The board of NatCom Development & Investment Limited ‘NatCom’, trading as ntel, has been inaugurated and General TY Danjuma named as Chairman. Danjuma was named on Wednesday, July 27, 2016, while Tunde Ayeni as the Vice Chairman. Other members of the board include Captain Idahosa Okunbo, Abiola Ayeni, Kasheem Shettima, Philip Chukwu, Kola Adesina, John…
A Federal High Court sitting in Lagos has adjourned hearing in an N8 billion copyright infringement suit involving ROLLING INNOVATIONS & INVESTMENT LIMITED & ANOR V ECOBANK NIGERIA, MR RICHARD ADIELE AND MR. ADEKAYO BALOGUN till September 21. The claimants filed the suit against the Bank and two of its ex-staff claiming that the Bank…
African Export Import Bank, Afreximbank, has provided a $150 million funding support for Heritage Bank Limited. In a statement announcing this development yesterday, Divisional Head, Corporate Communications, Olusola Longe-Okenimkpe said, “HBCL Investment Services Limited (HISL) a major shareholder of Heritage Bank Limited has executed the term sheet for the issuance of guarantee for its $150…
One of the leading financial institutions in Nigeria and Africa, UBA Plc, has been announced as the ‘Best Bank of the Year 2016’. The giant bank in Africa was recognised at the Shybell Media Awards, which held recently in Lagos. Shybell Media a leading online news portal in Nigeria. According to the organisers, this accolade…
On Friday, July 22, 2016, a valedictory lecture was organised by the Chartered Institute of Bankers of Nigeria (CIBN) to honour the outgoing Group Managing Director of pan-African banking group, United Bank for Africa (UBA) Plc, Philips Oduoza. The fourth Valedictory Lecture tagged “The Emergence of a Nigerian Pan-African Bank” recorded a parked hall of…
Outgoing Group Managing Director of pan-African banking group, United Bank for Africa (UBA) Plc, Philips Oduoza, has called for increased collaboration among African central banks in order to drive intra-African trade on the continent. He said this on July 22, 2016 when he delivered the fourth Valedictory Lecture of the Chartered Institute of Bankers of…
According to reports, two employees of Arik Airline threw caution into the air on Sunday when they allegedly descended on a passenger at the Nnamdi Azikiwe Airport in Abuja. It was said that the incident took place on Sunday morning. According to reports, the airline members of staff beat up the man after complaining about…
He needs no introduction because his exploits in the Nigerian banking sector have earned him a name that is firmly entrenched in the public consciousness. Herbert Wigwe is one of the pioneers of modern banking in Nigeria and a business leader reputed for his commitment to solving some of Africa’s problems. For Herbert, leadership is…
In a recent poll conducted by leading advisory and consultancy firm, KPMG, Diamond Bank was ranked as one of the top three most customer-focused banks in the country. Participating in a keenly contested category, the Bank emerged overall third best in the customer satisfaction index (CSI) with 73.5 points. This revelation was made at the…
One of Nigeria’s most diversified financial institutions, Fidelity Bank Plc, has been adjudged the ‘Best Green Partner 2015’ by the Lagos State Government at the recently concluded 2016 Tree Planting Day. The organisers of the event said that Fidelity Bank was given the award in recognition of its outstanding contributions towards the protection and improvement…