Husk Nigeria to Build 108 Solar Mini Grids
Husk Power Energy Systems Nigeria Ltd (Husk Nigeria), a subsidiary of solar mini-grid operator Husk Power Systems Inc., has received a $5 million investment from The International Finance Corp.…
- 4 Sept 2014
Court Freezes Dangote’s Accounts in 20 Banks
A Federal High Court in Lagos has ordered 20 Commercial banks in Nigeria to dishonour all withdrawal cheques from Mr. Sani Dangote, younger brother to Alhaji Aliko Dangote, and his companies, Dansa…
- 5 Nov 2018
Access Bank, Transfast Partner for Instant Money Transfer to Nigeria
Transfast, a leading provider of cross-border payments and remittance solutions, has partnered with Access Bank to facilitate inflow of remittance to bank accounts & delivery in the form of cash…
- 17 Sept 2018
Access Bank Partners Worldremit On Money Transfer
WorldRemit, international digital money transfer service has partnered with Access Bank for instant money transfers to Access Bank accounts in Nigeria. The new partnership further expands…
- 5 Dec 2015
BlackBerry Extends Mobile Payments to Nigeria, Others
Blackberry Limited, the Canadian global mobile communications leader, has announced its intentions to extend its mobile payment option to Africa, starting with Nigeria, then South Africa. Blackberry…
- 6 Sept 2017
Expert Tasks CBN on Cryto Currency Trade
Mr Peter Moradeyo, Chief Executive Officer of Xchangerate.oi, has called on the Central Bank of Nigeria to come up with a profound policy framework for the adoption and trading in Crypto currency in…