Union Bank and BFREE Forge Strategic Partnership to Revitalize Loan Portfolios
Union Bank and BFREE Forge Strategic Partnership to Revitalize Loan Portfolios Lagos, Nigeria — Union Bank of Nigeria and BFREE, a cutting-edge German-Nigerian FinTech firm, have signed a Memorandum of Understanding (MOU). This agreement signifies a joint commitment to addressing economic challenges and revitalising distressed loan portfolios in Nigeria. This MOU was formalised during the German-Nigerian Business Forum in Berlin on November 21, 2023. Under the terms of the MOU, BFREE, in conjunction with its international financing partners, w…
ZENITH BANK SIGNS MOU WITH THE FRENCH GOVERNMENT TO ESTABLISH A PRESENCE IN FRANCE
ZENITH BANK SIGNS MOU WITH THE FRENCH GOVERNMENT TO ESTABLISH A PRESENCE IN FRANCE Zenith Bank Plc has signed a Memorandum of Understanding (MoU) with the French Government to establish a subsidiary of Zenith Bank Plc in France. The MoU, which was signed by the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, and the French Minister for Trade, Attractiveness and French Nationals Abroad, Mr. Olivier Becht on Friday, November 24, 2023, will enable Zenith Bank, through its wholly owned subsidiary, Zenith Bank (UK) Limited, to seek and sec…
![BREAKING: Tinubu appoints new board, management team for NNPCL [Full list]](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh9qSqstn-8gYe91NKNrI2I1C2sJZj0AvLSS5CFCRK_jDXdT4Ds0AWKAsRGCb1-OsfHN_aDp3wLlWV-ElV9ChDKFhEm5HLU9Qo2LfGp-NF1H0QQe04ScTkAXbrBUizxKG6wRkooS54ZQe5VCPrleqTwHVDctE87Uyl76QJU6BN6d3hvapVXhVRLX2N92EM/w640/tinubudd-1024x577.webp)
BREAKING: Tinubu appoints new board, management team for NNPCL [Full list]
BREAKING: Tinubu appoints new board, management team for NNPCL [Full list] President Bola Tinubu has approved the appointment of a new board and management team for the Nigerian National Petroleum Company Limited (NNPCL) with effect from December 1, 2023: The composition is as follows: Chief Pius Akinyelure — Non-Executive Board Chairman Mallam Mele Kolo Kyari — Group Chief Executive Officer Alhaji Umar Isa Ajiya — Chief Financial Officer Mr Ledum Mitee — Non-Executive Director Mr Musa Tumsa — Non-Executive Director Mr Ghali Muhammad — Non-Exe…
ZENITH BANK LIGHTS UP AJOSE ADEOGUN STREET FOR YULETIDE SEASON
ZENITH BANK LIGHTS UP AJOSE ADEOGUN STREET FOR YULETIDE SEASON In a splendid display, Zenith Bank heralded the Christmas and Yuletide seasons with the Light-Up of Ajose Adeogun Street and Roundabout, Victoria Island, Lagos, on Saturday, 25 November 2023. The Light-Up ceremony was performed by the Group Managing Director/CEO of Zenith Bank Plc, Dr. Ebenezer Onyeagwu. This year's Light Up Ceremony, the 17th of its kind, is a Corporate Social Responsibility initiative by Zenith Bank. The Christmas decoration is a Corporate Social Responsibili…
POLICE ARREST MASTERMIND BEHIND DANGOTE-CEMENT-PRICE-SLASH SCAM
POLICE ARREST MASTERMIND BEHIND DANGOTE-CEMENT-PRICE-SLASH SCAM The Lagos State Police Command has arrested one Benjamin Ezeukwe aged 28 for masterminding and fleecing hundreds of innocent Nigerians in an elaborate cement-price-slash scam. Benjamin was arrested on October 19, 2023 in Rumuolumeni area of Obio/Akpor local government area of Rivers State following weeks of intensive investigation by officers of Area A Command of the State Command. Found in his possession were one Tecno phone, one IPhone, three SIM cards including that of 08039691…
Father of three allegedly tortured to death by Ogun Police over refusal to pay bribe
Father of three allegedly tortured to death by Ogun Police over refusal to pay bribe A father of three, Seyi Oduyiga, has been allegedly tortured to death by the men of the Ogun State Police Command in their custody over allegations of his involvement in cultism. It was gathered that the victim was arrested by the police in a raid on 18th November, around 5:00pm, when, according to his family members, he went to charge his phone. It was further gathered that, upon the arrest, the deceased and others were taken to Awolowo police station in Sa…
Experts hail CBN’s planned recapitalisation of banks
Experts hail CBN’s planned recapitalisation of banks Two financial experts have commended the Central Bank of Nigeria for its plan to further recapitalise Deposit Money Banks. They gave the commendations in separate interviews with the News Agency of Nigeria on Sunday in Ota, Ogun. It was reported that Mr Olayemi Cardoso, the CBN Governor, had on Friday at the 58th Annual Bankers’ Dinner organised by the Chartered Institute of Bankers of Nigeria in Lagos, said the apex bank was planning a new round of recapitalisation for the commercial bank…
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