The Chief Financial Officer, Nova Merchant Bank Limited, Mr. Ifeanyi Chukwuonye, has said the long-term goal of the bank is to be a sustainable and viable financial institution that would be a pride of its investors, customers and other stakeholders. Speaking in an interview with CNBC, Chukwuonye, said the bank’s N10 billion naira seven-year subordinated […]
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The Group Managing Director (GMD) of FBN Holdings Plc, Mr. UK Eke, has said the group’s recent N25 billion capital injection into its commercial banking arm, FirstBank, was to deliver greater value to shareholders and to consolidate its leadership in the banking sector. Eke stated this during the Q2 analysts conference call on the second […]
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First Bank of Nigeria Ltd says it has processed transactions worth over N6 trillion on its FirstMonie Agent network as at July 2020. Dr Adesola Adeduntan, FirstBank Chief Executive Officer, disclosed this on Thursday, at the bank’s FinTech Summit 4.0 webinar in Lagos. The 2020 edition of the summit, was themed; “How Blockchain and Artificial […]
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The United States (U.S.) has expressed worry over reports of deteriorating political climate in Edo State and interference by security forces in political matters, ahead of the September 19 governorship election. The U.S Embassy in Abuja, in a statement called for free, fair and credible elections where the will of Nigerians would be reflected in […]
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The recent actions of the Governor of Edo State represent the gravest possible assault on constitutional democracy and the rule of law and escalation of violence and tension in the state he purports to govern. Not satisfied with making a mockery of our constitution by blocking the timely inauguration of two-thirds of the elected members […]
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Access Bank Zambia, a subsidiary of Nigeria’s Access Bank Plc, has reached a ‘definitive agreement’ with Cavmont Capital Holdings Zambia Plc (CCHZ) to acquire Cavmont Bank Ltd. The tier-1 bank announced this latest development regarding the merger talk which has been ongoing for a while, in a statement that was signed by its Company Secretary […]
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Ecobank has stated that cash withdrawals can be made at all its ATMs, without a card. The Ecobank cardless withdrawal concept, Xpress Cash, enables users to withdraw cash from ATMs using only a mobile phone, no ATM card is required. The solution is seamless, secure and is driven by the generation of a code (e-token) […]
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Oyo State Governor, Seyi Makinde has set a target for the management of Shooting Stars Sports Club (3SC) of Ibadan in the club’s campaign in the 2020/2021 football season. The governor, who spoke through Seun Fakorede, the State Commissioner for Youth and Sports, said the management must ensure the club got promoted from the Nigeria […]
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The Lagos State Government has vowed to bring to book the truck owner and driver of the ill fated truck from where a container fell off to kill two aviation workers; Chidinma Ajoku, 27, and Chima Nnaekpe 29, at Ilasamaja bus stop along Osodi/ mile 2 expressway, Lagos on July 26. The government made the […]
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Nigeria’s Private Sector led Coalition Against COVID-19 (CACOVID) yesterday formally announced the flag-off of a nationwide distribution of multi-billion naira food palliative and other relief items to mitigate the adverse effects of the novel coronavirus pandemic on vulnerable Nigerians. The food relief materials for which the private sector operators are spending about N23 billion, will […]
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The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta has said that commercial banks in the country are owing telecommunications companies over N17 billion following the regulator’s suspension of its Determination on Unstructured Supplementary Service Data (USSD) Pricing last year. The NCC, in furtherance of its mandate to protect the […]
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The Lagos State Government has directed Junior Secondary School (JSS) 3 students who are registered for National Examination Council (NECO) Basic Education Certificate Examination (BECE) to resume on Monday. An earlier pronouncement issued by the state had directed SS3 and Technical Studies (TEC3) Students to resume on August 3, to enable them revise and sit […]
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