Reconciliation is under way between the APC Senator representing Lagos Central, Senator Oluremi Tinubu and her colleague, Senator Dino Melaye (APC, Kogi West) following the intervention of Senate President, Bukola Saraki. Elombah.com learnt that Saraki met with both Tinubu and Melaye separately for a period of two hours each to …
Read More »Fidelity Bank wins Best Green Partner 2015 Award
Fidelity Bank Plc, one of the country’s most diversified financial institutions has been adjudged the “Best Green Partner 2015” by the Lagos State Government at the recently concluded 2016 Tree Planting Day. The organisers of the event said that Fidelity Bank was given the award in recognition of the Bank’s …
Read More »Nigeria banks groan over breakdown in correspondent Banking
ABOVE PHOTO: Christine Lagarde, managing director of the International Monetary Fund, at a press conference at the Treasury in London in May. PHOTO: ZUMA PRESS Costly regulations and business preferences are causing Western banks to terminate or suspend correspondent banking relationships with smaller foreign jurisdictions. According to the IMF said …
Read More »Kannywood gears up for Arewa Film Festival & Awards
It is no doubt that the Hausa movie industry fondly called Kannywood is a thriving one. However, not much has been done to promote and celebrate the sector because some do not have the courage to take the bull by the horn. But that will soon be a thing of …
Read More »Ayokunle takes over CAN as Oritsejafor recalls challenging period
CAN President, Ayokunle A new President was on Wednesday in Abuja inaugurated for the Christian Association of Nigeria (CAN), with a promise that under his administration, CAN would not patronise government but wild be a check on misgovernment. Speaking before handing over to his successor, Dr. Supo Samson Ayokunle, outgoing President …
Read More »Buhari’s wife sues Fayose over Halliburton allegation
Aisha-Buhari The wife of President Muhammadu Buhari, Aisha, has sued the Ekiti State Governor, Ayo Fayose, for alleging that she was indicted in the Halliburton multi-million dollar scandal. The governor claimed that Aisha Buhari was named in a document that stated she was one of those indicted in the celebrated …
Read More »30 Millionaires Emerge in DiamondXtra Mid-Year Draw
Diamond Bank Plc has added 30 Nigerians to the list of millionaires in the country at its DiamondXtra June Mid-Year Draw. Three lucky winners also emerged from a targeted draw for the Bank’s customers inside the Cantonment. In a release made available to the press, Diamond Bank stated that the …
Read More »AMCON; AHMED KURU, M.R.S AND A CRAZY WIND-DOWN MOVE
The Asset Management Corporation of Nigeria, under Ahmed Kuru appears to be fast losing grip of its mandate, which is to help businesses recover rather than destroy them. It just has announced it had initiated steps to wind down MRS Holdings Limited over its inability offset its N81bn debt. Another …
Read More »Access Bank emerges first African Bank to win Karlsruhe Sustainability Award
Barely a week after winning the 2016 Euromoney “Best Bank Transformation” Award in London, Access Bank Plc has just received the award for the “Outstanding Business Sustainability” in the 2016 Karlsruhe Sustainable Finance Awards in Germany. This award, presented to the Bank in Karlsruhe, Germany’s most sustainable city, recognizes the …
Read More »Zenith Bank launches mobile banking solution
Peter Amangbo, Zenith Bank GMD Zenith Bank Plc has launched a new mobile banking solution to make banking simpler and interesting. The bank’s *966# Eazybanking solution, which was recently launched into the Nigerian market, will complement the effort of the Central Bank of Nigeria (CBN) to build a cashless economy …
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