Emefiele, CBN governor The Central Bank of Nigeria (CBN) has said it will come up with a regulatory policy framework for the implementation of cryptocurrencies. The CBN which had earlier banned crypto-related transactions in the banking system, disclosed this in a report on ‘Nigeria payments system vision 2025’. It said, …
Read More »WHY THE 2022 EDITION OF DECEMBERISSAVYBE BY FIRSTBANK WASN’T JUST ABOUT THE EXCITEMENT BUT MEMORIES
By Farouk Mohammed The 2022 edition of “#DecemberIssaVybe” by FirstBank, Nigeria’s premier financial institution, has stood the test of time as it yet again created exciting opportunities for individuals and families to come together to celebrate the end of the year. The listed events promoted by the Bank birthed memories …
Read More »Let’s Seek Divine Guidance for Peace in 2023, Archbishop Martins urges Nigerians
…Says peace crucial to ensure rapid progress By Tony Agbugba The Catholic Archbishop of Lagos, Most Rev. Alfred Adewale Martins has urged all Nigerians to seek divine guidance in the quest for peace in 2023, to ensure that the New Year is free from chaos and anarchy. According to the …
Read More »Stanbic IBTC Bank Nigeria PMI: Output prices rise at second-fastest pace on record
Customer demand improved again in the Nigerian private sector at the end of 2022, supporting further rapid increases in both new orders and business activity. In turn, firms took on additional staff, albeit only slightly. Meanwhile, currency weakness continued to exacerbate cost pressures, subsequently feeding through to the second-fastest …
Read More »WEMA Bank Plc announces CEO Retirement and Appointment of new MD/CEO
LAGOS, NIGERIA – 30th December 2022 – Wema Bank PLC (Bloomberg: Wema NL) (“Wema” or “the Bank”) announces retirement of its Managing Director/CEO. · Managing Director/CEO Ademola Adebise to retire from Wema Bank Plc; with effect from March 31, 2023. · Moruf Oseni, current Deputy Managing Director appointed as …
Read More »Dangote Refinery Awards Scholarship to 460 Students in Host Communities
As part of its Corporate Social Responsibility (CSR) programmes, Dangote Petroleum Refinery and Dangote Fertiliser Limited have awarded scholarships to 460 students of secondary schools and tertiary institutions from its host communities in Ibeju Lekki, Lagos State. The company said the scholarship had become an annual event meant to …
Read More »Lagos Shuts APC Ex-Chieftain’s Nightclub For Noise Pollution
The Lagos State Government has shut down a popular nightclub in the Victoria Island area of the state for noise pollution amid the Christmas and New Year festivities. Quilox, a club owned by a House of Representatives member, Shina Peller, was shut down on Saturday after hosting a 36-hour non-stop …
Read More »Niger Delta Commission, NDDC Dragged To Court By Civic Groups Over Failure To Provide 2020 Budget Detail
Some civic groups, Foundation for Environmental Rights, Advocacy and Development (FENRAD, Social Development Integrated Centre (Social Action) and Abia State NDDC Advocacy groups have sued the Niger Delta Development Commission (NDDC) for failing to make available its 2020 budget in compliance with the provisions of the Freedom of Information …
Read More »Dangote Cement’s CDP Climate Rating Upgraded to B
Dangote Cement Plc has had its Carbon Disclosure Project(CDP) rating raised from B- to B in recognition of the cement producer’s commitment to climate change. The rating upgrade indicates that Dangote Cement has addressed the environmental impact of its business and ensures good environmental management. This upgrade demonstrates the …
Read More »Stanbic IBTC Sponsors 8th West Africa Property Investment Summit
To show its ongoing commitment towards fostering growth in Nigeria, and Africa as a whole, Stanbic IBTC Holdings, a member of Standard Bank Group, sponsored the 8th West Africa Property Investment (WAPI) Summit. The event assembled prominent stakeholders in the real estate sector through a hybrid summit of in-person …
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