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 shareholders of one of Africa’s fastest growing companies, Sterling Bank, have commended the board of directors, executive management and staff of the bank on its remarkable financial performance for the 2022 year, resulting in a recommendation of dividends of 15 kobo per ordinary share; a fifty percent increase from[Read More…]
… Commend Partnerships and bundled investment initiatives Nigeria’s leading Retail Bank, Polaris Bank has announced the launch of its exclusive banking product aimed at serving its High Net-worth Individuals (HNIs) seeking innovative investment options in challenging economic times. The unveiling which took place in Ikoyi, Lagos, on Tuesday[Read More…]
The Central Bank of Nigeria (CBN) has debunked a report by a national daily that it has devalued the naira to N631 per dollar at the Importers and Exporters’ (I&E) window. A top official of the apex bank, who told this medium that the report is completely false , warned[Read More…]
WhiteBIT, one of the leading European cryptocurrency exchanges, has announced its official launch in Nigeria. The launch in a release, signals a significant milestone in expanding it’s global presence. According to the company, it’s decision to open a representative office in Nigeria supports its goal of making blockchain technology widely[Read More…]
