The chairman of the United Bank for Africa, UBA, Tony Elumelu has launched the UBA UK in London. The bank had earlier announced that its London subsidiary had obtained regulatory approval to carry out wholesale banking activities in the United Kingdom. Following the authorization, UBA is now the only sub-Saharan African bank to conduct banking…
Dangote Now 64th Richest Man in The World
President of Dangote Group, Aliko Dangote has emerged as 64th richest person in the world with an estimated $16.6 billion, as against his previous ranking of 103rd in the world. Dangote, who remains the richest man in Africa for the 8th year running, was the only Nigerian on the list of the top 500 billionaires,…
2019 Polls: Exercise Marred By Late Arrival of Materials
Despite INEC’s assurances, voting materials still arrived very late at many polling stations Eager voters overwhelmed polling officers who arrived late at many polling stations in the Federal Capital Territory, Abuja, and Nasrawa State. Hoping that the Independent National Electoral Commission, INEC, had got the logistics right as its chairman, Mahmood Yakubu, assured Nigerians and…
Don’t Be Distracted By Threats, Friends of Atiku In UK Tell International Community
The threat by the Kaduna State governor, Nasir Ahmad el’Rufai that foreign observers who meddle in Nigeria’s elections would return home in body bags, and the strongly-worded statement by the spokesman of the All Progressives Congress, APC campaign Council, Festus Keyamo, senior advocate of Nigeria, SAN, in which he accused the United States of America…
Peter Obi Recommends Jail Term for Public Officers Who Compromise Privatisation Exercise
The vice-presidential candidate of the Peoples Democratic Party, PDP, Peter Obi, says if he has his way, any public officer who influences a privatisation exercise, should go to jail without option of fine. Obi was responding to a question on solving the country’s power challenge at a widely-attended interactive session Thursday in Benin City, Edo…
The Entrepreneurship Programme That Is Changing Africa
No doubt, Africa is rising. And one of the special purpose vehicles for this is the Tony Elumelu Foundation, TEF Entrepreneurship Programme – celebrated as the only African funded entrepreneurial catalyst of its kind. On January 1, 2019, the foundation began to accept online applications for the fifth circle of the programme from where 1,…
‘Men Get Intimidated When They See Me’- Adeola
‘Men Get Intimidated When They See Me’ -Adeola Laketu Jaiyeola Adeola Laketu Jaiyeola, is a young Nigerian entrepreneur and CEO of Biike’s Castle, a foot wear making outfit. Supplying clients with handmade male and female foot wears has brought fame and fortune to her. She is delighted that she is patronised by “the rich,…
Glo Partners SMEDAN in Supporting SMEs
Globacom has concluded plans to provide financial grants to Small and Medium Enterprises, SMEs, in the country in collaboration with the Small and Medium Enterprises Development Agency of Nigeria, SMEDAN, Kamaldeen Shonibare, the company’s Head of Corporate Sales, stated in Lagos, at a meeting with chairmen and secretaries of Business Member Organisations and Cluster Development…
Lifeline for SMEs
Bank of Industry, in partnership with Western Union and USAID African Diaspora Marketplace, organises a forum aimed at expanding access to technical and financial opportunities for small businesses On account of its capacity to spew millions of employment opportunities, create wealth and alleviate poverty, the small and medium enterprise, SME, sector is acknowledged globally as…
E-Commerce: Buyam.com.ng Makes Shopping Easy
It is no longer news that 44 million Nigerians now use the Internet. What is new is how this traffic fuels the growth of e-commerce market in the country. To take its chunk of the growing middle class, who makes up to 23 per cent of the country’s population, Buyam.com.ng, e-commerce platform, offers unique, one-stop…
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