PRESS RELEASE Archives - Page 46 of 51

Tony Elumelu Foundation Announces 3rd Round of TEF Entrepreneurship Programme, See Application Details

December 5, 2016December 3, 2016Ayo Olowo

On January 1, 2017, The Tony Elumelu Foundation (TEF) will begin accepting applications for the third round of the TEF Entrepreneurship Programme. The Programme is the Foundation’s 10-year, US$100 million commitment to training, mentoring and funding 10,000 African entrepreneurs. The application portal will be open until midnight (WAT), March 1, 2017. Entrepreneurs must complete the online application and selection is on a rolling basis, so early […]

Elumelu Shares Africapitalism Philosophy in Tunisia, North Africa

December 3, 2016Ayo Olowo

…CALLS ON AFRICAN LEADERS TO CREATE YOUTH BUSINESS CHAMPIONS, NOT MARTYRS This week, fifteen delegations representing the United Nations and several countries, including Germany, Canada, France, Qatar and Algeria took part in the Tunisian government’s International Investment Conference dubbed “Tunisia 2020.” In the last 5 years the Tunisian economy has struggled following a democratic uprising […]

Okonjo-Iweala receives Global Fairness Award in US

December 2, 2016Ayo Olowo

Nigeria’s former minister of finance, Dr. Ngozi Okonjo-Iweala was on Thursday honored with the Global Fairness Award in Washington DC, United States. The award was presented to her by the Global Fairness Initiative in recognition of her contribution to sustainable development through serving others and her consistent focus on implementing development programs that benefit the […]

AfDB and United Bank for Africa Plc sign $150 million Line of Credit

December 2, 2016Ayo Olowo

The African Development Bank Group (AfDB) and United Bank for Africa Plc (UBA) on Wednesday November 30, 2016, signed a US$ 150 million loan agreement to finance infrastructure and SME projects, including women-owned enterprises in Nigeria. “The Fund will support development of productive sectors of the economy; particularly the power sector, Infrastructure, Women owned enterprises […]

PDP suspends Kashamu, six others for diversion of funds

November 25, 2016Ayo Olowo

The Ogun State Peoples Democratic Party has announced the suspension of seven of its key members. Affected members are Buruji Kashamu, Bayo Dayo, Pegba Otemolu, Semiu Shodipo, Fatai Adeyanju, Segun Seriki, Daisi Akitan, and Bowale Solaja. Mr. Kashamu is a serving Senator. He has been fighting extradition to the United States where he is accused […]

UBA CFO, Finance Team Shine at CFO Awards

November 23, 2016Ayo Olowo

Pan-African financial services group, United Bank for Africa Plc repeated the outstanding feat, it recorded last year at the 2nd edition of Nigeria CFO awards, with a notch higher when its Group Chief Finance Officer (Group CFO) and the Finance Team bagged the treble at the awards night held on November 19, 2016 at Oriental […]

UBA Mentors Students in Oyo To Commemorate World Savings Day

November 3, 2016Ayo Olowo

United Bank for Africa (UBA) Plc is promoting financial literacy among young school children in Nigeria. To this end the bank’s Executive Director, Lagos and West, Mr. Ayoku Liadi was at the Olivet Baptist High School in Oyo to mentor and teach the students on the benefits of inculcating financial discipline. “The Future belongs to […]

Minister of Labour and Employment assures of enhanced protection at workplaces

November 2, 2016Ayo Olowo

The Honourable Minister of Labour and Employment Senator, Chris Nwabueze Ngige, has assured Nigerians of the commitment of the present administration of President Muhammadu Buhari to continue the protection of the Nigerian workforce, work efficiency and by extension productivity at work places. The Minister who was represented by the Permanent Secretary, Federal Ministry of […]

240 Boko Haram Terrorists Surrender to MNJTF

November 1, 2016Ayo Olowo

The firepower of the Multinational Joint Task Force (MNJTF) ground troops and joint Air operation during the Operation GAMA AIKI forced a massive defection of remnants of the Boko Haram Terrorists (BHT). Sustained offensive operations and blockage of logistics supply routes made the terrorists’ locations untenable; as a result, BHT and their families abandoned their […]

Here is how small and medium businesses can save money for a bad day

November 1, 2016Ayo Olowo

By Anton van Heerden Every Small & Medium Business should be aiming to have some savings in the bank as a buffer for difficult months when sales are slow or debtors miss payments. If your business has some cash in reserve, you’ll be able to fund your growth in the future, avoid taking loans at […]