Reps panel absolves Ecobank of any liability to 167 sacked workers
The House of Representatives Committee on Public Petitions has absolved Ecobank of any liability toward the 167 members of staff of the bank laid off in 2023. Chairman of the committee, Rep. Mike Etaba (APC-Cross River), who ruled on a petition by the claimants on Thursday in Abuja, said that it lacked merit. The petitioners had earlier approached the committee to…
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Fidelity Bank to give out N159Million in GAIM 6 promo
Leading financial institution, Fidelity Bank Plc, has announced that it will be giving out N159 million to lucky customers in its recently launched Get Alerts in Millions Season 6, (GAIM 6) promo. Speaking at the press conference to kick off the promo at the bank’s Lagos head office, Executive Director, Lagos & South-West, Fidelity Bank Plc and the Promo Commi…
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Oil Cabals crippled Govt Refineries, now working against Dangote Refinery – Pastor Adeboye
The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has urged Nigerians to pray for divine intervention in the face of efforts by unscrupulous oil marketers to thwart the operations of the Dangote Petroleum Refinery, following the previous sabotage of Nigeria’s four state-owned refineries. The respected clergyman made the call…
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Deutsche Bank Awards Ecobank Nigeria with Client Excellence Award
Ecobank Nigeria, an affiliate of Ecobank Group, has been honored with the Client Excellence Award for outstanding performance in institutional cash management for the previous year by Deutsche Bank AG. During the award presentation in Lagos, Andreas Voss, Chief Country Representative of Deutsche Bank AG, Corporate Bank, congratulated Ecobank for this recognition. H…
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Polaris Bank Champions Financial Literacy for Students in Commemoration of World Savings Day 2024
Polaris Bank concluded its nationwide financial literacy initiative with an impactful session at the MD/CEO’s designated school, Government Day Secondary School, Pantami, Gombe State, marking the culmination of its activities to commemorate World Savings Day 2024. This program, aimed at promoting a culture of saving and financial responsibility among young Nigerians,…
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Deregulation not a license to blend off-spec products, jeopardise national interest, Dangote tells Pinnacle Oil
Dangote Petroleum Refinery and Petrochemicals has advised Pinnacle Oil and Gas Limited that deregulation should not be used as a justification for the importation of off-spec petroleum products or the undermining of Nigeria’s national interests. The refinery made this statement in response to remarks by Robert Dickerman, CEO of Pinnacle Oil and Gas Limited, concernin…
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Polaris Bank Clinches "Best Mobile App" Award at Digital Jurist Awards 2024
Polaris Bank's commitment to digital innovation and excellence has once again been recognized, as the Bank was awarded the prestigious "Best Mobile App" award for its renowned digital banking platform, VULTe, at the Digital Jurist Awards held October 31 at Eko Hotel in Victoria Island, Lagos. This honor comes less than a week after Polaris Bank was na…
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IPMAN: Setting the Record Straight
The Dangote Petroleum Refinery wishes to clarify that it has not received any payments from the Independent Petroleum Marketers Association of Nigeria (IPMAN) to purchase refined petroleum products. Although discussions are ongoing with IPMAN, it is misleading to suggest that they (IPMAN Members) are experiencing difficulties loading refined products from our Petrole…
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Eyibi-Eluku, Odo Nla Day Will further unite my people, says Olowolekomoh
IT was the height of cultural display as the people of Odo-Nla home and abroad came together on October 15, to celebrate it's annual Eyibi/Eluku traditional festival. The event was also used to formally launch the much awaited Odo-Nla Day which would also be celebrated yearly, going forward. From as far as Europe and America as well as Ijebu Ode land where the Od…
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Dangote backs Tinubu's CNG drive, invests over $280m in trucks, infrastructure
... becomes the largest operator of CNG trucks in Nigeria In a demonstration of its support for President Bola Ahmed Tinubu’s CNG Initiative, which aims to provide cheaper and cleaner fuelling alternatives for all Nigerians, Dangote Cement Plc has made significant investments exceeding $280 million in compressed natural gas (CNG) technology and infrastructure. Pr…
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Ecobank Nigeria Launches AI and Digital Skills Training for Children in Lagos Schools
