" Educating Every Nigerian Child Our Priority – Stanbic IBTC Trustees" Stanbic IBTC Trustees Limited, through the Stanbic IBTC Education Trust (SET), has made assisting Nigerian parents and guardians secure their children and ward’s academic future one of her top priorities. SET is a flexible and easy investment plan with long-term benefits that support parents and guardians striving to provide quality education for their children and wards. With SET, parents and guardians can ensure the payment of their children and wards scho…
Suspected Kidnapper Nabbed While Clubbing in Delta A suspected kidnapper has been arrested by operatives of the Delta State Police Command at a club in Udu, Udu Local Government Area of the state. The suspect, it was gathered, was in the club with a member of his gang “grooving” when the police stormed the area and apprehended him while his colleague narrowly escaped. The state Police Public Relations Officer (PPRO), DSP Bright Edafe, confirmed yesterday that the suspect was arrested last Thursday in the club. He disclosed that the Divisional …
Old naira notes: CBN Governor, Emefiele honours Reps’ invitation Central Bank Governor, Mr. Godwin Emefiele is currently seated before the House of Representatives adhoc committee on cashless policy. Recall that the House had last week invited Emefiele and the chief executive officers of commercial banks in the country. Emefiele could not however appear due to his foreign trip with President Muhammadu Buhari to Dakar, Senegal. Against the background, the House at plenary last week Thursday threatened to invoke the relevant sections of the law …
UBA gets first female Africa CEO The United Bank for Africa Plc has appointed Ghanaian national, Mrs. Abiola Bawuah, as its Africa new Chief Executive Officer. According to a statement, Bawuah will oversee the bank’s operations across Africa, excluding Nigeria. She is the first female CEO of the UBA Africa and her appointment demonstrates the bank’s commitment to diversity. Bawuah’s appointment brings the number of female directors across the UBA Group to eight, a report by Nairametrics says. Before her appointment as the bank’s Africa CEO…
Debts upon debts! Supreme Court rules against Honeywell Flour, as firm struggles with N67.02bn loans Ten months after Flour Mills of Nigeria (FMN) acquired a majority stake in Honeywell Flour, the former is on the verge of losing some assets owned by the latter to Ecobank. Ripples Nigeria had reported that Flour Mills acquired a 76.75 percent stake in Honeywell through its sister companies, Ecowise Horizon Investment Limited and Creywise Investment Solution Limited in April 2022. However, prior to the acquisition, Ecobank and Honeywell …
Dangote emerges as Vanguard’s personality of the year Management of Vanguard Newspapers over the weekend bestowed the honour of “Personality of the Year” on the President of Dangote Group, Aliko Dangote. DSC 6947; L-R; Secretary to Akwa- Ibom State Government,(SSG) Dr. Emmanuel Ekuwen, Represent the State Governor, Emmanuel Udom, Delta state Deputy Governor, Barrister Kingsley Otuaro, Representing the State Governor, Ifeanyi Okowa, Oyo State Governor, Engr. Seyi Makinde, Chairman of Occasions, Mrs. Ajoritsedere Awosika, President/CE, Dan…
Ecobank Ellevate, Ananse Africa, Mastercard Foundation Partners; Train Fashion Entrepreneurs in Nigeria Ecobank Ellevate has partnered Ananse Africa and MasterCard Foundation to train fashion entrepreneurs and creatives in Nigeria. Ecobank Ellevate is a proprietary service offering designed for businesses owned by women, managed by women and those with a high percentage of female board members or employees, as well as companies manufacturing products for women. Head, Consumer Banking, Ecobank Nigeria, Korede Demola-Adeniyi, in her welcom…
8th Access Bank Lagos City Marathon: Volunteer Services embark on training In a bid to ensure effective and efficient Volunteer Services befitting of a Gold-Label race, Head of Volunteer Services, Access Bank Lagos City Marathon, Mr. Ebidowe Oweife, will today coordinate the training of all those Nigerians recruited to serve as Volunteers at the 8th edition of the race. Ebidowei, who is also the Chief Operating Officer, Nilayo Sports Management Limited, the race organisers, noted that, the retraining of the volunteers becomes necessary becau…
CBN, NIBSS UNVEIL ‘AFRIGO’ THE NIGERIAN NATIONAL DOMESTIC CARD SCHEME The Central Bank of Nigeria today officially unveiled the Nigerian National Domestic Card Scheme - AFRIGO, in conjunction with the Nigeria Inter-Bank Settlement Systems (NIBSS) Plc, the Bankers Committee, and other financial ecosystem stakeholders. Afrigo card is operated by AfrigoPay Financial Services Limited (AFSL), a national domestic card scheme duly licensed by the Central Bank of Nigeria. The Nigerian National Domestic Card Scheme is a robust in-country schem…
Fidelity Bank Wins Best SME Bank Nigeria At Global Banking & Finance Awards 2022 Like a shinning light,beaming the dazzling bright light, Leading financial institution, Fidelity Bank Plc, has been announced as the 2022 Best SME Bank in Nigeria by the Global Banking & Finance Review at its Annual Global Banking & Finance Awards which held in London, UK recently. Global Banking & Finance Review is the leading online, digital, and print magazine for the banking and financial sector. The website receives over 7 million page …
