Business

STANBIC IBTC BANK rebuts the Ascon Oil story

  The attention of Stanbic IBTC Bank PLC (“the Bank”) has been drawn to a publication by various online media, which purports to indicate that Ascon Oil Limited (“Ascon”) ‘retook possession’ of a property along Lekki Admiralty Way, pursuant to an alleged Court Order issued in their favour. This is …

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FirstBank To Explore COVID-19 Opportunities — Adeduntan

First Bank of Nigeria Limited has promised its stakeholders that it will optimally maximise the opportunities from the disruptions occasioned by the Coronavirus (COVID-19) pandemic on the economy to their advantage. Dr Adesola Adeduntan, FirstBank Chief Executive Officer, gave the assurance on Thursday at the bank’s Virtual Corporate Customers forum …

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United Bank for Africa Provides $200 Million for Nigeria’s Petroleum Industry – Timely Financing For Post COVID Economic Growth

Acts as Facility Agent Bank for Nigerian Commercial Banks in the $1.5 Billion Facility to Boost Nigerian Oil Production and Government Revenue Lagos, 05 August 2020…// The United Bank for Africa Plc (UBA), the leading pan-African financial services group, has acted as Facility Agent Bank for the Nigerian Commercial Banks …

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