30 results
- 13 Sept 2016
Orange Accelerates Mobile Financial Services in Africa with CECOM Launch
With the recent receipt of Electronic Money Establishment licenses (EME) in four countries (Senegal, Mali, Côte d’Ivoire and Guinea), Orange has further strengthened its position as a major player in…
- 6 Nov 2015
IFC Nigeria’s Portfolio Fits $1.7Bn
Mrs. Eme Essien Lore, country manager, IFC Nigeria, has said that International Finance Corporation’s total portfolio in Nigeria stood at 1.7 billion dollars (N334.87 billion). Lore made the…
- 3 Sept 2013
Forbes 10 Richest Musicians in Africa
Forbes, a leading source for reliable business news and financial information has released a list of the top 10 most bankable/richest artistes in Africa with Nigeria’s Don Jazzy at number two in…
- 7 Jun 2013
Ogun Advises Workers to go Cashless
Ogun state government has advised workers in its employ to embrace the new Central Bank of Nigeria (CBN) ‘cashless’ police because of capacity of reducing the risk of cash-related crimes, making…
- 17 Dec 2013
Nigeria 2013 in Search: Heroes, Moments and Tragedies
Every day, around the world, we search. We want to find out more about our heroes, explore far-away destinations, or settle a dinner table dispute between friends. And sometimes we just search to…
- 30 Apr 2014
Top 10 Finalists Battle in Etisalat-Sponsored Nigerian Idol
The level of excitement, extraordinary musical craftsmanship and entertainment, in the past months, have left the teeming audience yearning for more from the ten contestants left in the Season IV of…
- 26 Jul 2014
SOLO Phone Unveils Unparalleled Mobile Entertainment Devices
Dynamic new device manufacturer and digital content provider SOLO Phone unveiled three exciting new phones in the Nigerian market. The new devices, S400, S410 and S500, not only boast access to an…
- 2 Dec 2014
Support for Private Equity Takes Centre Stage at 4th Annual CBO
Mr. Mustafa Chike-Obi, managing director and chief executive officer of Asset Management Corporation of Nigeria (AMCON), has re-emphasised the need to support private equity to create a more suitable…
- 8 Dec 2014
IFC Lends $200m Loan to IHS for Tower Deal
IFC, a member of the World Bank Group, announced a commitment of $200 million to help IHS Nigeria expand its tower portfolio and create mobile phone infrastructure that will improve mobile call…
- 28 Jan 2015
IFC Invests in Lafayette Microfinance Bank to Expand Access to Finance for SMEs
IFC, a member of the World Bank Group, yesterday announced a loan facility of 400million Nigerian naira approximately $2.5 million, to Lafayette Microfinance Bank. The financing will support…
- 5 Feb 2015
IFC Partners AIICO to Extend Insurance Services to More Nigerians
IFC, a member of the World Bank Group, has announced an agreement to provide a $20 million convertible loan to AIICO Insurance Plc, to support its expansion activities across Nigeria. The expansion…
- 11 Mar 2015
IFC Launches the Lighting Africa Program for Nigeria
IFC, a member of the World Bank Group, has launched the Lighting Africa program for Nigeria, a joint initiative of IFC and the World Bank, will help increase access to affordable, clean and safer…
- 28 Apr 2015
IFC Boosts Zenith Bank’s Lending Portfolio with $100m
IFC, a member of the World Bank Group, yesterday signed an agreement to provide a $100 million loan facility to Zenith Bank Plc, to increase its lending to a variety of important economic sectors,…
- 12 May 2015
IFC, GE Healthcare Develop High Quality Health Diagnostics in Nigeria
IFC, a member of the World Bank Group, announced a partnership with SRL Limited, GE Healthcare and Echo-Scan Services Limited for the development of a chain of health diagnostic centers across…
- 21 May 2015
IFC, SECO Partner on Africa Corporate Governance Program to Nigerian Businesses
IFC, a member of the World Bank Group, and the State Secretariat for Economic Affairs, Switzerland today jointly launched the Africa Corporate Governance Program for Nigeria, to support economic and…
- 12 Feb 2016
