Stanbic IBTC Holdings, a member of Standard Bank Group and a leading end-to-end financial institution in Nigeria, has reaffirmed its commitment to supporting women by empowering and nurturing their growth. During the inaugural Bloom Weekend event held recently at Landmark Event Centre, Victoria Island, Lagos, the company demonstrated its dedication to supporting women-owned enterprises by …
Read More »Credit Direct Announces Outstanding H1 2024 Financial Performance and Key Achievements
Credit Direct Finance Company Limited (Credit Direct), the consumer finance arm of FCMB Group Plc and one of Nigeria’s leading digital-first non-bank financial services providers, has recently received an upgrade to its credit rating from Agusto & Co. to BBB+. According to Agusto & Co., “The upgrade reflects Credit Direct’s …
Read More »CBN Approves Providus Bank, Unity Bank Merger
We are pleased to announce that the Central Bank of Nigeria has approved the merger between Providus Bank Limited and Unity Bank Plc, marking a significant milestone in the evolution of our respective institutions. This merger represents a strategic and complementary union that will leverage the strengths of both banks …
Read More »Teenage Autistic Art Prodigy Aims to Shatter GUINNESS WORLD RECORDS™ for Largest Art Canvas to Fundraise for Autism Centre in Abuja
In a groundbreaking endeavour, a 14-year-old Nigerian art sensation, Kanyeyachukwu Tagbo-Okeke (Kanye) is attempting to set a new GUINNESS WORLD RECORDS™ for the largest artwork on canvas, measuring 10,000 square feet. The current world record is by an artist in Qatar, which measures 9,652 square meters. The project, titled “Impossibility …
Read More »Rating: GCR affirms Dangote Industries Limited AA+(NG)/ A1+(NG)
· strong earnings prospects from the new refinery GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively accorded to Dangote Industries Limited (DIL). GCR in its recent report also affirmed the national scale long-term issue rating of AA+(NG) accorded to each of …
Read More »ESG: FIRSTBANK WINS 2024 EUROMONEY AWARD FOR NIGERIA’S BEST BANK
FirstBank, the West African premier financial institution and financial inclusion services provider has emerged the winner of the prestigious Euromoney Award for Nigeria’s Best Bank in Environmental, Social, and Governance (ESG), reinforcing its position as a leader in sustainable banking and finance practices in its 130 years of existence. Following …
Read More »Nestlé Nigeria Invests Over 6 billion Naira in Youth Empowerment and Skill Development
Nestlé Nigeria underscored its commitment to youth empowerment and skill development at the recent graduation ceremony of ten young trainees from its Technical Training Centre (TTC) in Agbara. Since the program’s inception in 2011, the company has invested over six billion naira in upskilling young Nigerians, demonstrating its dedication …
Read More »Dangote Cement: Pan-African revenue for half-year grows by 139.9%
Dangote has continued to attract huge forex into the country through his pan-African operations as the half-year result for Dangote Cement indicates an increase in revenue from Pan-African operations by 139.9 per cent, growing to N807.1 billion as against N336.4 billion, reported in the corresponding period of 2023. The …
Read More »DANGOTE REFINERY: CIVIL SOCIETIES TO MONITOR CRUDE SALES COMPLIANCE BY NNPCL
…To set up Situation room in Abuja A coalition of Civil Society Organizations (CSO) at the weekend said it would set up a situation room to monitor the compliance of the Nigeria National Petroleum Corporation Limited (NNPCL) to the presidential directive to sell crude oil to Dangote Refinery in Naira …
Read More »It’s fake news! New PenCom DG, Omolola Oloworaran, not sacked by First Bank
Contrary to the reports making the rounds by some online news blogs that Omolola Oloworaran, the newly appointed acting director-general of the National Pension Commission (PenCom), was sacked by First Bank of Nigeria, her former employee, findings revealed that it is fake news. Some news blogs had reported that Mrs. …
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