Business - TheDailyNG

Heritage Bank’s YNSPYRE, CREAM Platform April draw produce millionaires

Leave a Comment / Business / Alison_Godswill

Heritage Bank’s YNSPYRE, CREAM Platform April draw produce millionaires Heritage Bank has continually fulfilled its promises to support the Nigerian Creative Industry, as millionaires emerged from the YNSPYRE product in collaboration with the CREAM Platform. The YNSPYRE account holders who subscribed to the platform by dialing *745*463# on all networks won over N12million during […]

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Petroleum Industry Act marks a significant milestone in the administration of Nigeria’s oil and gas industry --- LCCI

LCCI seeks better interface between regulatory agencies, SMES

Leave a Comment / Business, The Nation / Godswill Odiong

The Lagos Chamber of Commerce and Industry (LCCI) is seeking direct and effective engagements between Small and Medium Enterprises (SMEs) and regulatory agencies for enhanced transactions, communication and responsive feedback mechanism. Dr Muda Yusuf, Director-General, LCCI, made this known in a press statement made available to the media following a study by the Chamber and

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Dangote Cement to pay N40.39 bn in corporate tax

Leave a Comment / Business, Dangote / Godswill Odiong

…ramps up production capacity to meet local demand By Eyo Nsima Nigeria’s Dangote Cement Plc is expected to pay a total of N40.39 billion in taxation to the nation’s treasury from its operational result in the first quarter of 2021. According to the financial result published by the country’s largest cement manufacturer on Friday, April

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African Development Bank, IFAD and partners redouble efforts to stop hunger in Africa and strengthen food security

Leave a Comment / Business, INTERNATIONAL / Godswill Odiong

The African Development Bank (AfDB.org) and the International Fund for Agricultural Development (IFAD), in partnership with the Forum for Agricultural Research in Africa (FARA) and the CGIAR System Organization, today pledged to work closely with African leaders to address rising hunger on the continent and shore up adequate financing to transform and modernize Africa’s food

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Ethiopia: African Development Fund provides $31.2 million to boost nutrition and end child stunting

Leave a Comment / Business, INTERNATIONAL / Godswill Odiong

The Multi-sectoral Approach for Stunting Reduction Project (MASReP) will target forty districts or woredas in the country’s Amhara and Tigray regions The Board of Directors of the African Development Fund has approved a grant of $31.2 million to the Government of Ethiopia to increase access to multi-sectoral nutritional services for children under five years, by

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Dany Mawas explains key financial instruments that are great options for beginner traders to get started with

Leave a Comment / Business / Godswill Odiong

Online trading is increasing in popularity as more people seek additional and convenient income options. To assist beginners kick-off their trading journeys, Dany Mawas, Regional Director at INFINOX (INFINOX.com) – a globally recognised CFD and FX trading broker which operates in Africa – explains key financial instruments that are great options for beginner traders to

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The banker-turned-poultry farmer becomes champion for African agriculture

Leave a Comment / Business / Godswill Odiong

“If we must satisfy Africa’s food security with our growing population, then there must be high commercialization of agriculture. That is modern farming.” – Ayotomiwa Yinka Ogunsua, poultry farmer When Ayotomiwa Yinka Ogunsua got a job as a loan officer at a microfinance bank in Ibadan, Nigeria, after graduating from university, he thought he’d done

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Fidelity Bank makes 53.9% PBT growth

Leave a Comment / Business / Alison_Godswill

Fidelity Bank makes 53.9% PBT growth By Eyo Nsima Fidelity Bank Plc has recorded a 53.9 percent growth in Profit Before Tax (PBT) to N10.1 billion for the first quarter ended March 31, 2021 (Q1’21) as against N6.6 billion recorded in the corresponding period of 2020 (Q1’20). According to details of the unaudited results,

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Africa’s recovery pathway offers enormous opportunities, African Development Bank head says at EU-Africa Green Investment Forum

Leave a Comment / Business, INTERNATIONAL / Godswill Odiong

Sounding a note of optimism at the European Union-Africa Green Investment Forum on Friday, African Development Bank (AfDB.org) President Dr. Akinwumi A. Adesina reminded global audiences of the continent’s vast opportunities for green growth. “Africa is a huge market offering incredible opportunities. The recovery pathway offers enormous opportunities. Recovery must be green and build climate

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Sudan: African Development Bank Group approves proposal to clear $413 million arrears

Leave a Comment / Business, INTERNATIONAL / Godswill Odiong

The Boards of Directors of the African Development Bank Group on Friday approved a proposal for the clearance of about $413 million in arrears on loans owed by Sudan to the institution, marking a major milestone in the country’s re-engagement with international financial institutions and the global economy. The proposal enables the Bank to proceed

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