Diamond Bank realized N1.8b growth from Mobile Banking in Q1 2018
COMFORT EKELEME Diamond Bank Plc said it recorded a growth in its mobile banking revenue from N1.2 billion in first quarter of 2017 to N1.8 billion in first quarter of 2018. The unaudited financial...
View ArticleZINOX attains Intel platinum status
UGO AMADI Zinox Technologies Ltd., foremost ICT Solutions company, has become the region’s first local Original Equipment Manufacturer (OEM) to achieve the status of Platinum Technology Partner by...
View ArticleHeritage Bank, CBN, ICC brainstorm on global trade operation systems
COMFORT EKELEME Heritage Bank Plc has hosted the May 2018 edition of the banking technique and practice meeting of the International Chamber of Commerce (ICC) Nigeria. The meeting held at the Victoria...
View ArticleBudgIT commends NNPC on plan to reduce gas flaring, asks for more transparency
COMFORT EKELEME BudgIT has urged the Nigerian National Petroleum Corporation (NNPC) to be more transparent in its operations, even as it applauds the corporation on the plan to end the prevalent but...
View ArticleOkpekpe Race: Organizers laud Ecobank support for youth development in Africa
The organizers of Okpekpe International 10 km Road Race, Pamodzi Sports Marketing, have lauded the consistent support of Ecobank Nigeria to the competition, saying the Bank has contributed immensely to...
View ArticleStanbic IBTC Bank urges SMEs to embrace Biz-Smart Account
COMFORT EKELEME Stanbic IBTC Bank Plc has called on all Small and Medium Enterprises (SMEs) in the country to embrace its newly introduced Biz-Smart Account to ensure adequate growth and...
View ArticleInflation slides to 12.48%
COMFORT EKELEME Recent data made available by the National Bureau of Statistics has shown that the Nigerian inflation rate has again slowed to 12.48 per cent in April from the 13.34 per cent recorded...
View ArticleNestlé launches global initiative, targets 50m children healthier lives by 2030
COMFORT EKELEME In its quest to help children lead healthier lives, Nestlé has announced its global “Nestlé for Healthier Kids” initiative. Coming on the United Nations International Day of families,...
View ArticleCBN urges Nigerians to treat Naira with care
Following the increasing rate of mutilated currencies, the Central Bank of Nigeria (CBN) has again urged Nigerians to handle the Naira with care, as it was a symbol of the nation’s identity and pride....
View ArticleRenaissance Capital holds investor conference in Lagos
Renaissance Capital, a leading emerging and frontier markets investment bank, opened its 9th Annual Pan-Africa 1:1 investor Conference in Lagos on Wednesday. This followed a bespoke investor trip to...
View ArticleMonthly IGR in Lagos now N34billion -Ashade … Says N50bn revenue target by...
…Receives N327m from 13% oil derivation The Lagos State Government on Monday said that it has so far achieved an average monthly Internally Generated Revenue (IGR) of N34billion in 2018 compared to...
View ArticleMany Nigeria bilateral agreements don’t encourage local development, says...
OBIORA IFOH, Abuja Chairperson, First Bank Of Nigeria, Mrs. Ibukun Awosika, on Tuesday took a swipe at the various bilateral agreements signed by the Nigerian government which encourage foreign...
View ArticleNNPC to redeem N2.1bn NPA debt this week
UGO AMADI All debts owed the Nigerian Ports Authority (NPA) by the Nigerian National Petroleum Corporation (NNPC) between 2017 to date, amounting to about 2.1 billion Naira for services rendered to the...
View ArticleAfrica contributes 2-3% gas emissions, suffers negative impact of climate...
COMFORT EKELEME President of African Development Bank (ADB), Akinwumi Adesina yesterday said that Africa contributes not more than 2-3 per cent of greenhouse gas emissions, but suffers...
View ArticleFAAC adds N24.5bn to Excess Crude Account, 2 years after
.Shares N701bn to FG, States, LGAs for April The Federation Account Allocation Committee (FAAC) has added the sum of N24.5 billion to the Excess Crude Account (ECA) after two years of non remittance to...
View ArticleNestle shareholders laud N21.79bn dividend payout, commend impressive result
COMFORT EKELEME Nestle Nigeria Plc shareholders, Tuesday in Lagos approved a final dividend of N21.79 billion recommended by the board of the company for the financial year ended Dec. 31, 2017. The...
View ArticleImpactHER trains women to scale up business, access institutional capital
COMFORT EKELEME A nonprofit organization, female centric organization, ImpactHER, has successfully concluded the training of female African entrepreneurs on how to access finance from corporate...
View ArticleSterling Bank unveils auto loan scheme to support business owners
COMFORT EKELEME Sterling Bank Plc, at the weekend partnered with Tata Africa Services Limited to unveil a revolutionary auto loan scheme which offers free spare parts and attractive discounts to...
View ArticleKeystone Bank’s PBT hits N3.72b in Q1
COMFORT EKELEME After many years in the doldrums and following its most recent acquisition by Sigma Golf – Riverbank consortium, indications are rife that the moves by the new management team at...
View ArticleFidelity Bank Shareholders approves N3.19b dividend payment
Shareholders of Fidelity Bank Plc weekend approved the dividend payment of N3.19 billion recommended by the bank for the financial year ended Dec. 31, 2017. The dividend translated to 11kobo per share...
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