. Union Bank, Titan Trust Bank, Polaris, Keystone Bank affected . President hands over report to CBN as Cardoso sacks banks’ managements, dissolves Boards . New managements, Boards, and names of the two new emerging banks already being considered President Bola Tinubu on Wednesday began the implementation of the reports of the Jim Obazee-led Special…
The Acting Director of the Corporate Communications Department at the CBN, Mrs. Hakama Sidi Ali, disclosed this in Abuja at the weekend. Ali said this initiative is part of the CBN’s efforts to decrease its remaining liability to the airlines. Mrs. Ali further disclosed that, in the past three months, the CBN has also redeemed…
… Opens up curated selfie booths for an immersive photo experience Ecobank Nigeria’s flagship media outfit, EPAC Studios is collaborating with highly rated Nigerian photographers to explore contemporary photography scenes. The immersive photo experience which takes place at the Ecobank Pan African Centre (EPAC) on Ozumba Mbadiwe Avenue in Victoria Island, January through February is…
A report comparing the prices of gasoline (petrol) in various countries has ranked Nigeria as 22nd on the list of countries with the least expensive petrol prices. The report titled “Gasoline Prices, Octane-95” dated early in the month revealed that the average price of petrol around the world is 1.30 U.S. Dollars per litre. Nigeria’s…
Union Bank of Nigeria, has reiterated its commitment to providing easy access to capital for Small and Medium-sized Enterprises in the country to boost the growth and profitability of the sector.This assertion was made at the ‘Top 100 Fastest Growing SMEs in Nigeria’ conference recently hosted by Business Day newspaper. The event, ‘Accelerating growth for…
Asharami Energy, a Sahara Group subsidiary operating in the upstream sector, said it has been awarded the ISO 20400 certification for sustainable procurement by the International Organisation for Standardisation. A statement from the firm noted that the milestone in the upstream supply chain and procurement management system was a recognition of the company’s commitment to…
Dangote Cement has listed two series of commercial papers under its N300bn issuance programme on the FMDQ Exchange. Through Series 10 and 11, Dangote Cement is looking to raise about N3.42bn and N56.59bn respectively. Similarly, Rand Merchant Bank also received approval for the quotation of N25bn Series 7 commercial papers under its N80bn issuance programme,…
First Bank of Nigeria, a pioneer in innovative banking solutions, has taken the lead in addressing concerns about the deployment of humanoid robots in three of its branches. The move comes in response to recent reports emphasizing the installation of a robot representative to assist customers in the bank’s branches. In an exclusive interview with…
PORT HARCOURT Refinery is still test-running to ensure operational readiness before the commencement of commercial operations. The Refinery was expected to resume refining after a Turn Around Maintenance, TAM in December 2023.But checks by Energy Vanguard, yesterday, indicated that the exercise, to be followed by crude supply is still ongoing.Chief Corporate Communications Officer, NNPC Ltd.,…
