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In line with its commitment towards giving back and impacting lives, UBA Foundation – the corporate social responsibility arm of United Bank for Africa (UBA) Plc – has kicked-off a week-long series of activities aimed at promoting mental health awareness for staff and customers starting with a panel session on Wellness at the Workplace. Whilst studies revealed that over 19% ... Read More »

…To add 750, 000MTs via rain-fed cultivation, reduce annual import by 60% In a bid to meet high demand amid poor production capacity of wheat, the Central Bank of Nigeria and Heritage Bank Plc have adopted a novel but more robust approach to boost local production and reduce dependence on importation. The partnership is basically to consummate Wheat Seed Multiplication ... Read More »

Ecobank Nigeria has commenced an intensive sensitization of its customers on the inherent benefits of the e-Naira, which was recently introduced by the Central Bank of Nigeria (CBN). e-Naira is a Central Bank Digital Currency (CBDC) issued by the apex bank as a legal tender. It is the digital form of the Naira and will be used just like cash ... Read More »

GMD/CEO of NNPC Ltd, Mallam Mele Kyari has been commended for transforming the fortunes of the NNPC from a position of loss-making into a profit- making venture.   The Public Policy Research & Analysis Centre (PPRAC) gave this commendation while conferring its “2020 Zik Prize for Public Service Leadership’’ on the GMD, at the Eko Hotel, Lagos, at the weekend.   ... Read More »

The general public is hereby adviced not to engage in panic buying of Premium Motor Spirit, more commonly known as petrol. The NNPC has over 1.7 billion litres of petrol in stock and more product is expected to arrive into the country daily over the coming weeks and months. It is therefore unnecessary to entertain any fear of scarcity of ... Read More »

South Africa’s MTN Group sells 575m Nigerian shares this November, as it announces very strong third-quarter earnings in September 2021. The 547 million shares represent a tiny 3% of its shares in MTN Nigeria. It however makes good the pledge to divest 14 percent of its holdings to local investors. The sale furthers the intent of the company to localize ... Read More »

MTN Nigeria has announced the commencement of the second round of the 2021 edition of the mPulse Spelling Bee. The first 1000 participants with the highest score among over 13,000 entrants have progressed to the second round of the competition. Text messages were sent to successful participants and their names have been published on the mPulse website. The shortlisted candidates, ... Read More »

Stanbic IBTC Holdings Chief Executive, Dr. Demola Sogunle, stated in a recent interview that at Stanbic IBTC, we consider infrastructure development as a key driver of economic growth and development. This is one of the reasons behind the launch of the Stanbic IBTC N100 billion Infrastructure Fund. We aim to deploy proceeds of the fund for the development of infrastructure ... Read More »

First Bank of Nigeria Limited created FirstSME Account to add to its SME product family in support of small and medium scale business owners by sustaining and expanding their business. AMAKA IFEAKANDU looks at what the facility offers and how SMEs owners can key in to boost their businesses. There is no doubt that Small and Medium scale Enterprises (SMEs) ... Read More »

The NNPC Ltd hereby urges the general public not to engage in panic buying of petroleum products, as the Company has sufficient stock of the products that will last the festive period and beyond. The NNPC is also engaging all stakeholders to ensure smooth supply and distribution of products to every part of the country. Read More »