Zenith Bank’s shareholders, on Tuesday at the 30th Annual General Meeting of the Bank held at the Civic Centre, Victoria Island, Lagos, unanimously approved the proposed final dividend of N2.70 per share, bringing the total dividend payment for the 2020 financial year to N3.00 per share with a total value of N94.19 billion. This followed the recent release of the ... Read More »
Author Archives: NewsThumb Magz
UBA to Support Businesses on Budgeting and Forecasting, Holds Workshop tomorrow
As part of its continuous effort to catalyse the growth and sustainability of Small and Medium-Scale businesses in Nigeria and Africa, Pan Africa Financial Institution, United Bank for Africa, (UBA) Plc will be hosting its next Business Series on Wednesday, March 17th, 2021. The UBA Business Series, which is held quarterly, is a capacity building initiative where professional business leaders share ... Read More »
Covenant University lecturer arrested for allegedly raping student
A lecturer in the Department of Business Management at the Covenant University Ota, Dr. Stephen Ukenna, has been arrested for allegedly raping a teenage girl. The victim is a 17-old-year student of the university. The 41-year-old lecturer was arrested following a complaint at the Ota Area Command by the girl’s parents. They reported their daughter called she was invited by ... Read More »
Polaris Bank And RCC Employees Abduct by Gunmen in Ibadan
Gunmen on Monday invaded a quarry site in Ibadan, the Oyo State capital and kidnapped one Mr. Popoola Isaac, an employee of Reynolds Construction Company and Mr. Ismail Adeoye, an employee of Polaris Bank. Our correspondent learnt that the gunmen invaded the site located at Dalli village (Binu Quarry), along Ijebu-Ode/ Ibadan Road and kidnapped the victims. Public Relations Officer ... Read More »
FINAL CALL: APPLICATIONS TO THE TONY ELUMELU FOUNDATION ENTREPRENEURSHIP PROGRAMME CLOSES MARCH 31
…. open to all African entrepreneurs with business ideas from across all 54 African countries. The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to empowering African entrepreneurs, will close applications for the Tony Elumelu Entrepreneurship Programme on its TEFConnect digital platform (www.tefconnect.com) on March 31. This year’s intervention prioritises the economic recovery of small and medium scale enterprises (SMEs) ... Read More »
Chairman Agege LG, Ganiyu Egunjobi Receives Covid-19 Vaccines
The Executive Chairman of Agege LG , Alhaji Ganiyu Kola Egunjobi today, received Covid 19 vaccines alongside scores of front line health workers at the council maternity, Agege “Today, I received AstraZeneca jab alongside scores of frontline workers, particularly in public health sector after the local government took delivery of its own doses of the COVID-19 vaccine from Lagos State ... Read More »
Polaris Bank pays Extra N5 for every Dollar remitted to Nigeria
Polaris Bank has commenced implementation of the regulatory Central Bank of Nigeria (CBN)’s extra N5 for every Dollar received into domiciliary accounts or as cash over the counter. The acting Managing Director/CEO of Polaris Bank, Mr. Innocent C. Ike disclosed that “growing evidence has shown a positive relationship between diaspora remittances and economic growth and as such, the Bank will ... Read More »
UPDATE : FG directs telcos to put suspension of USSD services on hold
Federal Government has directed Mobile Network Operators (MNOs) to put the planned suspension of the USSD services on hold. The directive was contained in a statement signed by the Technical Assistant (Information Technology) to the Minister of Communications and Digital Economy, Dr Femi Adeluyi. This follows the suspension, which was to take effect on Monday, 15th of March, 2021 due ... Read More »
FIRSTBANK PROMOTES CROSS BORDER PAYMENTS IN SUB SAHARA AFRICA WITH FIRST GLOBAL TRANSFE
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the launch of First Global Transfer (FGT) to promote international transfer of funds across its subsidiaries in sub-Saharan Africa. The Bank’s subsidiaries in Africa include FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone, FBNBank Senegal. The First Global Transfer (FGT) initiative is specifically designed ... Read More »
Sterling Bank Honoured With Special Recognition Award for Tourism Support
Sterling Bank Plc has been honoured with the Special Recognition Award for Tourism Support at the 2021 edition of the Nigeria Tourism Awards, also known as The Balearica Awards. The Nigeria Tourism Awards recognise and celebrate exemplary and outstanding individuals and organisations in the country’s tourism sector. Presenting the award to the Bank, Efetobo byAwhana, CEO of the Balearica Awards, ... Read More »