The management of Access Bank Plc has debunked and denied allegations circulating on social media concerning a purported ₦500 million missing fund. The Bank responded to allegations by social media activist VeryDarkMan regarding an inheritance dispute involving an alleged ₦500 million fund belonging to a late customer. The bank[Read More…]
The Aké Arts and Books Festival has kicked off with a bang, bringing together literature lovers, artists, and creatives from across Africa and beyond. At the heart of this vibrant celebration is Sterling Bank, which has served as a dedicated headline sponsor for eight consecutive years, playing a key[Read More…]
Leading financial institution, Fidelity Bank Plc, has announced that it will be giving out N159 million to lucky customers in its recently launched Get Alerts in Millions Season 6, (GAIM 6) promo. Speaking at the press conference to kick off the promo at the bank’s Lagos head office, Executive[Read More…]
A former Minister of Petroleum, Diezani Alison-Madueke, has sought to amend her suit before Justice Inyang Ekwo of the Federal High Court Abuja, challenging the order obtained by the Economic and Financial Crimes Commission (EFCC) for final forfeiture of her seized assets. At the Resumed hearing, no[Read More…]
Nigerian Coalition of Civil Society Organisations (NICOCSO) has called on Nigerian National Petroleum Company Limited (NNPCL) to render an account of the 20 billion US dollars allegedly spent for the repair of refineries since 2007. The News Agency of Nigeria (NAN) reports that the call came amidst a threat[Read More…]
Nigerians woke up today to another round of increase in the pump price of petrol as filling stations operated by the Nigerian National Petroleum Corporation (NNPC) Limited increased the pump price of fuel to N1.030 per lite in Abuja and N991 per litre in Lagos. Consequently, transport costs[Read More…]
A student of The Ambassadors’ College, Ota, Ogun State, Miss Iremide Ogunyemi, has won N2 million cash, a publishing deal worth N2 million and another N2 million to upgrade her school’s library after emerging the star prize winner of the inaugural edition of the Fidelity Bank organized Read2Lead[Read More…]
Two Federal Government of Nigeria (FGN) bonds have been offered for subscription in October at N1,000 per unit. A Debt Management Office (DMO) statement said the first offer is a two-year FGN savings bond due on Oct. 16, 2026, at an interest rate of 17.084 per cent per[Read More…]
Polaris Bank partners UI, NCF on environmental conservation, tree planting Polaris Bank Limited has collaborated with the University of Ibadan (UI) and the Nigerian Conservation Foundation (NCF) on environmental conservation through a tree planting initiative. This was disclosed during a courtesy visit to the UI Vice Chancellor, Prof. Kayode[Read More…]
The Central Bank of Nigeria has introduced an Electronic Foreign Exchange Matching System, (EFEMS) aimed at transforming the country’s foreign exchange market. This new system is set to be operational in the Nigerian Foreign Exchange Market by 1 December 2024, following a two-week test run scheduled for November.[Read More…]
