Lagos, Nigeria – Union Bank of Nigeria has launched a brand-new sonic identity tagged ‘The Sound of Union. At 105 years, the Bank is now leveraging the universality of music to engage with new and existing audiences through this unique sound identity. The Bank tapped prolific and award-winning music producer …
Read More »Polaris Bank promotes SMEs, sponsors The Fashion Souk
Polaris Bank has reaffirmed its commitment to support the growth of Small and Medium Enterprises (SMEs) in Nigeria. The Bank in a statement gave this assurance while disclosing plans to sponsor The Fashion Souk 7.0. The statement further noted that 3 successful entrepreneurs who emerge winners in a business pitch …
Read More »Access Holdings secures approval license to operate in France
Access Bank Access Holdings Plc has secured approval license to commence operation in France. Herbert Wigwe, the Group Managing Director who announced this at a Statutory Meeting of the shareholders of Access Holdings in Lagos also noted that the holding company in its bid to become Africa’s gateway to the …
Read More »NNPC seals $1.4bn financing deal for hydrocarbon project
NNPC The Nigerian National Petroleum Company (NNPC) Limited has signed a $1.4 billion external project finance agreement for the Northern Hydrocarbon Funding Limited. Codenamed Project Panther (under the NNPC Limited/Chevron Nigeria Limited joint venture), the agreement was sealed at the signing ceremony held on Tuesday in London. The deal was …
Read More »Contracts breach: Greenville LNG Company may face another multi-million dollar lawsuit
Greenville LNG Company Limited, a Liquefied Natural Gas production and distribution company in Nigeria is on the brink of another lawsuit in its supply dealings with Nigerian-based manufacturing giant, BUA Group. This development comes two years after the company was slammed with a $9m claim for breaching contract by a …
Read More »Stanbic IBTC Bank Nigeria PMI® – New order growth hits six-month high in November
Faster rises in output and new orders Inflationary pressures remain elevated Business confidence at survey-record low Business conditions continued to improve markedly in the Nigerian private sector during November amid improving demand and higher customer numbers. In turn, firms expanded their purchasing activity and employment. That said, business confidence dropped …
Read More »UBA Foundation Rings in The Yuletide Season, Lights Up the Lagos Marina
Africa’s Global bank, United Bank for Africa, through its Corporate Social Responsibility Arm, the UBA Foundation, on Tuesday, held its annual Christmas Lighting ceremony to mark the start of the festive season. The brilliant Christmas Lights of the UBA Foundation Gardens at the UBA Head Office on the Marina in …
Read More »Wema Banks comes tops in the 2022 Nigeria Bankers Games
Wema Bank, one of Nigeria’s most innovative banks, emerged the overall winner in the just concluded 2022 edition of the Nigeria Bankers Games with a record-breaking 22 medals. At the end of the games, reputed as the most prestigious sporting competition in the Nigerian banking industry, the bank stood at …
Read More »Sterling Bank Sponsors Training For 1,000 youths
Sterling Bank Plc, Nigeria’s leading commercial bank, has partnered with Nigeria Jubilee Fellows Programme (NJFP) to sponsor 1,000 fellows during this year’s training programme. Managing Director and Chief Executive Officer (MD/CEO) of Sterling Bank Plc, Mr. Abubakar Suleiman said, at the launch of the programme in Lagos, that the bank …
Read More »Heritage bank staff jailed over N12.8M fraud
A 40-Year old Account Officer with Heritage Bank Plc, Omosanyin Eniola, will be spending the next seven years in prison custody having been convicted on a case of N21.8 million bank fraud by a competent court. It was reported that Chief Magistrate Linda Yetunde Balogun, of a Lagos Chief Magistrate’s …
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