In what has been termed the crowning glory of a successful year, leading financial institution -Fidelity Bank Plc -has been recognized for its devotion to providing exceptional customer experience. According to the recently issued KPMG 2023 West Africa Banking Industry Customer Experience Survey, the bank recorded a marked improvement …
Read More »PalmPay Purple Christmas With Teni delivers Christmas Hamper to Winner
…more winners to emerge Lucky winners have begun to emerge in the ongoing PalmPay Purple Christmas campaign featuring Nigerian singer-songwriter and pop star Teni. Mary Gbemisola, one of the lucky winners of a hamper and other Christmas gifts delivered to her house by Teni, said she was “happy receiving a …
Read More »Union Bank: Special Investigator rejects requests by Tunde Lemo, others
Tunde Lemo …Rejects appearance by proxy The Office of Special Investigator Jim Obazee has insisted that Mr Tunde Lemo, the Chairman of Titan Trust Bank, TTB, Mr Cornelius Vink and Rahul Savara must appear before it today to prove that their acquisition of Union Bank of Nigeria, UBN, followed due …
Read More »Gani Adams says Akeredolu’s exit ‘a personal loss’
Gani Adams and Akeredolu The Aare Onakakanfo of Yoruba land, Chief Gani Adams, has reacted to the demise of the Ondo state governor, Arakunrin Rotimi Akeredolu, describing it as a huge personal loss. Adams, who commiserated with the governor’s bereaved family in a statement on Thursday by his Special Assistant …
Read More »Army confirms arrest of soldier for killing of driver in Borno
The 7 Division of the Nigerian Army in Maiduguri, has confirmed the arrest of a soldier for allegedly killing a truck driver at a checkpoint along Maiduguri – Dikwa- Gamboru road. The incident occurred because of a misunderstanding between the soldier and the truck driver at the checkpoint. The …
Read More »Chinese yuan strengthens to 7.0974 against dollar
Chinese Yuan and US Dollars The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 28 pips to 7.0974 against the dollar on Thursday. The China Foreign Exchange Trade System revealed this. In China’s spot foreign exchange market, the yuan is allowed to rise or fall by …
Read More »Lucky Aiyedatiwa sworn in as Ondo governor
The Acting Governor of Ondo State, Lucky Aiyedatiwa, is sworn in as governor on Wednesday, December 27, 2023. PHOTO: ChannelsTV The acting governor of Ondo State, Lucky Aiyedatiwa., has been sworn in as the governor of the Sunshine State. The swearing-in was held at the Cocoa Conference Hall in the governor’s …
Read More »FCCPC Imposes $110m Fine On British American Tobacco Company For Consumer Act Violation
British American Tobacco The Federal Competition and Consumer Protection Commission has slammed a $110m fine on British American Tobacco (Nigeria) Limited with respect to a range of infringements of the Federal Competition and Consumer Protection Act, National Tobacco Control Act and sundry legal instruments. The fine is contained in a …
Read More »VFD Group Gets SEC Approval To Sell Over 63 Million New Shares To Existing Shareholders
VFD Group Plc, a company described as the ‘Berkshire Hathaway of Nigeria’ has received regulatory approval from the Securities and Exchange Commission (SEC) to undertake rights issues, the company has said. VFD said it is offering 63,342,455 shares of 50 kobo each at N197.33 per share to existing shareholders. Rights issues …
Read More »Stanbic IBTC Rewards 77 Customers in the Reward4Saving 3.0 Promo Draws
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has rewarded 77 customers with cash prizes in the first quarterly and third monthly draws of its Reward4Saving 3.0 promo. Both draws took place at the Bank’s head office at Walter Carrington Crescent, Lagos. 70 customers won N100,000 each, while seven …
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