Access Bank Plc has announced the successful launching of a $500 million 144A/RegS Senior Unsecured Eurobond, as part of its Global Medium-Term Note Programme. According to a notice signed by the company’s secretary, Sunday Ekwochi, and made available on the website of the Nigerian Exchange Limited (NGX), the transaction recorded a …
Read More »NNPC GMD, Kyari, wins BusinessDay Newspaper ‘Energy Executive of the Year’ award
Mallam Mele Kyari, the group managing director of the Nigerian National Petroleum Corporation, NNPC, has clinched the 2021 BusinessDay Newspaper Oil & Gas Awards as “Energy Executive of the Year” . HRM King Alfred Papapreye Diete-Spiff, the Amanyanabo of Twon-Brass, presented the award to the GMD at the occasion. According …
Read More »PHOTO: Nigeria’s Sports Minister, Sunday Dare, visits Keystone Bank Management Team in Lagos
Impact of Jumia is felt in secondary cities despite infrastructure deficit
Low internet penetration, bad road network and infrastructure deficit were among the hindrances identified to forestall e-commerce success in its early days in Nigeria. This was largely due to the fact that the majority of the country’s population lived in rural areas. This was – and still – the situation …
Read More »Sterling Bank led by Abubakar Suleiman in N1.7 billion fraud mess
Abubakar Suleiman, Sterling Bank MD The Abubakar Suleiman – led Sterling Bank Plc is currently enmeshed in a N1.7 billion fraud scandal. The fraud is said to have rattled the lender’s financial position and it has landed one of the bank’s staff and a businessman in court. The case which is …
Read More »Ecobank Nigeria turns four customers into millionaires
Ecobank Nigeria has presented grand prize of N1 million cheque each to the four winners that emerged at the end of its Super Reward Scheme. The bank says the campaign was to reward customers’ loyalty. For equitable representation of its customers’ base, the Bank segmented the country into four regions …
Read More »UBA’s Half-year Profit Grows By 33% to N76.2 Billion
*Declares 20k per share interim dividend Africa’s leading financial institution, the United Bank for Africa (UBA) Plc has announced its audited half year financial results for the half year ended June 30, 2021, showing impressive growth across all major income lines and performance indicators. The pan African financial institution delivered …
Read More »Heritage Bank, others bankroll SCOA handover of trucks, equipment to Julius Berger worth N15.5bn
Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider and seven other banks have provided a total of N15.5billion to assist SCOA Nigeria Plc for the importation and supply of MAN Platform Trucks and equipment to Julius Berger Nigeria for construction of 380km Abuja-Kaduna-Kano roads and many others across the …
Read More »Dangote Refinery partners Content Board on Oil Sector Research, Devt
Dangote Oil Refinery has thrown its weight behind the Nigerian Content Development and Monitoring Board (NCDMB) to promote the critical issue of Research and Development (R&D) in the oil and gas sector of the country. To display its readiness for this promotion, Dangote Petroleum Refinery was a Platinum sponsor of …
Read More »FINANCIAL LITERACY: Unity Bank Kick-Starts One Minute Genius 2.0
LAGOS. 07.05.2021: In its drive to boost financial literacy among students in primary and secondary schools across the nation, Nigerian lender, Unity Bank Plc has flagged off Season 2 of its pioneer educational gameplay, the One Minute Genius, OMG. The OMG 2.0 game play, which kicked off in May 3, …
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