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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 ...
June, 2016
May, 2016
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9 May
UBA Provides N236.4 billion For NNPC/Chevron 36 New Oil Wells
The United Bank for Africa, UBA, has said that it has signed a $1.2 billion oil financing agreement with the Nigerian National Petroleum Corporation, NNPC joint venture with Chevron Nigeria Limited, CNL, to fund the development of 36 new oil wells. The deal is expected to help significantly expand Nigeria’s oil production capacity, which currently stands at an average of ...
April, 2016
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8 April
CEO,Phillip Oduoza Reveals 3 Factors That Give UBA Edge In 2015
The Group Managing Director /CEO, UBA Plc, Mr. Phillips Oduoza has, said: “Our 2015 profit is a new high, reflecting the hard work and discipline of our board, management and staff in creating value for all stakeholders. We remain committed to growing in a responsible manner that aligns with our vision of building an enduring institution.” He said the bank’s resilient ...
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1 April
Diamond Bank rewards 300 loyal customers with N20,000 cash-back
Diamond Bank customers are in for a great time as the Bank is offering N20,000 cash-back reward to users of its Visa debit card for transactions on POS or online stores during the Easter period. The offer opens from March 23 to April 8, 2016 and extends to only debit card transactions on POS and online stores within Nigeria. ...
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1 April
GTBank Marks World Autism Awareness Day With Walk and Cycling Campaign
Foremost African financial institution, Guaranty Trust Bank plc, in partnership with the Cycology Club, Patricks Speech and Languages Centre, The Centre for Children Development, Parents of children living with Autism and other non-governmental organizations, are organizing a walk and cycling campaign around the Lagos metropolis on Saturday, April 2, to mark the 2016 World Autism Awareness Day. The Walk for ...
March, 2016
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24 March
Tony Elumelu’s $100m Foundation Attracts 1000 New Entrepreneurs
The Tony Elumelu Foundation (TEF) announces the selection of 1,000 entrepreneurs for the 2nd round of the Tony Elumelu Entrepreneurship Programme (TEEP). Launched in 2015, TEEP is the largest African philanthropic initiative devoted to entrepreneurship and represents a 10-year, $100 million commitment, to identify and empower 10,000 African entrepreneurs, create a million jobs and add $10 billion in revenues ...
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24 March
Fidelity Bank Raises N30billion MSMEs Fund
Fidelity Bank Plc has said the N30 billion it is raising from the Nigerian capital market will be injected into funding of Micro Small and Medium Enterprises (MSMEs) especially those focused in non-oil exports. Managing director/chief executive of the bank, Nnamdi Okonkwo, said he foresees an imminent growth in non-oil export as more Nigerians, governments begin to wake up to ...
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21 March
Zenith Gets CBN Kudos For Funding Non-Oil Export
Central Bank of Nigeria (CBN) Deputy Director, Trade and Exchange Department, W. D. Gotring has ranked Zenith Bank Plc high among non-oil export supportive banks. Speaking at international trade seminar organised by Zenith Bank Plc in Lagos, with theme: ”Exporting for growth: Opportunities in non-oil export”, he called on the government and other stakeholders to diversify the economy from oil ...
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4 March
Panic In Fidelity Bank As EFCC Targets Executives Over Pension Scam
Executives Officers of Fidelity Bank may soon be the guests of Economic and Financial Crimes Commission (EFCC) for allegedly employing a man, Aliyu Biu to facilitate grabbing a juicy police pension account from First Bank. Aliyu Biu was hired after his elder brother, former Pension Reform Task Team chairman, Abdulrasheed Maina, who allegedly agreed to move N8 billion police pension ...
February, 2016
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20 February
Sanusi To Buhari: You Don’t Know Economics, Naira Is Devalued!
Emir of Kano Muhammadu Sanusi II believes Naira has already been devalued – Sanusi’s remarks comes against the backdrop of President Muhammadu Buhari refusal to devalue the currency of Nigeria – Sanusi says FG needs clarity of thinking in the handling of the foreign exchange policy The argument about devaluation of naira is misunderstood because the naira has already been devalued, ...
