JW Marriott, part of Marriott Bonvoy's portfolio of over 30 outstanding hotel brands, has opened its second property in Kenya, JW Marriott Hotel Nairobi. JW Marriott Hotel Nairobi, the country's tallest hotel at 35 floors in the Westlands commercial sector, encapsulates the essence of Kenya's natural beauty and tradition, providing tourists with a quiet vacation for the mind, body, and soul.
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Wednesday 27 March 2024
JW Marriott Expands Hospitality in Eastern Africa, Opens JW Marriott Hotel in Nairobi
JW Marriott, part of Marriott Bonvoy's portfolio of over 30 outstanding hotel brands, has opened its second property in Kenya, JW Marriott Hotel Nairobi. JW Marriott Hotel Nairobi, the country's tallest hotel at 35 floors in the Westlands commercial sector, encapsulates the essence of Kenya's natural beauty and tradition, providing tourists with a quiet vacation for the mind, body, and soul.
Tuesday 26 March 2024
AfDB Approves $50 Million Loan to Enhance Climate Resilience and Livelihoods in Nigeria’s Yobe State
The Board of Directors of the African Development Bank Group (AfDB) has granted a $50 million loan for the Yobe State Environmental and Climate Change Action Project (ECCAP), an initiative created to improve climate change resilience, bolster food security, and uplift livelihoods for over 3.5 million individuals in northeast Nigeria state.
Meta's Global Affairs President Engages Young Innovators in Nigeria
The President of Global Affairs at Meta, Nick Clegg, recently convened with a group of young Nigerian innovators who harness Meta's platforms and products to catalyze change within their communities. At a roundtable discussion organized by the company in Lagos, Clegg highlighted Meta's commitment to supporting the innovative endeavours of young Nigerians and discussed the expansion of monetization features for eligible content creators across Sub-Saharan Africa.
Monday 25 March 2024
Central Bank of Nigeria Sells US Dollars to BDCs at N1251 to Stabilize Currency
In a bid to bolster the stability of the local currency, the Central Bank of Nigeria (CBN) has initiated the sale of US dollars to Bureau De Change (BDC) operators at a rate of N1251. This strategic move underscores the apex bank's unwavering commitment to addressing the undervaluation of the naira and ensuring favourable exchange rates across the market.
Ecobank Group Reaffirms Commitment to Gender Equality, Signs UN Women’s Empowerment Principles
Ecobank, the pan-African banking group, has signed the Women's Empowerment Principles by UN Women and the UN Global Compact (WEPs), which guide the private sector in advancing gender equality and women's empowerment in the workplace, marketplace, and community. Ecobank Group CEO Jeremy Awori announced the signing of these Principles during a webinar hosted by the Ecobank Foundation and UN Women to commemorate International Women's Day.
Sunday 24 March 2024
9PSB Mentors Students in Financial Discipline in Commemoration of Global Money Week
9 Payment Service Bank (9PSB), Nigeria's leading digital payment service bank focused on financial inclusion, has reaffirmed its commitment to providing comprehensive financial services. It expanded its financial literacy and mentorship initiative to Rosebay Schools, Lekki Phase 1 in Lagos State to commemorate this year's Global Money Week theme, "Protect Your Money, Secure Your Future."
More Winners Emerge in 9mobile ChopLife Promo
9mobile, Nigeria's leading customer-focused telecommunication company, announced recently that the ongoing 9mobile ‘ChopLife’ Promo has garnered immense participation, with a surge in the number of winners across the nation. This exciting development demonstrates 9mobile's commitment to rewarding its loyal subscribers while enhancing their experience on the network.
Saturday 23 March 2024
Unlocking the Secrets of Trustee Escrow: A Guide to Secure Transactions in Nigeria
In many financial transactions, particularly those involving real estate, mergers and acquisitions, and other large-scale transactions, an escrow trustee, sometimes known as an escrow agency or escrow business, is essential. An escrow trustee is an impartial third party who is responsible for protecting money, papers, or other assets on behalf of transaction parties until specific conditions or contractual obligations are fulfilled.
ITC, EU discuss reforms to ECOWAS business competition policies
The International Trade Centre (ITC), a United Nations agency dedicated to small business trade, on Tuesday, March 21, provided insights into the proposed policy options and reforms outlined in a position paper titled "Policy and Legal Options to Promote MSMEs under the ECOWAS and AfCFTA Competition Frameworks" to representatives from regional business associations in the Economic Community of West African States (ECOWAS).
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