Business

Again, Seplat wins PETAN, Frontier, CAMCAN awards

Again, Seplat Petroleum Development Company Plc, leading Nigerian independent oil and gas company listed both on the Nigerian Stock Exchange and London Stock Exchange, recently won the Petroleum Technology Association of Nigeria’s (PETAN) 2019 Local Content Operator Award, the Frontier Energy Independent Player in Africa (Leopard) Award and the Capital Market Correspondents Association of Nigeria […]

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Business

DHL Global Forwarding Certified Top Employer 2020 in Africa

DHL Global Forwarding, provider of air, ocean and road freight services, was recognized as a Top Employer in Cameroon, Egypt, Nigeria and South Africa for 2020. The certification affirms the market leader’s strategy to deliver expert logistics services by investing in the best team of freight forwarding experts The certification, awarded by Top Employer Institute, […]

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Business

Africa Finance Corporation Continues Expansion into Asia with $140m Investment

Africa Finance Corporation the leading investment-grade infrastructure solutions provider, today announces the closing of its inaugural US$140,000,000 Kimchi Term Loan Facility (“Facility”). This Facility is AFC’s first Korean-focused instrument. It follows the Corporation’s US$233 million and JPY1 billion dual currency Samurai Term Loan Facility, closed in September 2019, and a US$300 million Loan Facility, through […]

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Business

Seplat Declares $29m Interim Dividend in Q3, Says £382m Eland Acquisition for shareholders’ Interest

Seplat Petroleum Development Company Plc (SEPLAT), Nigerian independent oil and gas company listed on both the Nigerian Stock Exchange (NSE) and London Stock Exchange (LSE), has declared a $29m interim dividend in its unaudited results for the nine months ended 30 September 2019 released to the NSE and LSE. The company declared a $29m interim […]

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Business

Consumer Spending on Technology to Reach $1.69trl in 2019

Consumer spending on technology is forecast to reach $1.69 trillion in 2019, an increase of 5.3% over 2018. The consumer purchases of traditional and emerging technologies will remain strong over the 2019-2023 forecast period, reaching $2.06 trillion in 2023 with a five-year compound annual growth rate (CAGR) of 5.1%. According to the latest Worldwide Semiannual […]

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Business

AfDB Approves $31.3m Grants for Water & Sanitation Facilities in Sudan

The African Development Bank Group (AfDB) has approved an African Development Fund (ADF) grant of $30 million and a $1.3 million grant from the Rural Water Supply and Sanitation Initiative Trust Fund for the upgrading of water and sanitation facilities in Sudan’s North and South Kordofan states. The project will improve livelihoods and build resilience […]

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Business

Wema Bank Opens Bootcamp to Support Fintechs

Wema Bank Plc has disclosed plan to host a bootcamp focused on engaging fintech startups. The initiative is to develop solutions that would optimise service delivery in banking and finance. According to a statement, the Hackaholics Bootcamp is a ten-week intensive program designed to engage outstanding startups who participated at the hackathon to develop their […]

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Business

Digital Agriculture Essential for Africa’s Economic Development, Say Experts

Prioritizing the digital space will help shift the development focus for Africa’s agribusiness sector and overcome its many hurdles. That was the thoughts of participants at an official side event, organized Wednesday during the 7th Tokyo International Conference, heard. The seminar headlined “The Digital Africa 2020 and Japanese investment Panel: Creating markets to digitize Africa, […]

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Business

CIBN Presents Accreditation Certificate to Ecobank Nigeria Academy

The Chartered Institute of Bankers of Nigeria (CIBN) has officially presented certificate of accreditation to the ultra-modern, state of the art Ecobank Nigeria Academy with a call to other financial institutions in the country seeking accreditation of their training school to emulate Ecobank Nigeria. Speaking at the event, CIBN President, Uche Olowu said the accreditation […]

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Business

Making of the Hypo Brand

In the bleach category of home care product, one brand stands out from others due to the unique position and how fast it has been able to penetrate homes within a short period. In this interview the Brand and Marketing Manager, Hypo Home Care, Onome Asagbra gave insights to the making of the Hypo bleach. […]

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