Business

Tony Elumelu to Speak as President Obama Celebrates Emerging Global Entrepreneurs

African business leader and philanthropist Tony O. Elumelu,CON will speak at a White House event hosted by U.S. President Barack Obama this Monday, to celebrate emerging entrepreneurs around the globe. The May 11thevent is a prelude to Obama’s scheduled trip to Kenya this summer for the Global Entrepreneurship Summit. The United Bank for Africa Chairman is no stranger to the promotion of global entrepreneurs— Elumelu’s foundation recently launched […]

Business

TONY ELUMELU’S TRANSCORP TO BEGIN FARMING IN BENUE STATE

Transnational Corporation of Nigeria Plc (Transcorp) announced today that agribusiness subsidiary Teragro Commodities Limited has signed a memorandum of understanding (MOU) with the Benue State government to lease land to establish citrus farms in Ushongo, Benue. The Hon. Commissioner for Agriculture and Natural Resources, Donald Gbugho signed on behalf of the State Government alongside Permanent […]

Business

Tony Elumelu Foundation Selects Inaugural 1,000 African Entrepreneurs to Participate in the $100M Tony Elumelu Entrepreneurship Programme

The Tony Elumelu Foundation (TEF) is pleased to announce the selection of the first 1,000 African entrepreneurs for the Tony Elumelu  Entrepreneurship Programme (TEEP).  TEEP is a $100 million initiative to discover and support 10,000 African entrepreneurs over the next decade, with a target of creating one million new jobs and $10 billion in additional […]

Business

FCMB Advocates Financial Literacy, Savings Culture among Students ….adopts School in Kano

First City Monument Bank (FCMB) Limited has again demonstrated its commitment towards youth empowerment and development by organising a fully interactive session on Financial Literacy for students of Government Girls College, Dala and the unbanked in Kano state. This, according to the Bank, is part of its contributions towards securing the future of youths, through […]

Business

GTBank Declares N116.39Billion Profit

 Foremost African Banking Group, Guaranty Trust Bank plc has released its audited financial results for the year ended December 2014 to the Nigerian and London Stock Exchanges. A review of the 2014 results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and well managed financial institutions […]