Banking

Lack of skills hit the bank. Japa

A former teller at Sterling Bank, Gift Akpan, left the shores of Nigeria for the United States to pursue her dreams. Gift told The PUNCH that she had always wanted to travel but decided to gain hands-on experience in the local job market first and raise money to facilitate her migration. “I graduated from the University of Ibadan as the best student in my set. I had always wanted to pursue my…
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Banking

Nneka Onyeali-Ikpe was named Banker of the Year.

Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe has been presented the award of the Banker of the Year 2022 at the 14th Leadership Annual Conference and Awards. Organized by Leadership Media Group, publishers of Leadership newspapers…
Banking

We hope that PSBank will launch a cashless initiative.

A digital bank, Hope PSBank, a Unified Payment Services Limited subsidiary, has commenced a community inclusion initiative to support the Central Bank of Nigeria’s naira redesign policy. Speaking at a press conference to unveil the initiative on Friday, the Managing…
Banking

How to avoid bad credit history

Liability is defined by Merriam-Webster as the amount of money owned by an individual or entity. Debt burden can be a huge problem for individuals and businesses in Nigeria as it can lead to financial hardship and even bankruptcy. In recent years, as the popularity of electronic payment systems has grown, more lending platforms have emerged. It also made it easier for moneylenders to obtain loans…
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Banking

Why can't small businesses access finance?

VerifyMe Nigeria CEO Eshigie Aguele said the lack of a trust infrastructure is hindering the growth of small and medium enterprises (SMEs) in Nigeria. In a statement provided to The PUNCH on Thursday, Aguele made the announcement while serving as a special guest on the Fidelity SME forum. He said: “One of the biggest barriers to small business growth in the United States is the lack of…
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Economy

NIMASA turns to the private sector to develop the blue economy.

Director of the Nigerian Maritime Authority Dr. Bashir Jamoh called for more private sector involvement in the Blue Economy Initiative to reap more benefits from the maritime industry. As a guest speaker at the Lunch hour Lecture Series hosted by the Academy of Excellence in…
Energy

139 investors ready to commercialize flare gas - FG

The Federal Government, on Thursday, said a total of 139 investors had shown readiness to monetise the gas flares from the 48 flare sites across the country. It disclosed this at the 2022 Nigerian Gas Flare Commercialisation Programme Bidders Conference and Investors Forum, organised to intimate all qualified applicants, partners, sponsors and technology providers on the structure of the…
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