Renmoney launches loan scheme for MSMEs

Photo Caption: Left -right, Iyayi Oludapo, Head, Sales; Oluwatobi Boshoro, CEO and Khade Idogho, Chief Marketing Officer, all of Renmoney at the launch of the Micro-Business Loan at the company’s head office in Lagos recently Renmoney, a leading fintech lending company in Nigeria has announced the launch of a new solution for self-employed individuals, business men and business women. The new product allows this market segment to access credit of up to ₦4million either via Renmoney’s website, (www.renmoney.com), contact centre, agent network or branches. Since inception, Renmoney focused on the…

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Court convicts man for exporting hard drug via UPS

Justice Cecilia Mojisola Olatoregun of a Federal High Court, today, convicted a drug dealer, Mba C. Ebere, for exporting 280 grammes of Methamphetamine, a  banned hard drug, to Malaysia. Justice Olatoregun convicted the drug dealer after finding him guilty or a count charge preferred against him by the National Drug Laws Enforcement Agency (NDLEA). The convict’s trial commenced before the court sometimes in October, 2012. During the trial, the NDLEA through its lawyer, Mrs. Obiageri Iwuchukwu, called six witnesses who include: the arresting officer, Investigating Officer, official of United Parcel…

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Alleged N1.4bn fraud: New Judge withdraws from NBA President, Usoro’s criminal charge

Justice (Professor) Chuka Austin Obiozor, of the Federal High Court, Lagos, today, ‘recused’ himself in trying the President of Nigerian Bar Association (NBA), Mr. Paul Usoro, who is charged before the court by the Economic and Financial Crimes Commission (EFCC). The NBA President, Usoro was formerly arraigned before Justice Sule Hassan of the same court, on December 18, 2018, on a 10 count-charge bordering on N1.4 billion fraud. Others named in the charge are: the incumbent governor of Akwa Ibom, Emmanuel Udom, who is described in the charge as  being “currently…

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IATA calls on US Government, industry, to work together to grow aviation’s benefits

The International Air Transport Association (IATA) has urged the United States government and industry to work together to ensure that aviation is able to accommodate an expected 62 percent rise in demand for air travel to, from and within the country over the next 20 years. Speaking at the International Aviation Club in Washington, D.C., Alexandre de Juniac, IATA’s Director General and CEO, noted that aviation already supports 6.5 million jobs in the United States and contributes over $778 billion to GDP, including aviation-supported tourism. The social and economic benefits…

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