1. Fidelity Private Banking, a division of Fidelity Bank Plc,
has been recognised as the “Best Private Bank in Nigeria 2014” in the global private banking awards organised by Professional Wealth Management (PWM) and The Banker magazines; publications of the Financial Times Group.
2. The number of billionaires in the world has risen to 1,645 in 2014, from 793 in 2009, according to a report, which cited American business magazine, Forbes.
3. Enterprise Bank says it has introduced a new scheme to cater for young graduates who are brimming with ideas but do not have the financial capacity to bring their ideas to fruition. The Enterprise Graduate Empowerment Scheme, the bank said, was inspired by a personal experience the Managing Director/Chief Executive Officer of the bank, Mr. Ahmed Kuru, had in an encounter with a bright but unemployed young graduate.
4.The last batch of training sessions for prospective Glo Xchange agents held over the weekend was attended by enthusiastic prospective agents in town hall meetings in Sokoto, Katsina, Ekiti and Ebonyi states. Major telecoms service provider
, Globacom, rounded off it’s town hall trainings and recruitment of over 2000 small scale traders and operators of Small and Medium Scale Enterprises (SMEs) as last mile agents of the mobile money services .
5.
The Chinese Ambassador to Nigeria, Mr. Gu Xiaojie, has expressed support for the plan by the Central Bank of Nigeria (CBN) to convert more of the country’s 39 billion dollar foreign reserve to Yuan. Speaking at a Forum on Wednesday in Abuja, Xiaojie described the plan as “ a very encouraging development’’. He said it demonstrated the “closeness’’ between both countries, which currently have an annual bilateral trade volume of 13 billion dollars.
6.
Oando Plc has declared a dividend of N2.4 billion for its shareholders for the financial year ended December 31, 2014. The Chairman of the Board of Directors of Oando, Oba Michael Gbadebo said “ The dividend represents a 30 kobo per share for the 2013 financial year and and also an interim of 70 kobo per share for the six months ended June 30, 2014, which amounted to N2.4 billion at N1 per share.
7.
The Group Managing Director and Chief Executive Officer of Twinpine Network Terragon Elo Umeh, will be among the speakers at the GSMA Mobile 360 Africa event set to hold next month in Cape Town, South Africa.
8.
The Small and Medium Enterprises Agency of Nigeria (SMEDAN) in partnership with Nigeria Society of Engineers (NSE)
is embarking on providing data on existing Micro Small and Medium Enterprises (MSMEs) in the country. The Director-General SMEDAN, Bature Masari who spoke during the signing of the Memorandum of Understanding (MoU) between SMEDAN and NSE in Abuja, said the two organisations will work towards providing data on potential entrepreneurs.
9. Africa’s largest economy, Nigeria,
made further improvement in the World Bank ease of doing business global ranking which has seen the country move up five places in the last one year.
10. As the human toll of the Ebola epidemic continues to climb up in critically affected West African nations,
IBM has launched several initiatives to help curb the spread of the viral disease in the sub-region.
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This article was first published on 30th October 2014
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1. Fidelity Private Banking, a division of Fidelity Bank Plc, has been recognised as the “Best Private Bank in Nigeria 2014” in the global private banking awards organised by Professional Wealth Management (PWM) and The Banker magazines; publications of the Financial Times Group.
2. The number of billionaires in the world has risen to 1,645 in 2014, from 793 in 2009, according to a report, which cited American business magazine, Forbes.
3. Enterprise Bank says it has introduced a new scheme to cater for young graduates who are brimming with ideas but do not have the financial capacity to bring their ideas to fruition. The Enterprise Graduate Empowerment Scheme, the bank said, was inspired by a personal experience the Managing Director/Chief Executive Officer of the bank, Mr. Ahmed Kuru, had in an encounter with a bright but unemployed young graduate.
4.The last batch of training sessions for prospective Glo Xchange agents held over the weekend was attended by enthusiastic prospective agents in town hall meetings in Sokoto, Katsina, Ekiti and Ebonyi states. Major telecoms service provider, Globacom, rounded off it’s town hall trainings and recruitment of over 2000 small scale traders and operators of Small and Medium Scale Enterprises (SMEs) as last mile agents of the mobile money services .
5.The Chinese Ambassador to Nigeria, Mr. Gu Xiaojie, has expressed support for the plan by the Central Bank of Nigeria (CBN) to convert more of the country’s 39 billion dollar foreign reserve to Yuan. Speaking at a Forum on Wednesday in Abuja, Xiaojie described the plan as “ a very encouraging development’’. He said it demonstrated the “closeness’’ between both countries, which currently have an annual bilateral trade volume of 13 billion dollars.
6.Oando Plc has declared a dividend of N2.4 billion for its shareholders for the financial year ended December 31, 2014. The Chairman of the Board of Directors of Oando, Oba Michael Gbadebo said “ The dividend represents a 30 kobo per share for the 2013 financial year and and also an interim of 70 kobo per share for the six months ended June 30, 2014, which amounted to N2.4 billion at N1 per share.
7. The Group Managing Director and Chief Executive Officer of Twinpine Network Terragon Elo Umeh, will be among the speakers at the GSMA Mobile 360 Africa event set to hold next month in Cape Town, South Africa.
8. The Small and Medium Enterprises Agency of Nigeria (SMEDAN) in partnership with Nigeria Society of Engineers (NSE) is embarking on providing data on existing Micro Small and Medium Enterprises (MSMEs) in the country. The Director-General SMEDAN, Bature Masari who spoke during the signing of the Memorandum of Understanding (MoU) between SMEDAN and NSE in Abuja, said the two organisations will work towards providing data on potential entrepreneurs.
9. Africa’s largest economy, Nigeria, made further improvement in the World Bank ease of doing business global ranking which has seen the country move up five places in the last one year.
10. As the human toll of the Ebola epidemic continues to climb up in critically affected West African nations, IBM has launched several initiatives to help curb the spread of the viral disease in the sub-region.
