NUBIFIE pickets Polaris Bank over unjust sack of workers The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFE) on Tuesday protested at the head office of Polaris Bank in Lagos over unlawful sack of workers. With planks written:’ Respect Collective Bargaining rights of workers”, members and leaders of[Read More…]
A Federal High Court on Monday dismissed a suit seeking to compel anti-graft agencies in the country to arrest and prosecute the presidential candidate of the Peoples Democratic Party (PDP) in the 2023 poll, Atiku Abubakar. Justice James Omotosho held that the suit filed by the immediate past Minister of[Read More…]
Zenith Bank Plc Group Managing Director/Chief Executive Officer, Dr. Ebenezer Onyeagwu, has been honoured as the ‘Best Banking CEO of the Year in Africa’ in the International Banker 2023 Banking Awards. According to the Spring 2023 Issue of the International Banker Magazine, which published the award, Dr Onyeagwu was[Read More…]
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Federal Government to grant its members license to import petroleum after the deregulation of the sector. IPMAN National Public Relations Officer, Chief Ukadike Chinedu, made the call on Sunday during a press briefing in Lagos. Although he identified the[Read More…]
Polaris Bank, Nigeria’s leading digital financial institution, has restated its commitment to environmental sustainability in the country. The Bank’s commitment is coming on the heels of the 2023 World Environment Day observed yearly on June 5. The annual event is led by the United Nations Environment Programme (UNEP) which is[Read More…]
A letter from the Nigerian Civil Aviation Authority (NCAA) has revealed that the controversial national carrier, Nigeria Air has been unable to move on to phase two of the Air Operator Certificate certification procedure. Local airline operators had objected to the Federal Government’s delivery of the first Nigeria Air plane[Read More…]
Nigeria’s retail lender, Unity Bank Plc has posted a Profit Before Tax of N1.1 billion for its full-year results that ended Dec 2022, even as its gross earnings rose by 13.1% to N57 billion from N50.2 billion in the corresponding period of 2021. The Bank in its audited full-year financial[Read More…]
The President of the World Bank Group, David Malpass, has warned against the parallel exchange rate, stating that it impedes foreign investment, affects the bank’s projects, as well as worsens debt problems in countries like Nigeria. In a statement reported on Thursday, Malpass said the parallel rate is also associated[Read More…]
The Lagos Chamber of Commerce and Industry (LCCI), the premier chamber of commerce in Nigeria has commended the Federal Government’s removal of fuel subsidy as it will grow the country’s economy. Unfortunately, previous regimes had shied away from this grave but nation-building decision. It is, however, noteworthy that industry regulators[Read More…]
President Bola Ahmed Tinubu has appointed former governor of Benue state and immediate past minister of special duties, George Akume as secretary to the government of the federation (SGF). This was contained in a statement signed by Abiodun Oladunjoye, Director of Information at the Presidency on Friday. June 2. The[Read More…]
