The United Nations Economic Commission for Africa (UNECA) has said the ongoing West Africa Business Forum is to support women and youth entrepreneurs grow and sustain their businesses. Mrs Ngone Diop, Sub-Regional Director, West Africa Office, UNECA said this in an interview forum in Lagos on Wednesday. The forum titled “Empowering Women and Youths to…
The Central Bank of Nigeria (CBN), on Wednesday said the apex bank has concluded plans to launch the Central Bank Digital Currency (CBDC) on Oct. 1. Rukiya Mohammed, Director, Information Technology of the apex bank, disclosed this in a webinar, themed “Digital currency and the prospects of CBDC in Nigeria,” organised by the committee of…
The Chairman, Board of Directors, Sterling Bank Plc, Mr Asue Ighodalo, has said that the annual agriculture output of 1.3 per cent is insufficient to meet food and raw materials demands. Ighodalo said in his address at the 4th Agriculture Summit Africa (ASA) 2021 organised by Sterling Bank with the theme: “Building the New Agro…
Africa has recorded good progress in adopting bio-tech crops for 2021, Dr Margaret Karembu, the AfriCentre Director, International Service for the Acquisition of Agricbiotech (ISAAA) has said. ISAAA is a not-for-profit international organisation that shares the benefits of new bioscience technologies to key stakeholders. It share this through particularly resource-poor farmers in developing countries, through…
BP Plc fired an ex-oil trader because he voiced concerns about bribes being paid in Nigeria to secure local contracts, according to a sprawling London employment suit that sheds light on the energy giant’s lucrative trading floor. Jonathan Zarembok, who traded on BP’s West Africa desk, said that the company paid an “abnormally large” fee…
Chairman, Dangote Sugar Refinery Plc, Aliko Dangote has said that the National Sugar Master Plan (NSMP), when executed as designed, can save the nation foreign exchange in excess of $700million yearly from the backward integration component. Dangote, according to a statement by the company, made the disclosure during a facility tour by some businessmen on…
Trust Africa News , By Ayomide Otitoju Pandagric Novum Limited, leading manufacturer of animal feeds, recently held its annual distributors conference and the unveiling of the rebranded Supreme Feeds, in line with the aim of creating profitable partnerships and repositioning for market leadership. The two-day event which held in Abuja, themed “Winning Together”, brought together…
The Nigerian National Petroleum Corporation (NNPC) started its weekly activities by throwing more light on the controversial areas of it 2020 audited financial report that placed the corporation on a profit lane. It will be recalled that on Aug. 26, President Muhammadu Buhari announced a profit after tax of N287billion by the corporation in 2020, first…
The man Ifie Sekibo is an astute Nigerian banker and entrepreneur adept at returning moribund companies to the path of sustained profitability. He is the pioneer and current CEO and Managing Director of Heritage Bank, Nigeria’s most innovative bank. A post he held since 2012. He wrote his book (Leadership Turnaround) out of his quest…
