Fidelity Bank on Wednesday said it had rewarded 7,109 customers with N2.9 billion since 2015. The bank’s Regional Head, Mrs Vanessa Mordi. said this in Abuja during the bank’s Savings Loyalty Scheme Campaign. She said that the bank was rewarding customers under the Fidelity Personal Savings Scheme and Children Savings Account christened “Sweeta” for their […]
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Vice President Yemi Osinbajo says the federal government has set up a task force to monitor the top 20 debtors on the list of the Asset Management Corporation of Nigeria (AMCON). According to a statement released by Laolu Akande, the vice president’s spokesman, the federal government said it has renewed efforts to recover the N5 trillion […]
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Union Bank of Nigeria (UBN) on Monday declared a profit before tax of N12.1 billion for the half year ended June 30, 2019. The profit represented a growth of four per cent when compared with N11.7 billion achieved in the comparative period of 2018. The News Agency of Nigeria (NAN) reports that the result published […]
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More than 5,000 participants and 60 speakers across 3 continents converge at the largest gathering of African entrepreneurs 150 SME owners from across 20 African countries exhibit at the UBA Marketplace At the recently concluded 5th edition of the Tony Elumelu Foundation (TEF) Entrepreneurship Forum, five African Presidents and thousands of young African entrepreneurs converged at […]
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The Federal Government, States and Local Government Areas (LGAs) shared N762.5 billion as federal allocation for the month of June. Mr Ahmed Idris, the Accountant-General of the Federation (AGF), said this on Thursday in Abuja, while addressing newsmen at the end of the Federation Accounts Allocation Committee (FAAC) meeting. He said that the gross statutory revenue […]
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The Central Bank of Nigeria (CBN) has issued operating licence to three new banks to operate in the country. The new banks are Titan Trust Bank Limited, TAJ Bank Limited and Globus Bank Limited. According to the apex bank, Titan Trust and Globus Bank will operate as commercial lenders while TAJ Bank Limited was licensed […]
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The Nigerian National Petroleum Corporation (NNPC) says it has signed a 3.15 billion dollars Financing and Technical Services Agreement between Sterling Oil Exploration and other partners for the development of Oil Mining Lease (OML) 13. The corporation disclosed this in a statement signed by Mr Ndu Ughamadu, its Group General Manager, Group Public Affairs Division, […]
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The Federal Government says it is considering banning importation of milk because it can be produced in the country to grow the economy. The Central Bank Governor, Mr Godwin Emefiele, who disclosed this while addressing newsmen after the Monetary Policy Committee (MPC) meeting in Abuja on Tuesday said the Federal Government would soon put restrictions […]
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The Nigerian Communications Commission (NCC) says it is working on ensuring the availability of spectrum to boost broadband deployment and penetration in the country. The Executive Vice Chairman, NCC, Prof. Umar Dambatta, made this known during the 14th Annual Technology Africa Leadership Roundtable, held on Friday night in Lagos. The theme of the Roundtable is: […]
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The Director-General, Nigeria Agricultural Quarantine (NAQS), Dr. Vincent Isegbe, says Nigeria will soon resume exportation of hibiscus flower to Mexico. Isegbe who made this kniwn on Thursday in Kano, at a stakeholders’ sensitisation workshop, said that the exportation would resume after two-and-a-half years of banning the country from exporting the product. According to him, the […]
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