BY: HighCelebritySquard The Queens Borough of New York City, USA has partnered with the Lagos State Government on a learning exchange program to drive technological innovations and foster entrepreneurial and economic growth between Lagos and New York City. The Queens Borough – Lagos State alliance is aimed at inspiring collaboration,
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High Cost Of Living: Union Bank Raises Employee Compensation Twice
BY: HighCelebritySquard It is no longer news that most Nigerians are experiencing severe economic hardship due to the recent FX policy and subsidy removal. The economic challenges arising from the opening up of the foreign exchange market and the removal of petrol subsidies have resulted in soaring inflation and a significant drop
Read moreCBN Lifts Ban On Bamboo, Nairabet, AbokiFX, 437 Accounts
BY: HighCelebritySquard The Central Bank of Nigeria has directed banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies. A post-no-debit means that all debit transactions, including ATMs and cheques, on the accounts have been blocked but can receive inflows. The circular, signed by A.M. Barau
Read moreSend Money Across Africa In Seconds Using Ecobank Mobile And Omnilite Apps
BY: HighCelebritySquard Ecobank customers can now transfer money in seconds to 33 African countries where Ecobank Group operates using Ecobank Mobile and Omnilite apps and the recipient gets immediate credit in the target country’s local currency. Announcing this new development in Lagos, Head, Consumer Banking, Ecobank Nigeria, Korede Demola- Adeniyi, said domiciliary
Read moreAgusto & Co. Affirms Fidelity Bank’s ‘A’ rating, With A Stable Outlook
BY: HighCelebritySquard Pan-African credit rating agency, Agusto & Co. has affirmed the ‘A’ rating assigned to Fidelity Bank Plc and assigned an ESG score of ‘2’ in reflection of the agency’s view that environmental, social and governance issues have minimal contribution to the Bank’s credit rating. According to a note on
Read moreMARKHACK 2.0: Aremu, Ozi, Zander Emerge Winners As Top 5 Finalists To Get $50,000USD Seed Capital
BY: HighCelebritySquard Three months of innovative pitch sessions, workshops, masterclasses and mentorship sessions aimed at helping participants develop skills and provide them with the resources needed to transform their ideas into market-ready products, climaxed with the emergence of Aremu as the winner of MarkHack 2.0. Aremu, a robo-marketing tool that helps businesses
Read moreFitch Foresees Upgrade Of Ecobank’s National Ratings As Exchange-Rate Volatility Recedes
BY: HighCelebritySquard Fitch Ratings says it foresees an upgrade of ENG’s National Ratings which would result from strengthening its creditworthiness relative to other Nigerian issuers. According to the international rating agency, it expects to resolve the Rating Watch Negative (RWN) of ENG “within the next six months when exchange-rate volatility may recede,
Read moreSterling Bank Launches Tech-Based Solutions For Stakeholders In The Nigerian Education Sector.
BY: HighCelebritySquard Sterling Bank has recently launched Edubanc; an innovative tech-based solution to provide banking and social services for stakeholders in the education sector. The solution aims to improve current learning outcomes and business growth for students, parents, and providers of educational services. Mr. Damian Umeasala, General Manager of Edubanc, stated at the
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