Access Bank Plc has disclosed that 26,896 customers have been rewarded with over N6.51bn in the DiamondXtra savings and reward scheme. Bank’s Regional Director, South-West, Bolaji Aboderin, disclosed this at the recent unveiling of Access Bank, New Court Road, ...
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The Federal Government, on Tuesday, announced that it was set to issue a fully valid operating licence to the 650,000 barrels per day capacity Dangote Petroleum Refinery. It announced this at the Stakeholders’ Consultation Forum on Midstream and Petroleum ...
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Chief Executive Officer of Sterling Bank Limited, Abubakar Suleiman, has called for a purpose-driven leadership society to deliver a transformative impact. According to a statement from the bank, Suleiman made this call while delivering an enlightening discourse on leadership ...
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The Nigerian Electricity Regulatory Commission on Monday released an order on the Deregulation of Meter Prices for meters deployed under the Meter Asset Provider Scheme It said the prices of meters were deregulated after Meter Asset Providers and other operators requested a ...
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The Ogun State Government has sealed off Gasco Marine Ltd, the company whose truck was involved in an accident that caused an explosion in the Ita-Oshin area of Abeokuta North Local Government Area on Saturday. Ogun SEALS gas company over explosion ...
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The Nigerian National Petroleum Company Ltd. has assured Nigerians that the ongoing fuel scarcity and queues will be cleared out by Wednesday,May 1st The Chief Communications Officer of NNPCL, Olufemi Soneye, said this to the News Agency of Nigeria (NAN) on ...
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The Central Bank of Nigeria (CBN) has directed fintech companies to stop onboarding new customers until further notice This directive is coming few months after the CBN mandated all financial institutions to collect ID cards before creating financial accounts, which contradicts a ...
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The Central Bank of Nigeria has barred some microfinance banks, including Moniepoint, Opay and Kuda, from opening new accounts and accepting new customers over allegations that they were being used to funnel cryptocurrency and manipulate the naira’s value, sources ...
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The Senate has commenced an investigative hearing on the increase in the electricity tariff in 11 states in Nigeria. At the ongoing meeting at the Senate wing National Assembly on Monday, the Red Chamber also stated that it would punish ...
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The Edo State Governor, Godwin Obaseki, has ordered the increase of minimum wage for workers in the state from N40,000 to N70,000 The announcement was made by the governor while speaking at the commissioning of the newly built ultra-modern Labour ...
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The Association of Business Owners of Nigeria has awarded Jiji, Nigeria’s online marketplace, “SME Most Friendly Online Marketing Platform of the Year” at the Nigerian National SME Business Awards 2024. The Lagos State Ministry of Commerce, Cooperatives, Trade, and ...
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A financial data and media company, Bloomberg, has ranked the Dangote Refinery above the top 10 biggest refineries in Europe. According to data compiled by the business news platform, the refinery has more capacity than many European ones. The ...
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The Nigerian Breweries has re-launched its low-sugar herbal alcoholic drink, Ace Roots. According to the firm in a statement, the drink is a low-sugar drink that perfectly combines a blend of true African herbs, spices, and fruits with a ...
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CHI Limited, a fruit juice and value-added dairy manufacturer in Nigeria, has recently rewarded its long-standing distributors at the 2024 Annual Distributors Conference. A statement by the company on Wednesday said that the conference with the theme ‘Break Boundaries, ...
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Stanbic IBTC Holdings has canvassed for improved investment in energy and infrastructure in the country to boost economic activities. The Chief Executive Officer of the group, Dr Demola Sogunle, stated this at the recently held Stanbic IBTC Energy and ...
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The United Kingdom’s development finance institution and impact investor, British International Investment, has announced the signing of a $100m risk-sharing facility with Citi to support the trade finance needs of African small and medium enterprises and corporates. The facility ...
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Broadcasting company Multichoice on Wednesday jacked up the prices of its offerings in Nigeria four months after its last increment. The company reviewed prices in its packages across the board. The new prices will take effect from May 1, ...
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The Alternative Bank Limited (AltBank) has announced a strategic collaboration with FoodBank and Sterling One Foundation to raise approximately N20 million in support of hunger alleviation and educational initiatives. This initiative aligns with the theme of the African Union ...
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Elevate your living experience to new heights with Adron Homes’ VIDCO SERIES 2-Bedroom Terrace Apartments – an embodiment of modern luxury and convenience. With access to a suite of modern facilities such as football pitches and recreational grounds, residents can ...
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Daniel Amokachi Excited to Participate in the 7th Edition of Adron Games. …Former Nigerian Football Star Endorses Adron Games as Platform for Sporting Talent Former Nigerian football icon, Daniel Amokachi, has voiced his enthusiasm for the upcoming 2024 edition ...
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In a significant move aimed at bolstering relationships and fostering mutual growth, Aare Adetola Emmanuel King, the CEO of Adron Homes, has announced the gifting of land parcels to the company’s media partners. This gesture, which took place during the ...
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President Bola Tinubu has approved the take-off of the first phase of the Consumer Credit Scheme (CCS) starting with members of the civil service. This is contained in a statement by Chief Ajuri Ngelale, Special Adviser to the President on ...
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The Federal Competition and Consumer Protection Commission (FCCPC) says the recent price hike in MultiChoice cable subscriptions will be reviewed by authorized stakeholders to guarantee subscribers in Nigeria get value for their money. The Acting CEO of FCCPC, Adamu Abdullahi, ...
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The Managing Director of Moniepoint MFB, Babatunde Olofin, has emphasised the significance of microfinance banks in propelling financial inclusion in Nigeria. Olofin made this declaration during the official opening of Moniepoint MFB’s new office on Admiralty Road in the ...
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Stanbic IBTC Holdings Plc has revealed plans to raise about N550bn through a debt issuance programme and a right issue. This was disclosed in a notice of its annual general meeting filed with the Nigerian Exchange Limited on Wednesday. ...
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