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Dry Ports facilities: Buhari warns Customs, others

President Muhammadu Buhari on Thursday inaugurated the Kaduna Inland Dry Port and warned the Nigeria Customs Service and port officials against frustrating the effective use of the facilities....

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Buhari inaugurates locomotives, coaches for Abuja-Kaduna rail

President Muhammadu Buhari has inaugurated two locomotives and 10 standard gauge coaches in Kaduna, saying his administration is committed to strengthening the nation’s railway system in order to boost...

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Union Bank’s Rights issue records 120% subscription

COMFORT EKELEME Union Bank of Nigeria Plc has said the bank successfully raised N49.7 billion through a rights issue which closed on October 30, 2017 with subscriptions recorded at 120 per cent. The...

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Business profit, consumer income to grow in 2018 – FSDH

FSDH, a financial research firm in Nigeria, Monday predicted an unprecedented business profit and consumer income growth in the country in 2018 than 2017. FSDH said in a report in Lagos that its...

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CBN threatens to sanction banks

The Central Bank of Nigeria (CBN) ​on Monday threatened to impose N10,000 daily fine on banks and other electronic payment service providers that fail to renew its operating licence within the...

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Back to School: FirstBank rolls out bouquet of educational solutions for schools

Ugo Amadi It is the beginning of another school term and as students return to school after the long holidays, First Bank of Nigeria Limited is in its usual style supporting schools with their...

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Nicademia unveils kiddies educational tablets

UGO AMADI The nation’s educational sector, has received a major boost, as an online distribution platform for African-inspired animations and cartoons , Nicademia has unveiled the first Nigerian...

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BREAKING: Sterling Bank appoints Abubakar Suleiman as new M D

Sterling Bank Plc has appointed Abubakar Suleiman as its new managing director.In a notice signed by its Chairman, Asue Ighodalo, to the Nigerian Stock Exchange (NSE) yesterday in Lagos, Sterling Bank...

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First Bank’s N15bn educational loan excites shareholders

COMFORT EKELEME Shareholders of First Bank Plc have commended the decision of the bank to set aside N15 billion educational  loan facility for schools in Nigeria to enhance preparation for the...

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UN appoints Adeosun into pension fund investment committee

The United Nations has appointed Minister of Finance, Mrs Kemi Adeosun into the Investments Committee of the United Nations Joint Staff Pension Fund (UNJSPF). In a statement issued by the Adeosun’s...

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FG invests N2.8 trillion on roads- Director

The Federal Government is undertaking various road projects worth N2.8 trillion across the country,  Mr Chukwunwike Uzo, the Director of Highways, Planning and Development, Federal Ministry of Power,...

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InterContinental exits Nigeria over debt fallout with partners

COMFORT EKELEME with agency report InterContinental Hotels Group (IHG’s) Plc is withdrawing from Nigeria four years after it opened its first site in Africa’s most populous country following a...

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UBA Revolutionises eBanking, Introduces Leo, Chat banking personality on...

Lagos, Nigeria, January 11, 2018; Pan-African financial institution, United Bank for Africa (UBA), has today, changed the face of e-banking with the introduction of Leo, the UBA Chat Banker who enables...

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FirstBank PLAS: Unlocking the wealth in salary account

COMFRORT EKELEME Group Head, Products & Marketing Support, FirstBank, Mr. Abiodun Famuyiwa, has affirmed that FirstBank “salary account holders  can access up to N30 million to help them pursue...

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NSE reviews 2017 market performance, gives outlook for 2018

COMFORT EKELEME The Nigerian Stock Exchange (NSE) Tuesday held its 2017 Market Recap & Outlook for 2018. This annual event is a forum for the Chief Executive Officer of NSE, Mr. Oscar Onyema, to...

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Red Cross, Tony Elumelu Foundation partner to empower 200 Nigerian entrepreneurs

The International Committee of the Red Cross (ICRC) and the Tony Elumelu Foundation (TEF) has signed a memorandum of understanding to empower 200 entrepreneurs from Nigeria’s North East and Niger Delta...

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Access Bank approves paternity leave for male employees

COMFORT EKELEME Starting January 2018, male employees of Access Bank Plc can take advantage of an enhanced parental leave policy that extends paid benefits to all mothers and fathers. Fostering an...

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Glo has not acquired 9Mobile

Telecommunications giant, Globacom, has distanced itself from media reports which insinuated that it was the preferred bidder to acquire 9Mobile, a telecommunications company. A press statement issued...

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FirstBank internet banking, upgraded with exciting features to promote...

In order to maintain its leading edge in banking technology, First Bank of Nigeria Limited has upgraded its Internet Banking Solution, FirstOnline, with improved features to promote and safeguard the...

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20 years of Cowbellpedia: Promasidor raises cash prize to N2m

KAYODE AJIBOYE Promasidor Nigeria Limited, makers of Cowbell Milk, has announced the doubling of the cash prize for winner of the Cowbellpedia Secondary Schools Mathematics TV Quiz show to two million...

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