How Unity Bank increases asset base by 67.9% to N492bn By Eyo Nsima Unity Bank Plc, a leading Bank in Nigeria has achieved 67 per cent growth in its total assets. The assets stood at N492.02billion in the year ended December 2020 from N293.05 billion in the corresponding period of 2019. The bank also declared […]
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Manufacturing sector dips further by 4.7 points – CBN Report By Eyo Nsima The nation’s manufacturing sector has recorded a further drop, according to the Central Bank of Nigeria, CBN. In its current sector report obtained by The Daily, www.thedaily-ng.com, the Manufacturing Purchasing Managers Index (PMI) for January 2021 at 44.9 index points, a 4.7 points
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Canon Europe has announced three new RF lenses, alongside the development of the EOS R3 (bit.ly/3uTm81Y), a high-speed, high-responsive professional mirrorless camera designed to give sports and news photographers the advantage capturing fast action. The RF 400mm F2.8L IS USM (bit.ly/3x9ZCDN) and RF 600mm F4L IS USM (bit.ly/3aoec0J) join its extensive range of optically excellent,
As countries rebuild their economies following COVID-19, Africa needs to step up productive and infrastructural integration, participants heard at a regional presentation of the African Regional Integration Index (ARII) (https://bit.ly/3dsKMjV) held virtually last week. The index, a joint publication of the Economic Commission for Africa, the African Development Bank (www.AfDB.org) and the African Union Commission,
Direct carrier billing (DCB) is the safest and most suitable payment technology for the new mobile economy; the two companies announced the launch of DCB Index to measure industry maturity in different regions. European technology companies Evina (Evina.com) and Telecoming (Telecoming.com) have signed a global alliance to work hand in hand in promoting DCB as
By Godswill Odiong Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group (Ecobank.com), has announced the appointment of Akin Dada as Group Executive, Corporate and Investment Bank. He joined Ecobank in 2017 as the Executive Director for Corporate Bank in Nigeria, and prior to his new appointment was Group Head, Corporate Banking for the
By Godswill Odiong Platform Capital Group (ThePlatformCapital.com), Africa’s leading growth markets focused, sector-agnostic investment and advisory firm collaborated with its global partners to provide free medical tests in eight countries across the world in honor of International World Health Day. The eight countries are Nigeria, Ghana, Liberia, Sierra Leone, Kenya, South Africa, Mexico, and the
The African Development Bank has hosted its first virtual business opportunities seminar (BOS) of 2021 on 6 and 7 April. The BOS seminars offer a one-stop-shop for companies, civil contractors, manufacturers, consultants, and suppliers from the Bank Group’s regional and non-regional members seeking to provide goods and services to projects or to the Bank. Held
By James Bayhack In today’s digital world, data-driven customer analytics has become the heartbeat of modern businesses. Customers are engaging with businesses through digital channels while innovative technology allows the tracking of online activity, giving businesses access to more customer insights. So, how can businesses manage all the data at their disposal? Data management platforms
By Godswill Odiong Employees are currently the biggest threat to businesses when it comes to fraud, with 77% expecting this to increase in 2021, according to the recently released SNG Grant Thornton’s Sub-Saharan Fraud survey. In a statement obtained by The Daily, it stated: “According to the recently released SNG Grant Thornton’s Sub-Saharan Fraud survey,
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