….AfCTA Present Limitless Opportunities, GDP of $3.4 trillion. The Lagos Chamber of Commerce and Industry (LCCI) has commended Africa’s global bank, United Bank for Africa (UBA) for its contribution to infrastructure development and growth of trade in the 19 countries where it operates, which is why the bank remains …
Read More »Keystone Bank clarifies reports on its meeting with House of Representatives committee on recovery
Keystone Bank Limited has said that reports in some sections of the online media on its meeting with the House of Representatives’ Ad Hoc Committee on Assessment and Status of All Recovered Loots Movable and Immovable Assets on Federal Government’s $40 million funds which were in its custody, are wrong. …
Read More »Leadway Assurance Company In Trouble Over Multi-Million Naira Fraud – Customer Claims
An Abuja-based man, Jolayemi Woleola has accused an insurance corporation, Leadway Assurance Company of fraud. He described the attitude and disposition of the company to his insurance claim as appalling, disappointing, annoying and frustrating. Jolayemi said Leadway Assurance Company came up with different excuses and outright lies to avoid the …
Read More »Nestoil Group and its failed campaign of calumny against The Witness Newspaper: Our Stand
Nestoil chairman, Ernest Azudialu-Obiejesi We knew it would get to this. We knew when they made surreptitious moves for us to stop the report, that the campaign to malign THE WITNESS would soon begin. But the end to this Nestoil Group saga is not yet on the horizon. A while …
Read More »FIRSTBANK CELEBRATES YOUTH WEEK 2021
From showcasing of talents, to the art of fashion design, identifying youths in the food business and lots more, Nigeria’s leading financial services providers, First Bank of Nigeria Limited has reiterated its commitment to Youth Empowerment and Entrepreneurship through the celebration of its ongoing 2021 Youth Week. The Youth …
Read More »EFCC moves against Nestoil boss, Ernest Azudialu-Obiejesi, over N20.3bn
Ernest Azudialu-Obiejesi, CEO, Nestoil Plc Unfortunately for Nigerian businessman, Ernest Azudialu-Obiejesi, chairman and chief executive officer of Nestoil Group, it has been one week, one trouble. Recall, weeks ago, the EFCC, swooped in on the businessman and sealed his expansive residence on Modupe Alakija Crescent, formerly known as Ikoyi Crescent. The …
Read More »CBN Urges Nigerians To Accept e-Naira As The Nation’s ‘Pride’
The Godwin Emefiele-led Central Bank of Nigeria, CBN has urged Nigerians to embrace the e-Naira because of its accruing benefits, which includes deepening financial inclusion in the country. The apex bank’s Director Corporate Communications Department, Osita Nwanisobi, made the call on Thursday at the ongoing Lagos International Trade Fair. In …
Read More »UNICEF, Jumia launch partnership to help Giga connect schools in Africa to the Internet
NEW YORK/LAGOS, 11 November 2021 – UNICEF and African e-commerce platform Jumia (NYSE: JMIA) announced today a partnership in support of Giga’s work to connect every school to the Internet and every young person to information, opportunity, and choice. Jumia’s data science capacity will offer Giga insights into the economic …
Read More »UBA Foundation Sensitises Staff, Customers on Mental Health Awareness, offers Therapies, Creative Opportunities, Giveaways
In line with its commitment towards giving back and impacting lives, UBA Foundation – the corporate social responsibility arm of United Bank for Africa (UBA) Plc – has kicked-off a week-long series of activities aimed at promoting mental health awareness for staff and customers starting with a panel session on Wellness …
Read More »Fresh Crisis Hits FCMB As Customers Close Accounts In Droves
It may not be the best of times for the troubled First City Monument Bank (FCMB) as depositors in the bank are reportedly closing their accounts with the bank in droves. According to media reports, the development came about, as a result of a leaked internal memo within the bank, …
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