Senate approves Aminu Maida as Executive Vice Chairman NCC The Senate has approved the appointment of Dr. Aminu Maida as the Executive Vice Chairman of the Nigerian Communication Commission (NCC). This came after Sen. Bilbis Ikra (APC-Zamfara), the chairman of the Committee on Communication, presented its report, which was then[Read More…]
Oando Secures $800m Afreximbank Commitment For Agip’s Assets Acquisition Oando Plc has signed a $800m loan deal with the African Export and Import Bank at the ongoing Intra-African Trade Fair in Cairo, Egypt. Signed on Tuesday, the deal was to facilitate the energy giants acquisition of 100 per cent[Read More…]
Tinubu Secures Multi-billion Dollar Infrastructure Funding From Islamic Bank President Bola Tinubu has pledged commitment to secure a multi-billion dollar infrastructure finance facility from Islamic Development Bank to fund a multi-sectoral portfolio of Infrastructure projects. The discussion took place after President Tinubu’s return from evening prayers on Monday night,[Read More…]
CBN says N100, N200, N1000 Banknotes remain Legal Tender indefinitely The Central Bank of Nigeria on Tuesday said that the old N100, N200, N1000 banknotes will remain a legal tender indefinitely. The Apex bank extended the Naira notes beyond the December 31, 2023 deadline issued by the former CBN[Read More…]
Five Millionaires emerge in Polaris Bank’s ongoing ‘Save & Win’ Promo Five lucky Nigerians at the weekend hit a fortune when they emerged Millionaires in the ongoing Polaris Bank Save & Win Promo. The live quarterly draw of the ongoing Polaris ‘Save & Win’ promo which took place at[Read More…]
Shareholders lauds Sterling Holdco performance, leadership Shareholders of Sterling Financial Holdings Company Plc have commended the board and management of the company for its performance in its operations and earnings, and the diversification of the group’s business lines since completing the transition to a holding company structure. A release[Read More…]
Ecobank Group Champions Intra-African Trade Growth at IATF 2023 Ecobank Group, the leading pan-African banking Group, has said it is positioned as the ‘go to’ bank for payments and trade in Africa. Eric Odhiambo, Group Executive, Corporate and Investment Banking, Ecobank Group who was speaking on the ongoing[Read More…]
Standard Chartered Bank invests over $1m towards Women in Tech Incubator Programme, Says Aderugbo The Woman in Tech, (WiT), Incubator Programme of Standard Chartered is a programme designed to help female Tech-preneurs identify, grow and bring to the market unique business ideas. Dayo Aderugbo, Head, Corporate Affairs, Brand and[Read More…]
MWUN begins Nationwide Strike over assault on NLC president, non payment of salaries The Maritime Workers Union of Nigeria (MWUN) will today, Tuesday 14, 2023, begin a nationwide strike over assault on NLC president, non payment of salaries, and non-compliance to national minimum wage. A statement sign by Head[Read More…]
Dangote refinery secures licence to refine 300,000bpd crude Africa’s richest man, Aliko Dangote, has said his refinery has secured a licence to refine more than 300,000 barrels of Nigerian crude per day and will begin to process gasoline soon. “We don’t want to start our refinery with foreign goods, we[Read More…]
