BUSINESS

JEDDAH, Kingdom of Saudi Arabia, November 2, 2022/APO Group – The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org/), the insurance arm of the Islamic Development Bank (IsDB) Group, in cooperation with Commercial International Bank (CIB), Egypt’s largest and leading private sector Bank, is organising an …

LAGOS, Nigeria – In line with its mission to empower Africans with the payment solutions they need to thrive in a digital community, HabariPay has partnered with Google Hustle Academy to train targeted MSMEs on digital payment solutions. The Hustle Academy seeks to provide MSMEs across Kenya, Nigeria, Ghana, and …

LAGOS – Ratings agency – Agusto & Co. has upgraded Wema Bank Funding SPV Plc’s (‘’the Issuer’’ or ‘’the SVP’’) Series II Bond (‘‘the Issue’’ or ‘’the Bond’’) to ‘Bbb+’, with a stable outlook, from the previous ‘Bbb’ score. The Issuer is a Special Purpose Vehicle (SPV) set up by …

Says, “People With Illicit Money Buried Under Soil Will Have A Challenge” ABUJA – President Muhammadu Buhari has said that the CBN has his support to launch new designs and replace high value naira notes. The president’s media aide, Garba Shehu stated this in Abuja on Sunday, October 30, 2022 …

LAGOS – First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its partnership with CFA Society Nigeria to host its annual flagship event, the Universities Ethics Challenge final, and it was held at Radisson Blu Hotel, Victoria Island Lagos on Saturday, 29, October 2022. …

JOHANNESBURG, South Africa, October 26, 2022/ — The Sandton Central (https://SandtonCentral.co.za) precinct has long been admired as South Africa’s business capital, housing not only the Johannesburg Stock Exchange and numerous listed companies, but also many of Africa’s most prolific thinkers and highly sought-after retail experiences. Now, the public have even …

Lagos, Nigeria: October 2022 – Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended September 30, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦169.7billion, representing …

LAGOS – United Bank for Africa (UBA) Plc. has released its third quarter results, showing double-digit growths across key performance indicators. According to the extracts of the interim report and accounts for the nine-month period ended September 30, 2022 released at the Nigerian Exchange (NGX) showed that top-line earnings rose …

LAGOS – First Bank of Nigeria Limited has announced its variety of retail products specifically designed to enhance the operations and sustenance of various businesses in the country.  The products: Petroleum Dealership Finance (PDF), Operational Vehicle Finance (OVF) and Commercial Mortgage will strengthen the capacity of businesses to meet their …

LAGOS – Ecobank Nigeria has announced the commencement of Season 3 extension of its Super Rewards Campaign. According to a press release, the customer-focused initiative is designed by Ecobank Nigeria to reward customers’ loyalty. The statement further stated that the campaign tagged: Season 3.1 is set to reward 100 customers …