….Remains Africa’s Leading Ai Chatbot Africa’s global bank, United Bank for Africa has said that it has concluded plans to commemorate the 4th year anniversary of its flagship artificial intelligence Chabot, with new offerings set to further change the face of digital banking in Nigeria “Birthed January 11, 2018, with a firm resolve to prioritise its customers as well as ... Read More »

Home National Leader of the ruling All Progressives Congress (APC) Asiwaju Bola Tinubu on Monday declared that he had informed President Muhammadu Buhari of his presidential ambition. Asiwaju Tinubu disclosed this while addressing State House Correspondents after a closed-door meeting with Buhari at the Presidential Villa in Abuja. The APC stalwart, however, said he was yet to publicly disclose his ... Read More »

…How APC govs begged President to intervene; to meet on Wednesday …. Aggrieved members ask court to halt February convention All Progressives Congress (APC) leaders are rallying to keep the party on track for its crucial national convention following Thursday’s warning by President Muhammadu Buhari that the party should keep its house in order ahead of next year’s elections. Governors ... Read More »

The final month of 2021 revealed a robust expansion in Nigeria’s private sector with the PMI® improving to a 24-month high. Quicker uplifts in output and new orders as well as record inventory building were central to the improvement. Despite the surge in new orders, firms added to their headcounts at the softest pace for 11 months but were still ... Read More »

The Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Dr. Adesola Adeduntan, last year saw his tenure extended as part of efforts to ensure the stability of the financial institution. In this interview with THISDAY, he speaks about the intervention of the Central Bank of Nigeria, the future of the bank, trends that shaped the economy in 2021, his ... Read More »

…Governor to meet affected parties, stakeholders on Wednesday for peaceful resolutions Lagos State Governor, Mr. Babajide Sanwo-Olu on Tuesday fully intervened in the Magodo Phase II land tussle by restoring peace to the estate. Governor Sanwo-Olu, who called on all the parties involved to stand down pending when the matter is completely resolved, invited affected families, residents and other stakeholders ... Read More »

Chelsea striker Romelu Lukaku has been linked in a shock move to rivals Tottenham to reunite with former Inter Milan boss Antonio Conte, according to Gazzetta Dello Sport. The Belgian is in the midst of a controversy after stating that he wanted to return to Italy and did not like Thomas Tuchel’s style in an interview with Italian media. The ... Read More »

The Olubadan of Ibadanland, Oba Saliu Adetunji, has joined his ancestors. He was aged 93. Read More »

This morning, Saturday, 1st, 2022, a minor fire incidence occurred at the Port Harcourt Refining Company (PHRC) . The incident, which was contained in less than two hours was caused by a spark while a 33,000 litre truck was discharging naphtha into a tank at the PHRC. The management of the refinery led by the Managing Director, who was at ... Read More »

This manner of intervention by Government either directly or through AMCON is not peculiar to Union Bank. All such “intervened banks” as they were called were insolvent with huge negative shareholders’ funds. The premise of the CBN-led intervention was that government needed to inject sufficient equity to bring networth to zero to make investment a reasonable contemplation by private shareholders. ... Read More »