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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 …

  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 …

  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; …

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, …

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 …

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 …

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 …

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 …

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 …

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 …