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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16-year-old Anumudu wins InterswitchSPAK 1.0 National Science Competition

Sixteen year old Akachukwu Anumudu of Apostolic Faith Secondary School, Anthony, Lagos, on Saturday, February 9, 2019, emerged winner of the first edition of the InterswitchSPAK National Science Competition held in Lagos – Nigeria. He beat eight other contestants in an intense quiz session to win the grand prize of N7.5 million worth of tertiary education scholarship spread over five years, a laptop and a monthly stipend during the course of the scholarship. The first runner-up was 16-year-old Henry Umunna of the Loyola Jesuit College, Abuja. Umunna won N4 million…

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AMCON, ESVARBON deliberate on improved collaboration

Photo Caption: Sir Nweke Umezuruike Chairman, ESVARBON, (standing 6th from right); Mr. Ahmed Kuru, Managing Director, Asset Management Corporation of Nigeria (AMCON) holding a copy of the “Green Book”; Mr. Aminu Ismail, Executive Director, AMCON; holding another copy of “Green Book” Mr. Victor Alonge, Board Member, Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON); Dr. Eberechukwu Uneze, Executive Director, AMCON and Mr. Joshua Ikioda, Group Head, Resolution, AMCON and other officials of both agencies in a group photograph at the end of ESVARBON visit to AMCON….in Abuja on Tuesday…

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Zoe Paris Foundation reaches out to less-privileged in Makoko

Zoe Paris Foundation, a registered NGO under the CAC, on Saturday, February 2, 2019 embarked on a free medical and school aid outreach in Makoko, Lagos, Nigeria. The Makoko community, which is said to be one of the biggest slums in Nigeria with no health facility, had cause to celebrate that day courtesy Zoe Paris Foundation. The foundation provided aids in form of free medical checkups, drugs, health talks, mosquito nets and stationeries to the less-privileged community. Ms. Light Jachike, Founder, Zoe Foundation explained that the motivation behind the outreach…

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AMCON MD honoured with Businessday Excellence award in Public Service

Photo Caption: Head, Corporate Communications, Asset Management Corporation of Nigeria (AMCON); Mr. Jude Nwauzor, receiving on behalf of AMCON MD/CEO the Businessday Excellence In Public Service Award 2018 from Alhaji Umaru Abdul Mutalab, the former Chairman of First Bank at the event at the Shehu Musa Yar’Adua Centre, Abuja The managing director/chief executive officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru has been honoured with Businessday Excellence In Public Service Awards 2018. The AMCON boss was one of the 16 public and civil servants that were recognized…

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Nigerian Braiding Manufacturers Limited to continue operations– AMCON

The Asset Management Corporation of Nigeria (AMCON) has said the Nigerian Braiding Manufacturers Limited (NBML), a Kano State-based textile company, NBML will continue its operations. This is contrary to reports regarding the fate of the company recently taken over by AMCON as a result of the Company’s Non-Performing Loans purchased from the Banks by the Government agency. The textile company’s indebtedness to the Corporation currently stands at over One billion naira. This is despite numerous overtures by AMCON for amicable resolution of the debt to which the Company and its…

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Renmoney makes 2019 London Stock Exchange group’s ‘companies to inspire Africa’ list

Renmoney, a leading fintech lending company in Lagos, was featured on the London Stock Exchange Group (LSEG) list of ‘Companies to Inspire Africa’ for 2019. Renmoney was listed alongside three other Nigerian companies.   In her remarks, Tobi Boshoro, chief executive officer, Renmoney highlighted that the company “has spent the last few years building convenient lending solutions for Nigerians.” She also added: “We are laser-focused on listening to our customers and using their feedback to iterate on our solutions and processes.” This approach led Renmoney to 112 percent year on…

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AMCON dismisses reports on debt profile of Nwankwo Kanu’s Hardley Apartments as inaccurate

The Asset Management Corporation of Nigeria (AMCON) has dismissed media reports on the debt profile of Nwankwo Kanu’s Hardley Apartments, describing the reports as inaccurate stories that are sponsored and published in the media to mislead the public and whip up sentiments for former Super Eagles player, Mr. Nwankwo Kanu.   A statement signed by Mr. Jude Nwauzor, Head, Corporate Communications, the Corporation was quoted to have said, “AMCON is not in the habit of joining issues with obligors on the pages of the newspapers especially when the matter is…

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Interswitch opens platforms for easy 2019 JAMB / UTME registration

Following its accreditation by the Joint Admission and Matriculation Board (JAMB) to provide ePINs and forms for candidates looking to register for the JAMB/UTME examinations, Interswitch, a foremost Pan-African digital payment and Commerce Company, has announced the opening of its platforms for the 2019 JAMB/UTME registrations. Prospective candidates seeking to register for the 2019 JAMB/UTME examinations, can easily obtain their ePINs and forms from enabled Interswitch platforms such as Quickteller Mobile App/Web, Quickteller Paypoint (Agents), via payment with Interswitch WebPAY on JAMB’s website and through payment using Interswitch Paydirect at…

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ABB opens first Turbo Charger Service Workshop in Lagos

ABB Nigeria, a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, on Tuesday, December 4, 2018, officially declared open its new office facility at Metalbox Road, Ogba, Lagos. This was following its rapid growth in the Nigerian market. The new facility, which is situated in the industrial area of Lagos, enables easier communication across the company, is more spacious and is fitted with unique features, including a Turbo charging service workshop which is the first in Nigeria. It also features a training center for…

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