The Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Dr. Adesola Adeduntan, in this interview with THISDAY reviewed the performance of the global economy in 2022 and advised businesses and their bankers to approach 2023 with a partnership mindset to ensure that a win-win outcome is achieved despite the anticipated macroeconomic challenges. Excerpts: What are…
It was glitz and glamour as the premier and leading financial institution in the country, FirstBank thrilled their customer to a memorable “DecemberIssaVybe” at the just concluded Vibe on the Beach, featuring sensational music act, Ayodeji Ibrahim Balogun widely known as Big Wiz. The timing of the concert was right, having had Asake and Kiss…
Winners have started emerging in the Lagos State Ferry Services (LAGFERRY)/ Eko token cash reward promo that was launched recently to reward boat passengers and help increase waterways patronage as the state government continually seek alternative transport solution that would complement other modes: rail and road transport systems. The Managing Director, Lagos State Ferry Services…
It has often been said that small and medium-sized enterprises (SMEs) are the lifeblood of the Nigerian economy as they play a crucial role in alleviating poverty and unemployment. Consequently, Nigeria has seen a surge in the proliferation small businesses as many youths turn to self-employment in the face of a worsening unemployment crisis. At…
China has appointed its Ambassador to the United States Qin Gang as its new foreign minister, according to state media. Qin, 56, replaces Wang Yi, who has been China’s top diplomat for the past decade.Wang, 69, was elected to the politburo of the Chinese Communist Party in October and is expected to play a bigger…
Belgium-based Ryanair cabin crews have started a three-day strike, resulting in dozens of the low-cost Irish carrier’s flights being grounded and affecting thousands of passengers. The strike came on Friday as the cost of living crisis continued, increasing labour strife across Europe that has disrupted the festive period.Ryanair employees in Belgium have already gone on…
Dangote Cement Plc, Ibese Plant has launched multi-million naira corporate social responsibility projects for its host communities. The company disclosed that during an event tagged “2022 Host Community Day”, it unveiled various empowerment programmes including skill acquisition, scholarship, farming techniques training as well as empowerment of vulnerable women in its 17 host communities. It claimed…
In a bid to beat the December deadline, the shareholders of MTN Nigeria Plc have approved the cancellation of 7.5 billion unissued shares, the company has disclosed. In a public disclosure on the Nigerian Exchange Limited on Monday, the telecoms company’s shareholders also approved the cancellation of over 402 million preference shares of $0.005 each….
Renewvia Energy and its local partner, Incremental Energy Solutions Limited, have signed a long-term power supply contract with United Bank for Africa to supply their branches with clean energy generated from Renewvia’s cutting-edge microgrids. Under the contract, Renewvia will design, finance, own and operate solar microgrid systems to deliver clean, resilient, and affordable power supply…
