Despite Trump’s Trade War, Huawei’s Revenue Soars

Huawei has announced a 23.2 percent growth in revenue in the first half-year, despite the hostile moves by President Donald Trump. The company declared first-half revenue of 401.3 billion yuan ($58.3 billion, with the devices unit for the first time accounting for more than half of all sales. The result was better than last year’s […]

U.S., China Trade Talks To Resume Next Week

Top Trump administration officials will travel to China next week for the first high-level, in-person trade negotiating session since talks collapsed in May. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Shanghai on July 30 to meet with Chinese Vice Premier Liu He. White House press secretary Stephanie Grisham said […]

Zenith Bank Launch ‘Style By Zenith 2.0’

Zenith Bank Plc has launched “Style by Zenith 2.0’’, the second edition of its flagship lifestyle fair dedicated to intentionally celebrate the “small’’ things that make “big’’ differences in people’s lives. Africa News24 understand “Style by Zenith’’ was first launched in 2018 with the objective of supporting and creating value for customers by focusing on […]

CBN Proposes N100 Billion Maximum Capital Base For Banks

The Central Bank of Nigeria (CBN) has proposed an increase in the minimum capital base for commercial banks in Nigeria to one hundred billion naira. The Governor of the CBN, Mr Godwin Emefiele, has revealed that the current capital base of the banks are no longer realistic, principally because of the massive devaluation of the […]

VIDEO: How I Tend To Create A Million Jobs With 10,000 Entrepreneurs – Elumelu

Tony Elumelu, Founder, The Tony Elumelu Foundation and wife, Awele Vivian Elumelu, explain how they’re aiming to create millions of jobs in a decade by focusing on funding for startups and entrepreneurs. Africa News24 (AN24) understands that The Tony Elumelu Foundation is an African non-profitable organization established in the year 2010 based on the belief […]

Lafarge Plc To Submit 2018 Financial Statements June 28

Cement maker, Lafarge Africa Plc, has expressed its intention to submit its long-awaited audited financial statements for the year ended December 31, 2018, on or before Friday, June 28, 2019. The company made this disclosure in a statement issued to the Nigerian Stock Exchange (NSE) to update the investing public on the state of things. […]

Why AfDB Barred Nigerian Construction Firm For Thirty-six Months

The African Development Bank (AfDB) says it has barred a Nigerian construction company, Qualitrends Global Solutions Nigeria Limited, for 3 years. The bank made this known in a statement by its Communication and External Relations Department on Monday, explaining that an investigation conducted by the bank’s Office of Integrity and Anti-Corruption established that the construction […]

First Bank Demystifying Financial Inclusion With XploreFirst

Worried by the increasing rate of the unbanked population, the Federal Government, through the Central Bank of Nigeria (CBN), kicked off a campaign in 2012 to achieve 80 per cent financial inclusion of adult population by 2020. The CBN carried out the campaign through agency banking, mobile banking/mobile payments, linkage models and client empowerment, to […]

FCMB Empowers More SME Customers In Season 2 Of ‘Race To China Promo’

First City Monument Bank (FCMB) has rewarded another set of its Small and Medium Scale Enterprises (SMEs) customers, courtesy of Season 2 of the Bank’s reward scheme tagged “FCMB SME Race to China Promo”. The winners emerged through rounds of electronic selection from the pool of qualified SME customers in the first draws of the […]

Williams Uchemba Bags Sapphire Group Ambassador

Popular actor, Williams Uchemba has bagged an endorsement deal with Sapphire Group of company Williams took to his Instagram page to make the announcement. View this post on Instagram This boy just became the Brand Ambassador for Sapphire Group @sapphiregroup Sapphire Group is one the fastest growing businesses in Africa, they are the market leaders […]

Union Bank Partners With MamaMoni Unveils Low Income For Women Empowerment

Union Bank of Nigeria Plc, in partnership with MamaMoni empowerment foundation, on Wednesday unveiled its innovation hub for low income women and girls to boost women empowerment, talent development and financial inclusion. Ogochukwu Ekezie-Ekaidem, Head of Corporate Communications and Marketing, Union Bank, announced this in a statement issued in Lagos. The initiative, she said, was part […]