Most Recent World News

South Africa’s second-largest bank, FirstRand is keen on establishing a retail banking business in Nigeria

South Africa’s second-largest bank, FirstRand is keen on establishing a retail banking business in Nigeria and has earmarked Keystone and Mainstreet Banks for potential buy-outs, according to report. Following an.

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Etisalat Nigeria CEO Resigns After 5 Years

ETISALAT Nigeria Chief Executive Officer, Steven Evans, resigned last month and returned to the U.K. after leading the telecoms company for five years, the company said. Evans was appointed CEO.

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Nedbank Opens Africa’s First ‘Green’ Bank

In line with its commitment to environmental sustainability in South Africa, Nedbank has launched Africa’s first 100 percent “green” bank. The green bank, which uses an innovative hybrid power installation.

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World Bank ranks Nigeria 122nd best place to start business

The World Bank has ranked Nigeria 147th among the best places for doing business. It also ranked the country as the 122nd for best countries to start a business. The.

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Exports Provide Support for Recovering Economies Worldwide

Nations worldwide remain focused on stabilizing their domestic economies, and exports are rapidly being recognized as a means of boosting profitability. The Export-Import Bank of the United States recently revealed.

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Nigerian Stock Exchange Records $213.5m Increase In Market Cap

The Nigerian Stock Exchange (NSE) has recorded a N34 billion ($213.5 million) rise in its market capitalization, following positive returns on several blue chip stocks. Tuesday’s trading at the bourse.

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World Bank plans universal access to banking facilities by 2020

*As Nigeria secures $1.4bn support At a major forum convened by the World Bank Group at the just concluded IMF/World Bank Group Annual Meetings in Washington DC, bankers, financial leaders.

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Africa’s Newest Billionaire: Ugandan-Born Sudhir Ruparelia, Builds $1.1 Billion Fortune From The Ground Up

Ugandan-born Sudhir Ruparelia worked menial jobs in the United Kingdom, saved up, returned to the country of his birth and built the largest property portfolio in the land  The next.

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Dangote To co-Chair 2014 World Economic Forum in Davos-Kloster, Switzerland

President of Dangote Group, Aliko Dangote, has been appointed to co-chair the next year’s annual meeting of World Economic Forum in Davos-Kloster, Switzerland. According to Nigerian Tribune, the Executive Chairman.

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Shell Nigeria To Sell 4 Oil Blocks For Over $2 Billion

Nigerian unit of Royal Dutch company, Shell has placed on sale four onshore oil blocks in the market for an estimated $2 billion, as its production becomes plagued by incessant.

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