How BoG killed 23 financial institutions in Ghana—Opposition party
Facts have emerged from the Ghanaian Minority Caucus of the opposition National Democratic Congress (NDC) in Parliament, showing how the Bank of Ghana (BoG) deployed politics of elimination by substitution and travesty of justice to meltdown promising financial institutions. According…
African CEOs most worried about uncertainties in policy, security, skill gap—PwC
Though more revelations are still emerging from the 7th edition of PwC’s Africa Business Agenda 2019 report, launched at the biannual World Economic Forum on Africa in Cape Town. Latest in the report said “Ongoing economic, social and political uncertainty…
Invest in digital skill sets for next generation banking, Ecobank tells banks’
The Chief Executive of leading continental retail banking giant, Ecobank Nigeria, Mr. Patrick Akinwuntan has warned that in view of the speed with which digital innovations are changing banking narratives, it has become imperative for financial institutions to embark on…
Many CEOs becoming hopeless on collapsing corporate revenues— PwC Africa
Key findings from the 7th edition of PwC’s Africa Business Agenda 2019 report, launched at the biannual World Economic Forum on Africa in Cape Town on Wednesday, include that “African business leaders are less optimistic about the strength of the…
Airlines’ operational costs jump as aviation fuel price rise to N255 from N200
Just as the Aviation industry stakeholders and Federal Airport Authority of Nigeria (FAAN) are still celebrating the acquisition of a Beechcraft Super King Air 350 (B350) for the calibration of navigational aids at airports nationwide, indications are rife that air…
Buhari’s Mambilla project may go the way of P&ID London judgment debt if…
Strong indications have emerged suggesting that if enough care is not taken and as soon as possible, Nigeria may face another $2.3bn fine in arbitration in France over an alleged breach of contract on Mambilla Hydroelectric project. Recall that a…
Manjang, StanChart Bank MD gives insights on institution’s core value
Managing Director of Standard Chartered Bank Nigeria (StanChart Nigeria) and West Africa, Mr Lamin Manjang, has given fresh insights on the business policy direction of the financial institution in Nigeria as part of drives to refocus the bank after 20…
StanChart chief in Nigeria, Manjang gives insights on success of Kenyan M-Pesa
The Chief Executive Officer, Standard Chartered Bank Nigeria (StanChart Nigeria) and West Africa, Mr Lamin Manjang, has given fresh insights on the origin and growth of Africa’s most successful mobile money banking innovation, the Kenyan M-Pesa. Speaking in an interview…
TICAD 7: Japan, AfDB seal $3.5bn private sector drive in power, transport, health
Japan and the African Development Bank (AfDB) announced a joint target of $3.5 billion under the Enhanced Private Sector Assistance for Africa initiative (EPSA4), during the during the closing remarks of the 7th Tokyo International Conference on African Development (TICAD…
Just in: Elumelu seeks Japanese partnership to grow African Entrepreneurs
…AS TICAD7 ends in Yokohama Chairman of United Bank for Africa (UBA) and Tony Elumelu Foundation (TEF), Mr. Tony Elumelu has sent a strategic business message to Japanese private sector operators to “Come to Africa”. Delivering his keynote speech before…
