Standard Chartered appoints CFO for Africa and Middle East
Standard Chartered has announced the appointment of Subhradeep Mohanty as Chief Financial Officer (CFO) of the Africa and Middle East (AME) region. Subhradeep brings over 19 years of diverse and international experience in the banking sector to the AME region….
Wema Bank Reopens Branches Nationwide, Advises Customers and Staff To Remain Cautious
Due to the Federal Government’s directive to ease the nationwide restrictions on movement and key businesses, Wema Bank Plc will reopen all its branches nationwide. In a statement released by the bank, from Wednesday, June 3, 2020, all branch offices…
Capital importation in Nigeria still lacks skid resistance—Cordros Capital Report
Latest report released by Cordors Capital Group in Lagos has shown that Capital importation in Nigeria still lacks skid resistance, following another 31.2% y/y decline to USD5.85 billion over Q1-20. Given the outbreak of COVID-19 pandemic, which disrupted global economic…
UBA Rewards 100 more Customers with N100,000 each in Fresh Bumper Draw
Pan African Financial institution, United Bank for Africa (UBA) Plc has rewarded another set of 100 loyal customers with a total of N10m in the UBA Bumper account draw. The 100 customers won N100,000 each in this month’s edition of…
Africa’s capital markets in downward trajectory for three straight decades— PwC
Data presented from the PricewaterhouseCoopers (PwC) Nigeria 2019 African Capital Market Watch, which reviewed the performance of Africa’s capital markets between 2010 and the first quarter of 2020, shows that African equity capital markets activity have seen a downward trajectory…
Covid-19: Fidelity Bank Partners ESLF To Cater For the Less Privileged In Benue State
In fulfilment of its promise to continually support communities where it currently operates, Fidelity Bank Plc has donated the sum of N10 million to Eunice Spring of Life Foundation (ESLF), a pet project of the Benue First Lady. The donation…
Africa Beyond Covid-19: President Weah, Elumelu, Other Global Leaders Urge Government, Private Sector Collaboration
…Demand a new deal in and for Africa, Advocate speedy implementation of AFCFTA, Call for Increased Investment in Digital Connectivity United Bank for Africa (UBA) celebrated Africa Day 2020, by bringing together global leaders at the 2nd UBA Africa Day…
Coca Cola leverages Konga to reach more Nigerians
Foremost composite e-commerce giant, Konga has signed a partnership with Nigerian Bottling Company (NBC) which will see the latter leverage Konga’s e-commerce engine in reaching millions of consumers across the country with the various products in the Coca-Cola stable. NigerianBottling…
Ecobank Group, Google delivering digital solutions for Ecobank’s SMEs customers
Ecobank Group (www.Ecobank.com), the pan-African Bank, in collaboration with Google is helping to equip African SMEs with the necessary digital skills to navigate the rapidly evolving business world. The aim is to assist African businesses remain relevant and fulfil their…
Heritage Bank disburses CBN’s N100bn loan to health
…Sells FX to SMEs, education sectors As part of proactive measures to cushion the effect of the COVID-19 and revamp the nation’s dwindling economy, Heritage Bank is set to disburse the N100billion set aside by the Central Bank of Nigeria…
