Reinforcing its commitment to combatting fraud and protecting customers’ financial interests, Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, commemorated International Fraud Awareness Week 2024 hosting an insightful seminar in accordance with the global theme for International Fraud Awareness Week 2024, “Share A …
Read More »2027: We have no partnership deal with Tinubu — Labour Party
The Labour Party has dismissed the video making the rounds in the social media that its leadership was partnering with President Bola Tinubu ahead of the 2027 general election. The National Publicity Secretary of the Labour Party, Obiora Ifoh, disclosed the position in a statement issued on Friday in Abuja. …
Read More »Fidelity Bank to give out N159m in GAIM 6 promo
Leading financial institution, Fidelity Bank Plc, has announced that it will be giving out N159 million to lucky customers in its recently launched Get Alerts in Millions Season 6, (GAIM 6) promo. The Executive Director, Lagos and South-West, Fidelity Bank Plc and Promo Committee Chairman, Dr. Ken Opara, revealed this. …
Read More »Naira Extends Stronger Outcome by 0.36% to N1,652/$1 at Official FX Market
It was a stronger outcome for the Naira as it appreciated further against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEX) by 0.36 per cent or N6.05 on Friday, November 22 to trade at N1,652.62/$1 compared with Thursday’s closing rate of N1,658.49/$1. The appreciation came as FX …
Read More »Crude Oil Prices up Amid Intensifying Russia-Ukraine War
Crude oil prices climbed about 1 per cent on Friday as the intensifying war in Ukraine this week boosted the market’s geopolitical risk premium, with Brent gaining 94 cents or 1.3 per cent to settle at $75.17 a barrel and the US West Texas Intermediate (WTI) crude rising by $1.14 …
Read More »The Lagos Chamber of Commerce and Industry has declared that the concerns being displayed in the business community on the Federal Government’s plan to borrow a fresh external loan of $2.2 billion are driven by the apparent weak economic fundamentals and lack of understanding on how to navigate through the …
Read More »Rivers will receive federal allocation despite legal battle – FG
The Office of the Accountant-General of the Federation says it will adhere to court orders regarding the disbursement of federal allocations to Rivers State, following recent legal controversies surrounding the state’s financial entitlements. Speaking to The PUNCH on Friday, the Director of Press and Public Relations at the OAGF, Bawa …
Read More »Ignore false strike notice, Yobe NLC tells workers
The Nigeria Labour Congress, Yobe State Chapter, has described a circular circulating on social media platforms urging Yobe State civil servants to initiate a statewide strike, as entirely false and unfounded. A statement obtained by our correspondent on Saturday and signed by the state chairman of the NLC, Muktar Tarbutu, …
Read More »Taraba shuts down airport
The Taraba State Government has shut down the Danbaba Suntai Airport in Jalingo to expedite the upgrade work going on in the facility. The state government announced this on Friday through by the Permanent Secretary Ministry of Transportation Development, Kwantar Genesis. The statement highlighted the parts of the facility to …
Read More »Wizkid sets new record on Spotify with Morayo
Nigerian music sensation, Ayodeji Balogun, popularly known as Wizkid, has set a new Spotify record for the biggest streams by any song with his recently released album titled “Morayo” “Morayo” has claimed the number 1 spot on the Apple Music Nigeria Chart, with all his tracks dominating the charts to …
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