Uncategorized

Elumelu Calls on African Governments, Donors to Treat Farmers as Entrepreneurs

26/4/2016/Heirs Holdings …And for the U.S. Government to fight famine with flexibility Tony Elumelu, Chairman of Heirs Holdings, the United Bank for Africa and Founder of The Tony Elumelu Foundation has called on African governments and donors to treat the agricultural sector in Africa as a commercially viable sector with […]

SEC Initiative on Commodity Trading provides Enabling Environment to boost agriculture

20/4/2016/SEC In a bid to boost agriculture and promote commodity exchange in Nigeria, the Securities and Exchange Commission (SEC) is set to roll out various initiatives to provide an enabling environment for commodities trading in the country.   Already, the Commission is reviewing the Warehouse Receipt Bill currently before the National Assembly […]

Wema Bank Eyes Acquisition, to Raise N50 Billion via Domestic Bonds

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc is seeking to buy a mid-sized commercial Bank and will seek shareholders approval in May 2016 to enter talks for the deal, a Reuters report quoted Tunde Mabawonku, its chief financial officer (CFO) on Monday. “Wema Bank is keeping a close […]