In what has been termed a significant milestone in the advancement of Nigeria’s domestic gas industry and the generation of gas revenues, Temile Development Company Ltd -a key indigenous player in the oil and gas industry- recently commissioned a 23,000 cubic meters ultramodern Liquefied Petroleum Gas (LPG) Carrier. Named ‘Alfred Temile 10’, the vessel was part-financed by leading Nigerian bank ... Read More »
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Update : Decongestion : Redeployed 1,500 CBN staff resume at Lagos office
At least 1,500 members of staff of the Central Bank of Nigeria will on Friday resume at its Lagos office following their redeployment from the headquarters, Newsthumb has learned. A source at the apex bank told our correspondent exclusively that the plan, though heavily criticised, was still in motion, and affected staffers would be resuming on Friday. “Yes, the plan ... Read More »
NOVAmbl Asset Management Dollar Fixed Income Fund Named Best Performer of 2023
The NOVAmbl Asset Management’s Dollar Fixed Income Fund has been named as the best-performing Dollar Fund in 2023 by Nairametrics, the leading financial information and content creation company based on data from the Securities & Exchange Commission (SEC). NOVAmbl Asset Management is a subsidiary of NOVA Merchant Bank. SEC had reported that a total of 21 dollar funds registered during ... Read More »
Fidelity Bank to Promote young Writers Nationwide with Its Read2Lead Initiative
As part of its Corporate Social Responsibility (CSR) initiatives designed to empower Nigerian youths with quality education, leading financial institution, Fidelity Bank Plc, has launched a creative writing competition for secondary school students dubbed Read2Lead. Themed Read2lead, the three-stage competition would see secondary school students hone their reading and writing skill while competing for millions of naira in cash rewards, ... Read More »
Update : 2024 Economic Outlook : FG will be able to save N8tn annually from the fuel subsidy removal and unify exchange rate policies, Says Oyedele
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said the Federal Government will be saving N8tn annually from the fuel subsidy removal and exchange rate unification policies. Oyedele spoke during a panel session at the Lagos Chamber of Commerce and Industry 2024 Economic Outlook and Budget Analysis. He, therefore, said it was critical for ... Read More »
Ecobank Group Unveils ‘A BETTER WAY | A BETTER AFRICA’ Brand Campaign at the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023
Ecobank, the leading pan-African financial services group, unveils its new brand campaign ‘A BETTER WAY | A BETTER AFRICA’ yesterday, at the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 (AFCON). Ecobank is a proud official sponsor of the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 and is leveraging the unifying, exhilarating, and progressive spirit of African ... Read More »
HabariPay’s Squad Launches Take on Squad Hackathon 1.0 for Young Innovators
In line with its mission of empowering businesses and young innovators across Africa, HabariPay’s Squad has announced the launch of its first-ever hackathon, “Take on Squad Hackathon 1.0.” The social coding event is scheduled to hold on January 19th and 20th 2023, at the state-of-the-art GTCO Training Complex, Tayo’s Plaza, Abeokuta, Ogun State. Take on Squad Hackathon 1.0 is targeted ... Read More »
NOVA Merchant Bank set to Begin Commercial Banking, Appoints Adebowale Oyedeji as MD/CEONOVA
Merchant Bank Limited, a leading merchant bank in Nigeria, has announced that it is set to begin its conversion to full Commercial Banking Business following its recent requisition of the national commercial banking license from the relevant authorities.To this end, the Bank has appointed Mr. Adebowale Oyedeji, as the new Managing Director and Chief Executive Officer to effectively stir its ... Read More »
BREAKING: President Tinubu signs N28.78tn 2024 Budget into law
President Bola Tinubu has just signed the N28.78 trillion 2024 Budget into law at the Presidential Villa, Abuja. President Tinubu, who arrived his office from the airport at exactly 2pm, headed straight for the brief budget signing ceremony, surrounded by senior government officials. Among those with the President while he signed the budget were the President of the Senate, Senator ... Read More »
ZENITH BANK NAMED BEST BANK FOR DIGITAL SOLUTIONS IN NIGERIA BY EUROMONEY
Zenith Bank Plc has been named the “Best Bank for Digital Solutions in Nigeria” in the Euromoney Awards for Excellence 2023, underscoring the bank’s pioneering and outstanding achievements in delivering cutting-edge digital financial solutions. Speaking on the recognition, the Group Managing Director/CEO of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, said, “We are delighted to receive the distinction as the Best ... Read More »