LCCI Lists Strategies For SME’s Survival
Yemisi Izuora The Lagos Chamber of Commerce and Industry, LCCI has handed down strategies to operators of Small and Medium Enterprises, SME’s in their determination to scale through the difficult…
SMEs
SMEs
FG Takes Fresh Initiative To Accelerate ICT Adoption In Nigeria
Yemisi Izuora The Minister of Communications, Dr. Adebayo Shittu has pledged the Ministry’s readiness to partner with the Alliance for Affordable Internet (A4Ai) to move the telecoms and ICT industry…
Unity Bank Restates Position On Milost’s $1bn Investment
Yemisi Izuora Unity Bank has once again reiterated its position that it had not received $1 billion investment from Milost Global Inc. The clarification, according to the bank, was in…
Innoson Commences Plant Expansion, Plans To Employ 3,000 Nigerians
Hyacinth Chinweuba Innoson Vehicle Manufacturing (IVM) is planing employment for 3000 Nigerians as it begins expansion of its factory in Nnewi, the second largest city in Anambra state. Innoson in…
UBA Inducts 30 Brand Ambassadors
Yemisi Izuora The United Bank for Africa (UBA) Plc has at the launch of the second edition of its Campus Ambassador Programme inducted 30 new brand ambassadors. The UBA…
Access Bank Discloses N10.27bn or 11.36% Decline In PBT For 2017
Yemisi Izuora Access Bank Plc reported N10.27 billion or 11.36 per cent decline in profit before tax (PBT) in its audited reports for the period ended December 31, 2017. The…
UBA Appoints Abiola Bawuah Regional CEO For West Africa
Yemisi Izuora United Bank for Africa (UBA) Plc has announced the appointment of Mrs. Abiola Bawuah as the new Regional Chief Executive Officer (RCEO) in charge of six African countries.…
UBA/French Devt Agency Supports SMEs In Africa
Yemisi Izuora The United Bank for Africa (UBA) Plc and the Agence Française de Development (AFD), France’s public and solidarity-based development bank have entered into an agreement to utilise the…
Shell, GT Bank Offers $270Mn Loan To Facilitate Amni’s Oil Production
Yemisi Izuora/Agency Report The Guaranty Trust Bank and a subsidiary of Royal Dutch Shell have granted a $270 million loan to independent Nigerian oil and gas producer Amni International. The…
STANBIC Reports Q4 2017 Results – Proposed Final Dividend of 50k Below Expectation.
Event: Stanbic IBTC Holdings (Stanbic) reports Q4 2017 results Implications: Limited reaction from the market likely Positives: Strong growth in non-interest income, +63% y/y Negatives: Proposed final dividend of 50kobo below expectations;…
