Business

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, …

  …To add 750, 000MTs via rain-fed cultivation, reduce annual import by 60 In a bid to meet high demand amid poor production capacity of wheat, the Central Bank of Nigeria and Heritage Bank Plc have adopted a novel but more robust approach to boost local production and reduce dependence …

Kogi State House of Assembly has threatened to issue a warrant of arrest against the Managing Director of Sterling Bank Plc, Abubakar Suleiman should he fail to appear before the house on Tuesday next week. The House had invited the Managing Director two weeks ago to clarify the N20bn Bailout …

The Managing Director/ Chief Executive Officer of NOVA Merchant Bank Limited, Mr. Nath Ude, has been conferred as an Elected Fellow of the Chartered Institute of Bankers of Nigeria (CIBN) at the 2021 CIBN Fellowship Investiture. The event which held on the 30th of October 2021 at the Balmoral Convention …

Five years ago I had the vision to create a platform where exceptional entrepreneurs would be groomed and given the right tools to excel. This was the birth of the Charles O’Tudor Brand Master Class (COBMC). COBMC was first launched on June 20th 2017 at the Lagos Chamber of Commerce …

Wednesday, 3 November 2021. Lagos First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the commemoration of the 2021 and 60th edition of its annually sponsored Lagos Amateur Golf Championship. The tourney is scheduled to Tee-Off at the golf section of Ikoyi Club 1938 …

Abdulrasheed Maina’s reign of impunity while feasting on pensioners’ money was facilitated, expedited, accelerated and in collaboration with Nigeria’s known player in financial industry. Again, Fidelity Bank Plc that was incriminated in Diezani Alison-Madueke’s money laundering case, aided and acted as conduit through which Maina made an extraordinary, mind boggling, …

Records accelerated PBT growth of 671% Hospitality subsidiary, Transcorp Hotels, returns to profitability amidst the Covid-19 pandemic Lagos, Nigeria, November 1, 2021 Nigeria’s leading and largest listed diversified conglomerate, Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the third quarter ended September 30, 2021, indicating sustained …

ABUJA, NIGERIA – November 1, 2021 – Transcorp Hotels Plc. (the “Company” or the “Group”), (Bloomberg: TRANSCOH:NL; Reuters: TRANSCOHOT.LG), owner of Transcorp Hilton Abuja, Transcorp Hotels Calabar and Aura by Transcorp Hotels, has announced its unaudited Q3 results showing 115 percent growth in revenue year-on-year (YoY) to N14.6 billion and a …

Heritage Bank Plc has launched a robust innovative and advanced digital banking experience, “Octiplus”. Octiplus as a bank-agnostic, all-in-one digital banking application, which grants users access to a bouquet of financial, lifestyle and social networking features with the added convenience of converging card based payments within one application irrespective of …