FG tasks oil companies on workable, quick energy transition strategies
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Bayo Adetu
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March 2, 2022
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BUSINESS
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By Ella Anokam The Federal Government has tasked the National, International and Indigenous Oil Companies to come up with workable and accelerated energy transition strategies for the country. This includes focusing on critical factors that can make them happen, whether these factors relate to the government, society, policy makers, technology, investors or the industry itself. Chief Timipre Sylva, Minister of …
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2023 elections: Expert tasks investors on long-term investment strategy
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Bayo Adetu
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March 2, 2022
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BUSINESS
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By Ginika Okoye Ekanem Etim, an Assistant Vice-President with DLM Advisory, has advised investors to approach investing from an overall portfolio perspective and create a workable blueprint to be followed in the long-term. Etim said in a statement on Tuesday, that most investors usually pondered on the best investment strategies to adopt, especially in an election year. She explained that …
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Zenith Bank remains resolute, beats market expectations with double-digit growth in gross earnings
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Bayo Adetu
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March 1, 2022
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BUSINESS
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Zenith Bank Plc has announced an impressive result for the year ended December 31, 2021, recording a double-digit growth of 10% in gross earnings which rose to N765.6 billion from N696.5 billion reported in the previous year. This is despite a challenging macroeconomic environment aggravated by the coronavirus (COVID-19) pandemic. According to the bank’s audited financial results for the 2021 …
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Comptroller Albashir Hamisu Seizes Over N300 Million Contrabands In February
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Bayo Adetu
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February 26, 2022
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BUSINESS
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In continuation of the fight against smuggling, the Federal Operations Unit (FOU) Zone B Kaduna, under the leadership of Comptroller Albashir Hamisu made 84 seizures worth N320,305,521.78 from 28 January to 23 February 2022. Comptroller Hamisu, in a media parley on 25 February 2022 in his office, disclosed that 1,214 bags of foreign parboiled rice, a truckload of donkey hides …
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WEMA Bank MD counsels accountants on cyber security, data protection
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Bayo Adetu
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February 22, 2022
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BUSINESS
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The Managing Director and Chief Executive Officer of Wema Bank Plc, Mr Ademola Adebise, has advised accountants to store data safely and protect them against cybersecurity threats and other criminal breaches. Adebise said this on Tuesday at the 16th Institute of Chartered Accountants of Nigeria (ICAN) Western Accountants Conference themed ‘Digital Economy: Whither the Professional Accountant’ held in Ijebu-Ode, Ogun …
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NDLEA Intercepts Counterfeit $4.7million Cash, Arrests Nursing Mum For Drug Offence
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Bayo Adetu
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February 20, 2022
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BUSINESS
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Operatives of the National Drug Law Enforcement Agency, NDLEA, have foiled attempt by a syndicate to steal at least N2.7 billion from the Nigerian economy by pushing into circulation fake $4.7 million cash. According to Femi Babafemi, Director, Media & Advocacy, the operatives had in the early hours of Friday 18th February 2022 intercepted a consignment sent from Lagos to Abuja …
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Polaris Bank donates towards construction of distance learning center in Kwara State Polytechnic
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Bayo Adetu
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February 17, 2022
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BUSINESS
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Polaris Bank Limited has reiterated its commitment towards improving the standard of education in Nigeria through its Corporate Social Responsibility interventions. The Bank made the commitment in Ilorin, Kwara state capital on Tuesday at the presentation of a cheque of N5million to support the management of Kwara state Polytechnic, Ilorin, for the take-off of Open Distance Learning project of the …
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Valentine Season: Polaris Bank Excites Existing and Prospective Customers with Mouthwatering Rewards
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Bayo Adetu
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February 14, 2022
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BUSINESS
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Polaris Bank has announced plans to delight its existing and new customers this Valentine season with a series of mouthwatering rewards. The Bank announced this over the weekend through its Group Head, Strategic Brand Management, Mr. Nduneche Ezurike, while intimating the general public about its Valentine Campaign tagged “Valentine Purple Love Season.” Mr. Ezurike said that “The reward campaign …
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FirstBank felicitates with Junior Achievement Nigeria on Nobel Peace prize nomination
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Bayo Adetu
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February 11, 2022
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BUSINESS
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In recognition of the giant strides and efforts by Junior Achievement Worldwide – the parent body of Junior Achievement Nigeria and other Junior Achievement across 119 countries – in equipping young people to solve societal issues, whilst building an entrepreneurship mindset, Junior Achievement World Wide –– has been nominated for the 2022 Nobel Peace Prize. Asheesh Advani, CEO of JA …
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FirstBank rewards customers in its Visa Gold Cashback campaign
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Bayo Adetu
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February 8, 2022
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BUSINESS
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In furtherance of its appreciation of customers, whilst promoting the adoption of mobile payment solutions in the country, FirstBank is rewarding holders and customers of its branded Visa Gold card in its ongoing Visa Gold card. The promo which will have over 300 Visa Gold cardholders rewarded during the promo is scheduled to end on 25 March 2022. Each month, …
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