BANKING
July 9, 2020
Tanzania: African Development Bank project tripled incomes of rural producers and traders
With $56.8 million in funding from the African Development Bank, the programme was undertaken in 32 districts with a population of 6.1 million in 1.2 million households
ABIDJAN, Ivory Coast, July 7, 2020/ —"...
Read More >>July 8, 2020
E-commerce has reached new heights around the world, as more consumers are going online to make secure, touch-free purchases across various merchants and platforms. Now, it’s more important than ever that the online checkout experience is seamless and consistent across all types of"...
Read More >>July 7, 2020
Wema Bank Plc said it recently took a step further in its bid to deliver improved services to its customers as it recently went into partnership with Coursera, a brand known for specialising in online courses and trainings to offer free courses to its staff.
This"...
Read More >>July 7, 2020
OPEC: Africa’s Refineries Meet Only Half of Continent’s Daily Petrol Demand
The Organisation of Petroleum Exporting Countries (OPEC) has said that refineries in Africa can only meet half of the continent’s total daily demand for refined petroleum products, adding that their existing capacity utilisation is at 60 per cent.
Although"...
Read More >>July 7, 2020
Jaiz Bank Posts N636.7m Profit in Q1
Jaiz Bank Plc, has announced a Profit Before Tax (PBT) of N636. 7 million for the first quarter (Q1) 2020.
This represented a growth of 33.63 per cent compared to the N476.5 million recorded in the corresponding"...
Read More >>July 6, 2020
Citibank Boss Tasks FG on Reforms to Increase FDIs
The Cluster Head in Sub-saharan Africa (SSA), Citibank, Mr. Akin Dawodu has advised the federal government to initiate reforms that would increase foreign direct investments (FDIs) in Nigeria in order to avert perennial economic volatility.
He,"...
Read More >>July 6, 2020
FirstBank’s FMAP Graduates Associates
First Bank of Nigeria Limited has graduated 28 successful candidates in its inaugural FirstBank Management Associates Programme (FMAP). The event took place virtually recently. The programme which commenced in 2018 had a total of 48 candidates selected from thousands of entries and applications"...
Read More >>July 6, 2020
Nova Merchant Bank Floats N10bn Bond
Nova Merchant Bank, one of the leading merchant banks in Nigeria has announced that its ongoing N10 billion bond issuance is aimed at putting the business on firm footing to achieve its short-term and long-term goals.
The"...
Read More >>July 5, 2020
Arab Commercial Bank interested in Libya SME partnerships
The Arab Commercial Bank (ACB) bank expressed its strong interest in building partnerships with SME business centres and incubators in Libya.
The news was revealed by the EU for Private Sector in Libya (EU4PSL)"...
Read More >>March 12, 2020
AfDB Signs First Private Sector Loan-Libya
The African Development Bank (AfDB) has signed an agreement with DAL Group, one of Sudan’s largest conglomerates, for the provision of up to $75 million to improve food security and household incomes in the country.
The"...
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