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Thursday , 5 May 2016


FCMB deepens retail banking drive

GMD/CEO of FCMB, Mr. Ladi Balogun

First City Monument Bank (FCMB) Limited has continued to build a valuable franchise in the retail space. The lender has not only created innovative products and service offerings that resonate with the needs and lifestyles of the market, but also provide superior customer service that meets clients’ needs. This conscious drive by the bank to carve a niche for itself ...

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Buhari Returns Budget For The 3rd Time, Demands Final Copy

Buhari budget crisisd

The nation may still have to wait a little more over the 2016 budget. This is because the National Assembly committee and the one set up by the Presidency to rework the budget could not immediately work out answers to the issues that made the President to reject the budget in the first place. But to get over the issues, ...

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UBA Counts Blessings, Operates in 18 African countries, Targets 25

Tony Elumelu

The United Bank for Africa plans to extend its presence to six more African countries to bring the number to 25 as part of its continent-wide expansion drive. Apart from Nigeria, the bank presently operates in 18 other African countries and has reported strong growth in the subsidiaries, which now contribute about 25 per cent of the group’s operating revenue. ...

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CBN Officials Visits Fidelity Bank Headquarters

fidelity md

In line with the official statement that Fidelity Bank is cooperating with authority in the course of investigation,Officials of the Central Bank of Nigeria’s Compliance Unit on Tuesday visited the headquarters of Fidelity Bank Plc in Lagos in connection with the ongoing investigations into the $115m (N23bn) scam involving the Managing Director of the bank, Mr. Nnamdi Okonkwo, and the ...

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Gov Ahmed promises better working conditions for Journalists

kwara gov ahmed

Kwara State Governor, Dr Abdulfatah Ahmed, has reiterated his commitment to enhancing and improving working conditions of journalists working with the state while assisting their counterparts to discharge their responsibilities as the authentic voice of the people and as a bridge between government and the citizens.   Governor Ahmed gave this assurance in a statement signed by his Chief Press Secretary, ...

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L-R: Engr. Mrs Osarieme Osakue, Federal Ministry of Power, Works and Housing; Engr. Godwin Eke, Federal Controller of Works, Lagos; Chief Mike Ajayi, GM, Western Port;  and  Ashif Juma, MD/CEO, AG-Dangote Construction company  during inspection  of AG – Dangote concrete road construction at Itori – Ibese Road, Ogun State by Nigeria Port Authority and Federal Ministry of Works   Hope ...

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Fidelity Bank Appoints, Balarabe, New Acting MD..His pix & c.v


In the absence of the Managing Director/Chief Executive, Mr. Nnamdi Okonkwo, the Board of Directors of Fidelity Bank Plc has appointed the Executive Director, North, Alhaji Mohammed Lawal Balarabe, as the Acting Managing Director/Chief Executive Officer of Fidelity Bank Plc. A statement issued this night by Fidelity bank said the appointment is “with immediate effect subject to regulatory approval.” “The ...

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E-Revenue Sustainability Conference holds in Abuja May 10

Kemi Adeosun, Nigeria's Finance Minister

Preparations are already in top gear ahead of the maiden edition of the E-Revenue Sustainability Conference, an annual forum organized by Intermarc Consulting Limited and other stakeholders in the financial services sector of the economy. According to the organizers, the conference will proffer strategies and tactics to grow revenues from existing and new IGR sources within the federation, while also ...

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Diezanigate: EFCC Arrests Laitan Adesanya, CEO Lenoil Nigeria Ltd

diezeani and lenoil

In a continuation of the probe into how the Peoples Democratic Party allegedly bribed some officials of the Independent National Electoral Commission before the 2015 presidential election, the Economic and Financial Crimes Commission (EFCC) has arrested an oil tycoon, Mr. Laitan Adesanya, for his alleged role in the $115m (N23bn) bribe funds. We learnt on Sunday that Adesanya, who is ...

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FG ignores N56, 000 minimum wage proposal


The Federal Government on Sunday kept mum over the recent demand by the organised labour for a new minimum wage of N56,000. The issue of the minimum wage was not mentioned by the Minister of Labour and Employment, Dr. Chris Ngige, who represented President Muhammadu Buhari, at the May Day rally in Abuja.  Officials of the Nigeria Labour Congress expressed ...

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