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Zenith Bank Mukhtar Adam Wins African Business Leaders CFO of the Year Award The Chief Financial Officer of Zenith Bank Plc, Dr. Mukhtar Adam, has been named ‘Chief Financial Officer of the Year’ at the 11th All Africa Business Leaders Awards (AABLA) in partnership with CNBC Africa. According to the bank in a statement, the […]

FMDQ Set To Go Live with its Exchange-Traded Derivatives FMDQ Securities Exchange Limited, a wholly owned subsidiary of FMDQ Group PLC, with the support of the Securities and Exchange Commission (SEC), the Central Bank of Nigeria (CBN), FMDQ Clear Limited, and key market participants, is set to provide a long-awaited panacea to the Nigerian financial […]

Lafarge Africa Unveils Eco Label for its UniCem Cement Brand Lafarge Africa Plc has announced the launch of Eco Label brand to transparently communicate the environmental benefits of its sustainable building solutions. In a statement, the cement company said the Eco Label branding builds on its net zero pledge and supports its ambition to accelerate […]

Stanbic IBTC Nominees Wins Global Finance’s 2023 Best Sub-Custodian Bank in Nigeria Stanbic IBTC Nominees, a subsidiary of Stanbic IBTC Bank, has been honored with the prestigious Best Sub-Custodian Bank Award in Nigeria at the 2023 Global Finance Awards. This feat marks the 15th time the Bank has received this esteemed honour, reaffirming its commitment […]

EU’s Oil Imports from Russia Fall by 90% Following heavy sanctions, European Union’s (EU) oil imports from Russia plunged 90% in March compared with the average monthly figure in 2019-2022, recent official figures showed. The total imports of crude oil and petroleum products from Russia into the EU27 plummeted to 1.4 million tons in March […]

*To Withdraw Mobile Police From VIPs, Establishes Special Squad Against the backdrop of continued security challenges, Acting Inspector General of Police, Olukayode Egbetokun has announced the creation of a new Special Intervention Squad comprising 40,000 specially trained elite officers. He said, “In light of the current challenges, a series of operational strategies have been developed […]

THE Nigeria Deposit Insurance Corporation has said the deposits of directors and staff of defunct banks are excluded from its Deposit Insurance Scheme. This was disclosed during the Financial Literacy Day Programme organized by the NDIC on Monday in Abuja While discussing the mandate and the operations of the corporation, the Manager, Communications and Public […]

Troops of 5 Battalion operating under 16 Brigade, Nigerian Army, in a raid operation on Sunday, June 25, 2023 at Azuzuama Community in Ijaw South Local Government Area of Bayelsa State, have captured an armoury located in a camp from where suspected unrepentant militants and illegal oil bunkerers carried out their nefarious activities. During the […]

The newly elected leadership of the Nigerian Bar Association, Bwari Branch was inaugurated and sworn in on Monday, June 26 at the Gadis Event Center in Abuja by Mazi Afam Osigwe, SAN. The most recent elections, which were held ahead of the inauguration, were won by Mr. Paul Dauda, who is now the chairman of […]

The governorship election petition tribunal sitting in Nasarawa state has admitted evidences from four witnesses that testified before it on Monday. The legal fireworks is heating up as the election petition Tribunal for Nasarawa State resumed hearing of the petition filed by the governorship candidate of the People’s Democratic Party, David Emmanuel Ombugadu, challenging the […]

A Lawyer and Human Rights Activist, Bayo Akinlade Esq has raised alarm over a troubling trend that undermines the effective execution of the Administration of Criminal Justice System in Nigeria. In a statement, Akinlade claimed that the implementation of the Police Duty Solicitors Scheme (PDSS) in certain parts of Nigeria for the past 4 years […]

*Says Tinubu Would Have Lost If Buhari Removed Fuel Subsidy Garba Shehu, a former spokesperson for ex-President Muhammadu Buhari has explained that the former Nigerian leader put petrol subsidy removal and the unification of the country’s foreign exchange rates on hold “for a better time”. Shehu made this known in a statement on Monday exactly […]