By Ayomde Otitoju First Bank of Nigeria Limited, Nigeria’s premier financial services institution, has announced a phased corporate name change of its subsidiaries in the United Kingdom and Sub-Saharan Africa. FBNBank UK, FBNBank Sierra Leone, FBNBank Gambia and FBNBank DRC are the first set of subsidiaries effecting the name alignment. They are now known and…
Dangote Cement Plc has revealed that its shareholders will receive about N340 billion dividend for the financial year 2022.The shareholders at the Annual General Meeting, AGM slated for April 13, 2023 are expected to approve the dividend proposal by its Board of Directors. In the notice of AGM signed by the Acting Company Secretary, Edward…
The Lagos Chamber of Commerce and Industry (LCCI) in tandem with other analysts say that continuous increase in the Monetary Policy Rate (MPR) by the Central Bank of Nigeria (CBN) to curb inflation could lead to stunted economic growth.Director General, LCCI, Dr. Chinyere Almona, in a statement made available to Vanguard, noted that the consistent…
Funso Aina, MTN Nigeria’s Senior Manager, External Relations, has been announced ‘Innovator of the Year’ in the brands category at the SABRE IN2 awards.The SABRE IN2 awards recognise works that highlights the expanding scope of the PR profession, from content creation to the evaluation process using data and analytics to inform, enhance and evaluate campaign…
Access Holdings Plc has announced that Access Bank Zambia Limited, a subsidiary of its flagship subsidiary, Access Bank Limited, has received final regulatory approval from the Central Bank of Zambia for the acquisition of African Banking Corporation Zambia Limited.In a statement last weekend, Sunday Ekwochi, Company Secretary of Access Holdings, said: “The Central Bank of…
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced the call for participation in the third season of its FirstBank Management Associate Programme (FMAP). Interested participants are required to submit their application via https://hdbc.fa.em2.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX. The application is extended to the general public as it closes by 24 March 2023….
The Nigeria Labour Congress (NLC) has directed public sector workers in the country to embark on strike. The strike is billed to commence on Wednesday next week. Joe Ajaero, the NLC president, gave the directive at a media briefing in Abuja on Wednesday. He also directed that affiliate unions constituting the NLC should be on…
Central Bank of Nigeria’s Monetary Policy Committee has voted to increase the benchmark interest rate by 50 basis points to 18. percent.This was disclosed by the CBN Governor, Godwin Emefiele, on Tuesday while reading the communiqué of the second MPC meeting. He said the committee also pegged the liquidity ratio at thirty percent. The tightening…
Mr Isaiah Nguuma, a 47 year-old bricklayer, who resides in Dei Dei community in the Federal Capital Territory (FCT), experienced weight loss and blurred vision some few years ago. His mouth was always dry; usually, very thirsty, and was making frequent visits to the restroom. Recounting his ordeal he told this writer that it was…
