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Finance & Investment

USAID, UBA sign MoU to advance Prosper Africa’s two-way trade; investment goals

UNITED States Agency for International Development (USAID) through the Prosper Africa initiative is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa. This partnership ensures businesses are equipped with the technical and financial tools they need to enter into new trading and investment relationships in Africa …

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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 Bank Plc is partnering with a Non-Governmental Organization, Prime Women …

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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 launch, on Monday in Abuja bemoaned the huge funds used …

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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 known at the 2019 Annual Conference of Finance Correspondents Association …

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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 youth empowerment were the key themes tackled at the Forum. …

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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 staff. The airline has also revealed that it is, in …

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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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