Akinwumi Adesina has been re-elected as President of the Africa Development Bank by its Board of Governors. Presidential spokeswoman, Lauretta Onochie confirmed the news in a congratulatory tweet on Thursday. The AfDB is currently holding its 55th Annual Meetings in Côte d’Ivoire virtually, due to COVID-19 restrictions. Adesina’s re-election was mired in controversy after he […]
Read MorePresident Akinwumi Adesina on Wednesday made a case for his re-election as head of the institution, saying that he wanted to fulfil “his sense of duty and commitment.” Adesina recalled that his current five-year term as head of the African Development Bank Group was marked by the implementation of five strategic priorities for the continent’s […]
Read MoreThe pan-African banking group, Ecobank, has won the Award for Innovation in Financial Services at the 2020 edition of the prestigious African Banker magazine Awards. The Awards, which reward banking excellence in Africa, were announced at a virtual ceremony held on 26th August. The African Banker’s judging process sought to recognise the African banks that […]
Read MoreEcobank Group today announced the winners of its Ecobank Fintech Challenge after an exciting virtual event streamed live from Accra Ghana. Nokwary Technologies, edged out the rest of the finalists to emerge winner of the competition. The first and second runner up spots were taken by Ukheshe Payment and Solutions Growth Factor Technologies respectively. The […]
Read MoreBUA has sealed an agreement with Milleral of Turkey to build its newest flour milling plants in Nigeria with a total milling capacity of 2,400tonnes per day. Upon completion in 2021, this will bring BUA’s total installed flour milling capacity to 4000tons per day. BUA currently operates an installed flour milling capacity of 1,600 tons […]
Read MoreThere is the need for young Nigerian graduates to be digitally savvy, imbibe uncommon integrity, deep insights, accountability and excellence to be able to compete in the new world order. Managing Director, Ecobank Nigeria, Patrick Akinwuntan who gave this charge while delivering a commencement speech at the historic first virtual graduation ceremony for 2019/2020 Lynx […]
Read MoreStarting from September a new Academy tailored to meet the needs MSME in Africa will kick-off. Spearheaded under the AUDA-NEPAD “100,000 MSMEs by 2021” (100K MSMEs) programme launched by the African Union Development Agency – AUDA-NEPAD and the Ecobank Group, the MSME Academy will provide easy access to practical training and resources on financing opportunities […]
Read MoreThe Management and Board of Nosak Group have announced the appointment of Mr. Thomas Oloriegbe as the new Group Managing Director (GMD). He brings on board his wealth of experience and vast knowledge along with his exceptional track record of immense success in manufacturing operations. As the new Group Managing Director, Oloriegbe will oversee the […]
Read MoreSeplat Petroleum Development Company Plc has provided the Ugborhen Community in Delta State a critical support leading to the community handing over of three security vehicles to the Nigeria Police, Navy and the Nigeria Security and Civil Defense Corps (NSCDC). The vehicles were procured from the community’s Freedom To Operate (FTO) account. Ugborhen is one […]
Read MoreOperator revenue from SMS business traffic will reach $50 billion in 2025 following increase from $39.6 billion in 2020. This represents an overall growth of 26%; driven by the reduction in illegitimate traffic due to the implementation of SMS firewalls. The Juniper Research new study, A2P Messaging: SMS, RCS & OTT Business Messaging 2020-2025, found […]
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