Category archives for: Banking & Finance

US Federal Reserve Raises Interest Rates Again

December 13, 2017//-The US Federal Reserve has agreed to raise interest rates by 0.25%, the third rate rise in 2017.

UBA’s REDTV  Marks Second Anniversary

Lagos, Nigeria, December 13, 2017//-RedTv, a dynamic online lifestyle channel, supported by United Bank for Africa (UBA) Plc, marked its second year with the REDTVRave, a fun-filled outdoor event to celebrate its growing fan-base.

External Reserve Moves Towards $40bn CBN Projection  

  Lagos, Nigeria, December 11, 2017// – With the rate of accretion in the nation’s external reserves, the Central Bank of Nigeria (CBN) is optimistic that the reserves as expected,  may meet its projection of $40 billion by the end of 2017.

MTN Ghana Raises GHC510 Million Syndicated Loan Through Local Banks

Accra, December 7, 2017//-MTN Ghana has signed a syndicated loan agreement with nine local banks to raise a whopping amount of GHC 510 million to finance its network expansion and improve service quality.

Osinbajo, Elumelu, 1,500 Delegates Make Egypt List At Africa 2017 Forum

Lagos, Nigeria, December 7, 2017– President Abdel Fattah Al Sisi would today (Thursday) host six African Heads of State including Prof. Yem Osinbajo, Nigeria’s Vice president at the Africa 2017 Forum that would take place at the picturesque beach resort of Sharm El Sheikh, Egypt.

What Tony Elumelu Said After Receiving The Dwight D. Eisenhower Global Entrepreneurship Award

December 6, 2017//-The Business council for International Understanding (BCIU), a non-for-profit U.S Business association dedicated to forging relationships and promoting dialogue between business and government communities across the globe, this week presented its prestigious Dwight D. Eisenhower Global Entrepreneurship Award to both Tony O. Elumelu and Bill Marriott, Chairman, Marriott International Inc.

Business Council of International Understanding Honours  Elumelu

—-With The Prestigious Dwight D. Eisenhower Global Entrepreneurship Award New York City, U.S.A, December 5, 2017; The Business council for International Understanding (BCIU), a non-for-profit U.S Business association dedicated to forging relationships and promoting dialogue between business and government communities across the globe, has presented the prestigious Dwight D. Eisenhower Global Entrepreneurship Award to both Tony O. Elumelu […]

Mercer Global Assets Under Delegated Management Hits $213 Billion

New York, United States of America, December 5, 2017/ — Mercer, a global consulting leader in advancing health, wealth and career and a wholly owned subsidiary of Marsh & McLennan Companies, today announced its global assets under delegated management has reached approximately $213 billion.

Equities Market Opens Week In Green, Up 0.08%

Lagos, Nigeria, December 5, 2017// – Trading on the floor of the Nigerian Stock Exchange (NSE) closed northwards yesterday when the All Share Index (ASI) closed at 37,974.58 points, appreciating by 0.08 per cent.

UBA Ghana Holds Final 2017 Jogging to Bond Fun Games

Accra, December 5, 2017//-Staff of the United Bank for Africa (UBA) Ghana Limited, were over the weekend taken through a healthy exercise to mark their final Jogging to Bond fun games which is organised by the bank every quarter to boost the health of workers.

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