By-Elections: ADP, LP Win Senate, Reps’ Seat In Plateau; APC In Kaduna

The Independent National Electoral Commission (INEC) has declared Dachung Pam Mwadkon of the African Democratic Party (ADP) and Daniel Asama of the Labour Party as the winners of the Plateau North Senatorial District and Bassa/Jos North Federal Constituency rerun elections.…

Pillow wants to make crypto saving and investing easy for new users

Pillow aspires to be an all-in-one platform that says it helps even newbie users save, spend and invest in cryptocurrency. The Singapore-based startup announced it has raised $18 million in Series A financing co-led by Accel and Quona Capital, with participation…

FirstBank commemorates its annual Corporate Responsibility & Sustainability week and promotes kindness across over 7 countries

The FirstBank CR&S Week is a dedicated week designed to offer opportunities for employees to give their time & resources to defined causes in line with the Bank’s CR&S strategic approach; The FirstBank CR&S Week  is held in Nigeria and…

iPhone 8 price in Nigeria, Specs, Reviews

iPhone 8 price in Nigeria – iPhone 8 was built with a unique design and is one of the best smartphones produced by Apple. The Apple iPhone 8 comes with cutting-edge technology, a new chip that offers super-fast processor cores…

FIRSTMONIE AGENTS TRANSACT OVER 1 BILLION TRANSACTIONS, REINFORCES FIRSTBANK’S LEADING ROLE IN PROMOTING FINANCIAL INCLUSION IN NIGERIA

The Bank’s Firstmonie Agents play a critical role in promoting financial inclusion in the country   The Bank currently has over 180,000 Firstmonie Agents spread across 772 Local Government Areas in Nigeria Since 2020, FirstBank has economically empowered thousands of its…

FIRSTBANK LAUNCHES SINGLE-DIGIT LOAN FOR WOMEN-OWNED BUSINESSES, REINFORCES ITS ROLE IN STRENGTHENING GENDER INCLUSION IN NIGERIA

The FirstGem fund (FirstGem loan) is a single-digit loan scheme, exclusively designed to put women at an advantage in contributing to the socio-economic development of the country. The loan scheme covers female-owned or partnered SMEs in various sectors of the…

FIRSTBANK secures $150 million Afreximbank Pandemic Trade Impact Mitigation Facility (PATIMFA) to support businesses in Nigeria

13 June 2022 – African Export Import Bank (Afreximbank) has announced the disbursement of a US$150 million finance facility to First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider. The funding was provided under Afreximbank’s Pandemic Trade…

BREAKING: Malabu: Nigeria loses $1.7 billion JP Morgan Chase case

Judge Sara Cockerill ruled Tuesday that the Nigerian government could not show that it had been defrauded in the case. Nigeria has lost its $1.7 billion claim against JP Morgan Chase Bank over the transfer of proceeds from the sale…

Nigeria’s Largest Stock Exchange Plans to Adopt Blockchain for Settling Trades

Young Nigerians have made up a large part of crypto trading volume, and they tend to ignore local exchanges, according to Paxful. The largest stock exchange in Nigeria – Nigerian Exchange Ltd. – will reportedly roll out a blockchain-enabled trading…

Analysis: The ‘satchetisation’ of Africa’s largest economy

High poverty and inflation rates in Nigeria are leading many businesses, including those in tech, to adopt sachet marketing to survive. Abuja, Nigeria – In February 2019, Eat’n’Go, the Nigerian franchisee of popular pizza maker Domino’s, introduced a miniature version of…