A LARGE proportion of the N7.9 trillion pieces of naira notes in circulation are dirty, mutilated, unfit for Automated Teller Machines (ATMs) and over-the-counter payments, the Central Bank of Nigeria (CBN) has said. A statement by CBN’s Deputy Governor, Operations Folashodun Shonubi and Director, Currency Operations Department Mrs. Pricilla Eleje …
Read More »VFD Group Plc Appoints Mobolaji Adewumi as an Executive Director, Finance
The Board of Directors of VFD Group Plc is delighted to announce the appointment of Mobolaji Adewumi as an Executive Director, Finance of VFD Group Plc. The appointment is subject to the approval of shareholders at the next Annual General Meeting (AGM). Mobolaji holds a B.Sc. in Management and Accounting …
Read More »Dangote donates 2,160-bed hostel to ABU
AFRICA’S foremost businessman and Aliko Dangote Foundation Chairman Alhaji Aliko Dangote donated at the weekend a 2,160-bed space hostel complex to the Ahmadu Bello University (ABU), Zaria, Kaduna State. The hostel, comprising 10 blocks of 360 rooms, built at N1.2 billion, is coming after similar gestures to Bayero University, …
Read More »Fidelity Bank holds 31st AGM, assures of greater returns
L-R: Non – Executive Director, Fidelity Bank Plc., Charles Umolu; Chairman, Fidelity Bank Plc., Ernest Ebi; Executive Director, South, Fidelity Bank Plc., Aku Odinkemelu; Managing Director/ Chief Executive Officer, Fidelity Bank Plc., Nnamdi Okonkwo at the 31St Annual General Meeting of Fidelity Bank which was held at Civic Center in …
Read More »Magodo Day 2019: Heritage Bank, Magodo Residents promote cultural diversity
Heritage Bank PLC, Nigeria’s most innovative banking service provider, has aligned forces with Magodo Residents Association (MRA) to promote cultural diversity and ensure the success of the maiden edition of Magodo Cultural Day 2019. The two-day event held between Friday and Saturday with a Business Dinner held at Radisson Blu …
Read More »Reports: Billionaire Onajite Okoloko’s Midwestern Oil & Gas, Eroton, Notore in crisis?
Onajite Okoloko Reports currently making the rounds indicates that Billionaire, Onajite Okoloko’s Eroton, Midwestern Oil and Gas as well as Notore Chemicals, is alleged to be facing difficult times. Secrets Reporter reports. According to Secrets Reporter, Notore Chemicals is said to be battling with operational challenges in the aftermath of its largely undersubscribed attempt …
Read More »There’s place for everyone in LPG sector, says Baru
The Nigerian National Petroleum Corporation (NNPC) has stated that the LPG market in Nigeria has room for everyone to operate and as such, should not be seen as only for a certain class of people. The Group Managing Director of the NNPC, Dr. Maikanti Baru, made this assertion at the …
Read More »Fidelity Bank posts strong Q1 2019 results
Following its impressive full year results for 2018 released recently, Fidelity Bank Plc has started the new financial year strongly, posting a very impressive first quarter result. Details of the top lender’s first quarter results released at the NSE yesterday show appreciable growth in earnings, profits for the period ended …
Read More »DANGOTE HOSTS 2019 WOMEN CORPORATE DIRECTORS CONFERENCE
Buhari unveils reconstructed Ayinke House, commissions 500-seater Lagos Theatre
President Muhammadu Buhari (2nd right), with Lagos State Governor, Mr. Akinwunmi Ambode (right); Governor-elect of Lagos State, Mr. Babajide Sanwo-Olu (left) during the unveiling of the plaque to commission the newly reconstructed Institute of Maternal and Child Health (Ayinke House), LASUTH, Ikeja, on Wednesday, April 24, 2019. Nigeria’s President, Muhammadu …
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