Category Archives: BUSINESS
First Bank MD, Adeduntan Resigns Abruptly As Action Fuels Crisis Tale Rocking the Institution
The Managing Director and Chief Executive Officer (CEO) of First Bank Nigeria Limited, Dr. Adesola Adeduntan, has resigned from the bank abruptly to pursue other interests. Adeduntan’s ‘s tenure is supposed to expire on 31 December, 2024 but he could
Wema Bank removes fintech partners from platform over fraud
Wema Bank has said that it has removed and suspended about seven fintech partners from its payment gateway platform over fraudulent activities. This is as the bank unveiled an anti-fraud campaign to protect its customers and other Nigerians against fraudulent
Wema Bank Customers Lost N685.6 Million to Fraud, Forgery in 2023
Wema Bank Plc customers suffered a N685.6m loss to fraud and forgery activities last year. This was revealed in the bank’s Audited Financial and Annual Report for the full year of 2023. The lender, which grew its customer deposits by 59.6 per
Fresh Board Squabbles Rock First Bank, threaten Recapitilisation
Fresh board squabbles rock First Bank, threaten recapitilisation A fresh round of squabbles is currently rocking the board of First Bank of Nigeria, a development shareholders fear poses major threat to the bid by the first generation financial institution to
The Role of Nigeria Custom in Food Smuggling, How to Tackle the Menace
The Nationals Bureau of statistics, NBS said Nigeria’s annual inflation rate rose to 29.90 per cent in January 2024 from 28.92 per cent in December 2023. Of utmost concern to Nigerians is food inflation and according to the report, food
Dangote Cement Wins Environmental Sustainability Award
The Dangote Cement Plc has emerged the winner of the 2023 NatureNews Environmental Sustainability Award. The award was conferred on the company Tuesday at the 3rd Anniversary Lecture of NatureNews and Presentation of the Hero of Environmental Actions for
Three Teams Emerge Winners in HabariPay’s Take-on-Squad Hackathon 1.0 for University Undergraduates
After days of intense collaboration, innovation, and problem-solving, three teams – Team Within, Team X, and Team Storepoint – emerged winners in the inaugural Take-on-Squad Hackathon 1.0 coding event held at the state-of-the-art GTCO Training Complex, Tayo’s Plaza, Abeokuta, Ogun
FG Commends Dangote Cement for Vital Roles in Economic Diversification
…Minister lauds Cement Plant’s promotion of best practices The Federal Government has commended the leading roles being played by the Dangote Group to complement government’s efforts to diversify the nation’s economy and the company’s dedication to promotion of
Senator Gbenga Daniel, Wife Undertake Strategic Visit to Kresta Laurel Partners in UAE
The senator representing Ogun East Senatorial District and former governor of Ogun State, Otunba Engr Gbenga Daniel, who is also the Group Chairman of Kresta Laurel Ltd, and his amiable wife, Yeye Olufunke Daniel, recently embarked on a significant working
Dangote Cement Rewards Distributors At Awards Night
For their continued loyalty, the management of Dangote Cement Plc, at the weekend rolled out the drums to celebrate its teeming distributors across the country. The funfair and celebration were in appreciation of its customers’ patronage in the previous years
