Category archives for: Banking & Finance

Tony Elumelu Foundation Calls for Applications

Lagos, Nigeria, January 3, 2018// – Africa’s largest philanthropy supporting entrepreneurship – The Tony Elumelu Foundation (TEF) is now accepting applications for business ideas that can transform Africa.

Elumelu Charges Journalists to Embrace Entrepreneurship as a Retirement Plan

December 19, 2017//-Chairman, UBA, Heirs Holdings and Founder, The Tony Elumelu Foundation, Tony O. Elumelu, CON,  charged journalists of the State House Press Corps to begin planning a future around entrepreneurship as a sustainable retirement plan.

NIC, GIA Build Capacity of Insurance Agents in Kumasi

Accra, December 18, 2017//-The National Insurance Commission (NIC),  Ghana Insurers Association (GIA), Ghana Insurance Brokers Association (GIBA), and the Ghana Insurance Awareness Coordinators Group (IACG) in partnership with the Programme for Sustainable Economic Development (PSED) of the German Development Co-operation (GIZ), organised a week’s training to boost the capacity of insurance agents in the Ashanti […]

Singapore: Banking on the Future

December 14, 2017//-Singapore is fast becoming a global innovation hub. After years of rapid growth, the economy slowed recently due to an aging population and low productivity growth. In response, the country is embracing the digital economy.

Adongo: Collapse of UT, Capital Banks Cost GH¢3.4Bn

The Member of Parliament (MP) for Bolgatanga Central, Mr Isaac Adongo, has asked the government and the Bank of Ghana (BoG) to come clean on the financial impact of the collapse of UT and Capital banks on the taxpayer, explaining that the collapse has so far cost the country GH¢3.4 billion.

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.

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