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  RMB Nigeria Issuance SPV PLC (the “Issuer”), a funding vehicle incorporated to support RMB Nigeria (the “Bank”) in raising financing from the public debt capital markets, achieved a significant milestone with the successful registration of its ₦40 billion Multi-Instrument Issuance Programme (the “Programme”). Stanbic IBTC Capital Limited (“Stanbic IBTC …

Zenith Bank Plc has announced that it now boasts the best technology infrastructure in the banking industry, positioning itself to provide an exceptional customer experience and superior service delivery moving forward. This upgrade follows a recent comprehensive technology enhancement. The bank expressed its heartfelt gratitude to customers for their support …

Champion Breweries Plc has received a two-year extension from NGX Regulation Limited (NGX RegCo) to achieve the required free float threshold for companies listed on the Nigerian Exchange Limited’s (NGX) Main Board. The extension, covering 2024 to 2026, grants Champion Breweries additional time to meet NGX’s requirements, which mandate either …

Standard Chartered, an international cross-border bank, and British International Investment (BII), the UK’s development finance institution (DFI) and impact investor has announced the signing of a $350m risk participation agreement. This facility aims to bolster the trade finance needs of SMEs and corporates across Africa and South Asia and to …

Human rights lawyer, Femi Falana, has threatened to sue the Federal Government if the minors arrested and arraigned in connection with the recent hunger protests are not rehabilitated after their release. The Senior Advocate of Nigeria stated this on Tuesday while reviewing a book titled ‘Judiciary Terrorism’ by Richard Akinnola …

The Peoples Democratic Party (PDP), Cross River State chapter has rejected the outcome of last weekend’s local government council elections describing it as a “monumental fraud never before witnessed in the state.” The elections were held on Saturday and the All Progressives Congress, which rules the state, was declared the …

The lawmaker representing Borno South Senatorial District in the National Assembly, Ali Ndume, on Tuesday expressed his opinion on minors who were arrested over their alleged participation in August’s #EndBadGovernance protests. While speaking on Politics today, Channels Television, Ndume stated that arrested minors should be compensated and not rehabilitated. Ndube …

Edo Governor, Godwin Obaseki, has said he is leaving office as the governor of the State very satisfied having undertaken bold reforms and projects that have transformed critical areas of the State. He said this on Tuesday, when he led his Enugu State governor, Peter Mbah and former governor of …

NOVA Bank, one of the newest commercial banks in Nigeria may be experiencing a major crisis following the early and sudden exit of its pioneer Managing Director, Mr. Wale Adedeji.   For a bank that is barely a few months old commercial banking operations, this development is seen as one …

The Federal Government on Tuesday appealed to stakeholders from local and international communities to take advantage of the growing interest in the agricultural sector to invest in large-scale mechanised farming. The Minister of Agriculture and Food Security, Abubakar Kyari, made the plea at the maiden edition of a three-day Farm, …