An Ikeja Special Offences Court on Wednesday dismissed the application filed by the embattled ex-Governor of Central Bank, Godwin Emefiele, challenging the jurisdiction of the court to hear his case. The Economic and Financial Crimes Commission (EFCC) had filed a 26-count charge against Emefiele, for alleged misuse of office,[Read More…]
As part of its commitment to fostering inclusivity, Fidelity Bank Plc has inaugurated the Bundles of Joy programme, a groundbreaking initiative aimed at creating supportive spaces and activities for children with special needs while addressing the psychological and emotional well-being of their parents and caregivers. The first session[Read More…]
The Nigerian National Petroleum Company Limited (NNPCL) has invited former president Olusegun Obasanjo to visit the rehabilitated Port Harcourt and Warri refineries and witness firsthand the progress made in bringing the ailing national assets back to life. The NNPCL stated that the rehabilitation done at the 60,000 bpd Port[Read More…]
… Distributes school essentials to 1,000 students across 10 public schools in 5 states Polaris Bank, in partnership with key stakeholders, has reaffirmed its commitment to combating the alarming rate of out-of-school children in Nigeria. Through its targeted interventions, the Bank has ensured continuous education for over[Read More…]
The Warri Refining & Petrochemicals Company (WRPC), has begun production at a capacity of 125,000 barrels per day. The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, made this known on Monday during a visit to the facility. Addressing a team[Read More…]
…cements capital raise with full regulatory approval Sterling Financial Holdings Company PLC has achieved another milestone with the approval of the Central Bank of Nigeria (CBN) recognising an additional ₦75 billion in its capital raise. This approval represents the final leg of the capital injection that[Read More…]
• Strengthens Banking Subsidiary’s Capital Position Beyond Regulatory Requirements Access Holdings Plc, has announced the successful conclusion of its Rights Issue, securing full regulatory approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC). The Rights Issue involved the issuance of 17,772,612,811 Ordinary[Read More…]
Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says Nigeria needs to invest 20 billion dollars to achieve the economic targets by 2027. Edun stated this during the citizens’ and stakeholders’ engagement on the implementation of presidential priorities and ministerial deliverables for the fourth[Read More…]
The National Bureau of Statistics (NBS) reported Nigeria’s headline inflation rate rose to 34.60 per cent in November 2024, a 0.72 percentage point increase from October’s 33.88 per cent. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for November, which was released in[Read More…]
United Bank for Africa (UBA) has donated the sum of N500 million to the Lagos State Security Trust Fund (LSSTF). The bank donated through the UBA Foundation, its corporate social responsibility arm, as part of its continued commitment to a secure environment for individuals and businesses. The[Read More…]
