In the face of the coronavirus pandemic and the resulting lockdown, Prudential Zenith Life Insurance is rolling out a range of services to help customers cope with the lockdown. The new services include a range of additional COVID-19 insurance cover enhancements, without additional premium charges, and a waiver for ‘pandemic’ exclusions as contained in its Read more
WASHINGTON D.C., United States of America, March 26, 2020/ — Given the evolving nature of the coronavirus (COVID-19) pandemic, the Corporate Council on Africa (CCA) and the Government of Morocco have jointly decided to postpone the 13th U.S.-Africa Business Summit previously scheduled to take place from June 9-12, 2020 in Marrakech, Morocco. “Our priority at Read more
JEDDAH, Kingdom of Saudi Arabia, March 23, 2020/ — The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has been named ‘Best Islamic Financier’ by the trade finance platform, Trade Finance Global in cooperation with BAFT. The international work carried out by banks, financial institutions and technology vendors Read more
Prudential Zenith Life Insurance has launched a payment service which allows mobile phone customers in Nigeria to buy protection policies wherever they are. Customers who dial *5966# on their mobile phones will be able to purchase a life insurance or hospital cash plan policy in a matter of minutes. Speaking at the launch of the Read more
Zenith General Insurance Company Limited (commonly known as Zenith Insurance) has, in a trailblazing move, partnered with Telecommunications giant – MTN Nigeria to provide the first ever mobile insurance service in Nigeria. Using the USSD code *5966#, customers can now buy Third Party Motor Insurance and Personal Accident Insurance on the go, on their mobile Read more
Shareholders of Zenith Bank Plc, on Monday, at the 29th Annual General Meeting of the Bank held at the Shehu Musa Yaradua Centre, Abuja unanimously approved the proposed final dividend of N2.50 per share, bringing the total dividend payment for the 2019 financial year to N2.80 per share with a total value of N87.9 billion. Read more
ABUJA, Nigeria, March 16, 2020/ — The Africa Fertilizer Financing Mechanism (AFFM) has kick-started a $2.2 million project to provide fertilizer suppliers in Nigeria with financial support to improve supply for 200,000 smallholder farmers. The trade credit guarantee project is AFFM’s first in the West African nation and will involve 10 fertilizer suppliers, 12 hub Read more
KHARTOUM, Sudan, March 10, 2020/ — The African Development Bank has signed an agreement with DAL Group, one of Sudan’s largest conglomerates, for the provision of up to $75 million to improve food security and household incomes in the country. The agreement is the Bank’s first private sector loan to the East African nation. The Read more
The African Energy Chamber announces its termination of its partnership with Africa Oil & Power, which it has had since 2018. Under this partnership, the Chamber has supported Africa Oil & Power in the organization of several highly-successful international events and investment conferences. The termination of the partnership reflects a new strategy for the Chamber Read more
Nigeria’s leading financial institution, Zenith Bank Plc, has again emerged as the Most Valuable Banking Brand in Nigeria in the recently released Banker Magazine Top 500 Banking Brands 2020. For the third consecutive year, Zenith Bank has been ranked as the number one banking brand in Nigeria with a brand value of $287 million and Read more
