Thursday , November 23 2017

Capital Market

Money Market

South Africa Joins Afreximbank as a Shareholder

In a demonstration of its commitment to promoting intra-African trade and economic integration, South Africa has taken up shareholding in the African Export-Import Bank (Afreximbank), the African continental multilateral trade finance institution. With the shareholding, South Africa becomes the 47th African country to join Afreximbank as a participating state and/or ...

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Brand News

Bola Attah, UBA group head of marketing wins top award

United Bank for Africa Plc (UBA) Group Head, Marketing and Corporate Communications, Mrs Bola Atta was recemtly honoured as a top marketing professional in West Africa at the 7th Marketing World Awards (MWA) & Marketing 360 Summit.   The prestigious award was presented at the event held in Accra, Ghana. ...

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Jumia Ghana celebrates customer service week

Jumia is celebrating customers and employees       In a bid to appreciate its customers and employees whose efforts could not be left unnoticed, Jumia Ghana has awarded its three most outstanding Customer Service Representatives and is offering customers up to 70% discounts in their SUPERHERO DEALS campaign this ...

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Business Wheels

Report predicts drastic drop in Vehicle sales

Global vehicle sales will decline over the next two decades as consumers embrace on-demand ride services such as Uber, according to a study by IHS Markit. Annual private vehicle sales in the U.S., Europe, China and India will decline over the next 23 years to 54 million in 2040, the study ...

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Moody’s downgrades Dangote Cement rating to B1

Moody’s Investors Service, has downgraded Dangote Cement Plc’s (DCP) corporate family rating (CFR) to B1 from Ba3. At the same time Dangote Cement ‘s probability of default rating was downgraded to B1-PD from Ba3-PD. The company’s national scale rating (NSR) remains unaffected at The outlook on the ratings is ...

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APC Begins NEC Meeting

The All Progressives Congress (APC) on Tuesday began the National Executive Committee meeting. The meeting which is currently ongoing at the party secretariat follows the meeting of the national caucus of party which held on Monday night at the Banquet Hall of the Presidential Villa. Present at the meeting is ...

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PDP holds ward congress in Osun

The Peoples Democratic Party (PDP) in Osun on Sunday conducted its ward congress across the state.The congress was held in the 332 wards of the state. A NAN correspondent who monitored the exercise in some wards in Osogbo, Olorunda and Ifelodun Local Government Areas reports that it was peaceful. Speaking ...

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News from Nigeria

Africa News

Ghana, Kenya to boost Africa’s trade ties

Leading members of the private sector in Ghana and Kenya have acknowledged that both countries, considered to be regional economic gateways, have the capacity, economic and investment credentials to transform and expand trade between their respective regional markets. “Intra-Africa investments and trade are prerequisites for regional and national economic development ...

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Crime Reports