Union Bank recently announced the release of its 2020 Citizenship, Sustainability, and Innovation (CSI) report, outlining its initiatives across three pivotal areas- Citizenship, Sustainability, and Innovation. The report gives a detailed account of Union Bank’s continued efforts towards creating a more sustainable future by further embedding responsible business practices, positively impacting people, and communities, and driving innovation. The Bank’s initiatives ...

Speaking on the ability of Buhari government in managing the economy, the presidential aide said, “If you ask me this question, I will tell you that whoever questions the capacity of the government to manage the economy probably also need to have themselves re-examined because look at all of the things that have happened with COVID over the last year ...

 Independent Petroleum Marketers Association of Nigeria (IPMAN) members have said the N250 billion Central Bank of Nigeria (CBN) Gas Expansion programme can settle the perennial crisis over the petrol subsidy. Its National Vice President, Alhaji Abubakar Maigandi, who disclosed this to The Nation, said an implementation of the programme can reduce Nigeria’s reliance on petrol and its associated challenges. The ...

The apex bank, the Central Bank of Nigeria (CBN) says that Nigeria imports over $580 million worth of cassava by-products The bank notes that  this has made the nation rely on the imports. The intimation was made by the CBN Governor Godwin Emefiele, via the Bank’s Twitter handle, on Thursday, while commissioning Rivers Cassava Processing Company. He assured that the ...

The Securities and Exchange Commission (SEC) has directed all existing investment crowdfunding portals/digital commodities investment platforms to gace the knowledge of the  eligibility criteria for operating a Crowdfunding Portal It also alerted all stakeholders to  comply with the registration requirements or cease operations by June 30. The information to this effect was released by the commission on Wednesday in Abuja ...

The Abdul Samad Rabiu Africa Initiative, in collaboration with  the Akwa Ibom State Government, has started the construction of  the Akwa Ibom State University Teaching Hospital. It was learnt that the gigantic  project is being supported by a N5 billion ASR Africa Health Infrastructure Grant out of which N2.5billion has been disbursed to commence construction. The Initiative was established by  ...

Shareholders of Dangote Cement Plc has lauded the management of the company for an good performance despite the economic challenges in the immediate past business year. The shareholders of the foremost company approved N272.6 billion as dividend,  which is  N16 per share for the year ended December 31, 2020. The 16 per cent  increase shows that  the company’s revenue led ...

In the recent days, Nigeria’s media space has been dominated with the activities of different separatist groups agitating for a break-up of Nigeria, expressing anger against wide-range of challenges in the country such as injustice, Kidnappings, banditry, insurgency, as well as terrible economic situations. It is against this background that the Chairman of Center for Institutions Reform, CIRN Lai Omotola ...

CBN Governor, Godwin Emefiele has assured Nigerians that digital currencies will come to life in the country. He made this statement during the 279th MPR meeting held in Abuja, Emefiele said, “We have carried out our investigation and we found out that a substantial percentage of our people are getting involved in cryptocurrency which is not the best. Don’t get ...

Global Banking and Finance magazine, GBF has awarded First Bank of Nigeria Limited the Retail Banking CEO of the Year Nigeria, Most innovative Retail Banking App Nigeria and Best CSR Bank Nigeria awards The awards are in recognition of the roles the bank plays in deepening financial inclusion; advancing the digital banking eco-system as well as impacting people in its ...