Stanbic IBTC Bank PLC, a member of Standard Bank Group, has opened a new branch in the Lagos Free Trade Zone (LFTZ), Ibeju-Lekki axis of Lagos State. The new branch will serve the banking and pension needs of the financial institution’s current and prospective clients along the LFTZ corridor and environs. Demola Sogunle, Chief Executive…
Guaranty Trust Holding Company plc (GTCO Plc) has announced that it has acquired 100% shares in Investment One Funds Management Limited and Investment One Pensions Managers Limited held by Investment One Financial Services Limited (IOFS or the Seller). IOPM is licensed by the Nigerian Pensions Commission (PenCom) to operate as a Pension Fund Administrator in…
As part of its yearly Business Partner Awards, Mouka has rewarded its Business Partners with over N111,000,000 worth of scholarships, high-end laptops and educational materials for their children. In addition, 15 junior staff of Mouka went home with scholarships to the tune of N5,000,000 as an act of goodwill from the company. The award presentation…
The Independent Corrupt Practices and Othera Related Offences Commission (ICPC) has docked a former Secretary General of the Athletic Federation of Nigeria (AFN), Mr. Amaechi Akawo, over his alleged complicity in a $150,000 fraud. Akawo was arraigned by the Commission before Justice Inyang Ekwo of the Federal High Court 5, sitting in Abuja, on allegations…
Abbey Mortgage Bank has been further capitalised to N6bn following the approval issued by the apex bank of N3.03bn equity capital raised during the last right issue exercise of the bank. This milestone is in line with the strategic plan of the Management to strengthen the position of the company to champion the most desired…
The owner of Eagle-7 Radio, Segun Odegbami has clarified some information about the interview granted to The Nation newspaper and published on February 5, 2022 which presents aspects of misinterpretation. The publication which was titled “I’ve no scandals, polygamy is part of Egbaman’s life” gives the impression that the former Nigerian footballer who is from…
Fidelity Bank has facilitated the disbursement of over N34 Billion in direct credit to players in the Nigerian rice value chain. The bank’s interventions in recent years have helped to unlock spontaneous financing opportunities for a large swathe of paddy rice farmers with significant contributions to the expansion of national paddy rice output. Only recently,…
The United Kingdom and Nigerian-based education consultancy, Cogent Education Consults, is offering students who in addition to being intelligent and talented in sports, an opportunity to achieve both dreams in a conducive environment abroad. The leading education consultancy company, stated this through its Chief Executive Officer, Gbubemi M . Boyo, from the company’s Lagos office…
Ogun State government says it has paid up a total sum of N200 million grant to the Basic Health Care Provision Fund as part of its resolve to take advantage of the health scheme in the state. The state governor, Dapo Abiodun disclosed this at the launch of the Basic Health Care Provision Fund and…
The Executive Chairman of the Economic and Financial crimes Commission, EFCC, Abdulrasheed Bawa, has appealed to the public to embrace the Whistleblowing Policy of the Federal Government in exposing economic and financial crimes. He assured that the Policy is still very much in force, and whistle blowers have the opportunity for legitimate earning by exposing…