The Institute of Internal Auditors (IIA) Nigeria, led by Uduak Udoh, its Chairman/President and Chief Audit Executive, First Bank of Nigeria Limited joined other Chief Audit Executives and Internal Audit practitioners and professional across Africa at the 6th Annual Conference of the African Federation of Institutes of Internal Auditors (AFIIA) organised in Gaborone, Botswana. The event was held from 27-31 ... Read More »
Author Archives: NewsThumb Magz
First Bank Grants Scholarships to 18 Students
First Bank of Nigeria Limited has granted scholarships worth N2.7 million to 18 students, who emerged winners in its XploreFirst promo, an initiative designed to boost savings culture and promote financial inclusion among students. The winners, who were drawn from the six geopolitical zones, received a sum of N150,000 each. They emerged through an electronic draw conducted by Tequila on ... Read More »
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Heritage Bank empowers ‘HB Lab’ tech start-ups’ winners with $40,000 grants
As part of its efforts to support Nigeria’s aspiration and roadmap to become a leading Information Communication Technology (ICT) Hub in Africa, Heritage Bank Plc, Nigeria’s most innovative banking service provider has doled out $40, 000 grants to winners of the maiden edition of HB Innovative Lab. The maiden edition of Heritage Bank Innovation Lab Accelerator programme (HB-LAB) tagged, ‘Demo ... Read More »
Face-off: APC NWC members back Oshiomhole
• How and why Shuaibu disagreed with Oshiomhole • Key opposition figures implicated in plot to cause crisis in APC The Deputy National Chairman (North) of the All Progressives Congress (APC), Senator Lawal Shuaibu may have lost his battle to get Comrade Adams Oshiomhole sacked as the party’s national chairman. Shuaibu who launched an Oshimhole –must-resign campaign last week, does ... Read More »
N35m JAMB scam: EFCC files charges against snake-swallowing woman, five others
..Six suspects for arraignment Friday The Economic and Financial Crimes Commission (EFCC) will on Friday arraign a controversial official of the Joint Admissions and Matriculation Board (JAMB), Philomina Chishe and five others for trial over alleged N35million fraud. Chieshe was alleged to have told operatives of the anti-graft commission that a snake swallowed the cash in question. The other five ... Read More »
Breaking: Ihedioha begins demolition of monuments built by Okorocha
Barely 24 hours after assumption of office, Imo State governor, Emeka Ihedioha has commenced the demolition of monuments built by the immediate past governor, Rochas Okorocha as his first action as governor. Ihedioha was sworn-in as the sixth Executive governor of the state on Wednesday. The Akachi tower, one of the many tourist attractions built by the former governor is ... Read More »
Absence of defence counsel stalls Tuface’ N53m libel suit against Blackface
The N53 million defamation suit instituted by Innocent Idibia (Tuface) and his manager, Efe Omorogbe against Augustine Ahmedu a.k.a Blackface was stalled on Thursday at an Ikeja High Court. When the matter came up before Justice Josephine Oyefeso, counsel to the defence was not available. Tuface’s counsel, Mr. Opeyemi Owolabi, told the court the business of the day was hearing ... Read More »
Appeal Court upturns judgment faulting Adekele’s qualification
The Court of Appeal in Abuja has set aside the April 2, 2019 judgment by Justice Othman Musa of the High Court of the Federal Capital Territory (FCT) which voided Adeleke’s candidacy in the last governorship election in Osun State on the grounds that he was not qualified, having not possessed valid secondary school certificate. A three-man panel of the ... Read More »
FirstBank demystifying financial inclusion with XploreFirst
Worried by the increasing rate of the unbanked population, the Federal Government, through the Central Bank of Nigeria (CBN), kicked off a campaign in 2012 to achieve 80 per cent financial inclusion of adult population by 2020. The CBN carried out the campaign through agency banking, mobile banking/mobile payments, linkage models and client empowerment, to reduce financially excluded adult Nigerians ... Read More »