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Bloomberg rates Aliko Dangote richest man in Africa with $15.6bn
Bloomberg rates Aliko Dangote richest man in Africa with $15.6bn … Emerges the only Nigerian among six Africans in the top 500 Index President of Dangote Group, Aliko Dangote remains the richest man in Africa, despite the volatility of Nigerian currency against the dollar. Bloomberg in its daily top billionaire lists, released on Tuesday, revealed that Dangote with a wealth of $15.6 billion topped other Africans in the Index. Dangote, who remains the richest man in Africa for the 12th year running, was the only Nigerian on the list o…
Sterling Bank, SMEDAN To Create Nigeria's Largest SME Database
Sterling Bank, SMEDAN To Create Nigeria's Largest SME Database Lagos, Nigeria, 28 June 2023: One of Africa's fastest-growing companies, Sterling Bank, has recently signed an agreement with the Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) to establish a comprehensive database of Small and Medium Scale Enterprises (SMEs) in Nigeria. This will help in scaling intervention programs and providing tailored solutions that truly contribute to the growth of SMEs. The signing ceremony took place in Lagos, where the Ch…
Sterling Bank’s Qore Sparks Nigerian EV Revolution To Life
Sterling Bank’s Qore Sparks Nigerian EV Revolution To Life Lagos, Nigeria: Nigeria's leading commercial bank and one of Africa's fastest-growing companies, Sterling Bank, has changed the course of Nigeria's energy and transportation sectors with the launch of Qore; its suite of renewable energy-powered transportation solutions. Qore will offer the purchase and financing of electric vehicles (EVs), EV charging stations, conversion of fossil-fuel-powered engines to EV engines, battery swapping services for modular EVs, and more. F…
ZENITH BANK’S CFO, MUKHTAR ADAM, WINS CHIEF FINANCIAL OFFICER OF THE YEAR AT THE ALL AFRICA BUSINESS LEADERS AWARDS
ZENITH BANK’S CFO, MUKHTAR ADAM, WINS CHIEF FINANCIAL OFFICER OF THE YEAR AT THE ALL AFRICA BUSINESS LEADERS AWARDS Caption: L-R: Head of Private Clients, SASFIN Wealth, South Africa, Flynn Robson; Chief Financial Officer, Zenith Bank Plc, Dr. Muk h tar Adam; and Chairman, BSG, South Africa, Mteto Nyati during the presentation of the CFO of the Year Award to Dr. Muk h tar Adam at the 11th All Africa Business Leaders Awards (AABLA) in partnership with CNBC Africa , held at the King’s Ballroom, Sun City, South Africa at the weekend . The C…
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Dangote Sugar turns preferred asset
Dangote Sugar turns preferred asset Dangote Sugar's strong earning is attracting strong bid for its stock, leading to a 36.21 per cent appreciation in the first half of 2023. In 42 months, investors were richer with a 48.85 per cent capital gain between 2020 and June 31, 2023. Kasimu Garba Kurfi , managing director, APT Securities and Funds Limited attributes this to the 2022 full year and Q1- 23 results. In its 2022 financial year, the company announced a 46.02 per cent increase in revenue to N403.24 billion from N276.05 billion. Pro…
Applause As Nestlé Employees Mentor 12,000 Students Accross Nation
Applause As Nestlé Employees Mentor 12,000 Students Accross Nation 280 Nestlé Nigeria volunteers including the Managing Director and CEO, Wassim Elhusseini are mentoring 12,000 students in JSS2, SS1 and SS2 classes in twentythree public secondary schools across Nigeria. The Youth Leadership Mentoring Program aims to instill the right values, skills and attitudes requisite for success and positive personal development from an early age in children. Chizoba Ezirim, National Coordinator and Head of strategy at REVAMP Africa Olurotimi Joseph …
LEADERSHIP AND FIRSTBANK’S SUCCESSFUL TRANSITIONING TO ‘CLICK’ BANKING
LEADERSHIP AND FIRSTBANK’S SUCCESSFUL TRANSITIONING TO ‘CLICK’ BANKING In December 2015, the share price of First Bank of Nigeria Limited was trading around N4.8 band. About seven years later, precisely last December, the value held tightly to N15, growing by over threefold amid general asset and economic doldrums. The steep rise in the valuation of the financial institution deviates remarkably from the average performance of FUGAZ, an acronym describing the top five Nigerian banks by market capitalisation. In the past seven years, the shar…
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