NNPC GMD, Maikanti Kacalla Baru Former Group Managing Directors (GMDs) of the Nigerian National Petroleum Corporation (NNPC) have declared that the petroleum price cap of 145 Naira per litre is not in tandem with the liberalisation policy of the Federal Government. According to a statement by the NNPC’S spokesman, Garba …
Read More »Zone 4 Energy: FirstBank refutes forgery charge
Our attention has been drawn to the media story making the rounds on the purported allegation of forgery against our officers by the promoters of Zone 4 Energy Limited. To set the record straight and for public Information, we categorically state that the allegation is untrue, staged for mischief and …
Read More »Tony Elumelu calls for stronger business relationships between Africa and France
Tony Elumelu calls for stronger businessrelationships between Africa and France At the recent MEDEF Summer University Forum in Paris, the annual meeting of French business and political leaders, Tony Elumelu, Chairman, Heirs Holdings and UBA Plc and Founder of the Tony Elumelu Foundation, stressed the opportunities Africa offers and urged stronger business relationships between France and Africa; calling for a deepening …
Read More »Niger Delta Avengers denies picking Soyinka for negotiations with FG
Niger Delta Avengers, NDA has denied reports that it has nominated nobel laureate, Prof. Wole Soyinka; a former Abia State governor, Orji Uzor Kalu and five others to negotiate with the Federal A statement by the spokesman of the militant group, Mudoch Agbinibo, described the claim as a lie of …
Read More »Standard Bank predicts increased M&A activity in African telecom, media and technology
Standard Bank, Africa’s largest bank by assets, is partnering with international news and events provider TMT Finance for the inaugural TMT Finance Africa Conference 2016, which is holding in Lagos and is bringing together the leading decision makers in African telecoms, media and technology (TMT) to Lagos on September 20, …
Read More »UBA denies reports of ban by CBN over TSA remittance
The United Bank for Africa (UBA) has denied reports that it has been banned by the Central Bank of Nigeria (CBN) over non-remittance of NNPC/NLNG dollar deposits. In a press statement issued by the bank’s corporate communications head, Charles Aigbe, the bank stated: “Our attention has been drawn to report of the ban of …
Read More »Fidelity Bank to create 30 millionaires with new promo
Fidelity Bank Plc, one of the country’s highly diversified financial institutions has commenced yet another exhilarating consumer promotion aimed specifically at transforming 30 lucky customer into instant millionaires. Dubbed ‘Get Alert in Millions’, the savings promo is a clear demonstration of its steadfast commitment to support initiatives that enrich the …
Read More »Access Bank surprises staff, Increases salary to cushion effect of harsh economy
Access Bank GMD, Wigwe Members of staff of Access Bank Plc were pleasantly surprised on Monday as they had an increase in their salary despite the prevailing economic realities in the country. Nigeria is suffering its worst economic downturn following the unexpected crash in the price of crude oil, its …
Read More »FCMB donates Braille Machines to the blind, restates commitment to supporting the less privileged
In line with its commitment to continually empower and impact lives in all segments of the society, First City Monument Bank (FCMB) Limited has donated 15 Braille machines to the Federal Nigeria Society for the Blind (FNSB) at its Vocational Training Centre (VCT) located at Oshodi, Lagos state. The Braille …
Read More »DIAMOND BANK DOLES OUT N25M, SUV TO S/E CUSTOMERS
Diamond Bank has once again shown appreciation to its customers by giving out a total sum of N25 million and a brand new SUV to its customers in the South East Region. This took place at the eight season of its annual Diamond Xtra Savings account draw held at the …
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