EXCLUSIVE: Benin Republic Government Employs Sunday Igboho, Pays Him Heavily To Fight Yorubas Yoruba Nation agitator, Sunday Igboho may be unable to come to Nigeria for now because he has been confined in Benin Republic but we have it on good record that He is living larger than he was before his arrest at Benin Republic airport. Many may sympathize with him but this publication understands that his arrest was nothing but a huge blessing in disguise; little wonder he isn’t making plans to return home other than making statements that he will…
Stanbic IBTC Pension Managers Limited Did Not Defy Pencom’s Directive on Gifts Our attention has been drawn to publications by some unguarded sections of the media wherein certain unfounded, incorrect, and defamatory assertions are being peddled about Stanbic IBTC Pension Managers. The alleged falsehoods stated that Stanbic IBTC Pension Managers continued to offer incentives to Retirement Savings Account holders contrary to the directives issued by the National Pension Commission (PenCom) in a bid to retain their accounts and win over acco…
CBN , NIBSS SET TO TRANSFORM THE AFRICAN PAYMENT ECOSYSTEM WITH THE BRAND UNVEIL OF DOMESTIC CARD SCHEME The Central Bank of Nigeria announced in 2022 that it will be launching a National Domestic Card Scheme in conjunction with the Nigeria Inter Bank Settlement Systems (NIBSS) Plc, the Bankers Committee and other financial ecosystem stakeholders. The new Domestic Card Scheme is a robust in-country Scheme tailored to address the specific requirements of Nigeria’s payment industry and provide innovative offerings tailored to the Nigerian ma…
Over 50 Million Naira Up for Grabs in the Upcoming Union Bank Save & Win Palli Promo Finale and UnionKorrect Draws Lagos, Nigeria - Following a six-month successful run, the second edition of Union Bank’s Save & Win Palli Promo is finally coming to an exciting conclusion. The grand finale event, which is set to hold on January 27th, 2023, at the bank’s Head Office in Marina, Lagos, will reward over 300 lucky customers with cash prizes worth over 40 million naira and other exciting consolation prizes. In addition, one lucky customer …
Buhari Appoints Ex-IGP Arase Police Service Commission Chairman Former IGP, Solomon Arase President Muhammadu Buhari has appointed Solomon Arase, a former Inspector-General of Police (IGP), as the Chairman of the Police Service Commission (PSC). The appointment is subject to the confirmation of the senate. In a letter at plenary on Tuesday, Senate President Ahmad Lawan based his request on Sections 153 (1) and 154 (1) of the constitution as amended. If confirmed, Arase will succeed Musiliu Smith, also a former IGP. Smith resigned und…
BREAKING: CBN refuses to extend deadline for old naira notes The Central Bank of Nigeria (CBN) has foreclosed the possibility of extending or shifting the deadline on the deposit of the old naira notes. CBN Governor Godwin Emefiele apologised to Nigerians for not extending the deadline but stated that 100 days from when the announcement was made to the expiration date was enough for Nigerians to deposit their old notes. He assured Nigerians that the ongoing sensitisation will continue after the 31st of January, 2023 deadline. The apex bank sai…
Youths beat mentally-ill man for destroying 4 ATM machines in Ondo A mentally derailed man was beaten up by angry youths in Ore Area, Odigbo Council Area of Ondo State, for allegedly destroying four Automated Teller Machines and ATMs in an old generational bank. It was gathered that victims, around 7 pm on Monday, stormed the banks and destroyed them one after the other. Eyewitness account said ” the whole incident looked funny, the madman, just went to the banks, one after the other and destroyed them. " The banks were located close to e…
Union Bank Reiterates Support for Small Businesses at BusinessDay Top 100 SME Conference From L-R Linda Ochugba, Digital Sales Manager, BusinessDay Media; Ayokunnumi Abraham, Head, Small & Medium-sized Enterprises (SME) Products & Segments Union Bank; Frank Aigbogun, Publisher/CEO, BusinessDay Media; Olufunmilola Aluko, Head, Corporate Communication & Marketing, Union Bank; and Chima Nwaubani, Brand Manager, Union Bank at the BusinessDay Top 100 Fastest Growing SMEs Conference recently held in Lagos, Nigeria., Nigeria – Leading …
Shobanjo, Ahmad, Awosika, Babaeko, Others Stimulate Conversation at AT3 Resources’ One-Week Digital Marketing Bootcamp for SMEs L-R: Dr. Biodun Shobanjo, Chairman Troyka group; Tosin Adefeko MD, AT3 Resources and Ugochukwu Obi-Chukwu, Founder, Nairametrics at the AT3 Resources Digital Marketing Bootcamp for SMEs organised by AT3 Resources to celebrate her 5th year Anniversary in Lagos, Nigeria. Lagos, Nigeria – 23th January 2023: AT3 Resources, Lagos-based communication and events consultancy on Friday 20th, January concluded its week-l…
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