The Lagos State Government says it has started the “long awaited road project,” which will connect the Agric area of Ikorodu to the Lagos-Ibadan Expressway through the Arepo area of Ogun State.[powr-banner-slider id=f615b390_1500277847679] Governor Akinwunmi Ambode, at a stakeholders’ meeting on Tuesday on the road in the Agric area of Ikorodu, requested support and cooperation…
WAEC Results: 59.22% Pass Maths, English
The West African Examinations Council (WAEC), has released the May/June WASSCE results, withholding results of 13.79 per cent candidates as 59.22 per cent pass English Language and Mathematics.[powr-banner-slider id=f615b390_1500277847679] Speaking at a press briefing held at its corporate office, Yaba, Lagos on Monday, Head of National Office, Nigeria, Mr Olu Adenipekun said the performance results…
$500m Eurobond: Global Investors Validate UBA’s Pan-African Growth Strategy
Group Managing Director and Chief Executive Officer, United Bank for Africa Plc., UBA, Kennedy Uzoka says the $500 million Eurobond raised by the bank, which was 240 percent over-subscribed, reflects the strong global investor appetite for UBA’s credit and support for the Group’s pan-African financial services strategy. According to the Bank, the Global Offering is a five-year…
Heirs Holdings Appoints New Director Of Marketing, Corporate Communications
Heirs Holdings has appointed Pelumi Fadairo as Director of Marketing and Corporate Communications. Fadairo will be responsible for driving the Group’s strategic marketing objectives and coordinating brand management of its rapidly growing portfolio of Pan-African Investments in the power, financial services, oil and gas, hospitality, real estate and healthcare sectors. Prior to her appointment, Fadairo was the CMO…
CIBN Hosts World Conference Of Banking Institutes
The Chartered Institute of Bankers of Nigeria,CIBN, has announced its readiness to host all banking institutes, including over one thousand banking and finance professionals in the world at the 22nd edition of the World Conference of Banking Institutes which holds in Lagos from April 24 to 28, 2017 at Eko Hotels & Suites, Victoria Island,…
Valentine’s Day Marred By Recession
By Oluwatoyin Akinrinola The harsh economic conditions in the country was a spoil sport for many people who ordinarily wouldn’t have spared no expenses to give their loved ones a treat on Valentine’s Day Femi Abimbola, an engineer had always looked forward to February 14 with excitement. Popularly called Valentine’s or Lover’s Day, February 14…
The Hard Way Out Of Recession
The federal government faces an uphill task to pull the economy out of recession as the third quarter gross domestic product growth rate gives a faint hope of quick recovery When the National Bureau of Statistics, NBS, announced its report of the gross domestic product, GDP, growth rate for the second quarter of 2016, which…
The Odds Against Buhari’s $30 Billion Loan
President Muhammadu Buhari’s quest to secure about N9.12 trillion foreign loans, required by his administration for infrastructural development, to get the country out of recession may surfer a setback due to political rivalry and failure of the government to gain the confidence of the people The feeling within the Presidential Villa last week was…
Fidelity Bank Launches NIBSS mCash Product
As part of the renewed efforts to further drive the financial inclusion mandates of the Central Bank of Nigeria, CBN, Fidelity Bank Plc has gone live on the Nigerian Inter-Bank Settlement System, NIBSS mCash product which will allow it’s registered merchants to receive payments from customers using their phones. Launched in collaboration with the NIBSS,…
Fidelity Bank Gets New Board Leadership
Fidelity Bank Plc appoints three new non-executive directors, among them, a former deputy governor of the Central Bank of Nigeria A former Deputy Governor of the Central Bank of Nigeria, CBN, Ernest Ebi has emerged as a non-executive director and chairman designate of the board of directors, Fidelity Bank Plc. The appointment comes on the…
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