Business

13 June 2022 – African Export Import Bank (Afreximbank) has announced the disbursement of a US$150 million finance facility to First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider. The funding was provided under Afreximbank’s Pandemic Trade Impact Mitigation Facility (PATIMFA). Afreximbank’s US$150 million financial support will …

 The National Pension Commission on will on Monday, June 20, commence the 2022 online verification and enrolment exercise for retirees/prospective retirees of federal government treasury funded Ministries, Departments and Agencies. The Commission stated this in a statement made available on Thursday. It said that those eligible for the online verification …

REDTV, Africa’s leading lifestyle entertainment online network, powered by Africa’s global Bank, the United Bank for Africa (UBA) has been announced as the winner of Online TV of the Year  at the prestigious 2022 edition of the GAGE Awards which was held over the weekend in Lagos, Nigeria. The award came as …

…Rewards Shareholders with N12.147bn Dividend Dangote Sugar Refinery Plc has restated its commitment to the achievement of Sugar Backward integration projects, describing it as the best thing that happened to the sector. Speaking to shareholders at the 16th Annual General Meeting (AGM) of Dangote Sugar Plc, in Lagos the Chairman of …

Shareholders of Dangote Cement Plc yesterday commended the Management of the company for an impressive performance despite the economic challenges in the year under review. Unanimously, the shareholders approved N20 per share for the year ended December 31, 2021 as against the N16 paid in the preceding year. This represents …

  Terrorists Terrorists have invaded Igama community of Edumoga Ehaje district in Okpokwu local government of Benue State, killing 11 residents. The gunmen who struck on Sunday, also set almost all buildings in the vicinity on fire The villagers claimed that at least 11 dead bodies had been recovered while …

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, commemorated Children’s Day with its maiden edition of a fun day for children tagged the Blue Kids Event. The event, which was themed ‘Bank of the Future’, was held at the Bank’s Idejo campus, Victoria Island, Lagos State. It featured …

In fulfilment of its corporate social investment initiative pillars in Education, Economic Empowerment and Health, Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, continued to partner with stakeholders in the Nigerian health sector to further strengthen the system and give Nigerians access to quality and affordable healthcare. …

  Indications have emerged that Nigerian Exchange Limited (NGX) has recently fined Union Bank Plc, 1.5 million for failure to file their financial statements after the regulatory due date. Investigation shows that the company was sanctioned during the current financial year 2022 for their inability to meet the regulatory requirements …

NOVA Merchant Bank, a leading merchant bank in Nigeria will be hosting the 52nd Quarterly General Meeting of the Association of Chief Audit Executives of Banks in Nigeria on Thursday, 23 June 2022 at the Oriental Hotel in Lagos. The meeting which is themed “The Future of Internal Audit in an …