Money Market

FBN Holdings Injects N25 Billion into FirstBank

August 3, 2020/Chain Reactions Nigeria FBN Holdings Plc (“FBNH” or “the Company”), has announced the injection of N25billion equity capital into its commercial banking subsidiary, First Bank of Nigeria Limited. The Capital injected represents part of the net proceeds of the company’s divestment from FBN Insurance Limited. With this fresh […]

Ecobank Nigeria Unveils Special Loan Package For Female Entrepreneurs

July 30, 2020/Ecobank Nigeria Ecobank Nigeria has unveiled a special loan package for female entrepreneurs in the country. The Ecobank Female Entrepreneurs’ Initiative (EFEI) loan is specially designed by the bank to financially empower female business owners and entrepreneurs in the country. According to Head, Consumer Asset Product, Ecobank Group, […]

Network International Holdings Proposed Acquisition of DPO to Boost Growth in Africa through Online Payments, Mobile Money

DPO is the largest online commerce platform operating at scale across Africa Network International Holdings plc (the “Company” or “Network International”) (www.Network.ae), the leading enabler of digital commerce across the Middle East and Africa (“MEA”), is pleased to announce that it has entered into an agreement to acquire DPO Group […]