A Non-Governmental Organisation, Corporate Accountability and Public Participation Africa (CAPPA) has called on the Federal Government to intensify the enforcement of Graphic Health Warning policy on tobacco packs sold throughout Nigeria. CAPPA made the call at a briefing in Abuja which also had representatives of the Nigeria Tobacco Control Alliance …
Read More »Power Outage: Collapsed national grid has been restored – FG
Power Station The Federal Government has said that the recent collapse of the national grid had been sorted out. The Minister of Power, Engineer Abubakar Aliyu, said this Wednesday while fielding questions from State House reporters after the Federal Executive Council (FEC) meeting presided over by Vice President Yemi Osinbajo …
Read More »Reps investigate 77 oil firms over unremitted N2.6tn revenue
House of Reps The House of Representatives, on Tuesday, commenced investigative hearing on the N2.6tn owed the Federal Government by 77 oil companies operating in Nigeria. The House is acting on the 2019 report of the Nigeria Extractive Industry Transparency Initiative. The Speaker of the House, Femi Gbajabiamila, threatened that …
Read More »Fidelity Bank Sensitizes Customers on Emerging Opportunities in Non-Oil Exports and CBN RT200 FX Policy
The Central Bank of Nigeria’s (CBN) efforts towards actualising $200 billion in Foreign Exchange (FX) repatriation from non-oil exports over the next five years have been given a major boost with a recently held workshop for exporters and investors in Akure, Ondo State. Hosted by leading financial institution, Fidelity Bank …
Read More »Sterling launches Omni X platform
Sterling launches Omni X platform, ….breaks new ground In liquidity management for corporates Lagos, Nigeria, March 16, 2022: In a bid to improve banking experience for non-bank and other financial institutions, corporate clients, UHNIs and HNIs, Sterling Bank Plc has launched a revolutionary digital platform, named Omni X. Omni X, an integrated …
Read More »IWD: Unity Bank, NASME Partner to Empower Women-Owned MSMEs
LAGOS. 16.03.22. Unity Bank has received commendations for its commitment to women empowerment at the National Association of Small and Medium Enterprises, NASME’s International Women’s Day, IWD celebrations held in Alausa, Lagos recently to push the frontiers of sustainable and inclusive development in Nigeria. The National Deputy President of NASME, Otunba …
Read More »Stanbic IBTC Infrastructure Fund 2021 Distribution to Unit Holders
Stanbic IBTC Asset Management (“the company”), a subsidiary of Stanbic IBTC Holdings PLC recently announced its final 2021 distribution of NGN2.00 per unit to unitholders invested in Tranche I of the Stanbic IBTC Infrastructure Fund (“the Infrastructure Fund”). The distribution, which was made in January 2022, is in addition to …
Read More »Stanbic IBTC Impacts Young Nigerians through Its Youth Leadership Series
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, held its annual Youth Leadership Series (YLS) on Tuesday, 8 March 2022, at the Yaba College of Technology, Lagos. The event, which was designed to upskill and empower young Nigerians to become future business leaders, was themed ‘Becoming’. The 2022 edition, …
Read More »UBA’s diversified business model, enhanced digital platforms key to financial gains – Uzoka
United Bank for Africa (UBA) Plc, has assured its shareholders and investors of excellent performance in the 2022 financial year, as the bank continues to deepen its foothold to reap the benefits of its investments in strong and innovative digital product offerings and expanded scope over the past few years. …
Read More »BE WARNED! Oxford International Group, others engaging in illegal investment activities – SEC
The Securities and Exchange Commission (SEC), on Monday, sealed the premises of Oxford International Group, Farmforte Agro-Allied Solutions Limited/Agropartnerships and Vektr Capital Investment, for allegedly engaging in illegal investment activities. The apex capital market regulator accused the companies of carrying out capital market activities without a license. One of the companies — …
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