Banking

FCMB provides loans to customers to purchase airtime

First City Monument Bank has unveiled an innovative product called FCMB Airtime Advance, which allows customers to borrow funds from their bank accounts. A statement from the bank said it allowed borrowings ranging from N200 to N5,000 directly from their bank accounts for the purpose of purchasing airtime, regardless of their financial status. “This solution aims to provide immediate relief to…
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Agriculture

Arla Foods launches facility to boost milk production

Arla Foods, maker of Dano Milk, says it has inaugurated a state-of-the-art dairy farm in Kaduna State as part of the company’s efforts to ensure sustainable milk production in Nigeria. According to a statement, the farm, located in Damau village, Kubau Local Government…
Education

Wema Bank supports school with furniture

Wema Bank has said it donated chairs and tables to Isale Eko Grammar School, in Lagos State. A statement said the act was made possible through Wema Bank’s corporate social investment initiative, the “Salary for Love” campaign. It said Wema Bank’s employees…
Events

Nigerian Lesbian Couple, Dr. Elizabeth And Krystle Ekpo Wed In US (Photos)

Nigerian Lesbian Couple, Dr. Elizabeth Ekpo and Krystle Ekpo, Celebrate Historic Marriage in the U.S In a landmark moment for LGBTQ+ rights, Nigerian couple Dr. Elizabeth Ekpo and Krystle Ekpo recently exchanged vows and celebrated their marriage in the United States. The groundbreaking ceremony took place in an intimate setting surrounded by friends, family, and well-wishers, marking a…
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Banking

CBN, varsity partner on eNaira

The Central Bank of Nigeria has partnered with Benson Idahosa University, Benin, Edo State, to deepen adoption of eNaira as a payment system and medium of exchange. Branch Controller, CBN, Benin, Michael Mbeze, stated this during a three-day training of students of the…
Markets

Why you should invest your money

In December 2022, the Director of the Bank Examination Department, the Nigeria Deposit Insurance Corporation, Michael Oladele, revealed that N911bn had been lost to ‘get-rich-quick’ schemes in Nigeria over the last 23 years. While this figure may present the raw facts of the damage of such schemes, it is a pointer to the innate need for individuals to attempt to build wealth. However, this is…
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Agriculture

FG unveils barite processing plant, plans import ban

In an effort to ban the importation of barite and promote its local production, the Federal Government, through the Ministry of Mines and Steel Development, has commissioned a barite processing plant in Cross River State. Speaking at the inauguration of the barite processing…
Fintech

5 things to know about new Twitter CEO Linda Yaccarino

Elon Musk on Friday unveiled Linda Yaccarino as the new head of Twitter, the social media app he purchased from the founders in April 2022. After a series of live trials and errors on the app, Elon Musk on Thursday hinted that he had hired a Chief Executive Officer while he…
FintechTechnology

Google has introduced an artificial intelligence alternative to ChatGPT.

Google has released a new AI-powered chatbot called Bard, which is designed to compete with OpenAI’s ChatGPT. Bard is an experimental conversational AI service that is powered by Google’s LaMDA (Language Model for Dialogue Applications). LaMDA is a large language model that has been trained on a massive dataset of text and code. This allows Bard to generate text, translate languages, write…
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