Ralph Mupita MTN Group Limited has appointed Ralph Mupita as Chief Executive Officer, to pilot the company’s operations in Africa is in line with the company’s policy of appointing internal candidates. According to a statement by the company, Mupita will take over from Rob Shuter, its Group’s President and Chief Executive Officer, who will be exiting the South African telecommunications ... Read More »
Author Archives: NewsThumb Magz
Fintech Africa Brands Awards debuts
The leading financial technology and brands marketing publication in Africa, Africa Brands Magazine, has concluded plans to hosts the continent biggest Fintech Brands Awards in Lagos Nigeria in August, 28, 2020. The most innovative Fintech Brands Africa Awards is a celebration of Africa’s Fintech Innovators and Leaders in 2020. The award is an initiative founded on the idea that Fintech ... Read More »
COVID -19 : PRUDENTIAL ZENITH LIFE DONATES $100,000 USD TO SLUM2SCHOOL TOWARDS FIGHTING EFFECTS OF COVID-19 IN NIGERIA
Prudential Zenith Life Insurance has donated the sum of One Hundred Thousand United States Dollars (US$100,000) to Slum2School Africa to help combat the impact of the COVID-19 pandemic on education in disadvantaged communities in Nigeria. The donation was made through a Corporate Social Responsibility (CSR) Fund from the Prudence Foundation, the community investment arm of Prudential Plc in Asia and ... Read More »
COVD -19 : Over 900 Nigerians, 20 corporations support Health Workers Fund
More than 900 individual donors, including celebrities, and about twenty corporate organizations, have donated to the N1 Billion Health Workers Fund initiated by Giving.ng, Nigeria’s premier crowdfunding platform. By the end of July, the Fund, which was launched in April 2020 and seeded with N25 Million Naira by leading commercial bank, Sterling Bank Plc, had paid over N25.7 million in ... Read More »
RAPE SAGA : UNILAG alumnus bags 50-years imprisonment for raping student on campus
An Ikeja Sexual Offences and Domestic Violence Court on Monday sentenced John Otema, an alumnus of the University of Lagos, to 50-years imprisonment for raping a 19-year-old student of the institution on campus. The News Agency of Nigeria (NAN) reports that 34-year-old Otema, a quantity surveyor and facilities manager, was charged before Justice Abiola Soladoye with three counts of rape ... Read More »
COVID -19 : Capacity Building SME Operators Commend Polaris Bank and Facebook on Empowerment Initiative
A cross-section of business owners who participated in the just-concluded capacity building programme organised for SMEs, have commended Polaris Bank and social media giant Facebook for giving them the free opportunity to acquire new skills on how to grow their businesses, leveraging technology. The virtual digital marketing seminar, which had over 5000 SMEs as participants in its phase 1 and 2 ran ... Read More »
I collected $2.267m cash from Adoke, ex-Unity Bank MD tells court
..Witness: no record of transaction in bank A FEDERAL High Court in Abuja heard on Thursday how former Minister of Justice and Attorney General of the Federation (AGF), Mohammed Adoke, paid $2,267,200 in cash in his house to a banker. Rislanudeen Mohammed, a former Acting Managing Director of Unity Bank Plc, told the court that Adoke owed his bank N300 ... Read More »
TONY ELUMELU FOUNDATION MARKS INTERNATIONAL YOUTH DAY EMPHASISING THE “YOUTH ENGAGEMENT FOR GLOBAL ACTION” AGENDA
The Tony Elumelu Foundation (TEF) joined the United Nations and other global organisations to mark the International Youth Day on August 12, 2020, with a line-up of pan-African speakers discussing the theme, “Investing in Africa’s Future: Youth Empowerment through Entrepreneurship”. The event emphasised the “Youth Engagement for Global Action” agenda and the role of African entrepreneurs in pushing for ... Read More »
Ecobank Nigeria Launches Business Banking App – Omni Lite App
Ecobank Nigeria has launched an Application for Businesses. Known as Omni Lite App, it is targeted at enhancing the banking experience of its large pool of Commercial Banking customers. The Ecobank Omni Lite App is a highly secure, world-class and integrated electronic banking platform designed to help Clients manage their Business accounts online in a secure, flexible, efficient and convenient ... Read More »
Wema Bank launches collateral-free SMEs’ loans
Wema Bank has launched collateral-free SMEs’ loans to assist businesses negatively affected by the Coronavirus pandemic to grow their operations. In a statement, the bank said the product is in line zthe bank’s continued raesponsibility to support fight against the ongoing global health crisis. The SME loan products support businesses in need of working capital finance can get up to ... Read More »