In case it is absolutely necessary to lay off any staff, the express approval of the Central Bank of Nigeria shall be required. (Image source: dotun55/Flickr)
The Nigerian Central and the Bankers Committee has instructed that no members of staffs of banks (either full or part time) should be retrenched in spite of the COVID-19 negative effect on banking operating cost
There will be usual restrictions such as self-distancing, hand hygiene etc. (Image source: Bryn Pinzgauer/Flickr)
Nigerian Banks were given the green light to open from 4 May as the lockdown in Lagos and Ogun States and Abuja, imposed on 30 March to reduce the spread of COVID-19, is gradually eased
Cloud computing creates an opportunity for providers of financial services to rethink their technology spend and significantly reduce costs. (Image source: Genesis Analytics)
More than 700mn Africans lack access to a bank or mobile money account and only 41 per cent of Africans are financially included, according to the report Cloud Banking in Africa: The Regulatory Opportunity by Genesis Analytics and Orange Business Services
During the conditional non-debarment period, Zhongmei Engineering Group Limited remains eligible to participate in AfDB-financed projects provided it undertakes a corporate integrity compliance programme. (Image source: Blogtrepreneur/Flickr)
The African Development Bank (AfDB) has announced a 12-month conditional non-debarment of Zhongmei Engineering Group Limited, an engineering company registered in Uganda
Akinwumi Adesina is the president of the African Development Bank. (Image Source: Eric Roset/Flickr)
The African Development Bank’s (AfDB) ‘Fight COVID-19’ social bond was listed on London Stock Exchange on 3 April 2020
The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)
One of the new BYD electric buses serving Cape Town. (Image source: GABS)
An illustration of an electric application supported by a BESS powered by Volvo Penta’s subsystem. (Image source: Volva Penta)
SANY will introduce 11 electric machines to the European market for the first time, reinforcing its leadership in sustainable construction technology. (Image source: SANY)
Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
Agreement supports solar PV, grid upgrades, and commercial energy access in Nigeria
Dragan Krznaric, business director for Middle East and Africa at CASE Construction Equipment at the company's stand at bauma.
Sany keen on Africa (Image source: Sany)
African Development Bank backs €26.5m (appox. US$29mn) Sokodé solar plant to boost Togo’s renewable energy capacity. (Image source: African Development Bank)
Minister Mohamed Ould Khaled announces shift to privatised power generation model at Invest in African Energy Forum. (Image source: Energy Capital & Power)
