Author

Hope Moses-Ashike

Nigeria’s currency woes moderating appetite to invest in Africa’s largest country

Naira gains across markets as CBN sells dollar to BDCs

Hope Moses-Ashike Mar 26, 2024

The naira on Monday continued its appreciation across the foreign exchange (FX) markets as the Central Bank of Nigeria (CBN)...

Nigeria money supply drops to four-month low on CBN cash sweep

Money supply growth slows on CBN liquidity squeeze

Hope Moses-Ashike Mar 26, 2024

The pace of money supply growth in Nigeria dropped to 1.20 percent in February from 17.77 percent in the previous...

Nigeria’s economic challenge is bigger than the naira exchange rate

Dollar crashes to N1,450 at parallel market as speculators lose

Hope Moses-Ashike Mar 25, 2024

Dollar rate on Monday crashed to N1,450, pushing up the value of the naira by 2. 07 percent as speculators...

NDFF 2024 conference to boost Nigeria’s blue, green economies

NDFF conference: A catalyst for Nigeria's health sector renewal and economic transformation

Hope Moses-Ashike Mar 25, 2024

The upcoming Nigeria Development and Finance Forum (NDFF) 2024 conference promises to be a pivotal event in Nigeria’s journey towards...

Ecobank Adire Lagos experience strengthens SME market access Hope Moses-Ashike Ecobank Nigeria has reaffirmed its commitment to supporting small and medium enterprises (SMEs) by providing a platform that connects entrepreneurs with customers, business partners and new markets through the fifth edition of the Ecobank Adire Lagos Experience. The four-day fair, which held recently at the Ecobank Pan African Centre (EPAC) in Lagos, attracted more than 30,000 visitors, shoppers, exhibitors, industry stakeholders and cultural enthusiasts, underscoring its growing role in promoting indigenous businesses and African craftsmanship. Hundreds of exhibitors showcased a wide range of products, including Adire fabrics, fashion accessories, footwear, leather products, arts and crafts, beauty products and other locally made goods. The event created opportunities for entrepreneurs to engage directly with customers, access new markets, establish business partnerships and expand their professional networks. This year’s edition also drew a distinguished audience, including former President Olusegun Obasanjo, Nobel Laureate Wole Soyinka, Lagos State First Lady Ibijoke Sanwo-Olu, captains of industry, senior banking executives, traditional rulers and their spouses, government officials, members of the diplomatic corps, development partners and other notable personalities. Exhibitors commended Ecobank Nigeria for creating a platform that enabled them to showcase their products, boost sales, interact directly with customers and generate valuable business leads. Visitors and shoppers also praised the bank for sustaining the initiative over the years, noting that it has evolved into a major platform for promoting local enterprise, creativity, cultural tourism and African craftsmanship. Bolaji Lawal, managing director and regional executive of Ecobank Nigeria, thanked exhibitors, partners, customers, government agencies, members of the diplomatic community, the media and thousands of visitors for contributing to the success of the event. According to him, the outcome of this year’s edition reinforces Ecobank’s commitment to supporting SMEs, promoting local industries and creating sustainable opportunities for businesses to grow. “We are delighted with the tremendous turnout and positive impact recorded during this year’s Ecobank Adire Lagos Experience. We sincerely appreciate all our exhibitors, partners, customers, guests, and visitors who contributed to making the event a remarkable success,” Lawal said. “Their continued support inspires us to create platforms that empower entrepreneurs, preserve our cultural heritage, promote intra-African trade and stimulate economic growth.” Since its inception, the Ecobank Adire Lagos Experience has grown into one of Nigeria’s leading cultural and business exhibitions, providing entrepreneurs with a marketplace to showcase their products while celebrating the heritage, creativity and global appeal of Adire and other indigenous African products.

Ecobank boosts leadership with top-level appointments

Hope Moses-Ashike Mar 25, 2024

Ecobank, the pan-African financial services group, on Wednesday, announced the appointment of key senior executives to strengthen the Group’s leadership...

EFCC arraigns Abuja socialite, NEDC official over alleged ₦2.28b fraud

NDIC, EFCC move to curb financial crimes in banking sector

Hope Moses-Ashike Mar 25, 2024

The Nigeria Deposit Insurance Corporation (NDIC) and the Economic and Financial Crimes Commission (EFCC) have fostered collaboration to curb financial...

How to get a loan when you have a bad credit_

How banks can mitigate high bad loans on jumbo rate hike

Hope Moses-Ashike Mar 25, 2024

The large increase in the monetary policy rate and the cash reserve ratio in February is seen as posing challenges...

CBN reaffirms banking sector resilience as forbearance ends

Another rate hike seen as hawkish MPC meets

Hope Moses-Ashike Mar 25, 2024

With most of the members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) taking a...

Ecobank repays $300m Eurobond ahead of maturity

Supporting creative sector, Ecobank form alliance with AFC, Soto Gallery for +234 Art Fair

Hope Moses-Ashike Mar 24, 2024

Nigeria’s creative industry is a dynamic tapestry woven with threads of innovation, diversity, and cultural richness. From the bustling streets...

Tony Elumelu Foundation empowers 20,000 African entrepreneurs with $100m seed capital

Tony Elumelu Foundation empowers 20,000 African entrepreneurs with $100m seed capital

Hope Moses-Ashike Mar 24, 2024

…Beneficiaries create 400,000 jobs The Tony Elumelu Foundation has empowered 20,000 African entrepreneurs with a total of $100 million in...

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