Organisers unveil lead discussants at MSME Dialogue 2.0

MSME Dialogue 2.0

Organisers unveil lead discussants at MSME Dialogue 2.0MSME Africa, the organizers of MSME Dialogue 2.0 has released the names of top speakers to lead dialogue at the virtual event targeted at Micro, Small and Medium Enterprises (MSMES) across Africa. According to a press statement by the organizers, Onyeka Akumah, the founder and CEO of Farmcrowdy, as well as Olagoke Balogun, the Co-founder and CEO of So Fresh, are scheduled to speak at the second edition of MSME Dialogue which will slated for Saturday, November 28,2020 at 10 am. “Other speakers…

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Transcorp Hilton Abuja wins 4 awards at 2020 World Travel Awards

Transcorp Hilton Abuja wins 4 awards at 2020 World Travel Awards

Named Africa’s Leading Business Hotel for the Sixth Consecutive Year _____________________ Transcorp Hilton Abuja has been honoured with four awards including Africa’s Leading Business Hotel for the sixth consecutive year at the 27th annual World Travel Awards.  The hotel, which is owned by Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation of Nigeria Plc, also won the awards for Nigeria’s Leading Hotel, Nigeria’s Leading Business Hotel and Nigeria’s Leading Hotel Suite (the Presidential Suite). Commenting on the award, Kevin Brett, the general manager of Transcorp Hilton Abuja, said, “We…

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N45bn green bond listings feature in NSE’s 2019 sustainability report

N45bn green bond listings feature in NSE's 2019 sustainability report

As the Nigerian Stock Exchange (NSE) released its 2019 sustainability report, the report shows that in the year under review, the bourse facilitated listings of N45 billion green bonds. During the period, the exchange saw green bond listing increase by over N30billion while it executed first cross border green listing of Access Bank’s N15 billion Green Bond subsequent to an MoU signed with Luxembourg Stock Exchange (LuxSE) A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects. These bonds…

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Danbatta takes telecoms industry issues to the airwaves

Danbatta Standard

The Federal Radio Corporation of Nigeria (FRCN), Kaduna on Saturday hosted the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, where he discussed a wide range of issues affecting the telecommunications industry.  Appearing on “Hannu da yawa”, a popular programme on Radio Nigeria Kaduna, broadcast in Hausa language and which has hosted governors, ministers and top government officials in the country, Danbatta spoke on various telecoms issues bordering on connectivity and consumer protection. Anchored by the duo of Yusuf Zain Dogara and Abba Bashir, Danbatta extensively…

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Nigeria plunges into recession as COVID-19, oil prices bite

Nigeria plunges into recession as COVID-19, oil prices bite

Nigeria has slipped into a recession after its gross domestic product contracted for the second consecutive quarter, according to official data released. Africa’s biggest economy is in recession in less than five years with the 2016 recession four years ago, being its first in a generation, and the country emerged from it the following year, 2017. However, the growth of the Africa’s biggest economy has been fragile and this was further worsened by COVID-19 pandemic that disrupted both local and global economy amid low oil prices. The continent’s top oil producer…

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Customers entrust Wema Bank with N701.84bn deposits in 9 month

Customers entrust Wema Bank with N701.84bn deposits in 9 month

Customers of Wema Bank Plc entrusted the lender with N701.84 billion worth of deposits within the first nine months of 2020. According to the latest financial report for the Q3 2020 released recently by the lender at the Nigerian Stock Exchange (NSE), the figure represents 21.6 per cent increase above what obtained in the comparative period of 2019. The result also shows that Wema Bank grossed earnings of N57.83 billion for the period, indicating a decline of -10.8 per cent from the value recorded in the corresponding period of last…

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ZENITHBANK declares N159bn profit in 9 months

Tier-1 Capital Ranking: Zenith Bank is Nigeria’s number one bank

Gross Earnings grew by 3.6% to N509bn from N491bn in the previous quarter Profit before tax grew by 0.6% to N177bn Profit after tax grew by 5.7% to N159bn Net Assets grew by 18.6% from N872bn to N1tn. ________________________________ Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2020 with gross earnings rising by 4 per cent to N509 billion from N491 billion posted in the same period in the previous year. This performance demonstrates the Group’s resilience against the backdrop of a challenging macro-economic environment…

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