Business News News 

UBA Cameroon partners with Douala University to provide modern banking services to students, staff

The United Bank for Africa, UBA Cameroon, has built an ultra-modern business office in the University of Douala designed to provide top notch modern banking services to students, staff and other esteemed customers. While inaugurating the “NextGen” Business Office in Douala, in the presence of the Rector of the University of Douala, Professor Francoise Xavier Etoa, the Regional Chief Executive Officer of UBA Africa Francophone, Emeke Iweriebor, said the partnership, which has birth an ultra-modern business office, is based on the trust and the confidence vested on the bank by the…

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Business News News 

Cameroon: Ms. Mohamadou becomes the chairwoman of the board of director of NSIF

(Business in Cameroon) – Paul Biya, Cameroon’s president appointed Ms. Mohamadou  ( maiden name: Bilite Haman-Djoda) as the chairwoman of the board of directors of the National Social Insurance Fund (NSIF) through a decree on November 13, 2017. She is replacing El Hadj Ousmane Mey Abba, a high ranking official, who died during the night of January 19 to 20, 2016. El Hadj Mey spent 25 years as the chairman of the board of the NSIF. Before her appointment, Ms. Mohamadou was a project manager at the office of Cameroon’s…

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Business News 

Anglophone Problem: Hell on Traders who Respect Ghost Town; Bamenda City Council Boss

All traders and shed owners in markets under the precincts of the Bamenda City Council, have been instructed to remain functionally open throughout each day of the week and sanctions awaits them if they don’t do so. This draconian measure was unveiled by the government delegate to the Bamenda City Council at the Bamenda congress hall Saturday August 26, 2017. Vincent Nji Ndumu made it categorically clear to the shed owners and traders that all businesses within the precincts of the Bamenda City Council Markets should remain functionally open throughout…

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Business News 

Dangote Cement Records 12.6% Sales Rise In Half Year Continental Operations

Dangote Cement, Africa’s largest cement producer, has announced its unaudited results for the six months ended 30th June 2017, posting a 12.6 per cent increase in sales volume across Africa. In the financials released on the floor of the Nigerian Stock Exchange indicated that the increase in sales volume showed a growing capture of Pan-African market as Dangote Cement continues to gain grounds. Revenues from operations in Nigeria increased by 34.5 per cent  to ₦291.4 billion, while pan-Africa revenue increased by 63.7 per cent to ₦124.4 billion from ₦76.0 billion…

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