First Trust Mortgage Bank in Property Scam Mess As Displaced Renaissance Homeowners Lament Ordeal …Demand N4 Billion Compensation Embattled members of the Renaissance Homeowners and Residents Association who were ejected from their houses by a Supreme Court order in Rivers State are demanding compensatory actions from the initiator of the housing scheme, First Trust Mortgage Bank Plc, formerly known as FBN Mortgage Bank Plc (a subsidiary of First Bank Plc) for selling properties with defective titles to them. Residents of the Renaissance Ho…
FirstBank UK Adopts Bloomberg TOMS to Optimize Fixed Income Workflow London, 28 November 2023 — Bloomberg announced today that FirstBank UK Limited (FirstBank UK), the UK subsidiary of First Bank Nigeria Limited, the premier West African bank, has adopted Bloomberg’s Trade Order Management System (TOMS). By integrating TOMS into its workflow, FirstBank UK will have access to a comprehensive suite of data and analytics, communications, as well as order and execution management solutions, enabling it to streamline its fixed income bonds b…
Japa: FG approves Lagos Speaker Receives ANAN President, Charges Members On Integrity of 200 doctors, nurses for Ogun hospital The Federal Government has approved the recruitment of 200 medical and clinical staff at the Federal Medical Centre, Idi-Aba, Abeokuta, Ogun State. The recruitment, it was gathered, is part of the government’s efforts to replace health workers who have migrated to foreign nations from the FMC in Abeokuta in recent times. Our correspondent reports that the approval to employ the new staff was contained in a letter f…
Osun Development Association (ODA) Honours Oyetola, Lagbaja, Adeniyi …. Inducts 14 new members The Osun Development Association (ODA), a distinguished assembly of non-partisan Osun State elders, thought leaders, technocrats, and professionals, honors three prominent indigenes of the State for their outstanding contributions and service to the State and nation. PHOTO CAPTION: L-R; Vice Chairman Osun Development Association(ODA) and Chairman Planning Committee, Dr. Tunji Olugbodi; Aide to the Honourable Minister of Marine and Blue Econo…
Polaris Bank Signs Up To PAPSS To Empower Customers To Make Payments Across Africa Polaris Bank, Nigeria’s leading digital retail Bank, has enrolled in the Pan-African Payment and Settlement System (PAPSS). The cross-border financial infrastructure empowers the Bank’s existing and potential customers to execute trade and payments across Africa seamlessly. The inter-African trade payment gateway is a solution designed to empower those who trade international within African continent, with streamlined, efficient, and secure payment processes. …
Full list of directors, deputies, others redeployed to new ministries, agencies No fewer than 135 directors, deputy directors, assistant directors, and other officials in the Federal Civil Service have been redeployed to new ministries, departments, and agencies. Details of the redeployment of the affected 135 civil servants were contained in a memo by the Office of the Head of Civil Service of the Federation dated November 30, 2023. The memo, which was tagged “HCSD/CMO/EM/CPA/908/III/154,” was addressed to Chief of Staff to the President, F…
Stanbic IBTC Bank Nigeria PMI: Output falls for second month running as inflationary pressures remain elevated Companies in Nigeria continued to be negatively impacted by strong inflationary pressures in November, with new orders and output both falling as customers were either reluctant or unable to pay higher charges. Purchase prices rose at the fastest pace in almost two years amid exchange rate weakness and higher costs for fuel and materials. The headline figure derived from the survey is the Stanbic IBTC Purchasing Managers’ Index™…
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