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FIRSTBANK COMMEMORATES 2022 INTERNATIONAL YOUTH DAY, DEDICATING WEEK TO CELEBRATING YOUTH

LAGOS – First Bank of Nigeria Limited has announced its commemoration of the 2022 International Youth Day, globally celebrated on August 12, 2022 and themed: “Intergenerational Solidarity: Creating a World for All Ages.” According to a release e-signed by Folake Ani-Mumuney, Group Head, Marketing & Corporate Communications and made available …

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WHY COURT ORDERS SONNY ODOGWU’S ESTATE TO PAY ACCESS BANK N26BN, Awarded N200,000 Against Defendants

LAGOS – Estate of the late Chief Sunny Odogwu has been ordered to pay Access Bank Plc N26 billion in compliance with a 2015 judgment. According to Justice Daniel Osiagor of the Federal High Court in Lagos on Friday, August 5, 2022, dismissed the preliminary objection filed by the estate …

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Redefining Supply Chain In Nigeria’s Retail Market Space

There is hardly a neighbourhood in the country where a retailer is not found and a vacuum automatically gets created in the absence of a formal retail store on any street. The retail business is growing with the redefinition of how supply meets demand. Most recently, retailers need not worry …

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Women: Major Force In Nigeria’s Retail Sector

By Phillips Ilerioluwa In its report highlighting the impact of women on Nigeria’s economic development, PwC Nigeria, Advisory partner and Chief Economist, Andrew Nevin, indicated that women account for 41 percent ownership of micro-businesses in Nigeria, with 23 million female entrepreneurs operating within this segment.  The strong entrepreneurial spirit of …

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Nigeria’s Digital Economy To Make Significant Contribution To GDP

Remarkably, the Nigerian digital economy holds immense potential for the overall growth of the economy. As projected by the Minister of State Budget and National Planning, Prince Clem Ikanade Agba, the digital economy would raise the country’s Gross Domestic Product (GDP) to 15 percent by 2025. While there are so …

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Digital Economy: Abiodun Commissions Sub-Sahara Africa’s First Fibre Optic Cable Factory In Ogun (Photos)

…Says Pioneer Factory Will Boost Administration’s ICT Innovation SAGAMU – The Ogun State governor, Dapo Abiodun on Thursday, July 14, 2022 inaugurated  the first fibre optic cable manufacturing factory in West Africa and the fifth in Africa, declaring the factory would be a further boost to his administration’s innovation and …

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Dangote Cement’s Past Consumer Promo Winners Recount Gains, Commend Dangote For Transforming Their Lives

LAGOS – Two years down the line, past winners of the Dangote Cement consumer promo have commended the management for the positive economic impact of the promo on their lives. Just as the company is set to roll out the season three of its promo, some of the winners who …

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How Zenith Bank Retains Position As Nigeria’s Best Commercial Bank

…Scoops Best Corporate Governance Bank Award At World Finance 2022 Awards LAGOS – Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2022, retaining the award for a second consecutive year. The bank was also named as the Best Corporate Governance Bank, …

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Day Court Orders Sealing Of Zenith Bank Premises In Owerri

OWERRI – An Industrial Court in Owerri, capital of Imo State, has ordered that Zenith Bank Branches in Owerri be sealed until the judgment debt of NI, 970,666,584.68k (One Billion, Nine Hundred and Seventy Million, Six Hundred and Sixty-Six Thousand, Five Hundred and Eighty-Four Naira, Sixty-Eight Kobo) liable by the …

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How MTN’s MoMo PSB N23bn Fraudulently Transferred Into 8,000 Accounts, One Month After Launch

LAGOS – The Banking subsidiary of MTN Nigeria Communications Plc – Momo Payment Service Bank Limited (MPSBL), is currently enmeshed in an alleged N23 billion fraud scandal, one month after the launch of the platform.            It was scooped that the mobile money banking firm has urged the Federal High …

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