Polaris Bank has offered free entry to local and international airport lounges to its customers.
In a statement on Thursday, the bank said that its customers who open its Polaris Select Plus Account would get free entry to local and international airport lounges across the globe.
The bank said that new customers could open the Select Plus Account and an existing customer could migrate their…
Barring any last-minute change of heart, the Federal Government will in the next one or two weeks begin the demolition of multibillion-naira private jet hangars located at the Murtala Muhammed International Lagos.
The Federal Government said the hangars were obstructing the…
The manager of Nigeria’s sovereign wealth fund, the Nigeria Sovereign Investment Authority, grew its net assets by 10 per cent from N919.73bn in 2021 to N1.02tn in the 2022 financial year.
This was disclosed in its audited results for the 2022 financial year, which was…
World Bank has said developing counties including Nigeria have huge investment needs due to their inadequate infrastructure and other challenges.
As such, the Washington-based lender called on policymakers to create an environment conducive for investment and devoid of corruption.
The World Bank Group President, David Malpass, said these on Thursday in Niamey, Niger Republic as he delivered a…
United Bank for Africa on Thursday said it recorded N201bn profit before tax in its 2022 financial period.
The bank disclosed this in a statement on its audited financial results for the full year ended December 31, 2022, titled, ‘Full year 2022: UBA delivers strong…
First Bank of Nigeria Limited has announced a phased corporate name change for its subsidiaries in the United Kingdom and Sub-Saharan Africa.
The bank disclosed this in a statement by the Group Head, Marketing & Corporate Communications, First Bank, Folake Ani-Mumuney…
Energy company, Oando Plc on Wednesday said its profit after tax rose to N34.7bn in the 2021 financial period.
The group disclosed in a statement on Wednesday on its audited results for the year ended December 31, 2021 that this was from a loss after tax of N140.7bn reported in 2020.
It also said its total group borrowings increased by 10 per cent to N460.8bn compared to N419.6bn recorded in…
Thirty-two per cent (64.3 million) of Nigerians do not have enough food to consume, the World Food Programme, an organisation within the United Nations, has stated.
According to the organisation, 170 million people do not have sufficient food to consume across 19 countries.
Zenith Bank Plc grew its gross earnings by 24 per cent from N765.6n as of the end of 2021 financial period to N945.5bn in the corresponding period of 2022.
The bank disclosed this in a statement on Tuesday on its audited results for the year ending December 31, 2022, titled…
The Central Bank of Nigeria has barred banks and other financial institutions seeking a conversion licence from expanding or reducing their current banking network in its new draft guidelines.
The CBN discloses this in a circular tagged ‘FPR/DIR/PUB/CIR/001/072’ to banks and other financial institutions, which was titled ‘Regulatory guidelines for change of operational licence for banks and…