LIVE UPDATES} #ImoDecides2023: Collation of results begin
{LIVE UPDATES} #ImoDecides2023: Collation of results begin Hope Uzodimma [APC], Athan Achonu [LP], and Samuel Anyanwu [PDP] Hope Uzodimma [APC], Athan Achonu [LP], and Samuel Anyanwu [PDP] The Independent National Electoral Commission has commenced the collation of results for the Imo State Governorship election. The PUNCH reports that the collation started at 2:40 a.m. on Sunday. The process is headed by the returning officer, Professor Abayomi Fasina, the vice-chancellor of the Federal University in Oye, Ekiti Below are the results announce…
Subsidy removal has reduced e-hailing demand – Bolt country manager
Subsidy removal has reduced e-hailing demand – Bolt country manager Country Manager, Bolt Nigeria, Yahaya Mohammed, speaks with JUSTICE OKAMGBA on some of the challenges confronting the e-hailing industry, and how the company has been tackling unethical offline practices among drivers What is the future of e-hailing business in Nigeria? We have got some competition, especially from other e-hailing companies but then, Nigeria is a massive market. And it is consistently growing, especially in the urban population. Hence, the demand for transport…
Verdant Zeal CEO, Olugbodi to Deliver OOU Faculty Lecture In November
Verdant Zeal CEO, Olugbodi to Deliver OOU Faculty Lecture In November Dr. Tunji Olugbodi, the Executive Vice Chairman of Verdant Zeal Group, has been invited to speak as a guest lecturer at the Faculty of Social Science s of the Olabisi Onabanjo University. The lecture, which is scheduled to take place at the Otunba Gbenga Daniel Hall (OGD) on November 16, 2023, is a testament to the University's dedication to providing its students with real-world insights and fostering connections between academia a…
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…
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