Stanbic IBTC Bank has said it was considering taking a legal action against Ascon Oil Limited for allegedly retaking possession of a property along Lekki Admiralty Way illegally. The two companies are at loggerheads over a petrol station in the area and recently, the oil company took over the property, citing a court order. But…
Month: August 2020
COVID-19: MMF Floats MedAssist Partner Line
The Murtala Muhammed Foundation (MFF) has launched a telecommunication medical line to assist the NCDC in its drive to reach those with the Covid-19 virus who are unable to access the designated Isolation centres across the country. The project named, the “MMF Medassist Covid Partner Line,” is part of the effort to provide access to…
Heritage Bank, CBN Drive Improved Investment Outcomes, Job Creation
Heritage bank Plc in collaboration with the Central Bank of Nigeria (CBN), under the Nigerian Incentive-Based Risk Sharing in Agricultural Lending (NIRSAL) has continued to drive improved investment outcomes and job creation. Through this partnership, Heritage Bank is not relenting in its efforts at boosting the agriculture base of the nation to make farming profitable…
World Loses Over 900,000 Infants Die Annually—Dr Adeniran
The Department of Community and Primary Healthcare of the Lagos State University Teaching Hospital (LASUTH), in collaboration with Abiye Maternal and Child Health Foundation, celebrated the 2020 World Breastfeeding Week as they encouraged breastfeeding mothers to ensure that they exclusively breastfeed their babies for the first 6 months of life. Regarding the theme for this…
Union Bank, Awarri Begin Search for Next Robotics Legend
The Next Robotics Legend is an initiative designed by Edu360, Union Bank’s education platform, in collaboration with Awarri, a pan-African technology company, to infuse Robotics and Artificial Intelligence (AI) into the education of the Nigerian child. This stems from the realisation that the solutions to some of our most complicated problems as a nation lie…
BEDC to Improve Power Supply in Igarra, Environs
In attempt to significantly improve power supply to Igarra town and other communities in Akoko Edo LGA of Edo State, BEDC has finalized the design, and at the stage of awarding contract for the construction of a 33KV line from Okpella to Igarra. The project once completed, it was gathered, will change the source of…
PreDiagnosis Partners American University For Better Grassroots Healthcare
Nigeria’s leading grassroots telemedicine platform, PreDiagnosis International, has announced its partnership with the Project ECHO Institute of the University of New Mexico, USA for knowledge sharing and transfer on chronic and complex diseases with medical professionals in the country. According to Dr. Folarin Olasogba, the Chief Project Officer of PDI Telehealth Consult which is the…
Experts Applaud Rise in COVID-19 Recovery Cases in Nigeria
As the nation’s economic and business activities are gradually shaping up, the rise in the number of cases has also been seen to be directly proportional to the increase in human and vehicular movements across the country. Amidst the reopening of various sectors and industries, the number of COVID-19 infections has continued its upward trajectory.…
UBA Provides $200m for Nigeria’s Petroleum Industry
The United Bank for Africa Plc (UBA), the leading pan-African financial services group, has acted as an Initial Mandated Lead Arranger with a consortium of Nigerian commercial and international banks in a $1.5 Billion Pre-Export Finance Facility for Eagle Export Funding Limited, to enable the forward sale of crude by the Nigerian National Petroleum Corporation…
Heirs Holdings Appoints Dan Okeke as Group Executive Director
Pan-African investment company, Heirs Holdings this week announced the appointment of Dan Okeke as Group Executive Director. The appointment took effect from August 01, 2020. Mr Okeke joins following a distinguished three-decade career at the United Bank for Africa Plc (UBA), where he most recently served as an Executive Director, responsible for leading consumer, commercial…