The Alternative Bank Welcomes Gambian Delegation
The Alternative Bank Welcomes Gambian Delegation Nigeria’s largest ethical bank, The Alternative Bank (TAB) has taken steps to extend its reach beyond the shores of Nigeria with its hosting of an executive delegation from Banque Sahelo-Salarienne pour l’Investissement et le Commerce (BSIC), a Gambian bank. The two-week exchange program is to promote collaboration between the non-interest banking sectors of Nigeria and Gambia’s financial services sectors. TAB's Managing Director, Hassan Yusuf, announced that the four-member delegation fr…
Stanbic IBTC Asset Management named Asset Management Company of the Year 2023
Stanbic IBTC Asset Management named Asset Management Company of the Year 2023 Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings, has been recognised as the "Asset Management Company of the Year 2023" by Global Banking & Finance Review and as the "Best Asset Management Company, Nigeria 2023" and "Best Mutual Funds Provider, Nigeria 2023 by Global Brands Magazine. These awards celebrate Stanbic IBTC Asset Management's exceptional achievements, commitment, and dedication to providing its clients…
Forex: Dangote repatriates $687,977m from pan-African operations
Forex: Dangote repatriates $687,977m from pan-African operations Management of Dangote Industries Limited (DIL), have revealed that the company has so far repatriated over USD576,008,672.41 through various banks in Nigeria, in addition to a USD$111,968,109.38 cash swap arrangement between Dangote Cement Plc and Ethiopian Airlines; thus saving the same amount that would have been paid by the Central Bank of Nigeria (CBN). The company revealed this in a statement released to the media, where it accused BUA Group of sponsoring fake and misleading…
Fact-Checking the story: Polaris Bank loses N26bn loans granted to 6 ex-directors without collaterals
Fact-Checking the story: Polaris Bank loses N26bn loans granted to 6 ex-directors without collaterals By Olalere Ojedokun A report being syndicated by a section of online media with the title: Polaris Bank loses N26bn loans granted to 6 ex-directors without collaterals, made several claims in figures, interpretations and practices. Claim 1. POLARIS Bank has lost N26.005 billion worth of loans granted to 6 ex-directors, mostly without collaterals This claim is untrue, founded primarily on lack of understanding of accounting principles and…
Meet the Visionaries Behind 'The Busayo' - Shaping the Future of Fashion*
*Meet the Visionaries Behind 'The Busayo' - Shaping the Future of Fashion* 'The Busayo' is more than fashion; it's a lifestyle. We invite you to be part of this exhilarating journey as we redefine the future of usayo' is a fashion brand committed to reshaping the fashion industry through its unique blend of elegance and innovation. Founded by Babatunde Busayo Samson, the brand is devoted to crafting fashion pieces that inspire and empower individuals to express their unique style." We are thrilled to unveil 'T…
Dangote Group Accuses BUA of sponsoring False, Negative Reports against It
Dangote Group Accuses BUA of sponsoring False, Negative Reports against It Management of Dangote Industries Limited (DIL) has refuted allegations that it engaged in illegal foreign exchange deals, warning those peddling the allegation of economic sabotage against the company to desist from such underhand practices. PICTURE 1: L-R: Head, Social Performance, Dangote Cement Plc, Wakeel Olayiwola; Acting Group Chief, HSSE & Sustainability, Dangote Industries Limited, James Adenuga; Tutor General /Permanent Secretary, Education District …
BUA is sponsoring falsehood on forex deals, other lies against our brand-Dangote
BUA is sponsoring falsehood on forex deals, other lies against our brand-Dangote Management of Dangote Industries Limited (DIL) has refuted allegations that it engaged in illegal foreign exchange deals, warning those peddling the allegation of economic sabotage against the company to desist from such underhand practices. It gave the warning following claims in some sponsored reports in the online media, suggesting that the company is being probed for alleged illegal foreign exchange deals and money laundering by the Special Investigato…
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