Okonkwo

‘Functional mortgage reform will tackle housing deficit’

Group Managing Director of Nedcomoaks, Kennedy Okonkwo, has urged Federal Government to adopt a workable mortgage as a lasting solution to housing challenges. Speaking at the company’s Dream to Keys project in Lagos, Okonkwo stressed affordability — not availability — is the barrier to home ownership. “Our major problem is not a shortage of houses

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Fcmb Group

FCMB to strengthen subsidiaries with N160b public offer

FCMB Group Plc has launched a N160 billion public share to strengthen its banking subsidiary and meet Central Bank of Nigeria’s N500 billion minimum capital for international banks. The offering of 16 billion shares at N10 each runs until November 6. Proceeds will be used to recapitalise FCMB Limited and help the lender retain its

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Sanwo-Olu water scheme, generators excite residents

Residents in Ikorodu, Lagos State, have lauded Governor Babajide Sanwo-Olu for inaugurating a water supply scheme in their neighborhoods, each with a generator to ensure uninterrupted water distribution. The project, handed over on October 4, was executed through Office of Rural Development under supervision of Dr. Nurudeen Agbaje, special adviser to the governor on Rural

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Ecobank Group

Ecobank upgrades app to enhance banking experience

Ecobank Nigeria, a subsidiary of pan-African banking group, has unveiled its upgraded mobile app for a faster, smarter, and simpler banking experience. This marks a significant step in the bank’s commitment to digital innovation and financial empowerment. The app features a modern design and improved functionalities, including advanced facial recognition, seamless bill payments, airtime top-ups,

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