Banking

Banks not shutting down services for elections- ACAMB

The Association of Corporate Affairs Managers of Banks (ACAMB), the umbrella body of corporate and marketing communications professionals working in Nigeria’s banking sector, has debunked rumours trending on social media that the Central Bank of Nigeria (CBN) will shutdown banking services for five days between February 23 and 27 because of the general elections. In a statement signed on…
Read more
BankingEconomy

CBN releases INEC cash ahead of elections.

THE Central Bank of Nigeria (CBN) has released cash to the Independent National Electoral Commission (INEC) ahead of national and state elections on February 25 and March 11. The amount was not disclosed. A source at the apex bank confirmed to The Nation that the cash was…
Aviation

United Airlines Launches $150M Sustainable Aviation Fund.

United Airlines yesterday launched the airlines’ Ventures Sustainable Flight Fund of $150million. It is the first investment vehicle to support start-ups focused on decarbonising air travel by accelerating the research, production and technologies associated with sustainable aviation fuel (SAF). According to a statement by the airline, the fund starts with more than $100 million in investments…
Read more
Energy

The company promotes the use of solar energy.

Westa.solar, a clean energy company offering packaged solar purchase agreements, provided a 148kW solar array for FrootMultitradeNigeria Limited and a 600kW solar array for SacvinNigeria Limited. In their statement, energy experts expressed continued concern about…
Transportation

Two die as a car crashes into a truck in Lagos

Two persons have been confirmed dead while many others sustained severe injuries in a Tuesday accident that occurred at Alfred Rewane Road, by Marriage Registry intersection, and around Isheri, Igando area of Lagos. The LASTMA Zonal Head around Isheri, Afolalu Gbenga, who confirmed the accident at Isheri, disclosed that two people (pedestrian and passenger) died instantly in the crash that…
Read more
Technology

Electronic CPR can help a hospital save more lives.

London’s Harefield Hospital is currently treating some inpatients with a new type of “advanced” CPR which involves hooking up patients to an artificial lung machine. Now the hospital is looking to make the technology accessible to many more people. In a new service…
Banking

A man arrested with 250,000 fake new notes in Omuo Ekiti

Operatives of the Ekiti State Amotekun Corps have arrested a man, identified as Celestine, with counterfeited new N1,000 notes amounting to about N250,000. Celestine, who claimed he was an Anambra State born Lagos-based businessman, said he was heading from Lagos State to…
StartupsTechnology

With $15 million in edtech accelerator funds, CcHub will support 72 startups in Nigeria and Kenya

CcHUB, a well-known African innovation hub, has announced plans to launch The Edtech Fellowship Program, which will provide $15 million in funding to edtech firms in Nigeria and Kenya. The program’s goal is to develop a new ecosystem of edtech businesses that will shape the future of the education solutions industry. According to Bosun Tinjani, Co-founder and CEO of CcHUB, “if we…
Read more