There have been calls for more investments in the African Continental Free Trade Area (AfCFTA) agreement to boost the African economy. At a recent virtual conference organised by the African Public Relations Association (APRA), an expert on trade and finance, Mr. Jesuseun Fatoyinbo, Head of Trade, Transactional Products and Services at highlighted the benefits…
The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering young African entrepreneurs from all 54 African countries, has successfully trained over 200,000 entrepreneurs in core business management skills as part of its 2021 TEF Entrepreneurship Programme. The Business Management training was conducted exclusively on TEFConnect, the Foundation’s proprietary digital platform that provides capacity-building support, advisory…
Chidi Nwaogu, serial tech entrepreneur and co-founder at Publiseer and Savvy, has been nominated as Techpreneur of the year at the 2021 FOYA Awards, an annual awards ceremony since 2016, which was conceived to serve the strategic objective to retain, reward, and recognize high-quality entrepreneurs and SMEs in Africa. Chidi Nwaogu is the co-founder and…
Newly launched specialist life insurance company, Heirs Life Assurance (HLA) has partnered Avon Medical to organize a blood drive in commemoration of the 2021 World Blood Donor Day. The event, which was held on Monday, June 14, 2021, at the ultramodern Avon Medical Dialysis Centre in Ikeja, Lagos had individuals present to donate blood for…
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has emerged as the Best Sub-Custodian Bank in Nigeria at the 2021 edition of the Global Finance Best Sub-Custodian Bank Awards, for the tenth year in a row. The Global Finance Best Sub-Custodian Bank Awards is organised by the Global Finance Magazine and recognises…
The Central Bank of Nigeria (CBN) has denied planning to nationalise Unity Bank Plc as alleged by online news medium. Reacting to the report, the Acting Director, Corporate Communications Department, CBN, Osita Nwanisobi, described it as, “fake news” and should be discarded in its entirety He said: “The report is fake news. There is no…
Nigeria’s leading and foremost media intelligence agency, P+ Measurement Services partners Africa’s leading Opportunities and Resource Platform for Micro, Small and Medium Enterprises, MSME Africa to launch a tailored Media Monitoring and Evaluation Services for MSMEs in Nigeria. The service, which is the first of its kind in the Nigerian Media Monitoring and Evaluation Industry…
Pan African financial institution, United Bank for Africa (UBA) Plc, and Deutsche Investitions- und Entwicklungsgesellschaft mbH, the German Development Finance Institution, have entered into a partnership aimed at supporting small and medium scale businesses (SMEs) in Nigeria. To this end, both institutions have signed a USD 50m Term Facility Agreement. The facility with a tenor…
When VFD Microfinance Bank entered Nigeria’s budding virtual banking space with its VBank app in March 2020, it joined the ranks of challenger banks giving mainstream banks a run for their money. It was launched when consumers were groaning under the burden of high account maintenance fees, hidden bank charges and other difficult regulatory demands.…
Junior Chamber International (JCI), Ikeja has recently organised its annual forum which was focused on reaching out and sensitising Micro Small Medium Enterprises (MSMEs) on how to scale up innovation and creativity in the various sectors of the economy. It revealed that in order for entrepreneurs to be successful at sustaining and developing their businesses…