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Standard Chartered Bank has announced the appointment of Dalu Ajene is the Chief Executive Officer of the bank’s operations in Nigeria. Ajene takes over from Lamin Manjang, the Vice Chairman Africa and Acting CEO who will be retiring from the bank after 25 years of service, having reached the mandatory …

Following the investigative documentary aired on Al-Jazeera, an International Cable Network that indicted Nestle of adding excessive Sugar to its NIDO Infant Formula and is been sold to Africa and other poorer countries around the world, the National Agency for Food and Drug Administration and Control, NAFDAC, has insisted that  …

Shareholders of Zenith Bank Plc unanimously approved the restructuring of the Bank to a holding company during a court-ordered Extraordinary General Meeting (EGM) held virtually from Zenith Heights, Zenith Bank Plc, Victoria Island, Lagos, on Friday, April 26, 2024.   In accordance with the Scheme of Arrangement dated March 28 2024, pursuant …

Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker- from Nigeria to Ghana and Cameroon and that the export, for the first quarter of 2024 increased by 87.2 percent at 264kt. While the company commissioned 10 of the 17 Alternative Fuel Projects across the …

The Federal Government of Nigeria received an additional N3.8 trillion in what appears to be fresh Ways and Means Borrowing in the last six months of 2023. This is according to provisional data published in the latest Statistics bulletin for the fourth quarter of 2023 recently released by the central …

Multiple explosions from fuel tankers at the Eleme section of the East-West Road in Rivers State have resulted in the burning of not less than 100 vehicles and an unknown number of casualties. The incident, which occurred late Friday night, has left many travelers stranded. According to reports, a tanker …

The 4th mobile network operator in Nigeria, 9mobile, lost more customers to the bigger operators in the first quarter of this year as 6, 443 subscribers ported out of its network. This is revealed in the latest number porting data released by the Nigerian Communications Commission (NCC). According to the …

President Bola Tinubu has approved the appointment of the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND). This was announced in a State House Press Release by the Special Adviser to the President on Media …

Strategies adopted by Dangote Cement to increase sales and ensure an adequate supply of products to customers are yielding the desired results as domestic sales volume increased, by 26.1 percent to 4.6Mt in the first quarter of 2024. According to the cement manufacturers’ unaudited results for the three months that ended, …

Obi and Omokri   A former presidential spokesman, Reno Omokri on Wednesday alleged that the real reason Anambra State became number one in NECO exams under the administration of Peter Obi was the high rate of exam malpractices. In his tweet on X, Omokri argued that Anambra did not become …