August 31, 2017/Union Bank of Nigeria Plc Union Bank in partnership with Co-creation Hub (CcHub) has announced the launch of a first-of-its kind business acceleration program ‘Start up Connect’. Start up Connect is an opportunity for Nigerian companies, creating technology solutions for the next generation African market, to partner with […]
Business News
Allianz buys Nigerian insurer for $35 mln in African push
30/8/2017/Reuters Chijioke Ohuocha Germany’s Allianz plans to pay $35 million for 98 percent stake in Nigerian insurer Ensure Insurance in a push for growth in Africa, where many people are uninsured. Foreign insurers are banking on growing premiums as the continent develops its infrastructure and a consumer class demands protection […]
UBA makes prudential provision on 9mobile loans
August 30, 2017/Punch The United Bank for Africa Plc says it has made a prudential provision on loans made to 9mobile, the mobile operator formerly known as Etisalat Nigeria. The lender did not give details of the provision but said it had a N38bn ($125m) exposure to 9mobile. UBA said […]
