LAGOS.02.06.23. Nigeria’s retail lender Unity Bank Plc has posted a Profit Before Tax of N1.1 billion for its full-year results that ended Dec 2022, even as its gross earnings rose by 13.1% to N57 billion from N50.2 billion in the corresponding period of 2021. The Bank in its audited full-year …
Read More »AIICO Insurance Company In Trouble Over Breach Of Contract
A Lagos-based legal practitioner, Chief Abdullai Tony Dania, has slammed N12,987,343.42 suit on AIICO Insurance company over an alleged breach of contract. According to a further and better affidavit sworn to by litigation manager, Mr. Abimbola Mayowa, in the office of Chief Abdullai Tony Dania’s counsel, the plaintiff entered into an insurance policy contract …
Read More »Wema Bank SME Business School Trains 250 SMEs in Benin City
L-R: Arthur Nkemeh; Head SME Banking,Wema Bank; Ms Debora Enakhimion; Permanent Secretary Office of the Secretary to State Government; Edo state; Tunde Mabawonku; Executive Director Digital and Retail Banking, Wema Bank; Mrs Violet Obiokoro- Managing Director; Edo State Skills Acquisition Agency (Edo Jobs); Osa Abbe (Assistant Director, Debt Management Office, …
Read More »Corruption Scandal Rocks NSITF Management As Staff Unions Threaten National Strike
Nigerian Social Insurance Trust Fund Building The Nigerian Social Insurance Trust Fund (NSITF) led by Managing Director/ Chief Executive Maureen Allagoa is being rocked by corruption and nepotism allegations involving top executive management members. The allegations of corruption and nepotism by top management are contained in a letter addressed to …
Read More »Ripples as fresh report exposes breaches in Polaris Bank’s acquistion
– How 6-month-old SCIL acquired lender with N1.2trn assets – The secret offshore companies involved in the deal – Embattled ex-Union Bank CEO, Emeka Emuwa uncovered as co-owner ____________ A fresh report by online newspaper, PREMIUM TIMES, has exposed more regulatory breaches in the acquisition of Polaris Bank Limited by …
Read More »WhiteBIT Expands Operations to Nigeria, Enabling Local Market Access to Global Crypto Trading
WhiteBIT, the one of the leading European cryptocurrency exchanges, is pleased to announce its official launch in Nigeria, signaling a significant milestone in expanding its global presence. As crypto enthusiasts worldwide continue to embrace WhiteBIT for its unwavering commitment to security, liquidity, execution speed, and user-friendly trading tools, the company …
Read More »ADJUSTMENT IN PUMP PRICE OF PMS
NNPC Limited wishes to inform our esteemed customers that we have adjusted our pump prices of PMS across our retail outlets, in line with current market realities. As we strive to provide you with the quality service for which we are known, it is pertinent to note that prices …
Read More »ABCHEALTH WELCOMES TGI GROUP INTO AFRICA’S LEADING HEALTH COALITION TO IMPROVE HEALTH IN AFRICA
The Tropical General Investment Group (TGI Group) has become a member of the African Business Coalition for Health. This was announced in a joint press release by both organisations on Monday May 15,2023, 2023 in Lagos, Nigeria. TGI Group is an international organisation operating in several continents including Africa, Middle …
Read More »I-INVEST EMPOWERS INVESTORS WITH EXCLUSIVE INSIGHTS AT FIFTH ANNIVERSARY INVESTMENT MIXER
i-invest, Nigeria’s leading digital investment platform, celebrated Five years of providing access to secure investment opportunities with an Investment Mixer on May 27, 2023. The event which was attended by financial investors, business executives, and industry stakeholders, focused on examining the nation’s economic climate, political shifts’ influence on financial investment …
Read More »FOR THE FOURTH CONSECUTIVE YEAR, ZENITH BANK NAMED ‘BEST CORPORATE GOVERNANCE FINANCIAL SERVICES’ IN AFRICA
For the fourth consecutive year, Zenith Bank Plc has been named as the Best Corporate Governance ‘Financial Services’ Africa 2023 by the Ethical Boardroom. The award, which was published in the Spring 2023 edition of The Ethical Boardroom magazine, is in recognition of the bank’s adherence to global best practices …
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