World-class dairy giant, Fan Milk Plc, a Danone Company, is set to partner with the Ogun State Government on a backward integration programme that will develop their flagship dairy farm in the State to enhance local dairy production. Fan Milk will set up a dairy farm, which will include pasture development and a Danone Training…
The novel COVID-19 pandemic has caused the African Hotel and Tourism industry to lose over $50bn in revenue. Amidst this, Transcorp Hotels Plc has suffered unprecedented losses and is looking to restructure the business strategy of its hotels and optimize its operations. The management of Transcorp Hotels Plc has announced that it will be taking…
TAJBank has won the award for Best Islamic Bank for marketing & growth strategy at the Global Islamic Finance Awards (GIFA) 2020. Receiving the award on behalf of the bank, the Managing Director, Norfadelizan Abdul Rahman noted “We are honoured to be recognised as the Best Islamic Bank for marketing & growth Strategy at GIFA.…
In its continuous bid to support the growth of Micro Small and Medium Enterprises (MSME) and equip them with the necessary tools to strengthen and sustain their businesses, Pan African Financial Institution, United Bank for Africa (UBA) Plc is set to organise another edition of its quarterly UBA Business Series. The UBA Business Series which…
Sola Yomi-Ajayi, the CEO of the United Bank for Africa (UBA)’s operations in the United States, has been appointed to the Export-Import Bank of the United States (US EXIM) Committee on Sub-Saharan Africa for 2020/2021. Established by the US Congress, the Sub-Saharan Africa Advisory Committee provides guidance and advice regarding US EXIM policies and programmes…
If you live in Nigeria, you’ve probably heard some stories about how difficult it is to get anything done at a government agency. Those stories are so popular that they have made their way into popular culture through “oga is not on seat” jokes. When you’re going to a government agency, you brace yourself for…
Guaranty Trust Bank plc has released its audited financial results for the half year ended June 30, 2020 to the Nigerian and London Stock Exchanges. The half year result reflects GTBank’s leading position as one of the best managed financial institutions in Africa. The Bank’s loan book grew by 8.1% from ₦1.502trillion recorded as at…
Africa’s leading financial institution, United Bank for Africa (UBA) Plc, has announced its audited financial results for the half year ended June 30, 2020, showing commendable growth across key performance indices as well as increased contribution from its African subsidiaries. Notwithstanding the challenging business and economic environment occasioned by the Covid-19 pandemic, the pan African…
As part of its further response to deal with the global economic challenge occasioned by COVID-19, Heritage Bank Plc has reiterated commitment to deepen its support to young entrepreneurs in Nigeria to grow their businesses either as start-ups or prospective business owners. This is in line with its culture as timeless wealth partners, which would…
Nigeria’s next-generation marketing communications group, SBI Media Limited is now poised to launch 9PSB, a pioneer player of payment service banking. The imminent launch of 9PSB was given the green-light after the Central Bank of Nigeria announced the approval of an operational license to provide immersive financial services to Africa’s most populous market and more…