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Saturday , 23 June 2018

Press Release

CBN retains rates, worries over elections spending, budget

Worried by expected high election spending and capital releases from the 2018 budget to be signed by President Muhammadu Buhari soon, the Central Bank of Nigeria has retained interest rate benchmark at 14 percent to mitigate the impact on inflation. The CBN Governor, Mr Godwin Emefiele, made this known after the two-day meeting which was held by the committee in ...

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UBA Empower Students With ‘UBA Learn’

United Bank for Africa(UBA) has introduced a unique and innovative product, called ‘UBA Learn’ targeted at helping students achieve all round academic success.  The Product, an online Learning Platform for students powered by Roducate, was launched yesterday, May 17, 2018 with particular emphasis on helping students within the age range of 5-16years and 17-24 attain academic excellence, while ensuring that the parents and teachers ...

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Ebola spreads to more cities in Congo

Congo’s health minister says Ebola has spread to more cities including the capital of Equateur province, a worrying shift in the new outbreak in the northwest. Health Minister Oly Ilunga said two suspected cases of hemorrhagic fever were reported in the Wangata health zones, which includes Mbandaka city, about 150 kilometers (93 miles) from Bikoro, the rural area where the outbreak began. He ...

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No more cancerous pain for Aisha Abimbola ,buried yesterday in Canada

Nollywood actress, Aisha Abimbola popularly called ‘Omoge Campus’ who passed away after a long battle with breast cancer was buried around 8.30 Nigeria time yesterday night in Canada. According to an official statement by Saidi Balogun the President of ‘The Golden Movie Ambassadors of Nigeria’ (TGMAN), ‘we wish to announce to the public that the remains of Amb.AISHA ABIMBOLA( omoge campus) TGMAN Vice President. Will ...

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Zenith Bank Appoints New CFO, Mukhtar Adams

Zenith Bank Plc, has announced the appointment of Dr. Mukhtar Adam as its Chief Financial Officer (CFO). His appointment has been approved by the Central Bank of Nigeria (CBN). Dr. Mukhtar Adam holds a PhD in Finance from the Leeds Beckett University (UK); M.Sc. (Finance – Financial Sector Management) from University of London’s School of Oriental and African Studies, (UK); ...

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‘Ramadan moon will be sighted on Wednesday, May 16, 2018’

The National Space Research and Development Agency says it has successfully calculated and predicted that the first appearance of the first astronomical lunar crescent for Ramadan will be sighted on Wednesday, May 16, 2018. In a statement by the agency’s Head of Media and Corporate Communications, Dr. Felix Ale, the appearance of the moon was calculated by the Centre for ...

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Russia govt move to confiscate ,25 acres ,$31.8 million property of Jehovah’s Witnesses

On Thursday, May 3, 2018, the Saint Petersburg City Court will hear an appeal from Jehovah’s Witnesses against a ruling to confiscate their former national office in Russia. If the appeal is denied, the State can seize the 14-building complex immediately. The property spanning some 25 acres (10 ha) is valued at about $31.8 million (2 billion rubles). The original ruling by the Sestroretskiy District ...

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Fashola says Nigerians now enjoy better electricity..Do you agree?

The Minister of Power, Works and Housing, Babatunde Fashola, says when compared to the past, Nigerians currently enjoy better electricity supply. According to the Minister, this is the feedback he has gotten in recent times from right thinking Nigerians. The Minister said the right thinking Nigerians have revealed to him that they now spend less amount of money to power ...

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NNPC: we made trading profit of N250 billion

nnpc

The Group Executive Director, Finance and Account of the Nigerian National Petroleum Corporation (NNPC), Mr Isiaka Abdulrazak said the corporation made a trading profit of N250 billion in 2016. Abdulrazak said this in a quarterly publication of the NNPC, a copy of which was obtained by the News Agency of Nigeria (NAN) on Tuesday in Abuja. According to him, his ...

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UBA Promotes 2,000 Staff Across Africa

In line with its commitment to reward excellence and high performance, United Bank for Africa (UBA) Plc, has announced the promotion and elevation of about 2000 of its work force, representing about 17% of total staff strength across the group. This is in recognition of the remarkable contribution the staff members have made to the bank’s business growth as highlighted ...

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