Union Bank Bags Middle East, Africa Innovation Awards

Union Bank Bags Middle East, Africa Innovation Awards

Union Bank of Nigeria has received the highly acclaimed award for the Best Trade Finance Platform Initiative, at the recently concluded Middle East & Africa Banking Innovation Awards 2022. A statement sent to City Business News Online explained that the...
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NSML Gets First Sub-Saharan African Terminal Environmental Certification

NSML Gets First Sub-Saharan African Terminal Environmental Certification

NLNG Ship Management Limited (NSML), manager of the Nigeria LNG Limited (NLNG) Bonny Terminal, has achieved the terminal’s Ecoport Port Environmental Review System (PERS) certification, making it the first certification of its kind in any port in Sub-Saharan...
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SEC Nigeria Receives FSD Africa Delegation, Harps On Technology-Driven Market

SEC Nigeria Receives FSD Africa Delegation, Harps On Technology-Driven Market

The Securities and Exchange Commission has restated its commitment to ensuring that technology plays a major role in enabling the nation’s capital market attain its full potentials.   Director General of the SEC, Mr. Lamido Yuguda stated this durin...
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JBS ELDERLY FOUNDATION WALKS FOR UNDERPRIVILEGED ELDERLY PEOPLE

JBS ELDERLY FOUNDATION WALKS FOR UNDERPRIVILEGED ELDERLY PEOPLE

In a demonstration of her commitment to the underprivileged elderly people living in sub-Saharan Africa, starting from Nigeria, JBS Elderly Health & Wellbeing Foundation Africa (JBS EHWF Africa) is having her first-ever sponsored walk this March, tagged, T...
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Nigeria Signs Natural Gas MoU With Equatorial Guinea

Nigeria Signs Natural Gas MoU With Equatorial Guinea

Nigeria and Equatorial Guinea on Tuesday signed landmark Memorandum of Understanding (MoU) to supply gas from Nigerian offshore fields to the neighbouring Equatorial Guinea Gas Processing Facility at Punta Europa.  A statement sent to City Business News expla...
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Shell Reiterates Commitment To Lower CO2 Emissions In Nigeria

Shell Reiterates Commitment To Lower CO2 Emissions In Nigeria

Nigeria’s leading energy company, Shell, has reiterated its commitment to supporting efforts to help the country meet its lower carbon emission target.  “Apart from this being the right thing to do, it is also good for our business in Nigeria,”...
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Nigeria Tasks ILO On Poverty, Social Disruptions In Africa

Nigeria Tasks ILO On Poverty, Social Disruptions In Africa

Nigeria has called for radical changes in the development programmes of the International Labour Organisation ((ILO) to enable it tackle the rising poverty and social disruptions in Africa.  Sen. Chris Ngige, Minister of Labour and Employment, said t...
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Senegal Beat Egypt To Claim First AFCON Title

Senegal Beat Egypt To Claim First AFCON Title

Sadio Mane made up for an earlier penalty kick miss with the decisive kick on Sunday in Yaounde as Senegal claimed their first Africa Cup of Nations (AFCON) title.  They claimed the title with a 4-2 penalty kick shootout win over Egypt...
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Egypt Beat Cameroon On Penalties

Egypt Beat Cameroon On Penalties

Goalkeeper Gabaski was the hero, saving two penalties as Egypt edged past hosts Cameroon in a penalty shootout after a goalless draw to set up an Africa Cup of Nations final against Senegal. Sunday’s final sets up a tantalising meeting...
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Dangote Advocates Unity Among Africans As Afreximbank Unveil Centralised Payment, Settlement Infrastructure Platform

Dangote Advocates Unity Among Africans As Afreximbank Unveil Centralised Payment, Settlement Infrastructure Platform

President of Dangote Group, Aliko Dangote, has charged African leaders and citizens to be united in the promotion of the continent’s intrinsic greatness through improved trade relations amongst African countries.  Speaking at the formal launch of the Pa...
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Russia To Export Premium Cars To Middle East, Africa In 2022

Russia To Export Premium Cars To Middle East, Africa In 2022

Russia will begin exporting its premium car Aurus to the countries of the Middle East and North Africa next year, Adil Shirinov, the company’s Chief Executive Officer, has said.   “I think that it [export] will definitely start next ...
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Adesina: Why Nigerian Seaports Lag Behind In Africa

Adesina: Why Nigerian Seaports Lag Behind In Africa

By Mosess Ebosele,  ebosele@hotmail.com  — Today, the leading ports for West Africa are in Cote d’Ivoire, Ghana, Togo and Benin Republic, President of Africa Development Bank (AfDB), Akinwumi Adesina has said. According to Adesina, ...
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Nigeria Quits MOWCA Over Electoral Irregularities

Nigeria Quits MOWCA Over Electoral Irregularities

Nigeria has left the Maritime Organisation for West and Central Africa (MOWCA). A statement issued on Monday by the Director, Press and Public Relations, Ministry of Transportation, Eric Ojiekwe explained that this followed disregard for the rules of proc...
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MasterCard Index Predicts 81% SMEs Growth In Africa, Middle East

MasterCard Index Predicts 81% SMEs Growth In Africa, Middle East

MasterCard on Sunday announced that its latest research shows that Small and Medium Enterprise (SME) confidence in Middle East, North Africa (MENA) is on the rise.  It said the rise was after facing unprecedented changes in the wake of the...
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