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Business

June, 2016

  • 7 June

    FCMB Targets 3.8m Customers, Opens Another Branch In Lagos

    GMD/CEO of FCMB, Mr. Ladi Balogun

    First City Monument Bank (FCMB) has announced the opening of its branch in Gbagada, in Lagos State with effect from June 13 this year. The lender also plans to raise its customers’ base to 3.8 million, with 600,000 expected join its base within this year. The new branch, on Diya Street, Ifako-Gbagada, is in line with its plan to make ...

  • 7 June

    N/Delta Govs To Osibajo :Ask EFCC To Drop Corruption Charges Across The Region To Stop Pipeline Attacks

    Governors of the South-South region who met with Vice President Yemi Osinbajo at the State House today called for a majority of the corruption cases in the region to be dropped by the Economic and Financial Crimes Commission (EFCC)….  The meeting was attended by Governors of Edo, Ondo, Delta, Akwa Ibom, Rivers, Bayelsa, Abia, as well as the Deputy Governor ...

  • 6 June

    FCMB Bankrolls 400 Eye Treatments

    First City Monument Bank (FCMB), has said it is set to offset the medical bills of over 400 Nigerians affected by cataract and other eye diseases, nationwide. According to a release by the bank, “By way of medical examinations, eye surgeries, provision of medication and eye glasses, beneficiaries will include indigent Nigerians-the underprivileged and senior citizens, drawn from all regions ...

  • 6 June

    Union Bank Focuses On Raising Shareholders’ Value

    union bank logo

    Union Bank Plc has assured shareholders that the bank would leverage on a new business model and ensure effective cost management in its 2016 operations in order to increase shareholders’ value in the current financial year. The chief executive officer of the bank, Mr Emeka Emuwa, stated this during the bank’s 47th yearly general meeting held in Lagos, yesterday. According ...

  • 6 June

    First Bank Reiterates Commitment To Creating Value For Customers

    First Bank of Nigeria Limited, a part of FBN Holdings has restated its commitment towards creating a value-chain of support for the interests and activities of its customers. The bank in a statement said it has packaged varying categories of products and services to support businesses across market segments. The services according to the bank has been moulded to ensure ...

  • 6 June

    FG recovers 183 buildings, 5 vessels, others from looters

    The Federal Government said on Saturday that it recovered 182 completed buildings, an uncompleted one and five maritime vessels from treasury looters. This is contained in government interim report on financial and asset recoveries from May 29, 2015 to May 25, which was made available to newsmen by the Minister of Information and Culture, Alhaji Lai Mohammed. Specifically, the report ...

  • 6 June

    2Face Baby Mamas Battle Annie Idibia

    Trouble is looming in the Idibia family love web as Annie and Pero’s (2Face’s baby mama who has three kids for him) sister, Eniola both exchanged words over Tuface’s lack of access to  Pero’s kids. Saturday Tribune gathered that trouble began when Annie started it all  by giving special praise to one of 2face’s other baby mamas, Sumbo Ajayi, describing  her as ...

  • 6 June

    FG opens special account for recovered loot

    Kemi Adeosun, Nigeria's Finance Minister

    The Chairman, Presidential Advisory Committee Against Corruption, Prof. Itse Sagay, has said an account had been set up for the funds. “An account has been set up for it and at an appropriate time, what is going to be done with the money will be made public. The amount that is available in that account will be announced and what ...

  • 6 June

    Fed Govt loses N1.3b daily to Avengers’ attacks on oil facilities

    Sustained attacks on pipelines by Niger Delta Avengers (NDA) have led to the daily loss of 140,000 barrels of crude from oil fields operated in Bayelsa State by Nigerian Agip Oil Company (NAOC) and Aiteo Oil, it was learnt yesterday. Using $48 per barrel price benchmark, the two oil firms are losing an estimated $6.72m (about N1.3 billion). Eni, an ...

  • 6 June

    Presidency Admits Buhari’s Ear Infection, Off to Hospital In UK

    President Muhammadu Buhari will on Monday begin a 10-day vacation to attend to an ear infection that has forced him to shelve some local and foreign trips lately.According to a statement on Sunday evening by his Special Adviser on Media and Publicity, Mr. Femi Adesina, the President is currently battling with what he called “a persistent ear infection.”  The presidential ...