Union Bank of Nigeria Plc has proposed a settlement amount of N7.7 per share for its shareholders as the lender is finalising plans to delist from the Nigerian Exchange Group Ltd. The bank which began operation in 1917 disclosed the offer on Tuesday in a regulatory filing obtained. Union Bank …
Read More »Stanbic IBTC Bank Introduces Specialised Mortgage Solution for salary earners
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, is pleased to announce its innovative Specialised Mortgage solution designed to address the challenge of accessing mortgage finance for salary earners. Leveraging the Pension Commission’s (PENCOM) policy update allows pension contributors to access part of their retirement savings as equity contributions …
Read More »Youth unemployment eradication, our priority- Dangote
Dangote Group’s Executive Director, Commercial Operations, Hajia Fatima Aliko-Dangote, has reiterated the company’s determination to eradicate the high youth unemployment in the country. She said, it is only when youths are positively engaged, that the high insecurity problems in the country will fade away. Fatima, who made this disclosure at …
Read More »Exchange rate: NECA, experts disagree on FG’s target
Against the backdrop of indications that the Federal Government is putting in place measures to achieve exchange rate target of N500-N600/$1, while reorganising the banking sector, various private sector institutions and financial experts have expressed divergent views over the feasibility and the benefits of the goals. They however, advised government …
Read More »We didn’t intend to strip VIPs of police escorts – Force Headquarters
IGP Kayode Egbetokun The Force Headquarters on Thursday said it never at any point intended to strip Very Important Personalities (VIPs) of their police escorts. Force Public Relations Officer, ACP Muyiwa Adejobi in a post on X clarified that withdrawal of Police Mobile Force (PMF) personnel did not equate …
Read More »Ondo college assures protesting students of NYSC mobilisation
The protesting students The proprietor of the College of Education, Ero, Ondo State, Mr Oyeleye Fasua, on Thursday, appealed to the protesting students of the institution to be calm, saying the issue of mobilising them for the National Youths Service Corps would be addressed. The students of the college on …
Read More »Afenifere insists on state police, true federalism
Pa Ayo Adebanjo The pan-Yoruba socio-political organisation, Afenifere, has decried the rate of insecurity in some parts of the country as a result of the attacks by some armed herdsmen on farmers. The group noted that the criminal activities of the bandits against farmers raised the need for the creation …
Read More »Spend $150m Abacha loot on N’Delta, activist tells Tinubu
President Bola Tinubu A Niger Delta rights activist, Ozobo Austin, has called on President Bola Tinubu to appropriate the $150m Gen. Sani Abacha loot to boost critical infrastructures in the Niger Delta region, saying “the money is part of the Niger Delta oil funds being stolen by Abacha.” Ozobo, in …
Read More »Apple co-founder, Steve Wozniak suffers stroke
Steve Wozniak, co-founder of the technology company Apple Steve Wozniak, the co-founder of popular technology company, Apple, has reportedly been hospitalised in Mexico City on Wednesday, after suffering a possible stroke. According to a report by CNBC, the 73-year-old scientist and tech entrepreneur was scheduled to participate in a World …
Read More »Russia-Ukraine crisis takes its toll on Nigeria’s crude, affects inflow into international markets, says NNPC Ltd.
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil inflows in the international oil market, leading to a dip in demand from the once-dependable Asian market at the onset of hostilities in the Eastern …
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