FirstBank hosts Financial Market Dealers Association (FMDA) quarterly meeting 

First Bank of Nigeria Limited has announced that it will host the Financial Markets Dealers Association’s (FMDA) quarterly meeting scheduled for 5pm on Friday, 16 September 2022, at Federal Palace Hotels, Victoria Island, Lagos. The event themed “Nigeria Macroeconomic Developments and Outlook: IMF View” will have its keynote address delivered by Ari Aisen, IMF Resident Representative for Nigeria.  In a statement issued by the …

Continue Reading

Delta airline suspends New York to Lagos flights

Effective October 4, 2022, Delta Air Lines will suspend its flights between New York JFK airport and Lagos. The airline disclosed this via a statement, stating that the route suspension was to fit into “the current demand environment.” The statement read, “Delta is suspending its nonstop service between New York-JFK and Lagos to fit the current demand environment. “The airline …

Continue Reading

FirstBank commemorates its Annual Corporate Responsibility & Sustainability week and promotes kindness across over 7 countries 

In furtherance of its continued commitment to impacting the lives of individuals in its host communities across 7 Countries: Nigeria, United Kingdom, Ghana, DRC, Guinea, Sierra Lone, Senegal and Gambia, First Bank of Nigeria Limited has announced the Fifth edition of its Corporate Responsibility & Sustainability (CR&S) week, scheduled for 22- 27 August 2022. The event which is themed:  “Kindness…. …

Continue Reading

H1 2022: Zenith Bank advances with strong double-digit growth in gross earning 

In a clear demonstration of its industry leadership and consistency in providing superior financial returns, Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2022, recording an astounding double-digit growth of 17% in gross earnings from N346 billion reported in H1 2021 to N405 billion in H1 2022.  This is in spite of a very …

Continue Reading

Electricity workers call off strike

National Union of Electricity Employees (NUEE) has called off its nationwide strike. The decision followed an emergency meeting with the Minister of Labour and Employment, Chris Ngige on Wednesday. The minister’s spokesman Olajide Oshundun, announced that Ngige intervened in the industrial action. NUEE Secretary General, Joe Ajaero, assured that electricity would be restored across the country tonight. The workers shut …

Continue Reading

Electricity: Why we failed to generate 5,000MW as promised – Minister

The Minister of Power, Abubakar Aliyu, has blamed the government’s inability to increase electricity generation to 5,000 MW on gas supply problems. He said instead of increased generation as the government promised, the country’s output has continued to be unstable, and fell to 4100MW on Wednesday. Mr Aliyu spoke to journalists Wednesday after the Federal Executive Council meeting in Abuja. …

Continue Reading

Sterling Premieres Anthology of Nigerian Literature with Farafina 

Sterling Bank Plc has collaborated with Farafina Books, Nigeria’s leading independent literary publishers, to launch a premier anthology of the best of Nigerian writings spanning 200 years, from 1789 to 2018.  The anthology, titled: “A Possible Future,” was curated to preserve the gems of Nigeria’s literary history, promote a reading culture in the country as well as to support featured …

Continue Reading

Unity Bank Rolls Out Yanga Market Penetration Campaign, Targets Millions of Underbanked Women

Retail lender, Unity Bank Plc has deployed a new marketing campaign targeted at reaching millions of women entrepreneurs, especially the underbanked across Nigeria with its new retail product, the Yanga account. Starting this August, the lender shall deploy strategic marketing campaigns leveraging several channels including the traditional and digital media to drive value proposition and increased adoption of the Yanga …

Continue Reading

First Set of Winners Emerge in Union Bank’s Save & Win Palli Promo 2

Leading financial institution Union Bank of Nigeria has rewarded the first set of winners in the second edition of its Save & Win Palli promo. The first live draw of this season, which took place at Union Bank’s Head office in Lagos, saw 50 customers win cash prizes of ₦105,000 each. The winners were selected randomly through a transparent, and electronically generated …

Continue Reading