…as commercial banks MDs, major stakeholders oppose Cardoso, new deputies’ appointments . Despite being diagnosed with COVID-19, Shonubi storms office Monday morning from isolation . CBN sources claim former acting gov, deputies trying to cover up their tracks . Businessmen, govt officials hatch plan to meet Tinubu in New York to prevail on him to…
Abdul Samad Rabiu, chairman of BUA Group, says his company intends to reduce the price of cement in the country. The BUA founder said the planned reduction is part of efforts to support the federal government’s quest to alleviate the suffering of Nigerians. “I came to intimate His Excellency on the affairs of our cement…
On Friday, President Bola Tinubu nominated Yemi Cardoso as the new governor of the Central Bank of Nigeria (CBN). Cardoso’s nomination comes three months after Godwin Emefiele was suspended as governor of the apex bank and Folashodun Adebisi Shonubi, the deputy governor, operations directorate, was appointed to fill his shoes in an acting capacity. Olayemi…
The directors of Sterling Financial Holdings Company Limited, have continued to mop- up its shares, thereby expressing confidence in the viability of the financial institution. The most recent insiders dealings carried out by four of the directors of the Holding Company, among which is the Group Managing Director and Chief Executive Officer of Sterling Financial…
Fidelity Bank Plc says its profit before tax rose by 204.4 per cent as of the end of the first half of 2023 financial period to N76.3bn. In a statement, it said a review of the results published on the Nigerian Exchange Group on Friday, 1 September 2023, showed a positive performance across all financial…
Shareholders of Stanbic IBTC Holdings Plc will record increased capital gains during the first half year period ending June 2023, according to report. Investors in the shares of the holding company increased their wealth through capital gain by 124 per cent in one year, spanning from June 2022 to June 2023. The implication is that…
…..Admiralty Way, Lekki; Ajose Adeogun, V.I; Maitama, Abuja; Aba Road, Port Harcourt and seven others already wear new look By Ayomide Otitoju Ecobank Nigeria has started the remodeling of its branches across the country. This effort will see the bank turn its existing banking halls into modern smart banking arenas designed to offer a cozy…
ProvidusBank has restated its commitment to supporting its clients in the quest to grow a sustainable export-based domestic economy.The Managing Director/Chief Executive Officer, ProvidusBank, Walter Akpani, stated this in his welcome address at the financial institution’s hybrid 3rd Non-Oil Export Summit in Lagos. Akpani who was represented by the Deputy Managing Director ProvidusBank, Mr. Kingsley…
Fidelity Bank Plc says it will help schools to prepare adequately for the next session and deliver quality education as summer break gets to an end. In a statement, it said through its product known as the Fidelity Edu Loan, administrators of registered private primary, secondary and tertiary institutions in Nigeria could access loans of…
