Author: Ifetayo Adeniyi

Record of MSMEs in Nigeria shows 41.5m, Bauchi benefits N1bn Bank of Industry Record of MSMEs in Nigeria shows 41.5m as Bauchi benefits. About 41.5 million Micro, Small and Medium Enterprises operate in Nigeria, Bank of Industry (BoI) has said. The Federal Government, through BoI, is set to inject N1 billion to support 1,000 MSMEs in Bauchi State. Managing Director/Chief Executive Officer, Dr. Olasupo Olusi, who was guest speaker at 2024 Global Convention of Ekiti State University Alumni Association, called for a review of curriculum of universities. Speaking on: ‘Human Capital and Creativity as Pathway to Wealth Generation and National…

Scholarship program: Nestlé Nigeria assures of commitment to the future of young Nigerians Nestlé Nigeria is proud to reaffirm its commitment to empowering the next generation of leaders by opening entries for its annual scholarship program. Aimed at high-achieving senior secondary and tertiary students pursuing studies in Science and Technology, this scholarship empowers and supports students in communities surrounding Nestlé operations. Since launching the Community Scholarship in 2020, Nestlé has remained committed to providing financial support to students in its host communities. This support covers tuition, accommodation, uniforms, books, and other essential expenses, ensuring these students have the resources they…

Arrival of Trump as President, Dollar and Bitcoin Soar Donald Trump Arrival of Trump as President, Dollar and Bitcoin Soar. The US dollar has surged as Donald Trump is now projected to have won the presidency and will re-enter the White House. Bitcoin has also hit a record high while traders bet on potential tax cuts, increased tariffs, and rising inflation under Trump’s second term. This election result will have a major impact on the global economy. The Republican Party is also set to take control of the Senate, although there are still votes left to count. The dollar has…

Zenith Bank: Back and Better With Upgraded ICT Infrastructure To Give Customers Best Of Service Zenith Bank is back and better with top notch ICT infrastructures to give customers best of service. Zenith Bank Plc has announced that it now boasts the best technology infrastructure in the banking industry, positioning itself to provide an exceptional customer experience and superior service delivery moving forward. This upgrade follows a recent comprehensive technology enhancement. The bank expressed its heartfelt gratitude to customers for their support and patience throughout the upgrade process, while also extending apologies for any inconveniences experienced during this time. This…

Moniepoint’s performance has projected African Start-up Funding to $254m African start-ups had a record-setting October, securing $254 million across 42 deals valued at $100,000 or more, according to Africa: The Big Deal. The report, titled ‘Best October on record,’ disclosed that October was the second-best month for funding this year after July and nearly 50 percent above the 12-month average. The month’s haul also represents the best October on record since 2019. “One of the biggest headlines was Nigerian fintech Moniepoint, which raised $110 million in Series C funding, representing 43 percent of October’s total. With this round, Moniepoint is…

FG has expended a sum of N45bn to primary healthcare centres Muhammad Pate FG has expended a sum of N45bn to primary healthcare centres. The federal government has announced the disbursement of N45 billion to Primary Healthcare Centres (PHCs) nationwide through the Basic Health Care Provision Fund (BHCPF). Muhammad Pate, coordinating minister of Health and Social Welfare who made this known at the ongoing three-day Nigeria Health Sector-Wide Joint Annual Review in Abuja. Themed “It’s for All of Us: Accelerating Our Health Sector Reforms Together,” explained that the BHCPF 2.0 reform incorporates equitable distribution of financial and human resources to…

Stanbic IBTC Acts as Leads, Registration of RMB Nigeria Issuance SPV PLC’s ₦40 Billion Multi-Instrument Issuance Programme L-R: Oyinda Akinyemi, Executive Director, Stanbic IBTC Capital; Bayo Ajayi, Chief Executive Officer, Rand Merchant Bank and Yetunde Ogunremi, Executive Director, Treasurer, Rand Merchant Bank during the signing ceremony of Rand Merchant Bank’s ₦40 Billion Multi-Instrument Issuance Programme, with Stanbic IBTC Capital acting as Lead RMB Nigeria Issuance SPV PLC (the “Issuer”), a funding vehicle incorporated to support RMB Nigeria (the “Bank”) in raising financing from the public debt capital markets, achieved a significant milestone with the successful registration of its ₦40 billion…

House Committee Lauds FIRS Sterling Performances On Finance, Pledges Assistance House Committee Lauds FIRS Sterling Performances On Finance, Pledges Assistance. The House of Representatives Committee on Finance has commended the level of progress and achievements being made by the Federal Inland Revenue Service (FIRS), promising that it will not withhold any support needed by the agency. The Committee members, who were on an oversight visit, held a meeting with FIRS management at the Revenue House in Abuja, on Tuesday, and also toured the agency’s permanent headquarters in the Central Business District currently under construction. The lawmakers, according to a statement…

Nuggets To Avoid Trouble From The Law Douglas Ogbankwa It is so easy to stay out of trouble, but difficult to come out of it. In this life doing things to the minutes details plays a big role in keeping you out of trouble. The following are time tested tips to avoid trouble in the New Year: 1. Do not offer lift to anybody at night, for any reason whatsoever. They could be armed robbers or kidnappers; 2. If you were robbed and any of your property is taken away by the robbers, you should report the incidence within minutes…

Arab World Leaders extend congratulatory messages to  Trump on victory President-elect, Donald Trump Arab world leaders extend congratulatory messages to  Trump on victory Leaders and monarchs across the Arab world praised Donald Trump on his election victory, amid uncertainty on how his presidency will impact the conflict in the Middle East. “I wish him every success in achieving the interests of the American people,” said Egyptian President Abdel-Fattah al-Sissi. He said that given “critical circumstances in the world,” cooperation between the U.S. and Egypt, which along with Israel is among the largest recipients of U.S. military aid, was particularly important.…