Technology has been a veritable gift to mankind, and over the years, it has been responsible for creating amazingly useful resources which put all the information individuals need at their fingertips. The development of technology has also led to so many mind-blowing discoveries, better facilities, and better luxuries, which has in-turn helped to improve lifestyle and standard of living.  For ... Read More »

At present, there are over 86,000 banking agents across 772 out of the 774 local government areas in Nigeria, a demonstration of FirstBank’s commitment to deepening financial inclusion and ensuring the unbanked are adequately catered for. In an interview with BusinessDay, Adesola Adeduntan, FirstBank’s CEO, noted that over N9.6 trillion had been processed through the bank’s agent network. As he ... Read More »

Rivers State Governor, Nyesom Wike has told local government chairmen seeking reelection in the forthcoming April poll to show evidence of their projects. The governor insisted that only the council bosses adjudged to have performed in the office could be considered for reelection. Wike, however, said such yardstick would not invalidate any existing arrangements and agreements in most council areas ... Read More »

Heirs Holdings (“HH”), the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (“Transcorp”), Nigeria’s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% participating interest in Nigerian oil licence OML 17 and related assets, through TNOG Oil and Gas Limited (a related company of Heirs Holdings and Transcorp), from the Shell Petroleum Development Company of Nigeria Limited, ... Read More »

First of Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has launched the Virtual Payment card, a Naira denominated debit card and digital representation of the plastic debit card. The card is designed to be linked to either a customer’s operative account or wallet account. The FirstBank Virtual Payment Card is a suitable alternative to the use of cash ... Read More »

Airl are planning to reduce fares in response to the removal of 7.5 per cent ValueOhunayoTax (VAT). The suspension of VAT from air fares took effect from January 1, 2021, as part of incentives contained in the Finance Act 2020. Airline operators told our correspondent  that they have received the directive on VAT removal from the government, but they are ... Read More »

A Popular prophet, Primate Elijah Ayodele on December 22, 2020 released his prophecies for 2021 as revealed to him by God. The prophecies covered most sector of the society; politics, religion, education, sports, among others. Just as a prophet is known when He says a word and it comes to pass, some of these prophecies released by the man of ... Read More »

With many countries strategizing for the African Continental Free Trade Area (AfCFTA) that kicked off at the beginning of this month, Dangote Industries Ltd, has stated that its cement expansion plan and fertilizer investments will open new trade routes for the company and Nigeria under the trade deal.    Already, the cement company, despite an installed capacity of 29.3Mta in ... Read More »

The former FCMB Staff, Moyo Thomas whose alleged infidelity is said to have caused the death of her husband Tunde, has said she never told the deceased that her children belonged to Nuru Adam, the now suspended MD of the bank. NEWSTHUMB gathered that in a statement released on Saturday, Moyo who is believed to have been having an illicit ... Read More »

L-R:  Olusegun Alebiosu, Chief Risk Officer of First Bank of Nigeria Limited and representative of the Bank’s CEO; Gabriel Ejembi, First runner up; Ajayi Tajudeen, Tournament winner, and Tochukwu Emuwa, Second runner up, at the prize presentation ceremony of the 59th edition of the FirstBank sponsored Lagos Open Golf tournament, recently held at the Ikoyi Club, Lagos. Golf Winner Presentation L-R: Mr. ... Read More »