Category archives for: Finance

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 […]

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.

Tony Elumelu Foundation Announces 2018 Entrepreneurship Programme

Lagos, Nigeria, December 4, 2017// –  Africa’s largest philanthropy supporting entrepreneurship – The Tony Elumelu Foundation (TEF) – announced that on January 1, 2018, it will begin accepting applications for the 4th cycle of its entrepreneurship development programme, from outstanding African entrepreneurs who have start-up or business ideas with high growth potential.

UBA Group Crowns African Bank of the Year

Lagos, Nigeria, December 1, 2017//-Pan-African financial institution, United Bank for Africa (UBA) Plc has once again proven its leadership on the continent, as the Banker Magazine crowned UBA the “African Bank of the Year 2017”.

Research: Local Ownership of Banks Challenged

Accra, November 30, 2017//-The future of banks that are majority owned by domestic private interest in Ghana can be challenged in the not distant future due to the strict application of the Basel II and III standards.

Survey: Telecoms and Banking Sectors Most Advanced in Digital Transformation

London, UK, November 29, 2017// – November 29, 2017: Ovum’s latest ICT Enterprise Insights program survey  found that across 14 industries, the telecoms and banking sectors are most mature in the drive for digital transformation.

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