Nominees have been announced for the Banks of Africa Advertising Awards billed for February 23 at the Johannesburg Stock Exchange, South Africa.Banks of Africa is an initiative to recognise and promote financial service excellence across the continent. It is dedicated…
AGRICULTURE WILL BE AFRICA’S QUITE REVOLUTION, SAYS REPORT
With a focus on SMEs and smallholder farmers creating the high productivity jobs and sustainable economic growth that failed to materialise from mineral deposits and increased urbanisation, latest Africa Agriculture Status Report (AASR), has indicated that agriculture will be Africa’s…
WHY NIGERIA MUST BE RESTRUCTURED – Tunde Bakare
The convener of Save Nigeria Group (SNG), Pastor Tunde Bakare, has urged the federal government to restructure the country by encouraging each geo-political zone to develop along its area of best comparative advantage age. Mr. Bakare said this during a…
NIGERIA: FINANCIAL INCLUSION – CBN Sets Fresh Targets for Banks
Central Bank of Nigeria, CBN, has set state-by-state targets for the 21 commercial banks and 942 micro finance banks in the country to ensure that every Nigerian adult has access to financial services. Mrs Elizabeth Agu, the CBN Branch Controller,…
ETHIOPIA TO REMAIN THE EAST AFRICA’S FAST GROWING ECONOMY – 2018 World Bank forecast
The Ethiopian economy will maintain its growth lead for the East African region according to the latest World Bank report. The economy, however, dropped a step in growth forecast in the Sub-Saharan Africa (SSA) region, falling behind Ghana. In June…
MISSING 4,501 FUEL TRUCK TO FINANCE BUHARI’S RE-ELECTION – PDP
The Peoples Democratic Party, PDP, has alleged that the missing 4,501 trucks of petroleum products, disclosed by Managing Director, Nigeria National Petroleum Cooperation, NNPC, Dr. Mikanti Baru, was geared towards financing the re-election of President Muhammadu Buhari in 2019. The…
WHY BANKS AVOID FUNDING START-UP BUSINESSES
Why banks avoid funding start-up businesses – Commercial banks are avoiding funding start-up businesses given the high risk associated with such transactions, Head Trade Finance and Enterprise Banking at Stanbic IBTC Bank, Babatunde Akindele, has said. Speaking during Stanbic IBTC…
BITCOIN IS NOT LEGAL TENDER IN INDIA: FINANCE MINISTRY
Last week the Ministry of Finance said that virtual currencies (VCs), including bitcoins, are not currencies. “VCs are not currencies. These are also being described as ‘coins’. There is however no physical attribute to these coins. Therefore, VCs are neither…
“Food is First” at Fiesta of Flavours Fair”
Barbeque sizzling, Children dancing, Family and Friends bonding is a perfect picture from the Fiesta of Flavours Food Fair hosted by FirstBank in partnership with Eventful. The event which took place on the Saturday December 16th and Sunday December 17th…
WIN TICKETS TO THE #FIRSTBANK30BILLION CONCERT
No do No do No do Serenren o! It is the ‘Baddest’ and Biggest Concert this year! FirstBank – Nigeria’s Premier Bank and Davido- Nigeria’s ‘Baddest’ artiste are partnering to ensure you have the best time at the #FirstBank30Billion…