Kunle Awosika

Apel Asset Limited on Monday refuted the claim by Mr. Oluleye Adigun to invest N3bn in Fidelity Bank as published by some online publications at the weekend, quoting the News Agency of Nigeria (NAN).

US-based Nigerian billionaire, Oluleye Adigun has revealed ongoing effort to invest N3 billion ($6.8million) in Fidelity Bank through shares acquisition.

Heirs Holdings (“HH”), the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (“Transcorp”), Nigeria’s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% participating interest in Nigerian oil licence OML 17 and related assets, through TNOG Oil and Gas Limited (a related company of Heirs Holdings and Transcorp), from the Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited and ENI. In addition, TNOG Oil and Gas Limited will have sole operatorship of the asset.

As COVID-19 cases continue to rise across Nigeria, BUA has donated three ambulances and 100,000 facemasks to the Yobe State Government as part of its social support and humanitarian commitment to combat the COVID-19 pandemic in the country.

First of Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has launched the Virtual Payment card, a Naira denominated debit card and digital representation of the plastic debit card. The card is designed to be linked to either a customer’s operative account or wallet account.

The New Year started on an amazing note for staff and distributors of fledgling bakery, City Tasty Confectioneries, as the management of the company doled many gifts to them, at the end of the year party of the company held days back, at the headquarters on Remi Olagunju drive, Aboru, Iyana Ipaja, on the outskirts of Lagos state.

Employees of Union Bank have established communal water boreholes in six underserved communities across Nigeria, directly impacting over 15,000 people.

Driven by its promise to deliver unrivalled customer service to all its customers, Access Bank Plc has announced an extension of its customer education and complaint management activities. 

The allegation by a former director of Ocean Marine Solutions (OMS) Limited, Mr Tunde John Ayeni, that the company was hijacked by Captain Hosa Okunbo has been contradicted by a series of validly-executed company resolutions and other documents was obtained by our reporter which he (Ayeni) signed, transferring his shares in OMS and its other associated companies to Wells Property Limited.

With many countries strategizing for the African Continental Free Trade Area (AfCFTA) that kicked off at the beginning of this month, Dangote Industries Ltd, has stated that its cement expansion plan and fertilizer investments will open new trade routes for the company and Nigeria under the trade deal.