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Thursday, November 26, 2020

AfDB awards $120,000 in prizes to African youth agripreneurs

By Folasade Akpan Abuja, Nov. 19, 2020 The African Development Bank (AfDB), has awarded cash prizes of 120,000 dollars to some African youth “agripreneurs”, winners of the bank’s AgriPitch competition. The bank made this known in a statement it issued on Thursday in Abidjan, Côte...

NCDMB partners Enactus to launch first Nigeria Content STIC

By Raji Rasak Lagos, Nov.19, 2020 The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Enactus Nigeria, on Thursday launched the first Nigeria Content in Science and Technology Innovation Challenges (STIC) in Lagos. Mr Simbi Wabote, the NCDMB Executive Secretary, described the STIC as...

WorldRemit launches Africa-focused Entrepreneurship Programme

Nairobi, Nov. 19, 2020 (PANA/Naija247news) International Money transfer company, WorldRemit, has launched its World Remit Entrepreneurs Programme in Africa. WorldRemit said in Nairobi that it has launched the programme in Kenya, Nigeria and Zimbabwe. The digital money transfer service company said since the outbreak of COVID-19...

UBS Wealth Picks Nigerian American Ex-NFL Pro Bowler to Lead Athlete Segment

Adewale Ogunleye says the industry has failed to ‘speak athletes’ language,’ leaving them vulnerable to bad advice. Adewale Ogunleye, a former Pro Bowl defensive end with the Chicago Bears, has been named to lead UBS Global Wealth Management’s new Athletes & Entertainers segment, according to...

Sterling Bank launches single-digit Agribusiness facility for women, youths

By Lydia Ngwakwe Lagos, Nov. 18, 2020 Sterling Bank Plc on Wednesday launched a new product, Sterling Women and Youths in Agriculture Finance code (SWAY-AgFin), to provide low-cost financing at single-digit rates to young men and women entrepreneurs in the agribusiness value chain across...

Accelerex Holdings Secures $20m Investment from Africa Capital Alliance (“ACA”)

In addition, Accelerex also acquired a majority stake in SLS Microfinance Bank to serve the financial needs of its fast-growing agent banking business LAGOS, Nigeria, November 19, 2020/ -- Accelerex Holdings, Mauritius, today announced that it has signed an investment agreement with regional private equity...

Abbey Mortgage Bank Plc announces the death of Mr. Uzochukwu Odunukwe

Abbey Mortgage Bank Plc regrets to announce the death of one of its Directors-MR. Uzochukwu Odunukwe which sad event took place on Thursday, 30th July 2020 in the United States of America. Abbey Morgage Bank PLC provides housing and mortgage products. The Company also offers...

AMCON Takes Over Jimoh Ibrahim’s Prime Assets Over N69.4bn Debt

The Asset Management Corporation of Nigeria (AMCON) has taken possession of twelve prime assets belonging to Barrister Jimoh Ibrahim, the chief promoter of Global Fleet Oil & Gas Limited and NICON Investment Limited in Lagos and Abuja over a staggering indebtedness of nearly N70billion. This...

Explore digital tourism marketing post COVID-19, stakeholders urge operators

By Taiye Olayemi Lagos, Nov. 17, 2020 Some tourism stakeholders have called on operators to explore digital marketing for speedy recovery of the sector post COVID-19 pandemic. The stakeholders made the call at the 2020 Assocation of Nigerian Journalists and Writers of Tourism (ANJET) seminar on...

NEPC trains MSMEs on product packaging to promote export

By Rabiu Sani-Ali Kano, Nov. 17, 2020 The Nigerian Export Promotiin Council (NEPC), has trained Micro, Small and Medium Scale Entreprises (MSMEs) in Kano State on packaging to promote export of indigenous products. Mr Segun Awolowo, Executive Director of the council, stated this at...
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