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Economy

UNION BANK PLEDGES IMPROVED ACCESS TO CAPITAL FOR SMALL BUSINESSES AT BUSINESSDAY 100 SME CONFERENCE

The foremost financial institution, Union Bank of Nigeria, has reiterated its commitment to providing easy access to capital for Small and Medium-sized Enterprises (SME) in the country to boost the growth and profitability of the sector. This assertion was made at the 2023 edition of the ‘Top 100 Fastest Growing SMEs in Nigeria’ conference recently hosted by Business Day newspaper. The event, ‘Accelerating growth for SMEs in an era of uncertainty,’ brought together industry experts, small business owners, policymakers, and other stakeholders in the SME sector to evaluate and spotlight...
Technology

FINTECH IS REVOLUTIONIZING NIGERIA’S FINANCIAL ECOSYSTEM, SAYS MAIDA

The Executive Vice Chairman and Chief Executive officer (EVC/CEO) of the Nigeria Communications Commission (NCC), Dr. Aminu Maida, has said that Financial Technology (FinTech) is revolutionizing Nigeria’s financial ecosystem as it represents a positive disruption to the conventional financial system. He described the FinTech industry as a critical driver of financial inclusion of Nigerian citizens living in underserved and unserved communities across the country. Dr.  Maida made the disclosure in his keynote address at the 2023 edition of the annual Nigeria Information Technology Reporters Association (NITRA) FinTech Forum which focused...