At the24th Annual General Meeting of the African Export-Import Bank(Afrexim), held in Rwanda, Tony O. Elumelu, CON, Chairman of Heirs Holdings and the Tony Elumelu Foundation, congratulatedAfrexim for the critical supportthat the Bank, led by President Oramah, provides for African businesses and its significant contribution to the development of cross-border …
Read More »Afrexim Signs $1bn Loans With Dangote
The African Export Import (AFREXIM) Bank has signed a $1billion memorandum of understanding (MoU) with the Dangote Group of Companies at the 24th Annual General Meeting of the bank holding in Kigali, Rwanda. AFREXIM Bank’s president, Dr. Paul Oramah, said “the deal was part of the bank’s bid to expand …
Read More »Labour Hails Aliko on Investment Drive, employment, youth empowerment …urges others to emulate him
Following his fresh investments in automobile and agriculture, the organized labour in the country has commended Alhaji Aliko Dangote, President and the Chief Executive of Dangote Group for promoting investments and creating thousands of direct and indirect youth employments across the country and in Africa. The labour said Dangote’s …
Read More »Communication and PR Academics Support Call to End Use of AVEs AMEC Academic Advisory Group Statement
Leading international communication and public relations academics have welcomed and supported the “Say No to AVEs” call byAMECto end the use of advertising value equivalents (AVEs) as a purported measure of editorial media publicity. The Academic Advisory Group to AMEC, comprised of Professor Anne Gregory, University of Huddersfield, UK; …
Read More »Staff Implicates Fidelity Bank MD, Nnamdi Okonkwo in disbursement of N23bn Diezani bribe
There seems to be more trouble for the embattled Managing Director and Chief Executive Officer of Fidelity Bank Plc, Mr. Nnamdi Okonkwo, and some officials for allegedly receiving $115m from a former Minister of Petroleum Resources, Diezani Alison-Madueke. This is coming as a staff of the lender, Mr. Timothy Olaobaju, …
Read More »Rivers Tribunal Sacks PDP Senator, Sekibo
George Sekibo The Rivers State Elections Petition Tribunal has sacked the senator representing Rivers east, George Thompson Sekibo. The tribunal went on to declare Andrew Uchendu as winner of the senatorial election. It also directed the Independent National Electoral Commission, INEC, to withdraw the certificate of return issued to Sekibo …
Read More »Evans Seeks Enforcement Of His Fundamental Right, Sues IGP, Lagos CP
Suspected kidnap kingpin, Chukwudumeme Onwuamadike, popularly known as Evans, has instituted a legal action against the Inspector-General of Police, IGP, Ibrahim Idris, over his continued detention, seeking an enforcement of his fundamental human right. Evans, who seeks to compel the IGP to either charge him to court or release him …
Read More »Food security: Heritage Bank restates commitment to deepen Agro-business funding
Heritage Bank Plc has reiterated its commitment to further deepen the drive to support agribusiness value chain in order to fast track food security and sufficiency in the country.The MD/CEO of the bank, Mr Ifie Sekibo, who disclosed this, stated that in a bid to support food sufficiency, Heritage Bank …
Read More »UBA Foundation launches Read Africa in Liberia
In pursuance of its mission to uplift the lives of the communities in which the United bank for Africa (Plc) operates, UBA Foundation’s initiative, Read Africa is visiting schools in African countries to encourage young children embrace the culture of reading. Read Africa is an initiative of UBA Foundation geared …
Read More »Nigeria loses more than 140 billion weekly to Apapa gridlock – Aliko Dangote
President of Dangote Group, Aliko Dangote has lauded the decision of the Federal Government to reconstruct the failed Apapa Wharf road as its grim state serves as both an embarrassment to the country and a huge financial loss to the government on a weekly basis. Dangote who spoke on Tuesday …
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