ITFC, Afreximbank join efforts to support African Trade with $100m, €50m Murabaha partnership agreements
Businessam Staff
December 24, 2017
The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, and the African Export-Import Bank (Afreximbank) (www.Afreximbank.com), a multilateral financial institution established by African governments and institutional investors, have signed a US$100-Million agreement and a EUR 50-Million Murabaha agreement with the aim of facilitating and financing exports amongst African countries […]
First Bank hosts its annual food fair, Fiesta of Flavours
Businessam StaffDecember 15, 2017
FirstBank of Nigeria in partnership with Eventful, an event planning company has announced its annual food fair, Fiesta of Flavours in a statement released by the premier bank on Friday. The event was launched in 2015 and would take place from 16th to 17th November, 2017 in Lagos as a 2-day event which would feature […]
Opening address to the 173rd meeting of the OPEC conference
Businessam StaffNovember 30, 2017
Your Excellencies, distinguished delegates, ladies and gentlemen. Good morning and let me once again welcome you for the 173rd Meeting of the OPEC Conference. It was a pleasure to see so many of you last night at the gala dinner to celebrate the anniversary of the ‘Declaration of Cooperation’. It was also my privilege to […]
First Bank of Nigeria introduces Firstbank USSD*894#
Businessam StaffNovember 27, 2017
First Bank of Nigeria Limited has remained committed to empowering the Nigerian populace with the *894# Quick Banking service as part of its financial inclusion drive. The service is set to deliver the power to bank anywhere and at anytime. It is quick, convenient and easy to use and beneficiary accounts are credited instantly with […]
SIMOG scores BUA high on sugar industry BIP implementation
Businessam StaffNovember 22, 2017
Lafiagi Sugar Company (LASUCO), the 20, 000 hectares sugar estate owned by BUA Group has been rated highly in the recently concluded “Sugar Industry Backward Integration Monitoring round” by the Sugar Industry Monitoring Group – a peer review mechanism setup by the Federal Ministry of Industry, Trade and Investment (FMITI) to monitor progress and implementation […]
Skye Bank offers free breast cancer screening for over 330 women
Businessam StaffNovember 1, 2017
To mark this year’s breast Cancer month, Skye Bank Plc is offering free, all-expense paid breast cancer screening for over 330 women under the aegis of its women focused initiative, Skye Pearl. In a statement to mark this year’s World Breast Cancer Month, the bank’s Group Managing Director/CEO, Mr. Tokunbo Abiru, described cancer as one […]
30 schools to benefit from Skye Bank’s Financial Literacy Campaign
Businessam StaffNovember 1, 2017
Tokunbo Abiru, Skye Bank CEO, has unveiled the Bank’s plans to take financial literacy campaign to 30 schools in the country to mark this year’s World Savings Day. Abiru made this known while addressing pupils of Seed of Life Schools, Lebanon Ibadan, adopted by Skye Bank on Tuesday stated that: “as part of planned activities […]