NEITI has announced plans to recover $6 billion and an additional N66 billion owed to the Federal Government by stakeholders in the oil sector. This was disclosed by Mr Ogbonnaya Orji, Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), during the 2025 budget defence session organised by the …
Read More »Glo, Oyo State Partner to Tackle Traffic Challenges
The government of Oyo State government has agreed a partnership with digital solutions services provider, Globacom, to put in place an innovative traffic management solution for the state. The Chief of Staff to the Governor, Chief Ebenezer Ogunwuyi, who represented Governor Seyi Makinde at the flag-off of the first phase …
Read More »Mercy Chinwo: How my ex-manager, Eezeetee, swindled me, threatened my life
Mercy Chinwo, top Nigerian gospel singer, on Saturday, has shared details on the fight between her and her former manager, Ezekiel ThankGod, known as Eezeetee. In a lengthy statement signed by her lawyer, Pelumi Olajengbesi, Chinwo accused her former record label boss of contract fraud. According to her, Eezeetee made …
Read More »ZENITH BANK ENHANCES STAFF PAY BY OVER 20% AND PROMOTES ABOVE 4,000
One of Africa’s leading financial institutions, Zenith Bank has reaffirmed its dedication to employee welfare by announcing the promotion of over 4,000 staff members and implementing salary increases ranging from 20% to 30% across various employee grades. This bold initiative, under the leadership of Managing Director/CEO Dame Adaora Umeoji, its …
Read More »Nigerian authorities indict Sterling Bank for ‘$28.3m money laundering, fraud’
Sterling Bank Limited and its holding company, Sterling Financial Holdings Company have been accused by the Nigeria Police Force of money laundering, fraudulent deductions and other financial crimes. This was contained in a report presented to the House of Representative Committee on Public Petition during the hearing of a petition …
Read More »Against all Odds, FirstBank Eyes Another Decade of Growth
In the first nine months of last year, the earnings per share (EPS) of FBNHoldings Plc, the parent company of First Bank of Nigeria Limited as well as its profit grew by 125 per cent year-on-year (Y/Y). But there is much more to where the premier bank stands in core …
Read More »FirstBank’s FirstGem: Redefining Women’s Empowerment in Nigeria
The story of women’s contribution to Nigeria’s economy is as old as the nation itself. It is no secret that women are the largest untapped source of national wealth worldwide. All over the world, women hold their place of pride in commercial enterprise. The Nigerian businesswoman have for a long …
Read More »Glo Festival of Joy winners receive prizes in Abuja
Abuja, the nation’s federal capital, came alive with joy and excitement on Wednesday as a new set of winners in the ongoing Globacom Festival of Joy promotion received mouth-watering prizes they won at a special presentation ceremony held at the premises of Globacom at Aminu Kano Crescent. A glittering brand …
Read More »Emirates debuts stylish new uniform for its elite Premium & VIP Passenger Services team
Emirates has officially debuted a new uniform designed for its Premium & VIP Passenger Services team, who are responsible for the seamless transfer of Premium & VIP personnel through Dubai International Airport (DXB). The new uniform has echoes of the iconic Emirates cabin crew look, however, exclusively represents Emirates’ elite unit that …
Read More »WEMA BANK ANNOUNCES FINAL TRANCHE OF CAPITAL RAISE EXERCISE
…Set to raise additional N200 billion in combination of Rights & Special Placement to complete CBN recapitalization requirement. Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced that it will be completing its capital raise through a combination of a Rights issue …
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