The Central Bank of Nigeria has disclosed that it has successfully cleared all valid foreign exchange backlogs, effectively eliminating a legacy burden. This accomplishment fulfils a commitment made by CBN Governor, Mr Olayemi Cardoso, who vowed to address an inherited backlog of $7bn in claims. The announcement was made by the bank’s Acting Director of […]
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Heirs Holdings has launched its irst-ever television commercial. The newly released television commercial (TVC) showcases the company’s diverse portfolio, spanning the power, energy, financial services, hospitality, real estate, healthcare and technology sectors while highlighting its commitment to driving positive change and sustainable development across Africa and beyond. With its compelling narrative, the commercial is […]
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Nigeria’s major financial institution, Zenith Bank Plc, on Tuesday,19th March, 2023 named Dr Adaora Umeoji as its Group Managing Director/Chief Executive Officer (CEO), effective June 1. This was disclosed in a notification sent to the Nigerian Exchange Ltd. (NGX) by the bank’s Company Secretary, Mr Michael Otu. Otu said that the appointment was subject to […]
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Heirs Technologies, a leading digital transformation company, has announced the appointment of Obong Idiong as its Chief Executive Officer. Idiong brings considerable experience in the technology sector and a visionary approach to this role. Prior to joining Heirs Technologies, he served as the MD/CEO at Africa Prudential Plc, where he spearheaded the digital transformation of […]
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REDTV, United Bank for Africa’s Lifestyle and Entertainment channel, proudly announces the highly-anticipated launch of the second season of its hit show – ‘When are we getting married’. The captivating series, renowned for its unique blend of romance, humour, and real-life relationship dynamics, promises its teeming viewers an even more engaging and thrilling experience in […]
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The Group Managing Directors (GMDs) of Zenith, Providus and Jaiz banks, on Tuesday, honoured the invitation by the Economic and Financial Crimes Commission (EFCC), to hand over documents relating to accounts operated by the Ministry of Humanitarian Affairs to the anti-graft agency. A source from the Agency confirmed that the bank Czars, departed the […]
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Africa’s Global Bank, United Bank for Africa (UBA) Plc, is celebrating the 6th year of operation of its flagship artificial intelligent Digital Assistant and Chatbot – Leo, and has announced new offerings aimed towards deepening the face of digital banking in Nigeria. Since its launch on January 11 2018, UBA’s Leo has emerged not merely […]
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WIth the permission of Imoyo Family, The Association of Corporate & Marketing Communications Professionals in Banks in Nigeria (ACAMB) is deeply saddened to announce the burial details for its distinguished Publicity Secretary, Mr. Abdul Kolawole Imoyo, who passed away in the early hours of Sunday, December 17, 2023, at First Cardiology, Ikoyi, Lagos, after a […]
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Dangote Refinery appears set to commence production of refined petroleum products with the receipt of the sixth batch of barrels of crude supplied by the Nigeria National Petroleum Corporation Limited (NNPCL). The fresh one million Agbami barrels of crude via MT ALMI SUN is the last cargo to complete the initial scheduled 6 million barrels […]
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The Counsel to former Minister of Humanitarian Services, Disaster Management and Social Development, Hajiya Sadiya Umar-Farouq, Sir Oladipo Okpeseyi (SAN),has clarified the erroneous report doing the rounds about his client, saying that she did not shun the invitation extended to her by the Economic and Financial Crimes Commission (EFCC). Okpeseyi said that on the contrary, […]
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President Bola Tinubu on Monday,13th November, 2023, in far away Makkah advanced negotiations for a multi-billion dollars infrastructure finance facility from the Islamic Development Bank (IDB). This is contained in a statement by Ajuri Ngelale, Special Adviser to President on Media and Publicity, on Tuesday in Riyadh, Saudi Arabia. The facility is to be used […]
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The Capital Market Correspondents Association of Nigeria (CAMCAN) has concluded plans to hold its 2023 annual workshop, a strategic forum to articulate issues that can move the Nigerian capital market and economy forward. The workshop, scheduled to hold on December 2 and 3, 2023 at Orchid Hotels, Ajah, Lagos, is being organised by the […]
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