UBA America Celebrates 40 Years of Fostering Africa-US Ties
United Bank for Africa Plc (UBA) is commemorating the 40th anniversary of its American branch, which has played a significant role in strengthening economic and cultural ties between Africa and the United States. Established in New York in 1982 as a representative office, UBA America was granted a federal banking license in 1984, enabling it to operate as a full-fledged...
Precise Platforms Launches New Podcast to Discuss Nigeria’s Economic Issues
Precise Platforms, a reputation management and design firm, has launched a new podcast, "PrecisePoint Podcast." The podcast aims to provide in-depth discussions on Nigeria's economic issues and government policies. Designed for business leaders, policymakers, and the general public, the "PrecisePoint Podcast" will offer analyses on fiscal policies, inflation, trade regulations, and energy reforms. The podcast's inaugural episode, scheduled for Thursday,...
MTV Base to Host Music Day at Africa Creative Market
Popular entertainment brand, MTV Base, has announced its participation in the Africa Creative Market (ACM) with a dedicated "Music Day." Scheduled for Friday in Lagos, the event will feature panel discussions and activities aimed at elevating African music on the global stage. As a sponsor of the ACM, MTV Base will bring its Music Day to the gathering, providing a...
African Development Bank Commends Tinubu’s Economic Reforms, Offers Support for Food Security
The African Development Bank (AfDB) has lauded the economic reforms initiated by President Bola Tinubu, emphasizing their significance in addressing Nigeria's pressing economic challenges. The bank also expressed its commitment to supporting the country in various areas, including infrastructure development, agricultural productivity, and disaster relief. In a meeting with a high-level AfDB delegation led by the Director General for...
Maritime Transport Dominates Nigerian Exports in Q2 2024
The Nigerian Bureau of Statistics (NBS) has released its Foreign Trade in Goods Statistics report for the second quarter of 2024 (Q2’24), revealing that maritime transport accounted for 99.1 percent of all exported goods during the period. The total value of goods shipped through maritime transport in Q2’24 amounted to N19.25 trillion. While air and road transport accounted for a...
CBN Identifies Insecurity, High Interest Rates, and Taxes as Major Constraints on Businesses
The Central Bank of Nigeria (CBN) has revealed that insecurity, high interest rates, and high/multiple taxes were the primary constraints faced by businesses in August 2024. These factors were identified in the CBN's Business Expectation Survey (BES) report for the month. Despite these challenges, the report also indicated a positive outlook for business activities and employment in the coming months....
CWAY Foods and Beverages Launches Three New Drinks
CWAY Foods and Beverages, a leading beverage company in Nigeria, has introduced three new innovative drinks to its product line: Café Coffee Milk, Fuji Probiotic, and Assam Milk Tea. These new beverages aim to cater to the evolving preferences of Nigerian consumers who are seeking healthier and more sophisticated options. The launch ceremony, held in Lagos, showcased CWAY's commitment to...
CIPM Emphasizes the Importance of People Analytics in HR Practice
The Chartered Institute of Personnel Management of Nigeria (CIPM) has underscored the transformative power of analytics in human resources practice. At the institute's 57th induction ceremony, themed "Strategic Decision-Making through People Analytics," speakers emphasized the pivotal role of data-driven insights in shaping effective HR strategies. In today's rapidly evolving business landscape, HR professionals are tasked with navigating complex challenges and...
Attracting the Right Talent Key to Quality Output-Sunbeth MD
The Managing Director of Sunbeth, Olasunkanmi Owoyemi, has emphasized the critical importance of attracting and selecting the right talent to maintain quality output and accelerate service delivery. Speaking at the recent induction ceremony for new members of the Nigerian British Chamber of Commerce (NBCC) in Lagos, Owoyemi highlighted the significance of prioritizing key skill sets in enhancing operational efficiency. Represented...
Netzence Sustainability Limited: A Game-Changer in the Carbon Compliance Market
Netzence Sustainability Limited (Netzence), a leading provider of sustainable solutions, has reaffirmed its commitment to driving positive change in the global climate crisis. The company's flagship technology, CloseCarbon, offers a comprehensive and innovative approach to carbon emissions management, empowering organizations to accurately monitor, report, and verify their carbon footprint. In a world increasingly concerned about the devastating effects of climate...
