Business

Dangote Plans Academy for Block Makers to Tackle Building Collapse

Dangote Cement Plc is planning to establish an academy to support the seamless transfer of requisite skills to block makers and artisans in the real estate sector of the economy. Africa’s leading cement manufacturer said the decision was informed by the menace of building collapse in the country. Dangote Cement’s National Sales Director, Mrs Funmi […]

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Business

Dangote Cement Records 5.4Mt Sales in Half Year Results with Revenue Hitting ₦336.4bn

Dangote Cement has reported a robust pan-African performance for the half year ended June 30, 2023, with sales volume hitting 5.4Mt. The pan-African region includes all the cement plant’s operations outside Nigeria. Total sales volume for the Group within the period was 13.4Mt. According to the company’s six months unaudited results, sales volume for pan-African […]

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Business

Fresh Crisis Looms for Suspended CBN Chief as Govt Orders Probe of Apex Bank

Fresh crisis seems to loom for embattled suspended Central Bank of Nigeria Governor, Mr Godwin Emeifele following the ordering of the probe of the apex bank under his watch President Bola Tinubu, who has appointed a special investigator Jim Osayande to probe the CBN and Related Activities. This was contained in a letter signed by […]

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Business

AfDB Approves €14 million Loan to Strengthen Regional Tech Hub

The African Development Bank (AfDB) and the government of Cabo Verde have signed a €14 million loan agreement to enhance the Cabo Verde Technology Park by making it more climate resilient and supportive of enterprise development. The agreement was signed on 19 July in Praia, Cabo Verde. The African Development Bank earlier had provided a […]

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Business

eHealth Harps on Essence of Integrating Digital Solutions to Tackle Emergencies

An NGO, eHealth Africa, has called for the integration of digital solutions to battle health emergencies and vaccinations especially in hard-to-reach communities in Nigeria. The Executive Director, ehealth, Atef Fawaz made the call during the 2023 Insight Learning Forum with theme :”Digital Innovations in Public Health Practice: Lessons and Impact organised by the NGO in […]

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Business

Google Ends Decades of Dollar Payment for Services, Swift to Naira in Verve Partner

Google has partnered with Verve to make digital transactions on Google Play Store easier for Nigerians. The firm noted that as from Wednesday (today), Nigerians can now use their Verve cards to make purchases on the Google Play Store. It stated that under its new partnership, Google will process Verve transactions within Nigeria and the […]

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Financial

Pan-African Financial Service Multigate Earns Swift Partner and Attains ISO 2000, 22301 & 27001

Multigate, a licensed Financial Services platform that provides access to a safe and secure treasury and liquidity management system, becomes the first pan-African financial services technology company to be certified by SWIFT as a Lite 2 Business Application Provider (L2BA). In addition, the company has also obtained the highest level of compliance through three certifications: […]

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Business

Again, Ecobank Wins Euromoney Award as Africa’s Best Bank for SMEs

Ecobank, the leading pan-African Banking Group, has been named Africa’s Best Bank for SMEs (small and medium-sized enterprises) by the prestigious Euromoney Awards for Excellence for the second year running, having also won the accolade in 2022. Jeremy Awori, Chief Executive Officer, Ecobank Group, said: “This award reflects Ecobank’s absolute commitment to supporting African SMEs […]

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Business

Honeywell’s Judgement Claim an Exercise in Futility, Says Ecobank

Ecobank Nigeria says it remains committed to recovering the debts owed by Honeywell, emphasizing that the return of depositors’ funds is crucial for ensuring the continued support and growth of local businesses by the bank. The bank also asserted that the judgement claim by Honeywell Flour Mills Plc is an exercise in futility as the […]

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Business

Union Bank Ex parte Order on Alleged Debt False & Baseless, Says Swift Networks

Swift Networks Limited have described as false and baseless a situation that resulted to a a Federal High court Ex parte injunction granted to Union Bank over an alleged debt. According to the Internet Service Provider company, it assured it assured that it would be rigorously opposing the Ex parte order in court while also […]

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