FBN Holdings first-quarter profit up 7%
06 May 2019 | 12:56 pm
On the side-lines of FBN Holdings’ 7th Annual General Meeting, Group Managing Director UK Eke discussed the bank’s 2019 first-quarter earnings and strategies for the year.
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31 Oct 2020
Forbes Africa goes behind the scenes for our October edition celebrating 60 years of Nigerian Independence. Our October issue profiles NIGERIA’S NEW TYCOONS, those remarkable entrepreneurs leveraging technology to help Africa leapfrog years of economic stagnation and missed opportunities to build a new rising Africa. This month we celebrate three such tycoons, Fara Ashiru Jituboh, Iyin Aboyeji and Obi Ozor.
13 Nov 2020
“How can you do the right thing and still get punished for it,” laments Abuja-based restaurateur, as CORRUPT Federal Capital Territory Council personnel seal off her restaurant with staff and customers inside!
6 Dec 2020
Swiss voters have narrowly rejected stricter ethical rules for many global firms based in the Alpine republic. A separate poll calling on banks and pension funds to stop funding arms makers was also defeated.
7 Dec 2020
Political newcomers have it tough in a country where long-established families dominate the polls. The top presidential candidates in the December 7 election are all offspring of Ghana's independence-era "Big Six."
8 Jan 2021
African free trade bloc opens for business, but challenges remain. ... Backers say it will boost trade among African neighbours while allowing the continent to develop its own value chains. The World Bank estimates it could lift tens of millions out of poverty by 2035.
13 Jan 2021
With Qataris streaming into Saudi Arabia following the border re-opening, business owners in the al-Ahsa area say they are hopeful to see the economy boom again after "suffering economically" from the feud between Riyadh and Doha. Saudi Arabia shut its side of Qatar's only land border in June 2017 as part of a package of sanctions it said was a response to Doha's backing of radical Islamist groups and closeness to Iran. Qatar has always denied the charges.
12 Feb 2021
Disney's shares have rallied after the company reported better than expected results for its latest quarter. Sales came in at €16.2 billion, down 22 percent from the previous year, amid a continuing hit from the pandemic. But its streaming business Disney+ is continuing to grow as people stay home for longer, offsetting losses made at its theme parks that have suffered months of shutdown. Plus, as dining out is not an option for many couples this Valentine's Day, a handful of hotels in Brussels are offering quality time and fancy dinners for two – in guest rooms.
19 Feb 2021
Newly appointed World Trade Organization (WTO) director-general Ngozi Okonjo-Iweala said on Monday she doesn't want to see "business as usual" as she will need to broker international trade talks in the face of U.S.-China conflict, respond to pressure to reform trade rules and counter protectionism heightened by the COVID-19 pandemic
20 Feb 2021
This young Kenyan entrepreneur isn't sitting on a fortune. But that hasn't stopped her from starting her own business. Nowadays, she is successfully selling Hijabs.
5 Apr 2021
Wigs made from human hair have become more popular in Cameroon in recent years. Stores are fully stocked with wigs in all different colors and styles. Suppliers import the hair mainly from India, Europe, and Middle East.
19 Apr 2021
Offering a shared pot of €3.5 billion to start with, the newly-proposed football competition known as the European Super League would divvy up revenue among a smaller group of elite clubs. We tell you more. Also, we take a look at the French government's plan to aid farmers reeling from this month's cold spell.
31 May 2021
Here are a few reasons to pick up a copy of The Guardian on Tuesday. Find these stories and much more when you grab a copy of The Guardian on Tuesday.
6 mins ago
Early visitors to the Main Press Centre at the Beijing Winter Olympics have been delighted to discover that ice cream is served to them by robots. To buy the ice cream, one must go to the cashier to pay first and get a receipt with a QR code, which you then scan on the machine and the robot will automatically kick into action.
1 hour ago
All sides in Ethiopia's civil war have been accused of unspeakable atrocities. Will anyone be held responsible for them? Tim Sebastian speaks to the country's minister for democratization, Zadig Abraha.
1 hour ago
In this edition, we take a closer look at a symbol of just how far former enemies France and Germany have come. Nowadays, the Rhine river is barely even an obstacle between the Alsace capital Strasbourg and its twin town of Kehl on the German side. Every day, thousands of cross-border commuters travel back and forth across the river on tram line D, which has linked the two sides since 2017.
1 hour ago
Stock markets slumped in Asia on Thursday and European shares started the day's trading in the red, after signals from the US Federal Reserve that it could raise interest rates more than three times in 2022. Fed Chair Jerome Powell said the central bank's policy committee was "of a mind" to start raising rates in March, and that it would be guided by the economic data. FRANCE 24's Business Editor Stephen Carroll looks at market reaction to the announcements.
2 hours ago
The carcasses of goats and sheep strewn across the scrubland of northern Kenya are testament to the devastation wrought by the once-in-a-generation floods that have hit the region. In just one area of Marsabit County, herders lost around 20,000 goats and sheep last week after the torrential rain, Roba Koto, the top government official in North Horr constituency, said.
2 hours ago
We look to the Mexican papers as journalists there protest after a high-profile journalist is murdered outside her home. Antwerp customs officials sound the alarm on what they call a greater security threat than terrorism: the international drug trade. Also, French rugby star Antoine Dupont graces the cover of GQ France. Finally, Taylor Swift finds surprising support in Chile's president-elect after she's criticised by former Blur frontman Damon Albarn!