Old naira notes: CBN Governor, Emefiele honours Reps’ invitation
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
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
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
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, 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
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
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…
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