One of Africa’s leading financial institutions, Zenith Bank has reaffirmed its dedication to employee welfare by announcing the promotion of over 4,000 staff members and implementing salary increases ranging from 20% to 30% across various employee grades. This bold initiative, under the leadership of Managing Director/CEO Dame Adaora Umeoji, its …
Read More »Nigerian authorities indict Sterling Bank for ‘$28.3m money laundering, fraud’
Sterling Bank Limited and its holding company, Sterling Financial Holdings Company have been accused by the Nigeria Police Force of money laundering, fraudulent deductions and other financial crimes. This was contained in a report presented to the House of Representative Committee on Public Petition during the hearing of a petition …
Read More »FirstBank Bountiful Harvest of Awards In 2024 – Testament To Excellence And Stakeholder Trust
In the gilded halls of excellence where dreams are crafted into legacies, stands a beacon that blazes across the African financial skyline. This is the story of FirstBank, the timeless oak of Nigeria’s banking heritage. In 2024, First Bank of Nigeria Limited stands not just as a financial institution but …
Read More »Bridging Theory and Practice: Integrating Measurement Education in Tertiary Curriculums
As a public relations measurement and evaluation expert with more than a decade of experience advocating the integration of measurement and evaluation into communications and PR engagements, I have witnessed firsthand the knowledge gaps that exist in the field. These gaps are particularly evident in how PR professionals and agencies …
Read More »Abuja-Kaduna-Zaria-Kano (AKR) Dual Carriageway Project: Setting the Record Straight and Reinforcing Commitment to Dialogue
Recent statements attributed to the Honourable Minister of Works, Senator David Umahi, CON, during his visit to the Abuja-Kaduna-Zaria-Kano (AKR) Highway project site, and a wave of media reports ongoing have raised concerns. While we recognise and respect the Honourable Minister’s commitment to Nigeria’s infrastructure, it is imperative to clarify …
Read More »PTD Leadership Commiserates With Niger State Govt, Families Of Victims Over Tanker Explosion
The Petroleum Tanker Drivers (PTD) Branch of NUPENG has expressed profound sorrow over the tragic tanker explosion that occurred at Dikko Junction in Niger State, claiming several lives and many others injured as a result of deplorable roads infrastructure and strange attitudes of some citizens who were scooping the …
Read More »INCREASE IN PUMP PRICE NOT FROM US- DANGOTE
We wish to clarify that the recent adjustment in our ex-depot price of Premium Motor Spirit (Petrol) is directly related to the significant increase in global crude oil prices. As crude remains the primary input in the production of PMS, any fluctuation in its international price inevitably impacts the cost …
Read More »Customers Panic As Moniepoint Microfinance Bank Loses N1.1bn to Hacker
An alleged Hacker, Sunday Ozimede, has invaded the vault of Moniepoint Microfinance Bank and swindled the bank of the whipping sum of N1,190, 728, 076 billion. The operatives of the Police Special Fraud Unit (PSFU), has however, arraigned the alleged hacker before a Federal High Court, Lagos, on charges bordering …
Read More »Hackers Access Sterling Bank Accounts Steal N1.257 Billion As Customers Panic Over Loss
Sterling Bank Plc has lost a staggering N1.257 billion to an alleged five-man Internet fraudsters, have been arraigned before Justice Ambrose Lewis-Allagoa of a Federal High Court, Lagos, for allegedly hacking into the Sterling Bank Plc’s banking platform and Bance Application, and removed a whooping sum of N1, 257, 536, …
Read More »Abbey Mortgage Bank Set To Transition Into Regional Bank
Abbey Mortgage Bank Plc has announced plans to hold an Extraordinary General Meeting (EGM) on Friday, January 24, 2025, to seek shareholder approval for key resolutions pivotal to its strategic transition into a regional commercial bank. This was contained in the company’s notice to the Nigerian Exchange Limited seen by …
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