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Dangote to save forex, through 40% sugar import substitution

Written by 29 August, 2022
The management of Dangote Sugar Refinery Plc has resolved to significantly reduce the importation of sugar into the country by 40 percent, thus paving the way for the employment of over 30,000 youths.

ZENITH BANK POWERS ON WITH DOUBLE-DIGIT TOPLINE GROWTH IN H1 2022

Written by 24 August, 2022
In a clear demonstration of its industry leadership and consistency in providing superior financial returns, Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2022, recording an astounding double-digit growth of 17% in gross earnings from N346 billion reported in H1 2021 to N405 billion in H1 2022. This is in spite of a very challenging macroeconomic environment.

LIRS Chairman, Ayo Subair In Trouble As Staff Opens Messy Can of Worms

Written by 15 August, 2022
The Executive Chairman of the Lagos State Internal Revenue Service,Mr. Ayodele Subair is currently on hot seat as staff members are disenchated and dissilussioned due to the actions and inactions of the management of the agency who toil to make sure that that taxpayers do the needful in order for LIRS to meet its target and various obligations as at when due.

Debonair Oliver Alawuba ups the ante at UBA

Written by 11 August, 2022
In the very competitive banking and financial sector generally, the success and fortunes of any bank depends on the agility, drive, innovativeness and upward mobility of the person at the helm of affairs, and this to a large extent depends on the kind of managerial skills, astuteness, smartness, business acumen and above all, the proficiency of the person deploys and brings to play in his organization.

NOVA MERCHANT BANK ANNOUNCES APPOINTMENT OF NEW DIRECTORS, PROMOTES 20% WORKFORCE  

Written by 07 August, 2022
NOVA Merchant Bank, a leading merchant bank in Nigeria has announced the appointment of two independent non-executive directors and one non-executive director as it elevates about 20% of its workforce to various grade levels in the Bank. The three new appointees are expected to strengthen the board and bring more inclusivity and diversity to the Bank’s board.

N26 Billion Debt Saga: Court Orders Sonny Odogwu Estate To Pay Access Bank

Written by 06 August, 2022
Justice Daniel Osiagor of the Federal High Court, Lagos today upheld the N26 billion debt claim by Access Bank PlC against the estate of the late Ide Ahaba of Asaba, Chief Sonny Odogwu.

FirstBank Branch, Head office, not Sealed

Written by 05 August, 2022
Nigeria’s leading financial institution, First Bank of Nigeria Limited has refuted reports spreading like wild harmattan fire online that its branch and head office has been sealed.

Firstmonie Agents Transact Over 1 Billion Transactions, Reinforces Firstbank’s Leading Role In Promoting Financial Inclusion In Nigeria

Written by 04 August, 2022
First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider has announced that its agent banking network – Firstmonie Agents – spread across the nook and cranny of the country has collectively processed transaction volume in excess of 1 billion, amounting to over 22 trillion naira. The Bank currently has over 180,000 Firstmonie Agents, spread across the country’s 772 Local Government Areas.