The federal government has been urged to reconsider the ownership structure of Electricity Distribution Companies (DisCos) with a view to taking over controlling shares of the firms. This call was made by the Chairman of Heirs Holding and United Bank...
Two officers with the Ogba, Lagos branch of Sterling Bank Plc, James Oke, 28 and Moyosore Shofowora, 27 have been arrested and arraigned before a Lagos Magistrate Court for allegedly withdrawing the sum of N25,466,330 from the internal control...
The future of the Minister of State for Petroleum Resources, Ibe Kachikwu’s future appeared uncertain yesterday. President Muhammadu Buhari is said to be weighing options on Dr Kachikwu’s fate, following his allegations against Group Managing Director of the Nigerian National...
The Federal Government has released the proceeds of the N100 billion Sukuk bond to 25 key economic road projects of the Federal Ministry of Power, Works, and Housing across the country. The Honourable Minister for Finance, Mrs. Kemi Adeosun, on...
First Bank of Nigeria’s most valuable bank brand has joined the rest of the world in felicitating with its customers on this year’s Customer Service week, acknowledging their immense contributions to the Bank’s success. The theme of the 2017...
The board of Ntel, Nigeria’s first 4G/LTE-Advanced network, has announced the appointment of Ernest Akinlola, as its substantive Managing Director/Chief Executive Officer. Ernest is a senior executive with over 20 years extensive experience in Telecoms Media & Technology. According to the...
The premier financial institution and Nigeria’s most valuable bank brand, First Bank of Nigeria Limited has been named the first financial institution in Nigeria and the West-Africa sub-region to issue 10 million cards to customers across the country. This...
Nigerian Breweries Plc in partnership with the Federal Road Safety Corps (FRSC) on Thursday flagged off the 10th edition of the Don’t Drink and Drive campaign in Lagos. The campaign is a corporate social responsibility initiative by the company...
First bank Nigeria(FirstBank or the Bank), the foremost Nigerian bank, announced the acquisition of the remaining shares in FBNBank DRC Limited (FBNBank DRC), making it FirstBank’s wholly owned Subsidiary.F FirstBank said this follows its initial investment in FBNBank DRC (formerly...
First Bank of Nigeria Limited has initiated a whole week of celebrating its Corporate Responsibility and Sustainability (CR&S) initiatives from September 25 – 29, 2017. The historical FirstBank CR&S week themed ‘Promoting Kindness; Putting You First’ would witness the culmination...
The telecoms regulatory body of the country, Nigerian Communications Commission (NCC), has, in the last two years, remitted a total sum of N133,426,062,786 to the consolidated revenue fund of the Federal Government. Although NCC’s primary role is not to generate...
The Management of the Nigerian National Petroleum Corporation (NNPC) says it would soon begin the search for oil and other valuable hydrocarbon deposits in the Sokoto Inland Sedimentary Basin. Group Managing Director of NNPC, Maikanti Baru, disclosed this when he...