Corporate Banking
Bisi Fayemi urges federal government to ban imported ‘Aso-Oke’ to revive textile industry
The First Lady of Ekiti State, Mrs Bisi Fayemi, has urged the Federal Government to ban imported ‘Aso-Oke’ fabric and revive the nation’s textile industry to boost sustainable economic growth.
$30 billion borrowing: Debt service to gulp 80 percent of federal government’s revenue
The federal government will be using about 80 per cent of its revenue as interest payment on its debt which may rise to $104 billion should the National Assembly approve the request to borrow an additional $30 billion.
JAMB: Stanbic IBTC to give top 30 UTME candidates N15m scholarships
The Joint Admission and Matriculation Board (JAMB) has announced that Stanbic IBTC will reward the top 30 candidates in the last Unified Tertiary Matriculation Examination (UTME) will be giving scholarship worth N15m.
MTN appoints ex-minister, ex-revenue chief, ex-NBA president as board members
Telecommunications firm, MTN, has notified the Nigeria Stock Exchange of a substantial change in its board structure. Pioneer board chair, Pascal Dozie, is stepping down along with five other directors.
Afreximbank wins African Bank of the Year Award
The African Export-Import Bank (Afreximbank) on Wednesday night won the African Bank of the Year Award during the African Banker Awards 2019 ceremony held on the sidelines of the Annual Meetings of the African Development Bank.
Fidelity Bank announces appointments of three new executives
Fidelity Bank Plc on Monday announced the appointments of three new Executives by the Board of Directors as part of corporate realignment aimed at repositioning for further growth.
Zenith Bank names Ebenezer Onyeagwu as new chief executive
Zenith Bank Plc. has announced the appointment of Ebenezer Onyeagwu as the Group Managing Director/CEO of the bank with effect from June 1, 2019.
Keystone Bank names Abubakar Sule as new acting MD/CEO
Fastest growing financial institution in Nigeria, Keystone Bank Limited, has announced the resignation of Obeahon Ohiwerei from office as Managing Director/CEO of the Bank, and the appointment of Abubakar Danlami Sule as Acting Managing Director/CEO.
Afreximbank urges financial institutions to transform African trade
The transformation of trade in Africa is a task that all African financial institutions must collectively pursue as major stakeholders in the African Export-Import Bank (Afreximbank) in order to facilitate African trade.
Wema Bank appoints new chief executive as Segun Oloketuyi retires
Wema Bank Plc. has appointed Ademola Adebise as its chief executive officer after the retirement of Segun Oloketuyi.
Abubakar Suleiman named new Sterling Bank chief
Sterling Bank Plc has appointed Abubakar Suleiman as its new Managing Director/Chief Executive Officer, CEO.
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National Assembly urged to strengthen oversight on defence sector
Civil Society Legislative Advocacy Centre (CISLAC) has urged the National Assembly to strengthen its legislative oversight on defence in order to restore integrity, reduce leakages and promote accountability in the defence and security sector.
NOC to inaugurate commissions in Lagos on Wednesday
In a landmark event in the annals of the Olympic Movement history in Nigeria, the Nigeria Olympic Committee (NOC) has concluded plans to formally inaugurate it’s various Commissions on Wednesday in Lagos.
Ivorian legend Didier Drogba to play in Australian bushfire charity game
Chelsea legend Didier Drogba will team up with the likes of former Manchester United duo Dwight Yorke and Ji-sung Park in a charity match in Australia to raise money following the fires which have left more than 30 dead and thousands of homes destroyed since September.
Manchester United rule out Alexis Sanchez permanent move to Inter Milan
Manchester United are reportedly ready to bring Alexis Sanchez back to the club for next season once his loan at Inter Milan ends, ruling out any hope of a permanent deal.
Governor Bello takes oath of office for second term
Yahaya Bello of Kogi State was on Monday inaugurated for a second term in office with a pledge to develop the state into Nigeria’s foremost and most secure emerging commercial hub.
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Ogun rerun: APC wins House of Reps seat
The Independent National Electoral Commission (INEC) has declared Mr Kolapo Osunsanya, of the All Progressives Congress (APC), winner of the election for Ijebu-Ode/Odogbolu/Ijebu North-East Federal Constituency of Ogun State.
EFCC chief decries UK’s refusal to extradite Diezani Alison-Madueke
The acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has decried the refusal of the United Kingdom to extradite a former Minister of Petroleum Resources, Diezani Allison-Madueke, to face trial for alleged money laundering in Nigeria.
SERAP to sue Cross River governor, PDP over detention of journalist Agba Jalingo
A non-profit organisation, Socio-Economic Rights and Accountability Project (SERAP) has threatened to sue Cross River government and the state governor, Ben Ayade, over the continuous detention of a Nigerian journalist, Agba Jalingo.
Sulfur content: NIMASA, NNPC, DPR move to ensure compliance
In a bid to ensure that Nigeria does not flout the International Maritime Organization, IMO, Convention on sulfur content of the fuel used by vessels, the Nigerian Maritime Administration and Safety Agency, NIMASA, Department of Petroleum Resources, DPR, and the Nigerian National Petroleum Corporation, NNPC, in conjunction with other relevant federal government agencies, have commenced moves to ensure compliance.
Niger Senator sends SOS to President Buhari over killing of constituents by bandits
A member of the National Assembly, Senator Mohammed Musa, has cried out over the invasion of a local government area in his Niger East Senatorial district by bandits resulting in the killing of scores of his constituents.