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Finance & Investment

Heritage Bank enables 2000 female entrepreneurs

NO fewer than 2000 female entrepreneurs have benefitted from Heritage Bank’s financial inclusivity initiatives, as the institution has moved them towards self-reliance by engaging them in some Micro, Small and Medium Enterprises (MSMEs) This move is in line with the people-oriented policies of the Central Bank of Nigeria (CBN), Heritage …

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FG to banks, huge financial safety nets increases risks, vulnerabilities

FEDERAL Government has urged banks to re-strategize on their risk management methods in the sector as the use of huge intervention funds may not be sustainable in the financial system and would increase their weaknesses. Vice President, Yemi Osinbajo, who spoke at the Nigeria Deposit Insurance Corporation’s 30th anniversary lecture/book …

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Credit Access: Heritage Bank MD says Nigeria needs credible identity management

MANAGING Director/ Chief Executive of Heritage Bank, Mr Ifie Sekibo, that while the Bank Verification Number (BVN) has been able to create a form of identification in the country, government still needs to work towards creating a credible and strong identity management towards expanding access to credit. Sekibo made this …

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UBA partners LCCI, gives customers 20% discount for 2019 Lagos International Trade Fair

PAN-AFRICAN financial services institution, United Bank for Africa (UBA) Plc, is partnering the Lagos Chamber of Commerce and Industry(LCCI), to organize the 2019 edition of the Lagos International Trade Fair and is giving a 20% discount to its Small and Medium business customers who register to attend the fair. The …

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Global leaders join African presidents to tackle job creation, youth empowerment at 2019 TEF Entrepreneurship Forum

150 SME owners from across 20 African countries exhibit at the UBA Marketplace AT the recently concluded 5th edition of the Tony Elumelu Foundation (TEF) Entrepreneurship Forum, five African Presidents and thousands of young African entrepreneurs converged at the most influential gathering in the African entrepreneurship ecosystem. Job creation and …

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Human Capacity Development: Bristow commits N250m to train staff

invests another N100m to train 20 Nigerians at NCAT BRISTOW Helicopters (Nigeria) Limited has once again taken a significant step towards its ongoing initiatives and commitment to training and human capacity development in the Nigerian aviation industry, revealing that it has committed well over N250million to the training of its …

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UBA GED recommends curriculum overhaul to equip graduates for tech evolution

“I am not certain if the finance and accounting graduates of today are familiar with modern financial softwares packages, including global accounting and financial reporting standards.“Have they been imbibed with the ready-to-market soft skills like leadership, communication, commercial acumen, flexibility/openness to change and strategic vision? “If not, I will like to propose an overhaul of the curriculum to accommodate these,” he noted.

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Presidents of Rwanda, Senegal, DRC to engage over 5000 participants at TEF Entrepreneurship Forum

PRESIDENT’S of the Democratic Republic of Congo (DRC), Rwanda,Senegal, H.E Félix Tshisekedi , H.E Paul Kagame and H.E Macky Sall respectively, will engage over 5000 entrepreneurs, policymakers, investors and business leaders in an interactive, moderated by TEF Founder, Tony O. Elumelu, CON at the 5th Tony Elumelu Foundation Entrepreneurship Forum. …

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NAHCO expands export warehouse capacity to handle increased cargo volumes

NAHCO aviance has expanded the size of its export warehouse, as part of plans tailored at increasing capacity to take care of growing cargo volumes. The new facility, comprising three sections; Annex Extension, the Canopy Area and the Ramp Area comes on the heels of expanding airfreight volume in the …

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Emirates Group records AED 2.3 billion (US$ 631 million) profit 2018-19 results

EMIRATES Group today announced its 31st consecutive year of profit and steady business expansion as it released today its 2018-19 Annual Report, posting a profit of AED 2.3 billion (US$ 631 million) for the financial year ended 31 March 2019, down 44% from last year. The Group’s revenue reached AED …

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