…Thousands throng fair The annual Ecobank “Adire Lagos” exhibition has taken off in grand style with over 100 exhibitors showcasing their wares. The Ecobank Pan African Centre (EPAC) complex on Victoria Island, Lagos, is the venue for the four-day fair, which began on June 14 and ends on June 17. Originating from Abeokuta in Southwestern…
As contained in the final draft of the Resettlement Policy Framework for the Nigeria Rural Access and Agricultural Marketing Project Scale-UP implemented by the Federal Ministry of Agriculture and Rural Development, the fund is expected to address the need for better connectivity in rural Nigeria, where 92 million people currently lack access to good roads….
While Damilare Abiodun Atobatele, an Ibadan-based businessman, was asleep on November 8, 2023, N1.6 million was transferred in multiple transactions from his current account to his savings account, where it was later used to make purchases on the internet. These transactions were performed without his consent, leaving the businessman baffled. When he woke up and…
•Downgrades forecast for 2025 economic growth The World Bank on Tuesday affirmed its 3.3 per cent economic growth forecast for Nigeria in 2024, saying the nation’s economy was mildly buoyant in the early part of the year despite macroeconomic adjustments. However, the World Bank downgraded its forecast for Nigeria’s economic growth in 2025 to 3.5…
The Nigeria Data Protection Commission has said more than 1000 financial institutions, schools, insurance companies, and consultancy firms are undergoing investigations for various degrees of breaches of citizens’ data. This was as the commission’s National Commissioner, Vincent Olatunji, disclosed that four major banks and three other institutions faced sanctions and incurred fines totalling N400m for…
The Nigerian Meteorological Agency (NiMet) on Tuesday said moderate to heavy rainfall was anticipated in several states of the country from Wednesday 12 June to Friday 15 June. This chance of a downpour is expected from the early hours of Wednesday in parts of Taraba, Kebbi, Niger, Kwara, Ekiti, Osun, Oyo, Ondo, Kaduna, Nasarawa, Plateau,…
Through its Graduate Management Accelerated Program, UBA Ghana is pleased to announce the hiring of 44 new employees as of May 2024. This cohort is the third to successfully complete the program; the first two cohorts consisted of 14 and 40 individuals, respectively. Congratulating the graduates on their hard work and dedication over the six-month…
Updating the Nigerian Exchange Group of recent development within the bank, Diageo’s Company’s Secretary, Abidemi Ademola, said the terms of an agreement for the acquisition of the shares by Tolaram was signed today, June 11, 2024. “Tolaram will acquire Diageo’s 58.02% shareholding in Guinness Nigeria, and enter into long-term license and royalty agreements for the…
A member of staff at First Bank Nigeria Plc, one of Nigeria’s founding banks, is wanted for allegedly transferring $29 million (N829 billion) into personal accounts, one of which is his wife’s. Tijani Muiz Adeyinka was one of the employees escaping from the bank’s Iganmu branch. The bank is struggling to meet the recapitalization requirements…
