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This is to notify that at the meeting of the Board of Directors of United Bank Of Africa on Monday 16, 2016, the following persons were appointed as Executive Directors of the Bank effective August 1, 2016, subject to the approval of the Central Bank of Nigeria: i Mr Ibrahim Puri( Executive Director North Bank) ii Mr Ayoku Liadi (Executive ...
May, 2016
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16 May
Zenith Bank Boost Electricity With $100 Million Credit Facility
Zenith Bank Plc, a foremost financial institution in Nigeria and French Development Agency (Agence Francaise de Development (AFD), operator of France’s bilateral development finance mechanism, have signed a US$100 Million power sector credit facility. The on-lending term loan being made available to Zenith Bank is to support new investments in the CAPEX (capital expenditure) of Distribution Companies (DISCOs) in the ...
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12 May
UBA,EXIM Bank Sign MOU In Kigali
Fred Hochberg, Chairman and President of the Export-Import Bank of the United States (EXIM Bank), and Phillips Oduoza, CEO and Group Managing Director of United Bank for Africa (UBA) Thursday signed a memorandum of understanding (MOU) with the goal of expanding trade between the U.S. and sub-Saharan Africa at the World Economic Forum Africa (WEF) in Kigali. The MOU is ...
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10 May
I won’t Allow Fulani Herdsmen To Operate In Ekiti – Fayose
The Ekiti State Governor, Ayodele Fayose, has said the state government will not release any portion of the state’s land to serve as grazing reserves for Fulani herdsmen. Fayose said he only supports a situation whereby state governments establish ranches for herdsmen in their local communities. He said moving large herds of cattle from one point to the other is ...
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10 May
GTBank MD Promises More Focus On Youth, As Master Cup Kicks Off
The semi-finals of the GTBank Master’s Cup, Season 5, kicks off on Thursday at the Onikan Stadium, Lagos with eight first generation and missionary secondary schools in Lagos State competing for the highly coveted cup in both the male and female categories. Commenting on the tournament, Segun Agbaje, the Managing Director of Guaranty Trust Bank Plc, stated: “Over the years, ...
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9 May
Access Bank MD, Wigwe Advocates Insurance For Better Nigeria
The Group Managing Director of Access Bank Plc, Mr. Herbert Wigwe, has said that Nigeria cannot grow without having a strong insurance industry as backbone. To achieve this, Access Bank, Wigwe said, is ready to partner with insurers to showcase insurance to Nigerians and espouse its relevance to national development. Wigwe, who spoke at an insurance forum organised by the ...
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4 May
Buhari’s Chief Of Staff, Abba Kyari, Seriouslly Ill
Government activities are reportedly sliding into coma at Nigeria’s Aso Rock seat of power as the Chief of Staff to President Buhari, Abba Kyari, battles an undisclosed illness, according to a report. The report, said that “Abba Kyari’s illness, which is said to be of an undisclosed nature, has slowed down the efficiency of the office of Chief of Staff ...
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3 May
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 ...
April, 2016
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25 April
High Expectation As Adeosun, Idris & Fowler Speak On National Revenue
The Coordinating Minister of the Economy and Minister of Finance, Kemi Adeosun will lead other top stakeholders to deliver a lecture on ‘Developing a National Revenue Sustainability Framework’ at the E-Revenue Sustainability Conference 2016, an annual forum organized by Intermarc Consulting Limited. According to the organizers, the conference billed to hold from May 10 – 11 at the Shehu Musa Yar’Ádua Centre, ...
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22 April
Panic In Jonathan’s Camp , As EFCC Arrest Nenadi Usman
There are indications that ex-president Jonathan’s camp is uncomfortable with arrest of a major actor in funds transfer for his failed presidential bid..the Economic and Financial Crimes Commission arrested the Director of Finance of the Goodluck Jonathan Campaign Organisation, Senator Nenadi Usman, for allegedly receiving N2.5bn from the Central Bank of Nigeria. A top official of the EFCC, said the ...
