restates

African Alliance Restates Support for Recapitalisation

December 24, 2019 5:34 am

Shareholders of the African Alliance Plc have pledged their support to the board and management of the company in the ongoing quest to reposition the firm and scale the recapitalisation hurdle specified by the National Insurance Commission (NAICOM).

The shareholders gave the support at the 50th annual general meeting (AGM) of the company held recently in Uyo, Akwa Ibom State.

Speaking to the shareholders the Chairman of the company, Dr Anthony Okocha, thanked the shareholders for their continuous faith in the business over the years.

According to him, despite the odds, the firm was rapidly on the path to …

Obasanjo Restates Importance Of Credit–Based Economy

December 2, 2019 3:51 am

Former President of Nigeria, President Olusegun Obasanjo has listed integrity and trust as important elements in managing credit-based economies.

Obasanjo, who stated this at the Annual Induction/Nigeria Credit Industry Award 2019 of the Instititute of Credit Administration (ICA) said that today, there is strong credit availability in finance world for development-oriented programmes including those in agribusiness, education and the provision of infrastructure.

“ To be successful player in this space, we must demonstrate trust and ability to manage creditlines judiciously, corruption free so that future generations of Nigerians who …

UBA Restates Commitment To AfCFTA

November 4, 2019 3:42 am

The United Bank of Africa (UBA) has affirmed its commitments to the African Continental Free Trade Agreement (AfCFTA), just as it pledged to deepen its support for micro, small and medium scale enterprises (MSMEs) in the continent.

The Chief Executive Officer(CEO), UBA Africa, Mr. Victor Osadolor, stated this at the opening ceremony of the 33^rd Lagos International Trade Fair, with the theme: ‘Connecting Business, Connecting Values,’ at held in Lagos at the weekend.

He stressed that the would remain a role model for African businesses by creating superior value for all its stakeholders, adding that, “we have over the …

USAID Restates Their Commitment On Potable Water Supply

October 13, 2019 2:31 pm

The United State Agency For International Development (USAID) has restated commitment towards sustaining its support on potable water supply to Sokoto.

This is contained in a statement issued on Sunday in Sokoto by Mr Sama’ila Umar, Acting General Manager, Sokoto State Water Board.

The statement said that Mr Craig Wolf, General Councillor, USAID General Council office, Washington DC made the commitment when he visited the water board headquarters in Sokoto.

The statement quoted Wolf as saying that USAID was committed to ensuring adequate supply of safe drinking water to the people.

According to the statement, USAID will continue to fulfill …