Shareholders of Ecobank Group has applauded the Group’s strong performance in 2023 with its net revenues exceeding US$2 billion mark for the first time in nearly 10 years. Ecobank Transnational Incorporated (“ETI”), the parent company of the Ecobank Group, held its 36th Annual General Meeting in Lomé, Togo, which was followed by an Extraordinary General […]
Read MoreAfrican Export-Import Bank (Afreximbank) has announced an additional disbursement of US$925 million under the syndicated US$3.3 billion crude oil-backed prepayment facility sponsored by the Nigerian National Petroleum Company (NNPC) Limited. This brings the total current funded facility size to US$ 3.175 billion. Arranged and coordinated by Afreximbank, the accordion arrangement saw the raising of […]
Read MoreLiquid C2, a business of Liquid Intelligent Technologies (www.Liquid.Tech), a pan-African technology group, is pleased to announce that it has become the first Google Cloud Interconnect provider on the continent. This strategic partnership with global hyperscaler Google Cloud adds significant capacity to the cloud solutions that Liquid C2 already offers its customers across Africa through […]
Read MoreThe National Information Technology Development Agency (NITDA), the World Bank and World Trade Organisation for Digital Trade Engagement are considering collaboration digital trade and related issues. That was part of the purpose of discussion when Director General of NITDA, Kashifu Inuwa received a delegation from the global business and financial body led by Aleksandar Stojanov, […]
Read MoreNigerian Government insist that a Binance Holdings Limited executive, Tigran Gambaryan, had a case to answer after US lawmakers accused Nigeria of taking him “hostage” and urged President Joe Biden to help secure his release. Sixteen Republican congressmen, including Chairman of the House Foreign Affairs Committee Michael McCaul, wrote to Biden to have the case […]
Read MoreTelecommunications network, Airtel Nigeria marked World Environment Day by hosting an insightful session aimed at educating employees on the practice of tackling plastic pollution. Chief Executive Officer at Airtel Nigeria, Carl Cruz, represented by Director, Corporate Communications and CSR, Femi Adeniran, stated in his introductory remark that Airtel believes in leading by example, and has […]
Read MoreThe Bank will allow African countries to benefit from a new source of financing, and to reduce their reliance on foreign capital. The Nigerian Deposit Insurance Corporation (NDIC) says the payment of depositors at Heritage Bank will commence before the end of the week. The Managing Director of NDIC, Bello Hassan, disclosed this in a […]
Read MoreThe African Petroleum Producers Organization (APPO), and the African Export-Import Bank (Afreximbank), have signed the requisite documents for the establishment of a $5bn Africa Energy Bank. The proposed bank is an institution set up to facilitate, promote, and finance the development of Africa’s hydrocarbon deposits of oil and gas, and condensates and support energy energy […]
Read MoreThe MasterCard Foundation, through its Centre for Innovative Teaching and Learning, will host its inaugural ed-tech conference in Nigeria next month. Ed-tech ecosystem stakeholders from across the continent working at the nexus of education and ICT are expected to share expertise on practical solutions. The ed-tech conference will be a biennial convening of stakeholders committed […]
Read MoreOutgoing CEO of Airtel Africa, Segun Ogunsanya, has been named winner of the prestigious Lifetime Achievement Award in the 14th African Business Leadership Awards (ABLA) 2024. The awards are a flagship annual recognition event run by Africa Leadership Magazine (ALM), aimed at honouring exceptional corporate practice and outstanding achievers in Africa’s business landscape and private […]
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