Sovereign Trust profit appreciate by 352% Q3 2017
PRESS RELEASE —-sovereign Trust Insurance Plc has shown a consistent rise in its profitability after it records 352 per cent Profit After Tax (PAT) increase in third quarter 2017 According to...
View ArticleBreaking News: FG suspends DG SEC, Two others over allegations of financial...
Mounir H. Gwarzo BY NKECHI NAECHE—-The federal government through the Honourable Minister of Finance, Mrs. Kemi Adeosun, on Wednesday suspended the Director-General of the Securities and Exchange...
View ArticleTell European, African Leaders About Libya Slave Auction, SERAP Asks Buhari
Socio-Economic Rights and Accountability Project (SERAP) on Wednesday called on President Muhammadu Buhari to the plight of several Nigerians who are among Africans trapped in Libya. According to...
View ArticleBuhari Vows To Reduce Illegal Migration
Poised to end illegal migration, President Muhammadu Buhari on Wednesday vowed to reduce the number of Nigerians heading for Europe illegally and stem the tide of illegal migration by Nigerians....
View ArticleUBA Clinches PEARL, New Telegraph Awards for Impressive Performance
Kennedy Uzoka, GMD/CEO, UBA Plc Pan-African financial institution, United Bank for Africa (UBA) Plc, has continued to make waves and positive impact in the local and global financial industry...
View ArticleFCMB Group Plc: No ‘Legacy’ is so rich as Funding
At the start of the week, the management of FCMB hosted a conference call to review its nine-months 2017 result, provide guidance on outlook and update investors on its acquisition of Legacy...
View ArticleEcobank Nigeria Appoints Chief Risk Officer
Ecobank Nigeria has announced the appointment of Mr. Adebiyi Olagbami as an Executive Director and the Chief Risk Officer of the Bank effective November 15, 2017. Mr Olagbami has 25 years banking...
View ArticleHeritage Bank extends agent banking to Ogijo
Heritage Bank Plc has registered its presence in Ogijo in the Sagamu Local Government Area of Ogun State; with the commissioning of Dunmop Ventures as agent banking partner under the financial...
View ArticleNLNG to Attain Final Investment Decision on Train 7 Plus In 2018
Nigeria LNG Limited, on Wednesday at the World LNG Summit holding in Portugal, announced that the company, with the full support of its Board, is making steady progress towards achieving Final...
View ArticleFG Stopped Payment of Maina’s Salary Since March 2013 – Adeosun
The Honourable Minister of Finance, Mrs. Kemi Adeosun, on Thursday, revealed that the Federal Government stopped the payment of salary to the former Chairman of the Pension Task Force Team, Mr....
View ArticleEU Bank extends EUR 100m credit to Afreximbank, on the margins of AU-EU...
Afreximbank President Dr. Benedict Oramah (left) and Ambroise Fayolle (right), Vice-President of EIB, signing the EUR 100m loan agreement in Abidjan. The African Export-Import Bank...
View ArticleCentral African Republic is Afreximbank’s Latest Participating State
President Faustin Archange Touadéra of the Central African Republic (right) hands over the Instrument of Accession to the Afreximbank Establishment Agreement to Bank President Dr. Benedict Oramah...
View ArticleAfDB and WWF agree to focus on conservation, energy and agriculture
The World Wide Fund for Nature (WWF) and the Africa Development Bank (AfDB) have announced a new three-year partnership agreement. The agreement comes on the heels of a three-year Memorandum of...
View ArticleFG appoints Dr. Abdul Zubair as acting DG SEC
The Federal Government of Nigeria has appointed Dr. Abdul Zubair, the acting Director General of the Securities and Exchange Commission (SEC) with immediate effect. He was before the...
View ArticleCBN, FIRS, others meet to strategize on FSS 2020
The Central Bank of Nigeria (CBN) and other agencies involved in the implementation of the Financial System Strategy (FSS 2020) will converge on Lagos this week to mark ten years of strategizing to...
View ArticleLADIPO MARKET: LAGOS MOVES TO REHABILITATE, UPGRADE DILAPITATED LINK ROADS
The Lagos State Government has commenced an extensive rehabilitation of major link roads across the State, including roads in and around the popular Ladipo market in continuation of its drive to...
View ArticleTUNJI OGUNKANMI: INSURANCE PRODIGY WHO LIVED BEFORE HIS TIME
Late Tunji Ogunkanmi By Tope Adaramola—-is It is an infallible fact that the world’s history is not only about events, but really about people who came, saw and made imitable impact that changes...
View ArticleEcobank named Bank of the Year in 5 regions
Ecobank, the leading pan-African banking group, has won “Bank of the Year” awards in five of its countries of operation. Ecobank scored the five-trophy hall at The Banker awards, which were held on...
View ArticleHEINEKEN lays the foundation stone of its first brewery in Mozambique
*makes $100 million investment HEINEKEN (www.theHEINEKENcompany.com) today laid the foundation stone of its first brewery in Mozambique in the presence of His Excellency Mr. Max Tonela,...
View ArticleSEC insist on Forensic audit into activities of Oando
BY NKECHI NAECHE—-Less than a week after the suspension of the former Director General of the Securities and Exchange Commission( SEC), Mr. Mounir H. Gwarzo, the commission on Tuesday reiterated its...
View Article