The Managing Director/Chief Executive Officer of Wema Bank Plc, Mr Moruf Oseni, has restated the bank’s commitment to promoting gender equality and create opportunities for women to grow and achieve success in their careers.
Oseni saidd this at the bank’s 2023 International Women’s Day celebration in Lagos with the theme ‘Embrace Equity’.
According to him, Wema Bank is an equal…
The Major Oil Marketers Association of Nigeria has urged the government to automate data in the downstream segment of the country’s oil sector.
Speaking last weekend during a virtual event organised by MOMAN to commemorate World International Data Day with the theme “The…
The Central Bank of Nigeria has issued operational guidelines for open banking in Nigeria to ensure stability in the nation’s financial system.
The apex bank in a circular referenced, ‘PSM/DIR/PUB/CIR/001/043’, and dated March 7, 2023, said the guidelines would create…
Four outstanding women were honoured in different fields of human endeavour at the LAPO Outstanding Women Leadership Award on Tuesday in Benin.
In the professional category, Proprietor of Anchor International School, Kogi, Helen Mathias, was adjudged the winner; Gladys Okoro won in the business category; Mary Jackson won the farming category; while Elizabeth Ehigiamusoe got the lifetime…
MTN Nigeria has raised N125bn through issuance of commercial papers to boost its short-term working capital and funding requirements.
In a notice to the Nigerian Exchange Limited on Monday, the company said that it had completed the Series 4 & 5 Commercial Paper issuance…
The fresh move by some Deposit Money Banks to re-circulate old N500 and N1,000 notes suffered a setback on Tuesday as motorists, fuel stations, retailers, traders, and other categories of bank customers rejected the old currencies.
The development came about 48 hours after…
AfricInvest Fund IV has bought a minority stake in the Nigerian retail store, Justrite Superstore.
In a statement made available to our correspondent Monday, AfricInvest said that this move would allow Justrite to contribute to building affordable grocery outlets that source local products, support domestic agriculture value chains, and create new jobs while improving the availability of safe…
Following the Supreme Court judgment, which extended the validity of the Central Bank of Nigeria currency redesign policy to December 31, some banks across the country have started paying out the old N500 and N1,000 notes to customers.
Guaranty Trust Bank, Polaris Bank and…
Stakeholders in the building industry have been charged to uphold standard ethics, which would put the sector in good light and lead to improved welfare for practitioners.
A professor of Estate Management at the University of Lagos, Nigeria, Timothy Nubi, attributed the high…
Transcorp Hotels Plc, the hospitality subsidiary of Transcorp Group has said its profit after tax rose by 172 per cent in 2022 financial period.
In a statement on its financial results for full year 2022, it said, “The company reported a profit before tax of N4.5bn, a 172 per cent increase year-on-year, having ended 2021 with a PBT of N1.7bn.
“It also reported a 47 per cent growth in revenue…