Shareholders of Zenith Bank Plc unanimously approved the restructuring of the Bank to a holding company during a court-ordered Extraordinary General Meeting (EGM) held virtually from Zenith Heights, Zenith Bank Plc, Victoria Island, Lagos, on Friday, April 26, 2024.In accordance with the Scheme of Arrangement dated March 28 2024, pursuant to Section 715 of the Companies and Allied Matters Act (CAMA), 2020 between ... Read More »

PRESIDENT Bola Tinubu has secured an investment of $600 million from Danish shipping and logistics company, A.P Moller-Maersk, to expand existing port infrastructure to accommodate more container shipping services in Nigerian ports. Chairman of A.P Moller-Maersk, Mr. Robert Maersk Uggla, disclosed the decision during a meeting with President Tinubu on the sidelines of the World Economic Forum Special Meeting on ... Read More »

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…He explains reasons for removing fuel subsidy, managing FX market Experienced, Reliable, and Professional. Join a regulated broker with a stellar reputation President Bola Tinubu has called on the global community to pay attention to the root causes of poverty and instability in Africa’s Sahel region, emphasising the need for economic collaborations and inclusiveness to achieve stability and growth. President ... Read More »

MTN Nigeria has reiterated its commitment to redefining the traditional business landscape and advancing its journey from a Telco to a TechCo. This is even as the company has collaborated with Zoom and SpeechLogix to unveiled Meetings+, an innovative video conferencing platform, that enables SMEs to efficiently conduct uninterrupted virtual meetings and other engagements. The platform also offers affordable daily, ... Read More »

President Bola Tinubu has approved the appointment of the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND). This was announced in a State House Press Release by the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale on April 26, 2024. According ... Read More »

The American International School of Abuja has asked the Economic and Financial Crimes Commission to provide “authentic banking details” for the refund of fees paid for the children of Yahaya Bello, immediate-past governor of Kogi state. Bello allegedly paid $720,000 in advance as fees for five of his children from the coffers of the Kogi state government. The children are ... Read More »

….Celebrates Airline For The Commencement of the Lagos-London Route   Fidelity Bank Plc has commended Air Peace’s performance since it commenced flight operations about 10 years ago. Dr. Nneka Onyeali-Ikpe, the Managing Director, Fidelity Bank Plc gave the commendation over the weekend in Lagos during a special event organised for the airline by the bank to celebrate Air Peace for ... Read More »

After the removal of the wasteful fuel subsidy on May 29, 2023, President Bola Ahmed Tinubu launched the Presidential CNG Initiative in October last year to deliver cheaper, safer and more climate friendly energy. The CNG Initiative was designed to deliver compressed natural gas especially for mass transit. The Federal Government as part of the many intervention programmes to reduce ... Read More »

The Economic and Financial Crimes Commission may prosecute 300 forex racketeers trading on a peer-to-peer platform outside the financial regulations. The EFCC Chairman, Ola Olukoyede, who gave this indication during an interactive programme with editors and bureau chiefs in Abuja on Tuesday, revealed that the accounts were frozen following a court order on Monday. He disclosed that one of the ... Read More »