Lagos, (Nigeria), 11 October 2022 – First Bank of Nigeria Limited has partnered with Junior Achievement Nigeria to implement the 22nd National Company of the Year (NCOY) competition which will be held on Thursday, 13th October 2022. The annual flagship event which was last held physically in 2019 will bring …
Read More »Tech startups hopeful as FG assures investment in e-commerce
Tech startups in Nigeria are hopeful for expansion following the government’s plan to increase investments to $75 billion revenue target by 2025. The Minister of Industry, Trade and Investment Otunba Niyi Adebayo at the recent stakeholders’ meeting on E-commerce and Digital Trade Policy for Nigeria stated that the inherent opportunities …
Read More »Dangote: Our acquisition of Obajana Cement plant followed Due Process
*Obajana Cement PLC was incorporated in 1992 and as at 2002 had no paid up shares * Kogi State has no equity interest in Obajana Cement Plc * The plant and machinery were conceived, designed, procured, built, and paid for solely by DIL, well after it acquired the shares in Obajana Cement …
Read More »Standard Chartered Bank fraud: Court adjourned till January 19 for trial of suspects to commence
The presiding Judge of Federal high court sitting in Lagos south west Nigeria, Justice Peter Lifu has adjourned till 19th of January,2023, for the trial of four accused persons alleged to have defrauded Standard Chartered Bank to the tune of N223,865,708.08 to commence. According to four count amended charge …
Read More »FirstBank: A triumphant Return to the Nigerian Banking Frontline
The story of Corporate Nigeria in 2022, cannot be complete without a chapter on the incredible performance of First Bank of Nigeria Limited, which saw the hitherto encumbered bank now returning to the top of the ladder of the Nigerian banking industry, amid a harvest of international laurels, writes Festus Akanbi …
Read More »Stanbic IBTC Supports Digital Trade Payment Solution with First Outbound PAPSS Transaction
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, completed the first outbound and inbound transaction on the Pan-African Payment and Settlement System (PAPSS) platform in Nigeria. PAPSS, the centralised Financial Market Infrastructure (FMI) that supports payment arrangements with the objective of expanding pan-African trade and driving African Central …
Read More »Stanbic IBTC Explores Avenues To Achieve Net Zero Emissions
Stanbic IBTC Holdings, a member of Standard Bank Group, resolved to explore avenues to achieve net zero emissions by 2050, with the hope to create a more sustainable future for all. The organization had since embarked on several laudable initiatives to meet the commitment. As described by the United Nations, …
Read More »Keystone Bank employees enroll 40 youths in digital skills training programme
Employees of Keystone Bank Limited recently empowered 40 Nigerian youths by enrolling them on a digital skills training programme. The beneficiaries who are university undergraduates, National Youth Service Corps members and fresh graduates were impacted with digital skills consisting of web development, designs and digital marketing. They underwent a 6-week …
Read More »Polaris Bank announces New ‘Save & Win’ Promo, commits Millions of Naira in Prize Money to Nigerians
Polaris Bank has commenced a nationwide savings campaign tagged: Polaris ‘Save & Win’ Promo to give away Millions of Naira in cash rewards to its loyal and prospective customers who would partake and emerge winners in the promo. Four millionaires will emerge alongside 4,379 Nigerians who will be rewarded …
Read More »DANGOTE NOT INVOLVED IN KOGI ASSEMBLY FIRE OUTBREAK-MGT
Our attention has been drawn to a circulating Press Statement issued by the Kogi State Government, wherein the Dangote Group was accused of allegedly sponsoring arsonists to set the Kogi State House of Assembly on fire in the early hours of Monday, October 10, 2022. The statement titled, ‘Obajana: Desperation sets …
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