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Zenith Bank Secures Regulatory Approval For N350Bn Hybrid Offer Proceeds

Accurate ReportersJanuary 26, 2025

Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer.In a statement released to the Nigerian Exchange (NGX) Group on Sunday, January 26, 2025, the Bank announced that it has secured the full regulatory approval of the Central Bank of Nigeria (CBN) and the Securities...

UBA To Host Knowledge Series Webinar On New Tax Regime For SME’s

Accurate ReportersJanuary 23, 2025

Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to host a Knowledge Series webinar dedicated to informing and educating Small and Medium business owners on the 2024 withholding Tax Regulations recently implemented by the federal government.This special webinar has the theme ‘2024 Withholding Tax Regulations, Specific Emphasis on How They Affect SMEs’...

UBA Rewards Customers With Over N41m In Final Edition Of Legacy Promo

Accurate ReportersJanuary 13, 2025

·Promo Makes 60 Millionaires, Gifts N200m Africa’s Global Bank, United Bank for Africa (UBA) Plc has distributed over N41.8 million in prizes to over 100 lucky customers in its just concluded UBA Legacy Promo series.The promo which began last year, was specially designed by the bank to celebrate UBA’s rich legacy spanning over 75 years,...

Sterling Bank has been acknowledged for its transformative roles.

Accurate ReportersDecember 23, 2024

The Institute of Tourism Professionals of Nigeria (ITPN) has recognized Sterling Bank as the “Outstanding Banking Partner for Tourism and Transportation of the Year.” This accolade underscores the bank’s transformative role in unlocking Nigeria’s tourism potential through innovative financial solutions, impactful collaborations, and a steadfast commitment to sustainable national growth. Tourism accounts for over 10%...

Torrents of encomiums as Julius Berger’s ex-MD, Richter, says goodbye

Accurate ReportersDecember 5, 2024

There was a great outpouring of encomiums on the former Managing Director of Julius Berger Nigeria PLC, Eng. Dr. Lars Richter Wednesday at his official farewell party organized by the company as the Chairman of the Board of Directors, Mutiu Sunmonu, CON, led other Board members, the management, and the staff of the conglomerate in...

2024 Media Parley: Julius Berger Is A Wholly-Owned Nigerian Company, Says Stolle.

Accurate ReportersDecember 2, 2024

Amidst the clinking of glasses and backslapping among media professionals in Lagos and Abuja, the Director of corporate Development of leading conglomerate, Julius Berger Nigeria PLC, Jochen Stolle has underscored the need for journalists and media relations practitioners to foster strong relationship even as he declared that the company is a fully-owned Nigerian company.This is...

AfroFlavour’s food festivals in Texas after successes in Manchester, Maryland

Accurate ReportersNovember 30, 2024

After successfully delivering its pro-African food festivals in Manchester, United Kingdom, and Maryland, United States, pan-African cuisine promoting organisation, AfroFlavour, is taking the festivals to Texas, United States of America, USA, this December.Scheduled to be held at Toddy Oaks in Katy, Houston, in the State of Texas, the December 28, 2024, events will put on...

CBN raises interest rate to 27.5%

Accurate ReportersNovember 27, 2024

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which benchmarks interest rates in the country to 27.50 per cent — from 27.25 per cent.CBN Governor, Olayemi Cardoso announced the committee’s decision at a press conference on Tuesday after the panel’s 298th meeting in Abuja.He...

Supreme Court’s Ruling On Rivers’ Emergency Rule Plus For Nation’s Democracy – Fagbemi

The Attorney-General of the Federation, Mr Lateef Fagbemi (SAN), has hailed Monday’s decision by the Supreme Court, affirming the President’s power to declare emergency rule in any state of the federation. This is contained in a statement issued by Mr Kamarudeen Ogundele, the Senior Assistant to the President Communication and Publicity office of the AGF...

Resident Doctors Urge Nigerians To Prioritise Preventive Healthcare

The Association of Resident Doctors, University of Abuja Teaching Hospital (ARD-UATH), has urged Nigerians to be more conscious of their health and adopt preventive measures to avoid falling sick. The President of ARD-UATH, Dr Adewale-Adeleye Premiere, made the call during a medical outreach organised for police officers at Mopol 44 Barracks, Kuje, Abuja, and their...

CBN Revokes Operating Licences Of Aso Savings, Union Homes

The Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc. This is according to a statement by CBN’s Acting Director, Corporate Communications Department, Hakama Sidi-Al. Sidi-Ali said the action was part of the apex bank’s efforts to re-position the mortgage sub-sector...

Nigeria’s Digital Health Sector To Hit $3.3bn By 2030 – Expert

Nigeria’s digital healthcare sector could grow to 3.3 billion dollars by 2030, according to the News Agency of Nigeria, signalling expanding investment, technology adoption, and opportunities within the country’s health industry. A Consultant Public Health Physician at the University of Ilorin Teaching Hospital, Dr Sarumi Olakunle, disclosed this Tuesday in Ilorin during a paper presentation...

No Court Order Restrains Tinted Glass Permit Enforcement, Police Tackle NBA

The Nigeria Police Force had insisted that there was no court order that restrained the force from enforcing tinted glass permit as being speculated. The Force Public Relations Officer, CSP Benjamin Hundeyin told newsmen on Tuesday in Abuja that the order being talked about was to maintain status quo on the issue. He said the...

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