Stanbic IBTC Bank Nigeria PMI: Output returns to growth, but cost pressures limit demand Strong cost pressures meant that firms operating in the Nigerian private sector remained under pressure in September. Although new order growth quickened, helping to support a renewed increase in business activity, rates of expansion in each were only modest. Input prices increased at one of the sharpest rates on record, largely due to exchange rate weakness and higher fuel costs. The headline figure derived from the survey is the Stanbic IBTC Purch…
British International Investment partners with Access Bank Plc to extend US$60 million trade finance facility across five African countries Loan facility will help to ensure availability of key commodities across import-dependent economies and critical inputs for manufacturing goods, medicine, commodities, construction, food and agriculture. Photo 1 Caption: L-R: Seyi Kumapayi, Executive Director, African Subsidiaries, Access Bank PLC, and Admir Imami, Director & Head of Trade and Supply Chain Finance, British International Investme…
Sterling Convenes Technology’s Brightest For Improved Cybersecurity Lagos, Nigeria : Sterling Financial Holdings Company is actively driving collaboration and partnerships with regulators, infrastructure providers, operators, and other financial services providers to bolster the security of the Nigerian consumer and improve the safety of the financial ecosystem. Olayinka Oni, Executive Director and Group Chief Operating Officer of Sterling Financial Holdings, issued this during his commencement speech at the recently held Sterling Tho…
*Polaris Bank celebrates customers and staff on Customer Service Week* *Lagos, Nigeria, October 2, 2023* - Polaris Bank, in commemoration of the 2023 Customer Service Week, is celebrating its customers and staff for their patronage and commitment to service excellence over the years. The official 2023 Customer Service Week theme is: 'Team Service'. The global week-long event will be held from October 2 – 6, 2023. The celebration is an annual event highlighting the importance of customer service, the staff members who deliver ex…
Union Bank Partners with Fate Foundation to Empower Small and Medium Enterprises in Nigeria L - R: Ayokunumi Abraham, Head SME Products and Segments, Union Bank; Oluwaseun Oshoniyi, Senior Programs Manager & Head Growth & Alumni Services, Fate Foundation; Adenike Adeyemi, Executive Director, Fate Foundation; Olufunmilola Aluko, Chief Brand and Marketing Officer, Union Bank; and Chioma Nwokike, Head Retail Segments and alpher, Union Bank during the 8th edition of the FATE Foundation Alumni Conference held in Lagos recently Lagos, …
Wema Bank, Selar Partner to Empower Africa's Creator Economy with a Webinar on "The Digital Economy and the Future of Work" Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has partnered with Selar, Africa’s largest creator platform, to empower African creatives and bridge the prevalent gaps in the African creative space. This revolutionary partnership has birthed a power-packed webinar titled "The Digital Economy and the Future of Work", a learning and problem-so…
Connect 2023: Quest 3, AI Advances, Next-Gen Smart Glasses, & the Road to the Metaverse Today, on the 10th anniversary of Connect, Meta CEO & Founder Mark Zuckerberg shared how the rise of AI and metaverse technologies are reshaping the way we experience our physical and digital worlds. Whworld around us is amazing —and it’s the combination of our physical and digital worlds that defines our reality. Yet too often, we rely on screens to tap into virtual spaces and content—and tha away from the moment and the people we’re physically…
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