Jaiz Bank Gets Over N10Billion From IsDB To Support SMEs in Nigeria

Loan application process infomedia nigeeria

The pioneer of non-interest credit facility in Nigeria Jaiz Bank says it has got $25million from Islamic Corporation for the Development of the Private Sector (ICD). ICD is the private sector arm of the Islamic Development Bank (IsDB), a Saudi Arabia-based multilateral development finance institution that is focused on Islamic finance. If converted to naira using the CBN … Read more

36 Branches of LOTUS Bank in Nigeria

lotus_bank_branches_in_lagos_nigeria

Lotus Bank is a Non-Interest or Islamic bank in Nigeria, joining the likes of Jaiz Bank, Sterling Alternative Finance, and Taj Bank. Today, Lotus Bank has 36 branches spread across Lagos, Abuja, Kwara, Oyo, Nasarawa, Ogun, Kano, Ondo, Osun and Niger States. Non-interest banks make it easy for small businesses and entrepreneurs to tap into the … Read more

Betrayal Story of Col Mamady Doumbouya Who Removed Alpha Condé, Guinean President Who Appointed Him

col_mamady_doumbouya_biography_guinea_new_military_leader

The coup de tat in Guinea isn’t the first one where an employee would kick out their appointor. We saw it happen in Egypt, Chad, DRC, and on Sunday, September 5, 2021, a French-trained soldier Col Mamady Doumbouya kicked out his boss President Alpha Conde from Presidential Palace. Disclaimer: InfomediaNG Team is still monitoring the … Read more

4 Islamic Banks With Interest-Free Loan in Nigeria

Loan application process infomedia nigeeria

One of the ways for a business owner to quickly achieve their entrepreneurial goals is to get access to a soft or an interest-free loan, but most of the financial institutions around the world make a profit from interest on a credit facility. However, some financial institutions in Nigeria are gradually embracing Islamic tenets of … Read more

Meet Sale Mamman Ex-Power Minister Accused of N22 Billion Fraud

saleh_mamman_biography infomediang nigeria

On Wednesday, May 10, 2023, the former minister of power Sale Mamman was arrested and detained by the Economic and Financial Crimes Commission (EFCC) for allegedly embezzling NGN22 billion. The ex-minister is surrounded by many controversies even when he was in office between 2019 to 2021. Intro: The privileges that come with political posts in … Read more

Meet Mohammad Mahmood Abubakar The Ex-Minister of Agriculture and Environment

mohammad_mahmood_abubakar_biography

Dynamic, proactive, and result-oriented are some of the few adjectives to describe Mohammad Abubakar, a holder of Ph.D. in Watersheds Management at the University of Arizona, Tucson in the United States of America. No one knew what the former chairman of the Universal Basic Education Commission had in his bag in terms of innovations until … Read more

How to Use sssTwitter to Download Videos from Twitter (Now x)

download twitter video in mp4 on iPhone Android

Did you stumble upon interesting videos on X formerly Twitter that you would like to download?  There are many Twitter video downloaders, one of which is sssTwitter. As of September 2023, the microblogging platform Twitter now X has 237.8 million daily active users, thereby making the platform the go-to for social media users. And so, … Read more

Meet Sabo Nanono Sacked Minister of Agric Who Said Nigerian Can Feed on N30 Per Day

muhammad_sabo_nanono_biography

One of the most controversial cabinet members in the second term of the administration of President Muhammadu Buhari was Sabo Nanono, a former banker who was the Minister of the Federal Ministry of Agriculture and Rural Development until his sack on September 1, 2021 Unlike his predecessor who was always in the news by ditching … Read more

Importance of Memorandum of Association To An Incorporated Company

CAC business registration

A Memorandum of Association is a legal document which can be described as the “constitution” of an incorporated company in principle which defines its objectives and powers in regard to its dealing with the outside world. Every legal entity has a set rule guiding its operation and regulations that govern the external relationship of a … Read more