Business

British American Tobacco (Nigeria) gets Alliance for Water Stewardship Certification

By Eyo Nsima British American Tobacco (Nigeria) Limited has been awarded the prestigious Alliance for Water Stewardship (AWS) Core certification. In a statement obtained by The Daily, www.thedaily-ng.com, the company, stated: “British American Tobacco (Nigeria) Limited is pleased to announce that its Ibadan Factory, has been awarded the highly prestigious Alliance for Water Stewardship (AWS) […]

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AfDB

AfDB partners with AFG and DEG to further regional industrialization

The African Development Bank will partner with African Hidden Champions in support of its efforts to promote the growth of African companies and aid their transformation into global champions. African Hidden Champions, co-founded by Africa Foresight Group (AFG) (www.AfricaForesight.com) and the German Investment Corporation, DEG – Deutsche Investitions- und Entwicklungsgesellschaft (https://apo-opa.info/3IlgZIr), identifies African firms that

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Kholo Capital Mezzanine Debt Fund I achieve first close at R870m

Kholo Capital Mezzanine Debt Fund I (Kholo Capital), has secured R870m in commitments for long-term mezzanine debt investment in support of growth, job creation and advancement of transformation within mid-market companies with operations in Southern Africa (i.e., South Africa, Botswana, Namibia, Lesotho and Swaziland). These first close commitments have been secured from leading institutional investors

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Dangote Refinery Will Boost Growth of Downstream Sector in 2022, CPPE, Others Affirm

CBN CONFLICTING DIRECTIVES ON RETURN OF OLD CURRENCY NOTES

The Centre for the Promotion of Private Enterprise [CPPE] is concerned about the conflicting directives emanating from the CBN on where to deposit the old currency notes – whether the commercial banks, or Central bank.  This confusion is inflicting additional pains on already traumatized millions of innocent Nigerians seeking to return the old notes. Amid

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Nairaxi Emerges Winner in NCC’s Young Innovators Competition

Nairaxi Emerges Winner in NCC’s Young Innovators Competition By Eyo Nsima A mobile ridesharing mobile app that enables users to request taxi and bus rides tagged, Nairaxi has emerged overall winner at the young innovators’ competition organized by the Nigerian Communications Commission, which was held at the Digital Bridge Institute, Oshodi, Lagos recently. The company,

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Group congratulates NCC boss on Regulator of the Year Award

Group congratulates NCC boss on Regulator of the Year Award

Group congratulates NCC boss on Regulator of the Year Award A group, Kano North Renaissance (KNR), has congratulated the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, over his recent emergence as the regulator of the year at the prestigious Vanguard Newspapers Award. The award was presented to the professor

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CBN Selects Technical Partner for Digital Currency Project 

Cellulant’s Payment Service Solution Provider Licence Gets Renewed by Central Bank of Nigeria

The Central Bank of Nigeria (CBN) has renewed Cellulant’s Payment Service Solution Provider License in Nigeria. This license enables Cellulant to continue providing online and offline payment solutions, including collections, check-out, biller aggregation, and payout services securely to thousands of businesses across Nigeria. Cellulant’s digital payments platform, Tingg (www.Tingg.Africa)- enables businesses to seamlessly accept and

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Dakar Financing Summit: $65bn in Investments, Concrete Commitments for Sustainable Infrastructure in Africa

From February 2nd to 3rd, 2023, the second Dakar Financing Summit for Africa’s Infrastructure (DFS-2) was held in CICAD: mobilization of States and the private sector and materialization of financing opportunities for 22 projects in the transport, ICT, energy and water sectors. Africa is taking a positive turn to revive its regional and intra-African economies

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First Bank cautions customers against fraudsters

Naira shortage: We are open for you — First Bank of Nigeria

By Eyo Nsima As Nigerians continue to pass through very difficult times characterised by shortage of Naira and petrol, the First Bank of Nigeria, FBN, has expressed commitment to assisting customers to meet their financial needs. In a message to its customers, the bank, stated: “We know these are challenging times and our commitment to

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