Adedayo Akinwale in Abuja The presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, yesterday pointedly accused the All Progressives Congress (APC) of a grand plan to rig the presidential and National Assembly elections rescheduled for Saturday. Speaking at the PDP 84th National Executive Committee (NEC) meeting held …
Read More »Uzoho Suspended, Fined in Cyprus over ‘Fake’ Health Certificate
Nigeria’s first choice goalkeeper, Francis Uzoho, who is on loan at Anorthosis Famagusta has been suspended for one game by the Cyprus Football Association (CFA). The Cypriot FA yesterday upheld the appeal filed by Apollon Limasol who challenged the fielding of Uzoho by Famagusta. Limasol insisted in their protest to …
Read More »Heritage Bank debuts ‘HB LAB’ tech start-ups to boost economic growth
…As winner gets $25, 000 grant, other benefits Heritage Bank Plc, Nigeria’s most innovative banking service provider, adopts a focused approach that removes barriers and galvanizes the critical sector of the economy around a bold growth agenda with the launching of its innovation accelerator programme tagged, “HB LAB”. The maiden …
Read More »EFCC kicks against judgment on Maina, vows to Appeal
The Economic and Financial Crimes Commission (EFCC) says it will appeal Tuesday’s judgement of a Federal High Court, sitting in Abuja, restraining the commission from declaring the Chairman of the defunct Pension Reform Task Team, Mr Abudulrasheed Maina, wanted. EFCC Acting Spokesman, Mr Tony Orilade, made this known in a …
Read More »Zenith Bank nets N193bn profit, offers N2.50 final Dividend
Zenith Bank Plc has reported a growth of 16. 2 per cent in its profit before tax (PBT) as well as 11.3 per cent growth in profit after tax (PAT) for the year ended December 31, 2018. According to the audited results made available yesterday, the lender recorded a decline …
Read More »Court orders EFCC to release ex-Skye Bank chairman, Ayeni
An FCT High Court in Maitama has ordered the Economic and Financial Crimes Commission (EFCC) to immediately release the detained chairman of the defunct Skye Bank, Tunde Ayeni. The court set aside an earlier order it granted the EFCC to detain Ayeni for 14 days. The trial judge, Justice Yusuf …
Read More »Forex: CBN buoys market with $210m
The Central Bank of Nigeria (CBN) has made a fresh injection of $210 million into the inter-bank foreign exchange market in its determination to boost supply in that sector of the market. Figures released by the Bank on Tuesday, February 19, 2019, indicated that it offered the total sum of …
Read More »Kogi Gov. Chief of Staff allegedly arrests, hounds ADC senatorial candidate’s supporters
Supporters of Kogi East Senatorial District candidate of the African Democratic Congress, Victor Adoji, are having it very tough ahead of the postponed general election. Information filtering in has it that ADC candidate’s supporters are being hounded out of town ahead of the February 23, 2019 poll. “They are being …
Read More »Fidelity Bank rewards 32 winners with N18m in GAIM Season 3
L-R: Head, Savings Group, Janet Nnabuko; Head, Strategy & Business Transformation, Adetunji Mustapha; Representative from Consumer Protection Council (CPC), Susie Onwuka; Executive Director, Shared Services & Products, Chijioke Ugochukwu; Representative from National Lottery Regulatory Commission, Amaka Osakwe; Representative from Lagos State Lotteries Board, Rowland Samuel at the 4th Monthly/2nd Bi-Monthly …
Read More »Zenith Bank earns over N80 billion as trading gains in 2018.
Reliable sources close to Nairametrics indicate tier one lender Zenith Bank could earn close to N100 billion or more as gains from derivatives and treasury bills trading in the 2018 financial year. The bank has consistently made trading gains in the last few years rising from N20 billion in 2016 …
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