Recognising socio-economic productive, valuable and impactful Nigerian entities that improve Nigerian and global business & economy.
Access Bank Plc has emerged winner of the best ‘Commercial Banking Capabilities’ award in Nigeria by Euromoney for the year 2018.
The award was presented to the bank’s Group Managing Director/CEO, Mr. Herbert Wigwe, at the Euromoney Private Banking Awards 2018, which held at the Landmark in Marylebone, London. Access Bank Plc in the 2017 edition of the award category finished in 4th position.
Continue reading Access Bank Plc Wins 2018 Euromoney ‘Commercial Banking Capabilities’ Award
The Flour Mills of Nigeria Plc, has emerged the best company in the maiden edition of Dividend Payment Awards organised by Third Observers Nigeria Limited in Lagos.
In the Silver Award category, the winning companies are Total Nigeria Plc, Julius Berger Nigeria Plc, Berger Paints Nigeria Plc and Guaranty Trust Bank Plc.
The four companies were awarded silver for their consistency in paying dividends to their shareholders in the last 20 years.
The Bronze Award was won by Access Bank Plc, Learn Africa Plc, AG Leventis Nigeria Plc and May & Baker Nigeria Plc, having paid their shareholders for a minimum of 10 years.
Mr. Sunday Nwosu, the Vice Chairman, Third Observer Nigeria Ltd., said the purpose of the award was to encourage more companies to pay their shareholders and improve investments in the stock market.
According to Prof. Oyewusi Ibidapo-Obe, a former Vice-Chancellor of the University of Lagos and the Chairman of the event:
“We need to have more investors to invest in the capital market, we can no longer depend on crude oil money again.
I believe with more companies listed in the stock market, we can turn around the fortune of our country and minimise our dependence on crude oil.
I do appreciate what is happening in the capital market presently and it is an opportunity for investors to invest in it.
I am using this opportunity to commend the Third Observers Nigeria for rewarding companies that are paying their shareholders dividends, this will encourage more companies to join the league.”
Winners have emerged in the 2017 International Finance Magazine (IFM) Awards, which recognizes and honours individuals and organisations in the international finance industry that make a significant difference and add value.
The International Finance Magazine (IFM) shines a spotlight on those who make a contribution to raising the bar in the financial industry through activities of note. These include path-breaking initiatives in corporate social responsibility or charitable activities, better corporate governance and other achievements that impact the global finance community.
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Ezinne Uko (Nigeria) and Peter Wachira (Kenya) have been selected as the two winners of the $200,000 Kwesé Inc #GoGettaz entrepreneurship competition held at Strathmore University in Nairobi, Kenya.
Both walk away with a $100,000 USD investment, a similar amount in credit facility from Equity Bank Kenya, and a two week mentorship at Kwesé’s headquarters in South Africa with Strive Masiyiwa, founder and Executive Chairman of Econet Global. The 10 runners up each receive $10,000 USD investment in their ventures.
Ezinne Uko and Peter Wachira have taken the grand prize from a group of 12 finalists from DRC, Ghana, Kenya, Nigeria, Rwanda, South Africa and Zimbabwe.
Judged on their business/non-profits’ sustainability, originality, social benefit, and scalability as well as votes garnered from the general public in a month-long social media voting phase, which closed on 30 November 2017, Contrail Stores and A Remote Youth Venture impressed the judges and receive a $100,000 injection into their business/venture from Mr. Masiyiwa.
As one of the largest entrepreneurship competitions on the African continent, 4,800 competition entries were received, 50 million social media shares and over 200,000 web page visits. The winners endured, and their businesses will not only benefit financially but, as first-ever Kwesé Fellows, they will also continue to receive best business/venture practices from Mr. Masiyiwa for the duration of their mentorship program.
“At our eighth Africa Entrepreneurship Town Hall today, we had hundreds of people from different walks of life, all in the same room, all focused on solutions for the future: top business leaders, government officials, technology experts, academics, students… all thinking about how new technologies can help rather than harm society.
Today is how we build for Africa’s century and end poverty globally. Together we listen, we innovate and we take action — with data and vision, and without delay.”
To inspire upcoming entrepreneurs and pave the way for new generation innovators, the Kwesé Inc #GoGettaz Entrepreneurship Competition finals will be broadcast on Kwesé Inc, an exclusive channel for entrepreneurs on the pay TV platform Kwesé TV, now available in over 10 countries with more to launch soon.
Chi Limited has been announced as the first place winner for best kept industrial premises in the Manufacturers Association of Nigeria’s (MAN) 50th Annual General Meeting and Awards.
Chi Limited won the award for adopting best workplace production practices and processes amongst competing multinational companies in the country.
Continue reading Chi Limited Wins 2018 MAN Award For Best Kept Industrial Premises
Winners have emerged at the World Finance Banking Awards 2017. The World Finance Banking Awards 2017 are detailed in the World Finance Banking Guide 2017, which offers an insight into the scale of transformation in the banking sector.
Winners Of World Finance Banking Awards 2017 (Nigeria)
Employing more than 10,000 people across Africa, Guaranty Trust Bank (GTBank) is one of the continent’s leading financial institutions, providing a range of traditional and digital banking services to more than 10 million customers. Headquartered in Lagos, GTBank is Nigeria’s largest bank by market capitalisation, and boasts an asset base in excess of NGN 3.16 trillion ($8.8 billion).
Established in 1894 as the Bank for British West Africa, First Bank of Nigeria holds the honour of being the first bank ever to be established in Africa. The bank now boasts more than 10 million customer accounts and provides a balanced range of traditional banking products, along with a collection of modern, digital solutions for investment and wealth management purposes.
Founded in 1990, Diamond Bank is a multinational financial services provider that offers a range of products in the commercial, retail, corporate and investment banking sectors. The company has become Nigeria’s fastest-growing retail bank by sticking rigidly to its long-term vision of not just matching customer expectations, but exceeding them.
Since its inception in 1990, Guaranty Trust Bank (GTBank) has delivered consistent year-on-year growth, driving financial inclusion through the implementation of a number if innovative tech-based services. Now regarded as one of Africa’s leading financial institutions, GTBank’s operations extend across the continent, serving more than 10 million customers at home and abroad.
Access Bank initially started life as a commercial bank, but broadened its reach to include personal and business banking in 2012. It is currently one of Nigeria’s five largest banks, and is now set on becoming one of Africa’s most respected financial institutions, with a growth model that puts environmental sustainability and social responsibility on a par with profits.
Financial inclusion is one of the most significant issues currently facing the Nigerian banking sector. Guaranty Trust Bank, which was established in 1990 and has since grown to become one of Africa’s leading financial institutions, has therefore committed to rolling out a variety of digital banking products aimed at providing citizens formerly excluded from the formal banking system with access to vital financial services. In particular, the firm’s Bank 737 service, which allows customers to access their money via a smartphone without the need for an internet connection, is making banking simpler, faster and cheaper for previously unbanked Nigerians. Since the service was introduced, more than three million customers have signed up, while over $3.1 billion has been sent through the platform in the form of mobile transactions.
Wema Bank Plc and its mobile app ALAT, have been named the ‘Best Digital Bank’ and ‘Best Mobile Banking App’ in the World Finance Digital Banking awards 2017.
The World Finance Digital Banking awards 2017 celebrate institutions that are leading the charge with digitalization while meeting consumer demands and mitigating against accompanying risks.
Continue reading Wema Bank ALAT Wins World Finance Digital Banking Awards 2017