LRCN The interminable crisis rocking the Librarians’ Registration Council of Nigeria (LRCN) has taken a new dimension following the directive by the Nigerian Library Association (NLA) to its members to boycott the activities of the council. President of the NLA, Dominic Omokaro, in a statement issued on Wednesday bemoaned what …
Read More »Emirates opens new ‘City Check-In and Travel Store’ in Dubai International Financial Centre (DIFC)
In the heart of Dubai’s bustling financial district, Emirates is set to launch a new City Check‑in and Travel Store, enabling customers to conveniently book travel, check-in for flights, drop luggage, shop for travel essentials, and save time at the airport. Passengers can avail of complimentary access and discounts to lifestyle …
Read More »HURIWA hails NNPC’s decision to open its books for EFCC probe
A prominent Non-Governmental Organization in Nigeria, the Human Rights Writers Association of Nigeria (HURIWA) has tasked cabinet ministers, Directors-General of federal agencies and parastatals, to initiate immediate invitation to the anti-corruption agency of Economic and Financial Crimes Commission (EFCC) to forensically examine their finances as they are winding up the …
Read More »Fresh concerns as GTCO loses N2.57 billion to fraud in 2022, profit dips
The vulnerability of Guaranty Trust Holding Company PLC (GTCO) to scams heightened in the year 2022, as the rate of fraud went up by 84.54 per cent to 27,725 cases from 15,024 in 2021, according to data obtained from the company’s audited 2022 financial statement, BusinessLive writes. Guaranty Trust Bank …
Read More »Boosting Global Trade Amidst Current Economic Slowdown
Trade is crucial to bridging economic gaps and boosting infrastructural development. Countries with strong international trade portfolios tend to grow faster, innovate more, and provide higher incomes and economic opportunities for their citizens. Beyond the integration into the global economy through trade and global value chains that help drive economic …
Read More »Kuda wins 2023 AFTSS ‘Excellence in Digital Banking’ Award
Kuda, the money app for Africans, has emerged the winner of the 2023 Africa Fintech Summit (AFTS) Excellence In Fintech award presented by the Africa Fintech Summit (AFS) in Washington, DCs. Kuda beat four other major African fintechs – TymeBank, Moniepoint, FairMoney and MNT-Halan – to clinch the award. Kuda, …
Read More »FIRSTBANK’S SPONSORED TIMELESS CONCERT BY DAVIDO CONNECTS FANS, PROMOTES CULTURE AND BOOSTS THE MUSIC INDUSTRY TO GREATER HEIGHTS
o FirstBank’s sponsorship of Timeless is the third time it is supporting Davido since it first supported Davido’s 30 Billion concert in 2017. o The support of the timeless concert is part of the Bank’s First@arts initiative. o First@arts by FirstBank showcases and facilitate the successes of the art and entertainment industry to …
Read More »Kyari: NNPC’s AKK Gas Pipeline project 70% ready, funds intact
Mele Kyari The Nigerian National Petroleum Company Limited (NNPC) has spent $1.1 billion (about N506.6 billion) on the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project, delivering 70 per cent of the trunk welding. The Group Chief Executive Officer of NNPC Ltd, Mele Kyari, stated this on Monday while inspecting a section of …
Read More »Seplat crisis worsens as another director, Fabian Ajogwu quits
Ajogwu Fabian Ajogwu has resigned from the board of Seplat Energy Plc. A senior advocate of Nigeria, Ajogwu has served as an independent non-executive director of the oil and gas company listed on both the London and Nigerian Stock Exchanges since 2021. A source familiar with the matter said Ajogwu’s …
Read More »GTCO In Trouble! UK Govt, CBN, SEC, Others Sanction Bank N4.2bn For Committing Market Infractions In 2022
The UK government, Central Bank of Nigeria (CBN), Securities and Exchange Commission (SEC), among other agencies where it operates have sanctioned Guaranty Trust Holding Company Plc (GTCO) a sum of N4.21billion for committing various market infractions in 2022. GTCO with its head office in Nigeria, and subsidiaries in UK, …
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