Keystone Bank wins ‘Retail Bank of the Year 2024’ award
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Bayo Adetu
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July 16, 2024
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BUSINESS
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Keystone Bank Limited, has emerged as the ‘Retail Bank of the Year’ at the just concluded Africa Industrial and Development Conference and Awards 2024. The bank was presented with the prestigious award during the Nigeria Middle East Investors Expo and Awards ceremony held at Transcorp Hilton, Abuja, over the weekend. The African Industrial and Development Conference and Awards is an …
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Sterling One Foundation Announces Afreximbank as Strategic Partner for Africa Social Impact Summit 2024
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Bayo Adetu
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July 16, 2024
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BUSINESS
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To foster more private sector participation in the drive towards the achievement of the Sustainable Development Goals (SDGs) in Africa, the Sterling One Foundation has announced African Export-Import Bank (Afreximbank) as its strategic partner in hosting the third edition of the Africa Social Impact Summit (ASIS) to be held from July 25 -26, 2024 in Lagos, Nigeria. The event …
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Zenith Bank emerges Best Commercial Bank, Best Corporate Governance in Nigeria at World Finance 2024 Awards
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Bayo Adetu
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July 9, 2024
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BUSINESS
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Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for a fourth consecutive year. The bank was also named as Best Corporate Governance, Nigeria for the third year running in the World Finance Corporate Governance Awards 2024. The awards, which were published in the Summer 2024 Issue …
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Wema Bank Commemorates International Day of Cooperatives in Collaboration with Lagos State Government
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Bayo Adetu
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July 8, 2024
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BUSINESS
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…Reiterates Commitment to Empowering Cooperative Societies for Optimal Productivity through CoopHub Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank ALAT, has reiterated its commitment to empowering cooperative societies for optimal productivity through its digital solution for cooperatives, CoopHub, at the Lagos State Government Ministry of Commerce, Cooperatives, Trade and Investment International Day of Cooperatives …
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FIRS Chairman Calls for Strengthening of Internally Generated Revenue Capacity
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Bayo Adetu
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July 8, 2024
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BUSINESS
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The Chairman of the Federal Inland Revenue Service (FIRS), Dr Zacch Adedeji PhD, has emphasized the need to enhance the Internally Generated Revenue (IGR) capacity in order to improve revenue administration processes, particularly at the subnational level. Dr Adedeji stressed the importance of increasing the efficiency and effectiveness of revenue generation at the state and local government levels in order …
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Al-Hatyq Travel&Tours unveils flexible installment payments for August Umrah
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Bayo Adetu
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July 6, 2024
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BUSINESS
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Following a successful 2024 Hajj season, Al-Hatyq Travel and Tours has unveiled a convenient payment plan for pilgrims planning to embark on the August Umrah. This was contained in a statement signed by the travel agency’s Media Consultant, Motolani Oseni, who explained that the firm now offers instalment payments, easing the financial burden for individuals committed to fulfilling their religious …
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Fidelity Bank Affirms Industry Leadership with Publication of Its ISSB-Compliant Sustainability Report
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Bayo Adetu
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July 5, 2024
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BUSINESS
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In demonstration of its leadership in the Sustainability space, leading financial institution – Fidelity Bank Plc – has emerged the first bank to publish its 2023 ISSB-Compliant Sustainability and Climate Report in the Nigerian banking industry. Hosted on the bank’s website on 30 June 2024, the report provides insights into the Bank’s Governance, Strategy, Risk Management, Metrics and Targets around …
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£2.6bn Fraud: Petro Union Directors Lose Bid to Stop Trial
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Bayo Adetu
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July 5, 2024
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BUSINESS
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A Federal High Court in Lagos on Wednesday dismissed a No-Case-Submission application filed by three Directors of an oil firm, Petro Union Oil and Gas Limited, who are currently standing trial over an alleged £2.6bn fraud. The trial judge, Justice Mohammed Liman, held in his ruling over the application that the Federal Government had made out a prima facie case …
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FIRS urges states to prepare for tax reforms
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Bayo Adetu
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July 4, 2024
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BUSINESS
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The Federal Inland Revenue Service (FIRS) Chairman, Dr. Zacch Adedeji, has urged state governments to brace up for the tax reforms about to be released. Adedeji emphasised the importance of a robust Internal Generated Revenue (IGR) system at 155th Meeting of the Joint Tax Board (JTB) in Suleja, Niger State. He enjoined the state governments on the need to optimise …
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Court orders popular cleric Daddy Hezekiah to pay Polaris Bank manager N10m for human rights abuse
A Federal High Court in Abuja has ordered popular Anambra cleric and founder of Living Christ Mission, Rev. Onokogu Hezekiah (also known as Daddy Hezekiah), to pay N10 million to Polaris Bank manager, Hezekiah Duru, for violating his fundamental human rights. The cleric had filed a petition against Duru, accusing him of financial misappropriation and breach of trust, which led …
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