Akwa Ibom ready for post COVID-19 economy as committee submits report
The 20-member committee put together by the Akwa Ibom State government to reposition the state for the post COVID-19 economy has submitted its report to Governor Udom Emmanuel. The report was submitted on Tuesday, June 9, 2020 at an event…
WEMA Bank confirms two positive COVID-19 cases in two branches nationwide
Leading retail banking giant, WEMA Bank, Thursday said COVID-19 infection has hit two of its branches and that the infected staff are currently being treated after only displaying mild symptoms. In a terse statement made available to Business Hilights in…
Heritage Bank-Dukia Gold deal to boost Nigeria’s 200mn ounces of gold reserves- FG
…To fast-track 10% contribution of mining sector to GDP Fresh details have emerged from the recent commissioning of the first gold refinery in Nigeria powered by Heritage Bank financing and Dukia Gold group. Recall that the Federal Government of Nigeria…
Onyema, Other CEOs of Global Exchanges Laud Sustainable Finance
More experts in capital market operations have continued to see serious progress in Nigeria’s drive to sustainable financing. Only recently, global exchanges are seeing increase in green and sustainable products in efforts to rebuild the economy amidst the COVID-19 pandemic….
Full digitization of Nigeria ports begins March 2021—Bello, NSC Ex Sec
The ongoing efforts of the Nigerian Shippers’ Council (NSC), under the Executive Secretaryship of Barr Hassan Bello to fully digitize operations at the Nigerian seaports will come to fruition by March 2021. Speaking on a Radio Nigeria Current Affairs Programme…
Transcorp appoints Mrs. Foluke Abdulrazaq as Board Vice Chairman
Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s leading listed conglomerate, owner of Transcorp Power Limited, one of Nigeria’s largest power producers and the iconic Transcorp Hilton in Abuja, has announced the appointment of Mrs. Foluke K. Abdulrazaq to its Board…
Standard Chartered appoints CFO for Africa and Middle East
Standard Chartered has announced the appointment of Subhradeep Mohanty as Chief Financial Officer (CFO) of the Africa and Middle East (AME) region. Subhradeep brings over 19 years of diverse and international experience in the banking sector to the AME region….
Wema Bank Reopens Branches Nationwide, Advises Customers and Staff To Remain Cautious
Due to the Federal Government’s directive to ease the nationwide restrictions on movement and key businesses, Wema Bank Plc will reopen all its branches nationwide. In a statement released by the bank, from Wednesday, June 3, 2020, all branch offices…
Capital importation in Nigeria still lacks skid resistance—Cordros Capital Report
Latest report released by Cordors Capital Group in Lagos has shown that Capital importation in Nigeria still lacks skid resistance, following another 31.2% y/y decline to USD5.85 billion over Q1-20. Given the outbreak of COVID-19 pandemic, which disrupted global economic…
UBA Rewards 100 more Customers with N100,000 each in Fresh Bumper Draw
Pan African Financial institution, United Bank for Africa (UBA) Plc has rewarded another set of 100 loyal customers with a total of N10m in the UBA Bumper account draw. The 100 customers won N100,000 each in this month’s edition of…
