The Nigeria Deposit Insurance Corporation (NDIC) is set to lead the African Sub-Region in enhancing capacity building and bridging skills gaps in the banking industry in general and the Deposit Insurance Scheme (DIS) in particular. The NDIC’s Managing Director/Chief Executive, Alh. Umaru Ibrahim made this remark during the accreditation ceremony of the NDIC Academy as […]
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The Chief Executive Officer, Mouka Nigeria Limited, Mr. Ray Murphy, says the London Stock Exchange Group’s ‘Companies to Inspire Africa’ report is meant to increase awareness of investment opportunities in Nigeria and Africa in general. He said the initiative could also enhance capital inflows into the continent. “It (London Stock Exchange Group’ Company to Inspire […]
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President of African Export-Import Bank (Afreximbank), Dr. Benedict Oramah, has been named African Banker of the Year at the African Banker Awards 2017 ceremony, in India. A statement by Afreximbank, in Lagos, on Wednesday, said that the award was presented on Tuesday at a ceremony on the sidelines of the Annual Meetings of African Development […]
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Transnational Corporation of Nigeria (Transcorp) was on the list of Africa’s top 500 companies recently released by The Africa Report (February 2017 issue), a leading news magazine publication owned by Paris-based media group, Jeune Afrique. The list is compiled annually with each company listed assessed based on total turnover as well as net profits. Despite […]
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The Africa Finance Corporation (AFC) has issued a $500 million seven-year Eurobond. The senior, unsecured Eurobond which carries a coupon of 3.875 per cent was priced to yield 4.000 per cent and matures in April 2024. The Eurobond received strong global interest, with an order book of $2.4 billion, representing about five times over-subscription from […]
Read MoreThe Boko Haram insurgent group has released a new video showing its attack on African Forces and the seizure of some war equipment. The lead insurgent who spoke in a mixture of Hausa, Arabic and French mocked the Cameroonian soldiers especially and added that they were cowards.
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The Nigerian Maritime Administration and Safety Agency has said that it will soon take delivery of the fifth largest modular floating dockyard in Africa. The Director-General of the agency, Dr. Dakuku Peterside, who disclosed this on Tuesday during a press conference to mark his administration’s one year in office, added that the dockyard would save […]
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Nigeria has led advocacy campaign for the promotion of women’s property rights in Africa, a panacea to achieving women economic empowerment. The Senior Special Assistant to the President on Sustainable Development Goals (SDGs), Princess Adejoke Orelope-Adefulire, hosted Africa’s women parliamentarians at a side event at the ongoing UN Commission on the Status of Women in […]
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The United Arab Emirates, one of the Middle East’s largest economies, wants to expand trade ties with faster growing nations in Asia and Africa, a senior official said on Sunday. Rich Gulf Arab states are looking at ways to diversify their economies, including who they trade with, after more than two years of depressed oil […]
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In the beginning was .com, followed by a host of other .somethings, but on Friday, 32 years after the world’s first domain name was registered, the African Union has launched .africa for the continent. Africans who want to register a website will be able to apply for a .africa domain name in the coming months, […]
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Nigerian protesters on Thursday demanded that South African citizens and businesses leave the country and vandalised the head office of mobile phone giant MTN in Abuja in retaliation for anti-Nigerian violence in South Africa. The National Association of Nigeria Students (NANS) said it had given South Africans 48 hours to get out otherwise the attacks […]
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Africa wants 10 places in the 48-nation World Cup from 2026, FIFA president Gianni Infantino was told in Johannesburg Wednesday. The Swiss-Italian was attending a two-day meeting of African national football association presidents behind closed doors. “All associations back an expanded World Cup and Africa hopes for 10 places,” said South African FA president Danny […]
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