Category: Business

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Fidelity Bank to promote young writers nationwide with ‘Read2Lead’ initiative

Fidelity Bank to promote young writers nationwide with ‘Read2Lead’ initiative

As part of its Corporate Social Responsibility (CSR) initiatives designed to empower Nigerian youths with quality education, leading financial institu [...]
Shell announces sale of onshore assets in Nigeria for $1.3bn

Shell announces sale of onshore assets in Nigeria for $1.3bn

Shell Plc has reached an agreement to sell its Nigerian onshore oil assets to a consortium of local companies for over $1.3 billion. In a statement [...]
HabariPay’s squad launches take on squad hackathon 1.0 for young innovators

HabariPay’s squad launches take on squad hackathon 1.0 for young innovators

In line with its mission of empowering businesses and young innovators across Africa, HabariPay's Squad has announced the launch of its first-ever hac [...]
CBN sacks board of Titan Trust, Union Banks, two others, appoints new chief executives

CBN sacks board of Titan Trust, Union Banks, two others, appoints new chief executives

President Bola Tinubu has started the implementation of the report of the Special Investigator on Central Bank of Nigeria, CBN and related entities, J [...]
Zenith Bank debunks report on GMD’s arrest over alleged fraud in Ministry of Humanitarian Affairs

Zenith Bank debunks report on GMD’s arrest over alleged fraud in Ministry of Humanitarian Affairs

Zenith Bank PLC, one of Nigeria’s leading financial institutions, has dismissed as entirely untrue reports on the purported arrest of its Group Managi [...]
WEMA Bank incurs N8bn in court cases, loses N239m to fraud, burglary

WEMA Bank incurs N8bn in court cases, loses N239m to fraud, burglary

Under the watch of Moruf Oseni, Wema Bank incurred N8.067 billion in court cases as at September 2023 and also lost N239.920 million to fraud and burg [...]
EFCC seeks help of Zenith, Providus, Jaiz banks in Humanitarian Affairs Ministry probe, receives records

EFCC seeks help of Zenith, Providus, Jaiz banks in Humanitarian Affairs Ministry probe, receives records

The Group Managing Directors (GMDs) of Zenith, Providus and Jaiz banks, on Tuesday, honoured the invitation by the Economic and Financial Crimes Commi [...]
UBA surpasses N1tn market capitalisation mark amidst impressive financials, recognitions

UBA surpasses N1tn market capitalisation mark amidst impressive financials, recognitions

Africa’s Global Bank, United Bank for Africa (UBA) Plc, on Monday joined the elite group of companies with market capitalisation of over N1tn [...]
Aliko Dangote’s head office searched by EFCC over forex deal with embattled former CBN governor, Emefiele

Aliko Dangote’s head office searched by EFCC over forex deal with embattled former CBN governor, Emefiele

Operatives of the Economic and Financial Crimes Commission, EFCC have carried out a search operation at the Lagos head office of the Dangote Group. [...]
Sterling Bank serves best of business, food at 2023 fair

Sterling Bank serves best of business, food at 2023 fair

As part of its continued commitment to the growth and development of the Nigerian economy, Sterling Bank Limited has concluded arrangements to host a [...]
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