Hope Moses-Ashike, Author at Businessday NG

Causes of high interest rate spreads in banks

Banks resume sales of PTA, BTA to customers

Hope Moses-Ashike Jan 21, 2025

Some banks have resumed selling Personal Travel Allowance (PTA) and Business Travel Allowance (BTA) to their customers, signaling a shift...

German carmakers say Trump tariffs would hurt US consumers, industry – Reuters

Naira gains 0.9% against dollar on Trump’s inauguration day

Hope Moses-Ashike Jan 20, 2025

The naira recorded gains against the dollar in the parallel market on Monday, appreciating by 0.9 percent on the day...

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 Nigeria, CrediCorp to offer affordable financing to customers

Hope Moses-Ashike Jan 18, 2025

Ecobank Nigeria has partnered with the Nigerian Consumer Credit Corporation (CrediCorp) to offer affordable and flexible loans to customers. These...

Naira ends year with over N100 gain as external reserves rise by 11.3 percent

Naira ends week flat as external reserves decline

Hope Moses-Ashike Jan 18, 2025

The naira ended the week flat in the foreign exchange market as the external reserves declined in the early part...

Afreximbank sees Nigerian non-oil exports rise 40% in 2026

Prosper Africa, Afreximbank sign MoU to boost U.S-Africa trade

Hope Moses-Ashike Jan 17, 2025

Prosper Africa, a U.S. Presidential-level national security initiative, and African Export-Import Bank (Afreximbank) have signed a new Memorandum of Understanding...

Afreximbank terminates credit rating relationship with Fitch

Prosper Africa, Afreximbank sign MoU to boost U.S, Africa trade

Hope Moses-Ashike Jan 17, 2025

Prosper Africa, a U.S. Presidential-level national security initiative, and African Export-Import Bank (Afreximbank) have signed a new Memorandum of Understanding...

AfCFTA Protocols on digital trade, services presents opportunities for Nigeria

Hope Moses-Ashike Jan 17, 2025

The AfCFTA Protocols on digital trade and trade in services represent powerful tools for transformation, presenting unparalleled opportunities for Nigeria...