First Bank of Nigeria Limited has announced that it will host the Financial Markets Dealers Association’s (FMDA) quarterly meeting scheduled for 5pm on Friday, 16 September 2022, at Federal Palace Hotels, Victoria Island, Lagos. The event themed “Nigeria Macroeconomic Developments and Outlook: IMF View” will have itskeynote address delivered by Ari Aisen, IMF Resident Representative for Nigeria. In…
The federal government says it will penalise foreign airlines selling tickets to Nigerians in dollars, insisting that such practice is a violation of Nigerian laws. Hadi Sirika, minister of aviation, disclosed this to state house correspondents after the federal executive council (FEC) meeting. The meeting was presided over by President Muhammadu Buhari at the presidential…
Mobile money operator, MoMo Payment Service Bank, has announced popular comedienne, Anita Asuoha, popularly known as ‘Real Warri Pikin’, as its first brand ambassador. A statement said the unveiling took place at the MoMo PSB headquarters in Lagos. According to the statement, Asuoha is expected to use her popularity among members of the unbanked and…
Leadway Assurance has signed a Memorandum of Understanding with the Federal Civil Service Staff of Nigeria Cooperative Society Union to provide over 300,000 civil servants with affordable bespoke insurance coverage. The insurer disclosed in a statement that the MoU between it and one of Africa’s largest umbrella bodies of the cooperative societies covers Ministries, Departments,…
UBA Foundation, the corporate social responsibility arm of the United Bank for Africa Plc, said it has commenced the 2022 edition of its ‘National Essay Competition’ in Nigeria with a call for entries. A statement said the competition is part of UBA Foundation’s education initiative aimed at promoting literacy, and encouraging healthy and intellectual competition…
President Muhammadu Buhari, Vice President Yemi Osinbajo, Governor Babajide Sanwo-Olu of Lagos State, Mrs Zainab Ahmed, the Minister of Finance are among the top dignitaries billed to attend the 15th Annual Banking and Finance Conference organized by the Chartered Institute of Bankers of Nigeria (CIBN). The two-day Conference scheduled to hold at theTranscorp Hilton Hotel,…
The World Bank Group President, David Malpass, has said that the bank is ready to support Nigeria in phasing out regressive fuel subsidies while increasing social assistance for the poor and vulnerable. He also stressed the need for a unified exchange rate in Nigeria, which would significantly improve the business-enabling environment in Nigeria, attract foreign…
The Lagos chamber of commerce and industry has said that without concrete and quick steps to stem the rising inflation, in Nigeria, it may continue into the end of the year. A statement signed by LCCI Director-General, Chinyere Almona, said a major worry was that the inflation scourge was constraining production, causing job losses, and…
ccess Bank Plc has received the commendation of the Central Bank of Nigeria for its commitment on sustainable banking principles. The CBN gave the commendation at a programme in Abuja which it jointly hosted with the European Organisation for Sustainable Development. The programme, organised for seniors executives of Deposit Money Banks, was targeted at creating…
