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Nigerian governors endorse peer advisory mechanism to end hunger by 2025

Five state governors in Nigeria have endorsed a peer advisory mechanism to enable them to monitor the implementation of their state-grown agricultural plans with a view to ending hunger by 2030. The peer advisory mechanism is a brainchild of the Nigeria Zero Hunger Forum (NZHF) that is aimed at reviewing, monitoring, and advising states in Nigeria on the ways and …

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UBA Wins Again! Emerges Financial Brand of the Decade

Pan African banking and financial services group, United Bank for Africa (UBA) Plc has added yet another laurel to its cap as it emerged the Financial Brand of the Decade at the Marketing Edge Awards which was held over the weekend. The award in recognition of UBA’s innovative and pacesetting role, is a product of painstaking review and assessment of …

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Heritage Bank grows agent outlets to 400, moves to Badagry

With the alarming number of market women, artisans and underserved population who are unbanked, Heritage Bank Plc has deepen its retail banking structure by growing its agent banking base to 400 ‘Corner Shops.’ This is in line with the financial inclusion strategy of the Central Bank of Nigeria, as Heritage Bank Plc launches agent banking services at the coastal town …

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Adeosun wants FG, IITA partnership on national youth agric program

The Nigerian Minister of Finance, Honorable Kemi Adeosun, says the country will benefit by signing up for the African Development Bank funded ENABLE Youth (Empowering Novel Agri-Business-Led Employment) (http://APO.af/276D5p) Program. Nigeria’s signatory to the ENABLE youth program will make the oil-rich country the third African country coming behind Cameroon and Sudan to benefit from funds under the AfDB Feed Africa initiative. …

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Ecobank’s Shareholders Approve $400 m Convertible Bond Issue to Strengthen Group’s Capital Position

Shareholders of Ecobank Transnational Incorporated (‘ETI’), the parent company of the Ecobank Group, (‘Ecobank’ or ‘the Group’), has approved the issue of up to $400 million in convertible bonds to strengthen the bank’s operations. The convertible bond issue will have a maturity of 5 years and a coupon of 6.46% above 3-month LIBOR, with an option to convert at an …

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Staff welfare is our priority – Ayodele Sunday Emmanuel

Bolanle Emmanuel Members of the Association of Senior Civil Servants of Nigeria, Nigerian Export Promotion Council (NEPC) chapter have elected new set of officers to run the affairs of the union. Delegates from various NEPC Zonal offices participated at the election which held at the headquarters in Abuja 13th June. Mr. Ayodele Sunday Emmanuel emerged the Chairman having won a …

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FG to move against widespread tax frauds- Adeosun

The Federal Government has announced its intention to nip off various widespread tax malpractice in the country, stressing that the country’s tax to Gross Domestic Product (GDP) of six per cent is one of the lowest levels in the world. This was stated on Friday by the Minister of Finance, Mrs. Kemi Adeosun while speaking at the Nigerian Stock Exchange …

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Dispora Nigerians remit $18.97bn in 2016 – UN report

Nigerian migrant workers sent back home $18.956bn as remittances, a figure which indicated a 5.2 percent growth in nine years, a UN agency’s report showed on Wednesday. According to the report, titled Sending Money Home: Contributing to the SDGs, One Family at a Time and published on Wednesday, global migrant workers sent back to their home countries $445bn in 2016, lifting …

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EU announces €143 million support package for the crisis in North East

The European Union (EU) Commission on Thursday in Brussels, Belgium, announced a support package of €143 million to help the early recovery and reconstruction needs in the North East of Nigeria. The package is for the provision of basic services including energy, education and health, job creation, strengthening monitoring and evaluation systems as well as public financial management systems. Minister …

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Viola Graham-Douglas becomes Guinness Nigeria’s Corporate Relations Director

Guinness Nigeria Plc has announced the appointment of Viola Graham-Douglas as its Corporate Relations Director, effective June 1, 2017. Mrs. Graham-Douglas started her career in the banking industry in Nigeria and worked in varied roles with reputable banks. She joined Lafarge Africa Plc, formerly WAPCO Cement, as Treasury Manager, and subsequently became the Company Secretary/Head of Corporate Services before being …

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