Business

Union Bank Advocates for Environmental Restoration; Commemorates World Environment Day

  Union Bank Advocates for Environmental Restoration; Commemorates World Environment Day     Union Bank, one of Nigeria’s foremost financial institutions, has reemphasised the need to preserve and restore the global habitat through sustainable environmental practices.   This clarion call was made during an event organised in partnership with the[Read More…]

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Dangote says $2.4bn borrowed to fund refinery repaid

Dangote says $2.4bn borrowed to fund refinery repaid   Aliko Dangote, Africa’s richest person, says he has repaid about $2.4 billion of the $5.5 billion borrowed to build his $19 billion refinery. Speaking at the Afreximbank annual meetings (AAN) and AfriCaribbean Trade and Investment Forum in Nassau, The Bahamas, on[Read More…]

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NNPC asks withdrawal of suit challenging ExxonMobil-Seplat deal

  NNPC asks withdrawal of suit challenging ExxonMobil-Seplat deal     The Nigerian National Petroleum Company (NNPC) Limited has filed a motion in a federal capital territory (FCT) high court, seeking to discontinue its ongoing suit against the Nigerian subsidiaries of ExxonMobil and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). On[Read More…]

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Sterling Bank Implements Blockchain Solution for SPPG

  Sterling Bank Implements Blockchain Solution for SPPG Sterling Bank, a leading financial institution committed to driving innovation and progress, has partnered with the School of Politics, Policy, and Governance (SPPG) to revolutionize credential verification through blockchain technology. This collaboration marks a significant milestone in enhancing the efficiency, security, and[Read More…]

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Afreximbank supports Fidelity Bank’s acquisition of Union Bank UK with $40m

Afreximbank supports Fidelity Bank’s acquisition of Union Bank UK with $40m Afreximbank said it has disbursed 40 million dollars Intra-African Investment Facility to Fidelity Bank Nigeria Plc to support Fidelity Bank’s acquisition and recapitalisation of Union Bank United Kingdom.   A statement issued by Mr Vincent Musumba, Manager, Communications and[Read More…]

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