New Telegraph

Morocco, Nigeria unveil joint business council

Morocco, Nigeria unveil joint business council

Morocco’s intensified efforts towards African solidarity and southsouth cooperation continue to show results, with the creation of the Nigeria-Morocco Business Council being the latest of encouraging developments. In a press release shared this week with…

‘Bank loyalty takes three decades to break in South Africa’

South Africans stick with their main bank for nearly three decades before switching, roughly double the time it takes Americans to move and 70 per cent longer than UK citizens, according to a report by…

Adesina, others seek more debt suspension plan

Adesina, others seek more debt suspension plan

African Development Bank Group (AfDB) President, Akinwumi Adesina, several heads of state and government, the United Nations, as well as heads of multilateral development finance institutions, have called for expansion of the Debt Service Suspension…

Ecobank wins Starsight Sustainability Award 2020

Ecobank wins Starsight Sustainability Award 2020

Leading West African Commercial and industrial solar power and cooling provider, Starsight, has said that Ecobank is well placed to be the market leader in the establishment of “Green Branches” across the country. In a…

Lender launches SMS banking solution for transactions

Lender launches SMS banking solution for transactions

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has launched its 3S (SMS/Self Service) Banking Solution with funds transfer and bill payment capabilities. In a statement, the lender said that the unique…

BUA Cement reports N209bn revenue in FY’20

BUA Cement reports N209bn revenue in FY’20

BUA Cement Plc has recorded a 19.32 per cent increase in revenues to N209.443 billion for the 2020 financial year as against N175.518 billion posted in 2019. The company, in report to the Nigerian Stock…

Union Bank honours outgoing CEO, Emuwa

Union Bank honours outgoing CEO, Emuwa

Union Bank of Nigeria Plc took to Nigerian Exchange Group (NGX Group) Plc’s platform to honour its outgoing Chief Executive Officer (CEO), Mr. Emeka Emuwa, and introduced the incoming CEO, Mr. Emeka Okonkwo, to the…

GCR issues AAA+(NG), A1+(NG) to Dangote Cement

GCR issues AAA+(NG), A1+(NG) to Dangote Cement

Dangote Cement Plc, Africa’s largest cement producer, has announced the publication of the upgraded credit ratings from Global Credit Ratings. Global Credit Ratings has upgraded the long term issuer rating of Dangote Cement to AAA…

NSE upturns previous day’s gain, loses N119bn

NSE upturns previous day’s gain, loses N119bn

Equities trading activities on the floor of the Nigerian Stock Exchange yesterday closed negative to upturn previous day’s gain as bears regained grip following sell-off witnessed on blue chip firms. The bourse recorded 22 gainers…

SystemSpecs invites entries for Children’s Day essay contest

SystemSpecs invites entries for Children’s Day essay contest

Leading African financial and human resource technology firm, SystemSpecs, has announced the call for participation in the 2021 edition of its Children’s Day Essay Competition in furtherance of its commitment to the development of indigenous…