…Naira will become stronger once Refinery starts production The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that the Dangote Petroleum Refinery, upon which the hope of the nation rests for fuel sufficiency is now 97 percent completed. The agency has also commended the work done in the …
Read More »Show of Fair Play and Collaboration as Wema Bank Rounds Up Wemalympics 2022
Wema Bank Plc., over the weekend hosted the fifth edition of its annual sports competition for employees across the different regions of the bank. Known as Wemalympics, the sporting event is arguably the largest internal sports events for employees organised by a bank or corporate body in Nigeria. Through Wemalympics, …
Read More »What will your cup of coffee look like in 2030?
By Scott Coles, Coffee Business Executive Officer for Nestlé Central and West Africa There is nothing quite like that first cup of coffee in the morning. For me it’s a moment to gather my thoughts before the day really begins. However, this daily ritual isn’t something we can take for …
Read More »Fraud Alert: Court sentences FCMB Staff for Stealing Customers Money
…Their Modus Operandi Exposed …Staff Arrested, jailed Justice A. T. Mohammed of the Federal High Court has sentenced a former banker, Emeka Okafor, to one-year imprisonment, for forgery and uttering of documents. He was jailed on Tuesday, October 11, 2022, after pleading guilty to two -count charges, bordering on forgery …
Read More »WEMA BANK LAUNCHES TELEMEDICINE SERVICE FOR CUSTOMERS
Wema Bank, in partnership with Health Connect, has introduced Wema Health Connect 24/7, a telemedicine service designed to deliver first-level medical services to customers. Wema Health Connect 24/7 enables subscribers who desire to speak to a doctor at their convenience, to engage and receive medical service 24 hours a …
Read More »Junior Achievement Nigeria’s Annual Flagship National Company of the Year Competition in Partnership with FirstBank to hold October 13th, 2022
Lagos, (Nigeria), 11 October 2022 – First Bank of Nigeria Limited has partnered with Junior Achievement Nigeria to implement the 22nd National Company of the Year (NCOY) competition which will be held on Thursday, 13th October 2022. The annual flagship event which was last held physically in 2019 will bring …
Read More »Tech startups hopeful as FG assures investment in e-commerce
Tech startups in Nigeria are hopeful for expansion following the government’s plan to increase investments to $75 billion revenue target by 2025. The Minister of Industry, Trade and Investment Otunba Niyi Adebayo at the recent stakeholders’ meeting on E-commerce and Digital Trade Policy for Nigeria stated that the inherent opportunities …
Read More »EFCC to Arraign Olasupo Shasore Over Alleged Money Laundering
Olasupo Shasore A former Lagos State Attorney General and Commissioner for Justice, Olasupo Shasore (SAN), is set to go for trial over alleged cases of money laundering. The Press Nigeria understands that the Nigerian government through the Economic and Financial Crimes Commission (EFCC) filed a case against the citizen …
Read More »Dangote: Our acquisition of Obajana Cement plant followed Due Process
*Obajana Cement PLC was incorporated in 1992 and as at 2002 had no paid up shares * Kogi State has no equity interest in Obajana Cement Plc * The plant and machinery were conceived, designed, procured, built, and paid for solely by DIL, well after it acquired the shares in Obajana Cement …
Read More »Standard Chartered Bank fraud: Court adjourned till January 19 for trial of suspects to commence
The presiding Judge of Federal high court sitting in Lagos south west Nigeria, Justice Peter Lifu has adjourned till 19th of January,2023, for the trial of four accused persons alleged to have defrauded Standard Chartered Bank to the tune of N223,865,708.08 to commence. According to four count amended charge …
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