First City Monument Bank (FCMB), a foremost financial services provider in Nigeria, has been voted as the Best SME Bank in Africa, thereby consolidating its position as the dominant financial institution in the segment. The Bank won the prestigious award at the Asian Banker Middle East and Africa Regional Awards held virtually on November 5, 2020.
The Federal Inland Revenue Service (“FIRS”), in a public notice (“the Notice”) dated 4 November 2020, has issued a palliative to tax payers due to the recent business disruptions following the ENDSARS protest that occurred in certain parts of the nation.
Businesses that have successfully pivoted to new or related ventures during the pandemic are employing the same skills that have made them thrive before the pandemic- creative thinking in spotting opportunities, moving to exploit them with agility and passion and often, clever use of social media. Many have also relied on old clients and supportive relations with banks.
The new coronavirus pandemic is boosting the demand for telemedicine, defined as an exchange of medical information using telecommunications- in Nigeria and all over the world. It allows doctors to advise, educate and monitor their clients or patients while they are in their homes or offices using technology such as video-conferencing applications, E-mail, phone calls or private online portals.
