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Sigma Pensions Pledges Higher Returns for Customers
July 13, 2020

Sigma Pensions has stated its commitment to protecting and improving customers’ returns on investment amidst the global economic shocks.

The Head, Research & Strategy, Sigma Pensions, Mr. Adewale Okunrinboye gave this reassurance over the weekend at the company’s Webinar where he spoke on ‘Reshaping the Future of Work & Optimizing Investment returns after a Pandemic.’

Okunrinboye said: “The way we designed our investment strategy is always thinking of the long-term focus. We ensure that that our portfolio is well diversified and even if there is volatility, our ability to recover back is very strong such that it is not a loss situation. Also, beyond the short-term volatility, we are also constantly scanning to better opportunities such as investing in companies that are the most innovative in their sectors whatever the sectors.

“So, because we are focused on the long term, we have the tolerance to wave through it and that is something that"...

July 7, 2020

The gold manufacturers are asking the Finance Minister and Director of Taxation to intervene and save them from the difficult conditions they face during the quarantine period, after they stopped supplying the raw material four"...

July 7, 2020

Algerian state-owned Sonatrach is seeking offers into a July to October bitumen import tender that will for the first time include Argus pricing as an option for suppliers.

Sonatrach is seeking one to two 5,000t cargoes per month for the"...


July 13, 2020

Layer3, an information technology (IT) services provider has reassured its numerous customers of enhanced quality service delivery, just as it marks its 15th anniversary.

Speaking on the company’s anniversary, the CEO of Layer3, Oyaje Idoko, said the occasion was an opportunity to reflect on its growth over the past decade-and-half.

“For"...

July 13, 2020

Economic disruption caused by the COVID-19 pandemic has pushed East Africa’s growth projection for 2020 down to 1.2 percent, a rate that outstrips other African regions and is forecast to rebound to 3.7 percent in 2021, according to the African Development Bank’s (AfDB) East Africa Regional Economic Outlook 2020. The projection is under the baseline scenario that assumes the virus is contained by the third quarter of this year.

Prior"...

July 13, 2020

The World Bank discussed the Rwanda Country Partnership Framework (CPF) for the period 2021-26, to guide the Bank’s work for the next 6 years supporting the Government of Rwanda’s strategic priorities as laid down in the National Strategy for Transformation. The CPF also supports the recovery from the COVID-19 impacts.

The new CPF is underpinned by a Systematic Country Diagnostic (SCD), the"...

July 13, 2020

Seplat Petroleum Development Company Board of Directors appointed Mr. Emeka Onwuka as Chief Financial Officer (CFO) and Executive Director of the Company, joining the Seplat Board, effective August 1, 2020.

Mr. Onwuka has over 30 years experience in financial services within Sub-Saharan Africa. He has acted as the voice and face of major financial institutions in Nigeria as former Group Managing Director"...

July 13, 2020

The United Capital Plc has released its economic outlook report for the second half of the year.

The bi-annual report analyses the status of the Nigerian economy and outlines future projections informed by domestic and global events.

Based on extensive research, “Up in the Air”, as the report is titled, encapsulates"...

July 13, 2020

Bentley Systems, Incorporated, a leading global provider of comprehensive software and digital twins services for advancing the design, construction, and operations of infrastructure, today announced that its Acceleration Fund has launched The Cohesive Companies, a wholly owned subsidiary, anchored by the acquisition of Atlanta-based Cohesive Solutions. The new business venture will include the services team from Bentley’s AssetWise business and the offerings of Bentley,"...