Category: Business

Union Bank of Nigeria Plc has announced the launch of the 2019 EdTech Challenge as part of efforts to promote innovation in the education sector. The edTech Challenge is the third edition of the annual Innovation Challenge series and aims to discover, showcase and support innovative, cutting-edge technologies with the potential to transform Nigeria’s education system. The programme reinforces the bank’s commitment to innovation and education, underpinning its dedication to enabling success in Nigeria. During the entry period from July 30 to August 28, 2019, entries would be received on…

Read More

United Bank for Africa and the Tony Elumelu Foundation, have pledged to keep empowering young entrepreneurs through the provision of finance owing to their importance in job creation and poverty reduction. The commitment to provide more support to entrepreneurs was made on Friday in Abuja at the TEF’s 2019 entrepreneurship forum. Speaking at the event, a trustee of the foundation, Dr Awele Elumelu, said the need to increase the level of support for small businesses was borne out of the conviction that entrepreneurs held the key to unlocking the potential…

Read More

Fidelity Bank Plc in partnership with the Nigerian Export Promotion Council (NEPC), and the Lagos Business School (LBS), is training over 100 small and medium enterprises (SMEs), at the eighth edition of the Export Management Programme (EMP), aimed at providing impactful, world-class support to Micro Small and Medium Enterprises (MSMEs) in Kano State. The programme currently in its third year was designed specifically to enhance the competitiveness of export-oriented businesses. The programme has since graduated over 400 entrepreneurs, who transitioned from base level export experience to becoming established exporters with…

Read More

The first phase of #SheMeansBusiness, a Facebook programme aimed at empowering female SMEs on how to leverage digital platforms to drive growth in their businesses, was recently concluded by Access Bank Plc in partnership with She Leads Africa. The training, aimed at scaling up the skills of small business owners to take advantage of the captive market on social media platforms in Nigeria and beyond, kicked off in June and has held in Abuja, Lagos, Enugu and Ibadan, with over 500 female business owners in attendance. A statement from the…

Read More

One of the leading financial institutions in Nigeria, Guaranty Trust Bank Plc, has been named the Best Bank in Africa 2019 by Euromoney at its annual Awards for Excellence, which held in London on Wednesday, July 10, 2019 at the London Hilton Hotel, Park Lane. GTBank was also named the Best Bank in Nigeria for a record ninth time, reflecting the Bank’s position as one of the best managed financial institutions in the country, with strong and focused leadership that keep the business in a constant state of re-invention and…

Read More

Ecobank Nigeria Limited, has reiterated it’s commitment towards supporting businesses to achieve sustainable wealth passed down from one generation to another, through its advisory arm. This was made known by the Managing Director, Mr. Patrick Akinwuntan. Akinwuntan, said this at the weekend, during a breakfast session organised for its premier banking customers in conjunction with its Securities, Wealth and Asset Management (SWAM) in Lagos. He said Ecobank was committed to having regular sessions to educate its premier customers on ways to ensure their businesses outlive them and successfully transit to…

Read More

Mr. Nnamdi Okonkwo, the Managing Director, Fidelity Bank plc, has advised Chief Audit Executives (CAE) to adopt technology innovations in tackling imminent risk and opportunities that come with technology advancement in banking. He said this at the 42nd Quarterly Meeting of the association of Chief Audit Executives (ACAEBIN) where banks’ CAE, representatives from fintech companies and representatives from the Central Bank of Nigeria gathered to discuss ‘Internal Audit and The New Digital Frontier.’ Okonkwo was represented by the Deputy Managing Director, Fidelity Bank Mr. Mohammed Balarabe. He said: “By the…

Read More

Ecobank has won the award for Most Admired Financial Services Brand in Africa. Brand Africa, which released the top 100 brands in Africa recently, also listed Dangote conglomerate, MTN Group and Anbessa shoe of Ethiopia as highly admired brands in different categories. Brand Africa 100 is involved in a pan-African survey and valuation of brands in Africa, to create a unique index and ranking for the Best Brands in Africa. Brand Africa 100 believes that one of the key catalysts for Africa’s growth, competitiveness and reputation lies in developing and…

Read More

The Private Banking Division of Fidelity Bank Plc, recently organised an exclusive advisory forum in Lagos. The forum was aimed at providing sufficient information and guidance for select clients who wish to have their children study abroad. In her opening remarks at the event, the Divisional Head, Private Banking, Fidelity Bank Plc, Chioma Nwankwo, was quoted in a statement to have noted that, “Studying abroad is becoming more popular among Nigerian students as the country itself continues to pursue integration into the international landscape. “The demand for professionals with global…

Read More

Mr Femi Otedola, the Chairman of Forte Oil Plc, has announced the completion of the sale of all his shares in the firm’s downstream and upstream businesses. Forte Oil had disclosed on December 24, 2018, the divestment by its majority shareholder, with Otedola saying he had reached an agreement with the Prudent Energy team, investing through Ignite Investments and Commodities Limited, to divest of his full 75 per cent direct and indirect shareholding in the company’s downstream business. Otedola, on his verified Instagram handle on Wednesday, said he had exited…

Read More