The traditional concept of poverty is outdated, according to a new report released yesterday by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI). Findings from the 2019 global Multidimensional Poverty Index (MPI) sheds light on disparities in how people experience poverty, revealing vast inequalities among countries and among the poor
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July 12, 2019
Nigeria to be Major Player at Africa Investment Forum 2019
Nigeria will feature significantly in the 2019 Africa Investment Forum scheduled to take place in Johannesburg, South Africa this November, business leaders and government heard at a roadshow event held in the capital Abuja. Following the hugely successful inaugural edition held last year, the African Development Bank’s innovative investment marketplace set up to accelerate investment
July 12, 2019
‘Join Africa50 to lay Foundations for a More Prosperous Africa’, Says AfDB
African governments must explore innovative technologies to drive transformation on the continent, board members at Africa50’s General Shareholders Meeting, held in Kigali heard on Wednesday. Prime Minister of Rwanda, Edouard Ngirente made the call at the opening of the shareholders meeting. “Let’s explore these digital opportunities to move our continent forward,” the prime minister said.
July 9, 2019
Sovereign Trust Insurance Partners Society for Corporate Governance
L-R: Jude Modilim, Executive Director,Technical, Sovereign Trust Insurance Plc, Olaotan Soyinka, MD/CEO, Sovereign Trust Insurance Plc, Hilda Nkor, Chief Executive Officer, Society for Corporate Governance Nigeria, Ugochi Odemelam, Executive Director, Marketing and Business Development, Sovereign Trust Insurance Plc and Kayode Adigun, General Manager, Finance and Corporate Services, Sovereign Trust Insurance Plc during the courtesy visit
- By : Business Journal
- Insurance
July 9, 2019
NSE Admits Airtel Africa to its Main Board
L – R (A) shows Segun Ogunsanya, Managing Director/CEO, Airtel Nigeria Plc; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange, NSE and Awuneba Ajumogobia, Member, Airtel Africa Board during the listing of Airtel Africa Plc on the Daily Official List of The NSE yesterday in Lagos. The Nigerian Stock Exchange (NSE) is
July 8, 2019
Anchor Insurance Gets NAICOM’s Approval for 2018 Account
The Management of Anchor Insurance Company Limited, a company specially known for its clean claims administration record, has announced the approval of the organisation’s audited financial statement for the year ended 31st December, 2018 by the National Insurance Commission (NAICOM) as submitted. The company’s Managing Director/CEO, Mr. Ebose Augustine, quoted NAICOM’s letter which conveyed the
- By : Business Journal
- Insurance
July 8, 2019
Kwik Takes Last-mile Delivery in Nigeria by Storm
Launched on the 26th June 2019 on both Apple Appstore and Google Play by the French start-up Africa Delivery Technologies, the Kwik app aspires to quickly become the Number #1 of last-mile delivery services in Nigeria. “Kwik aims to become the first platform for last-mile delivery in urban areas in Nigeria before extending its scope to neighbouring
- By : Business Journal
- IT & Telecom
July 8, 2019
AMCON, ICPC to Collaborate on Debt Recovery Drive
The Chairman of Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoy in Abuja disclosed plans by the commission to collaborate with Asset Management Corporation of Nigeria (AMCON) towards the recovery of N5 trillion owed AMCON by obligors. He made the declaration when he received the Board and Management of AMCON led
- By : Business Journal
- Business
July 8, 2019
Kenya Airways Selects GE Aviation for Digital Flight Operations
Maximizing Airline Efficiency with the Most Accurate Data and Analytics; Kenya Airways adds to the 15,468 aircraft with GE Aviation’s digital solutions. Kenya Airways has selected GE Aviation for the Flight Operations suite of digital products across the airline’s fleet of Boeing 737, 787 and Embraer E190 airplanes. Kenya Airway’s fleet adds to the 15,468
- By : Business Journal
- Aviation
July 5, 2019
MTN Nigeria Appoints Srinivas Rao as Chief Digital Officer
MTN Nigeria has announced the appointment of its first Chief Digital Officer (CDO), Srinivas Rao to lead the company’s recently created Digital Services Division. The Digital Services division will play a pivotal role in driving MTN’s digital business growth; its creation marks the company’s commitment to its vision of leading the delivery of a bold,
- By : Business Journal
- IT & Telecom
July 3, 2019
MTN Concludes 21 Days of Y’ello Care, Rewards Hackathon Challenge Winner
MTN Nigeria has concluded the 2019 edition of its annual 21 Days of Y’ello Care. The colourful closing ceremony recently took place at the company’s head office in Ikoyi, Lagos. The 2019 edition of the annual event provided an opportunity for MTN employees to participate in community projects that positively influenced the youths and society
- By : Business Journal
- IT & Telecom
July 3, 2019
Ecobank Partners CFA Institute on Training, Research
The Chief Executive and President Chartered Financial Analyst (CFA) Institute, Paul Smith has called for a closer collaboration with Ecobank Nigeria along areas of mutual interest in the nation’s financial industry. Smith who was speaking during a courtesy visit to Management of Ecobank Nigeria in Lagos last Friday, said its call is predicated on the
- By : Business Journal
- Banking
July 3, 2019
NGE Mourns its Deputy President, Saidu Wada
The Nigerian Guild of Editors (NGE) is devastated at the news of the death of its Deputy President, Malam Umar SaiduTudun Wada. The ace broadcaster died on Sunday 30th June, 2019 following a car crash on his way from Abuja to Kano. Mallam Umar Saidu was the immediate past Managing Director of Kano State Radio Corporation
July 3, 2019
NSE Reveals Results of Biannual Review of Market Indices
The Nigerian Stock Exchange (NSE) has announced the results of the biannual review for the NSE and co-branded indices. The composition of these indices after the review became effective on Monday July 1, 2019. Below are the incoming and exiting companies in the various indices. Indices Title Incoming Exiting
July 3, 2019
‘Reappointment of OPEC Scribe, Barkindo, a Factor of Stability for Global Oil Markets’
The African Energy Chamber (EnergyChamber.org) salutes the re-appointment of H.E. Mohammed Barkindo as Secretary General of OPEC as a factor of stability for African and global oil markets. Secretary General Barkindo has managed to keep OPEC united as an organisation under very unstable times and a deep crisis in commodity prices. His leadership and diplomacy has
- By : Business Journal
- Oil and Gas
