Unity Bank Partners RIFAN Mega Rice Pyramid Display, Pledges More Support for Farmers

Agric-focused lender, Unity Bank Plc has partnered Nigerian rice farmers under the aegis of Rice Farmers Association of Nigeria, RIFAN to unveil a mega rice pyramid on the occasion of the National Rice Festival held in the Federal Capital Territory, Abuja on Tuesday. The event, which coincided with the flag-off of the dry season farming, was used to showcase the …

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Commercial Bank staff commits suicide

By Monday Osayande, Asaba  A staff of a commercial bank in Sapele, Delta State, Nwokorie Nnamdi Godson, has reportedly committed suicide on Sunday. The Guardian gathered the deceased hung himself at his residence in Ugbeyiyi but details of the incident is still sketchy when he was found dead. Sources said that he hung himself on a water tank scaffold after he dropped …

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Consumer loans rise by 37%, hit N2trn

By Babajide Komolafe The upward trend in consumer loans persisted as at October last year, rising 37 per cent, year-on-year, YoY, to N2 trillion, driven by improved credit appraisal and products diversifications offered by banks and other lenders. Volume of consumer loans was N1.47 trillion in October 2020. Financial Vanguard findings from the data by the Central Bank of Nigeria, CBN,  monthly …

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Exclusive: How FCMB Duped Sports Bet Company of N1b

If you’re investing on a mega business project and First City Monument Bank (FCMB) is your banker, you would reasonably have a rethink after reading this exclusive piece. It is a story of how the bank and its desperate crooked senior staff almost ruined a foremost sports betting company in Nigeria. It all started late in 2018 when the owner …

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Wema Bank Affirms Its Adherence, Best-in-Class Governance Processes

Nigeria’s leading digital bank, Wema Bank Plc, has reassured its stakeholders that it continues to operate with best-in-class governance processes. The bank also faulted the premise on which a non-governmental organisation, Transparency Nigeria Group, asked the Central Bank of Nigeria (CBN) to remove its Managing Director/CEO, describing the call as baseless. The bank reassured its customers and stakeholders that it …

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FirstBank convenes Nigeria economic outlook webinar for 2022, sets the tone for deliberations on continued economic recovery and business impact

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its “Nigerian Economic Outlook Webinar” convened to reflect national and global economic trends that shaped 2021, whilst forecasting the economic outlook of 2022.  The virtual event themed “A rearview look at 2021, lessons learnt-Outlook 2022” is scheduled by 1 pm on Thursday, 13th January 2022 …

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Emirates Super Jumbo Lifts Real Madrid For Spanish Super Cup

Real Madrid is all set for their epic match against Barcelona. The Emirates A380 emblazoned with the blue Expo 2020 “mobility” livery lifted one of the most popular clubs in global football all the way from Madrid, Spain, to defend their title at the Spanish Super Cup semi-finals on July 12.  Onboard this special charter flight, guests and players from …

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Buhari lifts ban on Twitter

President Muhammadu Buhari of Nigeria, has approved lifting of suspension placed on Twitter operation in Nigeria  President Buhari”s approval was announced by Mr. Kashifu Inuwa Abdullahi, CCIE, Chairman Technical Committee Nigeria-Twitter Engagement and Director-General National Information Technology Development Agency (NITDA). Kashifu, in a statement in Abuja, said the approval was given following a memo written to the President by Minister of Communications …

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Marwa Applauds NAOSRE As Operatives Nab Skit Maker, Others In Lagos Raids

The Chairman and Chief Executive Officer of the National Drug Law Enforcement Agency, NDLEA, Brigadier General Mohamed Buba Marwa, ret’d, has applauded the supportive role of the National Association of Online Security Reporters, NAOSRE to his administration in the year 2021. Speaking during an interactive session with NAOSRE President, Comrade Femi Oyewale Wednesday afternoon, Marwa noted with satisfaction that NAOSRE …

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Wema Bank Ranked among Customer Experience Leaders by KPMG

The support of Nigeria’s leading digitally driven financial institution, Wema Bank, for Small and Medium Enterprises (SMEs) has been recognized in the 2021 KPMG Nigeria Banking Industry Customer Experience Survey. The report classifies Wema Bank as number three in SME Banking, this is three-places higher than the bank’s 2020 classification. Wema Bank has been consistent in her drive to support …

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