Business

President Muhammadu Buhari has reversed his approval of Seplat Energy’s purchase of ExxonMobil’s Assets. The reversal is coming barely 48 hours after a purported statement was issued by the President ‘s spokesman, Me Femi Adesina that the deal had been approved by the President Seplat Energy Plc had in February …

Polaris Bank Polaris Bank in partnership with Societal Healthcare Organisation (SHO), has organised a training for community midwives and health extension workers in Northern Nigeria themed: Life Saving Skills (LSS). The 3-day intensive training is part of efforts to reduce mortality and morbidity associated with major causes of maternal and neonatal …

Heritage Bank Plc has entered partnership with the 301 Heavy Airlift Group Cooperative Multipurpose Society, Nigerian Airforce (301 HAG CMS) to leverage impactful digital banking solutions that will enhance HAG CMS’ financial wellbeing and take its members’ experiences to a new level. The bank revealed that through its advanced all-in-one …

Nigerian telecommunications powerhouse, Globacom, has unveiled another customer–oriented offer, EPL Data Packs for the enjoyment of millions of football-loving subscribers on its network. “We are delighted to launch the EPL Data Packs to enable all our esteemed customers to enjoy the 2022/ 2023 English Premier League season. The packs are …

It truly takes time and energy in moving around an open market to source for goods in order to restock, which brings about body aches and fatigue most retailers have shared. These experiences are fading with ease of shopping and feeling of well-being taking over as retailers conveniently make their …

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, would host the 2022 Stanbic IBTC Africa China Trade Expo as part of its efforts at promoting trans-regional trade and development between Nigeria and China. The trade expo would feature a panel discussion, masterclasses on trade, a presentation on the …

The Federal High Court sitting in Lagos has ordered that Providus Bank Limited should transfer back the remaining balance of N329,454,650.28 alleged to have been fraudulently transferred from the account of one of the bank’s customer Aqua 10 Nigeria Limited. Justice Peter Lifu also awarded the cost of N100,000 against …

Our attention has been drawn to the news reports online with the conflicting claims that FirstBank branch or/head office has been sealed. Please be informed that the referenced story is a misrepresentation of the facts and misleading. Neither our branch nor head office was sealed. On the 4th of August, …

The Police Special Fraud Unit, PSFU, Ikoyi, Lagos State, Nigeria, has arraigned a medical drugs supplier, Makinde Olufemi Abiodun, before a Federal High Court sitting in Ikoyi, over alleged N35 million Local Purchase Order (LPO) fraud. Besides, Makinde was also charged by the Police for the issuance of dud cheques. …

Hassan Usman, the managing director of Jaiz Bank Plc and other top officials of the Islamic bank may soon be invited for questioning by the Economic and Financial Crimes Commission, EFCC, over their alleged roles in the N109 billion allegedly stolen by Ahmed Idris, the disgraced former Accountant General of the …