IFC, NSIA Map out Strategies to Increase Investments in Nigeria
IFC, a member of the World Bank Group, and Nigeria Sovereign Investment Authority (NSIA), managers of Nigeria’s Sovereign Wealth Fund, have co-hosted a hospital sector focused roundtable to foster…
- 19 Apr 2016
Civil Servants, Pensioners Defraud Govt with BVN
Akwa Ibom Government on Monday said it had uncovered 1,458 cases of Bank Verification Number (BVN) related frauds involving civil servants and pensioners in the public service. Mr Akan Okon,…
- 20 Sept 2016
IFC, DFID Partner to Improve Access to Electricity for More SMEs in Nigeria
IFC, a member of the World Bank Group and United Kingdom’s Department for International Development (DFID), have partnered to facilitate the deployment of off-grid and embedded solar systems in…
- 10 Nov 2016
PEWIN Expands Its Africa Presence to Nigeria
The Private Equity Women Investor Network (PEWIN), a global networking organization for senior women in private equity, with chapters in the US, Europe, Africa and Asia, has now expanded to Nigeria,…
- 20 Nov 2016
IFC Supports SEC in Strengthening Market Integrity
IFC, a member of World Bank Group, and the Securities and Exchange Commission of Nigeria (SEC), are helping to strengthen market integrity with a standardized Corporate Governance scorecard for…
- 23 Dec 2016
IFC Helps Grooming Center Microfinance Expand Services in Nigeria
IFC, a member of the World Bank Group, has signed an agreement to provide a NGN 1.5 billion (about $4.8 million) loan to Grooming Centre, a leading microfinance institution in Nigeria, to increase…
- 10 Mar 2017
IFC Partners SEC, Others Promote Greater Involvement of Women on Boards
IFC, a member of the World Bank Group, Institute of Directors’ Centre for Corporate Governance and Women in Management, Business and Public Service (WimBiz) are collaborating with the Securities…
- 24 Nov 2017
IFC Invests to aid Better Access to Quality and Affordable Healthcare in Nigeria
International Finance Corporation (IFC) the largest global development institution focused on the private sector in emerging markets has announced that it recently committed an equity investment of…
- 21 Aug 2018
Court Stops Multichoice from Hiking Subscription Fees
A Federal High Court in Abuja yesterday restrained Multichoice Nigeria Limited from going ahead with its recent decision to increase the subscription tariffs for DSTV, its satellite cable television…
- 8 Jan 2019
IFC to Help Lagos State Improve Municipal Infrastructure, Increase Revenues
IFC, a member of the World Bank Group, and Lagos State government announced a memorandum of understanding under which IFC will seek to provide advisory services to enhance infrastructure development…
- 27 Mar 2019
IFC, Africa RE to Develop New Insurance Market for Nigeria’s Farmers
IFC, a member of the World Bank Group, today announced that it has signed an agreement with Africa RE, a pan-African reinsurance company headquartered in Nigeria, to help thousands of small holder…
- 20 Aug 2019
FG Files Complaint to NBC over Live Sex on BBNaija
Federal Government of Nigeria has lodged a complaint to the National Broadcasting Commission (NBC) over the sexual content on Big Brother Naija. Segun Runsewe, director-general of National…
- 2 Mar 2020
IFC, Union Bank to Support Nigerian SMEs & Women-led Businesses
IFC, a member of the World Bank Group, today announced a $25 million local-currency investment in a risk-sharing facility to expand Union Bank’s lending to small and medium enterprises (SMEs) in…
- 17 Jun 2020
IFC Invests in Zenith Bank to Support SMEs
IFC, a member of the World Bank Group, has announced an investment of up to $100 million in Nigeria’s Zenith Bank Plc to help it increase support to clients and companies whose cash flows have been…
- 25 Jun 2020
IFC Supports FCMB to Finance SMEs Facing COVID-19 Related Challenges
IFC, a member of the World Bank Group, today announced a $50 million loan to Nigeria’s First City Monument Bank (FCMB) Limited to help it expand lending to small and medium enterprises (SMEs) so they…