Ecobank Nigeria, a key member of the leading pan-African banking group Ecobank Group, has partnered with Opolo Global to deliver training and empowerment to schools in Lagos as part of its annual Ecobank Day activities. This flagship social initiative, spearheaded by the Ecobank Foundation, encourages employees to give back to their communities. The 2024 event, the…
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Dangote Cement Supports Communities, Orphanage in Kogi
Dangote Cement Plc, Obajana Plant, has carried out a series of community service and public awareness programmes as part of its activities for this year’s Sustainability Week in Kogi State. Speaking, Dr. Eseosa Ighile, Head of the Sustainability Department at Dangote Cement Plc, Obajana, highlighted that the company was using Sustainability Week to engage with and …
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Polaris Bank trains more than 5,000 journalists pan-Nigeria in 10 years
Polaris Bank Limited, Nigeria’s leading digital retail commercial bank, has empowered more than 5,000 journalists across the country through its yearly media capacity building workshops in the last 10 years. The 2024 edition of the media workshop, which held on Thursday in a hybrid format, focused on "Integrating AITools in Contemporary Media Practices for Innov…
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Union Bank Sets New Industry Standard with Comprehensive Maternity Leave and Onsite Crèche Facility
Union Bank has set a new standard in Nigeria's financial sector by offering unparalleled comprehensive maternity leave to support working mothers and an on-site crèche facility to support working parents, both male and female full-time employees. The new initiative includes an industry-leading five months of fully paid maternity leave, exclusive of the applicab…
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Sterling One Foundation, PwC, and Partners to Host ESG Series 4.0
As environmental, social, and governance (ESG) principles continue to gain traction globally, Nigerian businesses are increasingly recognizing the importance of integrating sustainable practices into their operations. ESG has evolved from a trend to a strategic necessity for companies aiming to manage risks, meet regulatory requirements, and align with the expectat…
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No Fresh Case filed against NNPCL, others -- Dangote
This is an old issue that started in June and culminated in a matter being filed on September 6, 2024. Currently, the parties are in discussion since the President Bola Tinubu's directive on Crude Oil and Refined products sales in Naira Initiative, which was approved by the Federal Executive Council (FEC). We have made tremendous progress in that regard and eve…
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Halima Abubakar Strikes Back: Files N3 Billion Lawsuit Against AGN Chairman Emeka Rollas Over Suspension
In a dramatic turn of events, actress Halima Abubakar has officially filed a lawsuit against Dr. Ejezie Emeka Rollas, the President of the Actors Guild of Nigeria (AGN), following her controversial suspension for allegedly spreading fake news. The actress, known for her vibrant roles and outspoken nature, claims the decision was a targeted attack on her character. …
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Polaris Bank Partners NCF to Extend Tree Planting Initiative to Abuja, Anambra
Polaris Bank, in a robust display of its commitment to environmental sustainability, has expanded its nationwide tree-planting initiative in collaboration with the Nigerian Conservation Foundation (NCF). The latest exercise took place at Government Secondary School, Gwagwalada, in the Federal Capital Territory (FCT) on October 14, 2024, following a similar event at…
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Refinery Boost: Aliko Dangote now 65th richest person in the world with $28bn
…Five more Africans made latest Billionaires Index President of Dangote Group, Aliko Dangote remains the richest man in Africa, and now the 65th richest man in the World, despite the volatility of the Nigerian currency against the dollar. Bloomberg, in its latest top 500 Billionaires Index released on Thursday, revealed that Dangote with a wealth of $28 billion had…
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NFF's 20 Points of a 20-hour ordeal on Libyan soil
The NFF’s Director of Communications, Dr Ademola Olajire, has provided a point-by-point account of how a keenly-anticipated Africa Cup of Nations qualifying match was relegated to a fiasco by Libyan federal authorities and Football Federation. 1) The chartered ValueJet aircraft departed from the Victor Attah International Airport, Uyo at 11.55hours on Sunday, 13th …
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