Accion Microfinance Bank
25 Feb
Accion Microfinance Bank is collaborating with the Development Bank of Nigeria (DBN) to empower small and medium-scale enterprises (SMEs) with tools for financial sustainability amid economic challenges.
21 Feb
Accion Microfinance Bank (Accion MFB) has launched an affordable tricycle financing initiative for riders in Lagos, providing them with an opportunity to own their vehicles through accessible loan options.
12 Dec
The Managing Director and Chief Executive Officer (CEO) of Accion Microfinance Bank (MFB), Taiwo Joda, has expressed concern over the high interest rates associated with digital lending, describing them as unhealthy for the financial system.
13 May 2024
A key player in the microfinance sector dedicated to empowering SMEs, Accion Microfinance Bank, has reiterated its commitment to supporting the growth of Small and Medium-sized Enterprises (SMEs) in Nigeria. This was through the recently concluded SME Customer Forum, held in Port Harcourt, Rivers State, where entrepreneurs and stakeholders from across the region were in…
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Justice Ayokunle Faji of the Federal High Court, Ikoyi, Lagos, on Thursday, March 6, 2025, ordered the final forfeiture of $1,426,175.14 linked to a former Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele. The order followed a motion filed by the respondent seeking to set aside the court's final forfeiture order of June…
7 mins ago
Detained leader of the Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu, has initiated fresh legal actions to challenge what his legal team describes as persistent violations of his constitutional rights. Kanu's lawyer, Aloy Ejimakor, stated this in a press statement released on Thursday that two separate suits had been filed before the High Court…
16 mins ago
The Connected Development (CODE), on Thursday, brought together key stakeholders, including faith leaders, climate advocates, and policymakers to strengthen awareness and action on climate change. It also highlighted Nigeria's worsening environmental crisis, citing gas flaring in the Niger Delta, toxic pollution in urban centers, and reckless waste disposal as critical concerns. Speaking at the event,…
25 mins ago
A 37-year old man, Alokan Oluwatosin, was on Thursday, docked before an Ile-Ife Magistrates’ Court for allegedly assaulting a 90-year old woman. Oluwatosin, whose address was not given, is being charged with assault and breach of public peace, to which he pleaded not guilty. The Prosecutor, Insp Sunday Osanyintuyi, told the court that the defendant…
35 mins ago
The Academic Staff Union of Research Institutions (ASURI) and the National Association for Small Scale Industrialists (NASI) have rallied in strong support of a proposed amendment to the Raw Materials Research and Development Council (RMRDC) Act. The amendment, currently before the National Assembly, seeks to mandate a 30% value addition to all raw materials exported…
37 mins ago
Nigerian music star Damini Ogulu, popularly known as Burna Boy, took the spotlight, as he closed the Off-White runway at Paris Fashion Week 2025. The event, which started on March 3 and concludes on March 11, showcased various designers' Fall/Winter 2025-2026 collections. The Grammy-winning singer graced the runway on Thursday in an all-black leather ensemble,…
37 mins ago
Ikeja Electricity Distribution Company (IKEDC) has confirmed that its headquarters in Lagos was invaded by personnel from the Nigerian Air Force (NAF) on Thursday morning. Mr. Kingsley Okotie, Head of Corporate Communications for Ikeja Electric, told the News Agency of Nigeria (NAN) on Thursday in Lagos that the incident followed the disconnection of electricity to…
40 mins ago
Nigeria Sanctions Committee (NSC) said it has identified Simon Ekpa, an extremist group, Lakurawa, and 15 other individuals and entities as terrorist financiers. According to a report on the NSC website, after a meeting on 6th March 2025, the Chairman of NSC ordered all financial institutions and designated non-financial businesses and professions to immediately identify…
41 mins ago
The Federal Ministry of Aviation and Aerospace Development has refuted a report published by a national daily, which claimed that the government lost N120 billion due to illegal private jet charters. The report alleged that a ministerial task force had identified several companies and organizations involved in unauthorized charter operations. The entities reportedly mentioned included…
48 mins ago
Google on Thursday disclosed that since 2022, its Hustle Academy had provided critical support to over 15,000 African Small and Medium Businesses (SMBs) who had completed the bootcamp. Kristy Grant, Head of B2B Marketing, Sub-Saharan Africa at Google, who made this known in a statement, announced the opening of applications for the 2025 edition of…