Business

Africa Oil Week 2018 Announces Partnership With SuperReturn Africa

Africa Oil Week (AOW) has announced their partnership with SuperReturn. This new partnership offers delegates attending SuperReturn Africa, the continent’s biggest investor conference, access to Africa Oil Week on Thursday 8 November 2018. For operators across the continent, raising capital remains one of the biggest challenges; whether it is funding exploration and production, or financing key infrastructure projects that will ...

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UBA Launches Chat Banking On WhatsApp

Clickatell, an authorized WhatsApp Business Solution provider, is proud to announce that United Bank for Africa (UBA) will be going live with their Chat Banking solution – Leo on WhatsApp. In a first for Nigeria, customers can now conduct their favorite banking activities in a secure and convenient manner, by communicating with their bank in a verified WhatsApp chat. This ...

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SNEPCo Upgrades Pacelli School For The Blind

A major facelift came the way of Pacelli School for the Blind and Partially Sighted in Lagos on Friday when Shell Nigeria Exploration and Production Company (SNEPCo) made donations of furniture and air conditioners to the school. This came barely a year after the staff of the company under the Shell Employees Care programme, visited the school at Christmas and ...

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Dangote Now The Most Valuable Brand In Nigeria

Nigeria’s Dangote has emerged the most valuable brand among the top 50 brands in Nigeria for 2018 which were unveiled at the weekend in Lagos. This is coming barely three months after the brand was adjudged the most admired brand of African origin by Consumers in a brand rating coordinated by South Africa based Brand Leadership in conjunction with Johannesburg ...

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Strategic Partnerships, Investments Key To Africa’s Economic Transformation, Says AfDB President Adesina

The President of the African Development Bank (AfDB) Akinwumi Adesina, has taken the case for expanded partnerships and investments in Africa to the Netherlands. On a three-day visit this week, he met with government officials and private and public sector business leaders and affirmed the accord between the Bank and the Dutch government’s development agendas and foreign policy. At a ...

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Germany Chancellor In Nigeria, Signs MoUs On Agriculture, Commerce

Nigeria and Germany on Friday in Abuja signed two Memoranda of Understanding (MOU) in agriculture and commerce. The first agreement was signed between the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and the German-Africa Business Association. The First Deputy National President of NACCIMA, Hajiya Saratu Iya-Abubakar, signed on behalf of Nigeria, while Dr Stefan Liebing of ...

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How Young Nigerians Opened Innovation Hubs, Start-Ups During Recession, By Osinbajo

In line with its Economic Recovery and Growth Plan to boost job creation and the economy, the Buhari administration will continue to create the right environment for the growth of technology companies, startups, and for innovation to thrive, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo said this on Wednesday during his visit to Ventures Platform Hub, Abuja, alongside ...

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MTN Nigeria Replies CBN On Illegal Repatriation Of $8.1 Billion

MTN Nigeria on Thursday refuted the claims by the Central Bank of Nigeria that it illegally, in collusion with four Nigerian banks repatriated $8.1billion from its Nigerian operations to offshore investors. The CBN said the remittances between 2007 and 2015, in tranches of 2.63 billion dollars, 1.766 billion dollars and 348 million dollars were done in flagrant violation of the ...

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How Africa can up its game on water management for agriculture

Africa’s waterways, like the Barotse floodplain in Zambia, must be properly managed. Bioversity International/E.Hermanowicz Andrew Slaughter, University of Saskatchewan Global agriculture is facing unprecedented challenges. It’s estimated that the world’s population will reach 9.1 billion by 2050 with an ever expanding middle class. Current food production levels will have to be increased by 70% to meet future nutrition requirements. At ...

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Illegal Repatriation: MTN To Refund $8.13bn As CBN Fines 4 Banks N5.87bn

The Central Bank of Nigeria (CBN) has imposed a N5.87 billion fine on Standard Chartered Bank, Stanbic-IBTC, Citibank, and Diamond Bank over alleged illegal remittance of foreign exchange to offshore investors of MTN Nigeria Communications Limited. This is even as the  CBN has directed MTN to refund 8.13 billion dollars which was illegally repatriated by the company with the aid ...

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