BudgIt BudgIT, a civic-tech organisation, has insisted on the accuracy of its survey alleging non-payment of workers’ salaries in 12 states. Edo, Ebonyi, Imo, Nasarawa and Plateau among 12 states on the list of states owing workers at least one month’s salary as of July 28, 2022, have publicly denied. But …
Read More »Nigeria’s Bank of Industry raises $1 billion loan for companies
Bank of Industry The Bank of Industry (BoI) has announced the successful completion of a landmark EURO 1 billion Guaranteed Senior Loan Facility. This is to further enhance its capacity to deliver on its mandate, in line with President Muhammadu Buhari’s economic diversification agenda. According to the bank, the initially …
Read More »Jaiz Bank Gets Shareholders’ Approval To Raise N150bn For Expansion
Shareholders of Jaiz Bank Plc on Tuesday gave approval to the Board of Directors of the bank to raise the sum of N150bn through issuance of Sukuk or Equity from the Nigerian capital market. The approval was unanimously given at the Bank’s 10th Annual General Meeting held in Abuja. Through …
Read More »Unity Bank Rolls Out Yanga Market Penetration Campaign, Targets Millions of Underbanked Women
Lagos. 16.08.22. Retail lender, Unity Bank Plc has deployed a new marketing campaign targeted at reaching millions of women entrepreneurs, especially the underbanked across Nigeria with its new retail product, the Yanga account. Starting this August, the lender shall deploy strategic marketing campaigns leveraging several channels including the traditional and digital …
Read More »First Set of Winners Emerge in Union Bank’s Save & Win Palli Promo 2
Leading financial institution Union Bank of Nigeria has rewarded the first set of winners in the second edition of its Save & Win Palli promo. The first live draw of this season, which took place at Union Bank’s Head office in Lagos, saw 50 customers win cash prizes of ₦105,000 …
Read More »Old English Supermarket Opens New Outlet In Surulere
With four branches already booming and servicing its teeming customers, novel Superstore, Old English Supermarket has opened another outlet. This is to further realise its aim of becoming the superstore of choice of millions of upwardly mobile Nigerians. Old English Supermarket, founded a couple of years ago, is a rare …
Read More »Alliance for Youth Nigeria empowers over 11,000 young Nigerians in one year
As the world marks the International Youth Day, the Alliance for Youth Nigeria has announced the conclusion of a vocational skills training program reaching over 350 young Nigerians in Lagos and Kano States. The training, which covered four skillsets – Solar panel installation, Graphics Design (Designs, social media and …
Read More »COSTOMER DRAGS FCMB OVER N7M STOLEN FROM HIS ACCOUNT
LAGOS – The advent of technology that seems to have reshaped the nation’s banking sector in the quest to meet up with its peers all over the world has created issues and has always made it easy for money belonging to customers disappears from their accounts. In the past all …
Read More »Guinness, Nigerian Breweries, Three Others Earned N595.9bn From Alcohol, Other Drinks In Six Months
File Photo: International Breweries Product/Internet Brewery companies operating in Nigeria posted N595.94bn from the sale of alcohol and soft drinks in the half year of 2022. The country has five major brewery companies listed on the Nigerian Exchange Ltd. They are Nigerian Breweries Plc, Guinness Nigeria Plc, International Breweries, Champion …
Read More »FIRSTBANK COMMEMORATES 2022 INTERNATIONAL YOUTH DAY, DEDICATING THE WEEK TO CELEBRATING THE YOUTH
First Bank of Nigeria Limited has announced its commemoration of the 2022 International Youth Day, globally celebrated today, 12 August 2022 and themed “Intergenerational solidarity: Creating a World for All Ages.” The International Youth Day is commemorated every year on 12 August, bringing youth issues to the attention of …
Read More »
DailyrecordNg …Nigeria's hottest news blog