Updates

China’s Changing Trade and the Implications for the CLMV Economies

Sept 6, 2016/IMF Executive Summary The most remarkable development in global trade during the past two decades has been the emergence of China as an export powerhouse. Rising from a negligible level, Chinese exports now account for 12 percent of the global total. This export performance has driven sustained, rapid […]

Dangote Group refutes report on Importation of GMO rice

Sept 6, 2016/Dangote Group CHEAP BLACKMAIL!!! The malicious broadcast alleging a partnership between Dangote and FG for importing and flooding the market with poisonous GMO rice is ABSOLUTELY FALSE! Dangote IS NOT involved in the production or sales of GMOs and its research in Nigeria or anywhere. What people should know however […]

UBA confirms 25% subsidiaries’ contribution to profit

6/9/2016/Punch Stanley Opara The Group Managing Director/ CEO, United Bank for Africa, Mr. Kennedy Uzoka, has said the banks African subsidiaries contributed 25 per cent of the group’s profit and account for over a quarter of its  overall total deposit base, which is largely made up of low-cost savings and […]