Business

The Advertisers Association of Nigeria (ADVAN) has announced the commencement of preparations for the 8th edition of its Awards for Marketing Excellence. The ADVAN Awards recognizes commitment and the fostering of professional excellence in advertising and marketing practice in Nigeria by recognizing good works by practitioners and institutions in the industry. This year’s event is scheduled to hold on Sunday 18th November …

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The Tony Elumelu Foundation (TEF), Africa’s leading entrepreneurship philanthropy, is partnering with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the German Government’s Agency for International Cooperation. GIZ will support the Tony Elumelu Foundation Entrepreneurship Programme to empower 210 young African entrepreneurs, focusing specifically on female entrepreneurs and tech-enabled businesses. The Entrepreneurship Programme of TEF was launched in 2015, having supported …

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The economies of the South must work together in order to deal with the uncertainties resulting from the current global trade environment, Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), said yesterday in Bali, Indonesia. Speaking during a Panel discussion on “The Growing Importance of South-South Cooperation Amid Trade Tensions and Global Financial Market Volatility” organised on the …

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Renmoney, a Nigerian consumer lending company, has emerged the winner of the ‘Award for Excellence in Microfinance Banking’. The award was presented at the 8th edition of the New Age Banking Summit which held at the Lagos Continental Hotel, Victoria Island. Other winners of the evening were: GTBank, Diamond Bank, First Bank, First City Monument Bank, Union Bank and Wema Bank. Receiving …

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Photo Caption: From Left; Chief Operating Officer, Dangote Cement Plc, Arvind Pathak; Managing Director, Kazas Heritage, Odeyeyinwa Kazeem Olayemi (One of the 10 winners) and Group Managing Director, Dangote Cement Plc, Engr. Joseph Makoju, during the presentation of  GAC GS8 Car for Top Performing Distributor of Dangote Cement, in Lagos

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The International Monetary Fund (IMF) has cut the growth projections made for Nigeria saying the country’s economy is doing poorly. Gian Maria Milesi-Ferretti, deputy director at IMF’s research department made this known on Tuesday while addressing journalists at the ongoing annual meetings of the International Monetary Fund and World Bank Group in Bali, Indonesia. He said the aggregate growth rate of …

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Asiwaju Bola Tinubu, the Godfather of Lagos State politics, has every reason to give Buhari “an Ambode treatment.” The Atiku Challenge is real and bankable. The only option available to the incumbent is rigging! There has been some clarity about Nigeria’s 2019 Presidential election, with the end of the October 7 deadline set by the Independent National Electoral Commission for …

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Sterling Bank Plc has said it would always adopt amicable resolution or when necessary, drastic legal actions to achieve debt recovery outcomes. Such strategies include restructuring for accelerated payoffs and possible foreclosure or disposal of pledged assets of defaulting debtors. This will ensure a progressive drop in the bank’s Non-Performing Loan (NPL) ratio which has decreased significantly year on year …

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In a move that would enable Asset Management Corporation of Nigeria (AMCON) meet its recovery mandate before its sunset period, the duo of the Chief Justice of Nigeria, Mr. Walter Onnoghen, and the President Court of Appeal, Justice Zainab Bulkachuwa, have called on AMCON to leverage the Alternative Dispute Resolution (ADR) infrastructure, which is now available for use in courts …

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Fidson Healthcare PLC has emerged winner of the 2018 Frost & Sullivan Best Practice award for Competitive Strategy Innovation and Leadership. The award ceremony which was held in Cape Town, South Africa, recognizes Fidson’s definitive competitive strategy, innovation and strong leadership in the area of Pharmaceutical Production and Distribution in Nigeria. The 2018 Frost & Sullivan Award which is a …

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