The Group Managing Director/CEO United Bank for Africa (UBA), Oliver Alawuba has been bestowed the Fellowship of the Chartered Institute of Bankers of Nigeria. Alawuba was conferred with the highest honour for bankers during the Institute’s 2023 investiture ceremony held in Lagos recently, receiving the award alongside other 20 distinguished Nigerians across banking, finance and […]
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People often ask me, TOE how do I learn leadership. Should I go on a course? Buy a book? Get a mentor? Are leaders born, or can you become a leader? Just as I say about business success, leadership has many components – luck, being in the right place at the right time. But I […]
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The Federal government, through the Federal Executive Council (FEC), has approved the formation of two committees on industrial revitalization roadmap and review of the Free Trade Zones in the country to improve the nation’s economy. The Minister of Industry, Trade, and Investment, Dr Doris Uzoka-Anite disclosed this at the end of the second meeting of […]
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Senator Wasiu Sanni, Chairman Senate Committee on Marine Transport, says the bill to amend the Nigerian Maritime Administration and Safety Agency (NIMASA) Act has passed first reading on the floor of the Senate. Sanni said this on Friday during a working visit by the committee to NIMASA operational offices in Lagos. He noted that the […]
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The Nigerian Communication Commission (NCC) has restored regulatory services to one of its licensees, Globacom Limited after it successfully cleared its outstanding debt obligations to the Commission for unpaid Spectrum Fees, Numbering Fees and Annual Operating Levy (AOL). The Commission has also stepped down planned enforcement action against Globacom over its breach of extant regulations […]
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The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan, has appealed to the Institute of Chartered Accountants of Nigeria (ICAN) to incorporate courses on the Deposit Insurance System (DIS) into its educational programs and modules. Hassan made the call during a courtesy visit by the Governing Council Members of ICAN, […]
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Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has assured Nigerians that its digital currency. eNaira posed no threat to financial stability. The Director, Corporate Communications Department of CBN, Dr Isa AbdulMumin, said this on Monday 9th October 2023, in Marrakech. AbdulMumin was reacting to a recent media report that raised concerns about Nigeria’s […]
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The Nigeria Deposit Insurance Corporation (NDIC), has restated its commitment to ensuring the protection of depositors funds in the Nigerian banking system, reaffirming that its key mandate which is to provide deposit guarantee to depositors of insured financial institutions, bank supervision, distress resolution, and bank liquidation shall remain its watch words. Speaking at the Corporation’s […]
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Following impressive recoveries from debtors and realisation of assets of banks in liquidation, the Nigeria Deposit Insurance Corporation (NDIC) has announced declaration of N16.18 billion liquidation dividends to depositors, creditors and shareholders of 20 banks in-liquidation. To this end, the Corporation has commenced verification and payment of stakeholders covered by the declarations within 30 […]
Read More The MSECB, a leading international provider of Audit and Certification Services has granted the Nigeria Deposit Insurance Corporation (NDIC) three ISO certifications namely: Information Security Management System ISO/IEC 27001:2013 (on how organizations manage and protect their information assets so that they remain safe and secure, using this robust framework). The Nigerian financial system sole liquidator, […]
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Major African financial istitution, Access Bank Plc, says it has enhanced its Agriculture Desk to boost sustainable agricultural business and attract global investments. The Executive Director, Commercial Banking, Access Bank, Ms Hadiza Ambursa, at a news conference on Wednesday in Lagos, said that the move aimed at improving value for its customers and stakeholders. Ambursa […]
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The Special Adviser to the Executive Chairman of the Lagos State Internal Revenue Service, LIRS, Mr Tokunbo Akande has clarified the misunderstanding about stamp duty as he maintained that it is a revenue stamp and not a postage stamp. Akande made this known while featuring as a guest on The Tax Talk programme on Channels […]
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