Metro

The Head, Consumer Liability Products, Diamond Bank, Mr. Osita Ede, in this interview says the bank’s ongoing business combination deal with Access Bank Plc will bring about a stronger institution that will be beneficial to customers. Read excerpts below: Diamond Bank has a lot of retail products and the Diamondxtra is one of them. With the business combination deal with Access Bank, …

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With ever-increasing customer expectations of quick service and near real-time transactional support, United Bank for Africa (UBA) committed resources to Artificial Intelligence (AI) a year ago, birthing Leo, a Banking Chatbot that helps customers carry out key banking transactions anywhere, using mobile devices and personal computers.   Leo can be accessed via Facebook or WhatsApp.  “Our customers are increasingly asking for …

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The Chairman of Zenith Bank Plc, Mr. Jim Ovia, has lauded the federal government’s economic team for pulling the economy out of economic recession, acknowledging that the country’s economic outlook shows that it is now on a growth trajectory. Ovia, while appraising the performance of the economy in 2018 in a goodwill message he delivered at the Deloitte in Dialogue …

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The federal government has expressed its preparedness to support 100 indigenous oil and gas companies operating in Nigeria to overcome their existing market challenges and grow to become big energy conglomerates. It said this was part of its effort to improve indigenous participation in Nigeria’s oil and gas industry through a programme tagged: ‘Project 100’ that would see 100 wholly-owned …

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Against the backdrop of the worsening public power supply, new data have emerged showing that manufacturers in Nigeria spent a total of N246.38bn generating their own electricity between 2016 and 2017. Further analysis of the data compiled by the Manufacturers Association of Nigeria showed that the operators spent N129bn in 2016 and N117.38bn in 2017 on private power generation. The …

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The Minister of Budget and National Planning, Senator Udoma Udo Udoma is optimistic that the Nigerian economy will continue to maintain its recovery in 2019 as the real GDP growth is expected to increase from 0.8% in 2017 to 2.1% in 2018 and 3.01% in 2019, with the sustained implementation of the ERGP. Senator Udoma who was speaking at the …

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Statement by National Christian Elder Forum (NCEF) CJN Onnoghen: What is Really at Stake and the Way Out The National Christian Elders Forum (NCEF) has noted another brazen attempt of the President Buhari Administration to establish its undemocratic character and sectional purpose in Government. That President Buhari would conduct what amounts to “judicial coup” is not surprising to the NCEF; …

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The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says government is targeting about two billion dollars from the oil and gas lease licences renewal.  Kachikwu disclosed this while fielding questions from newsmen at the just concluded Nigerian International Petroleum summit, on Wednesday in Abuja. “We projected for the licences renewal probably around two billion dollars; right now, we …

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Cola-Cola has completed the acquisition of Chi Limited. In a statement on Wednesday, Coca-Cola explained that it has extended its minority investment in the company to full ownership. In 2016, the company acquired a 40% minority stake in Chi and expressed interest in increasing ownership within three years. “Coca-Cola is continuing to evolve as a total beverage company, and Chi’s …

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The Managing Director, Ecobank Nigeria, Patrick Akinwuntan, has committed to building a solid partnership with the business women and men in Alaba International Market, Lagos.  In his congratulatory message to mark the market’s 40th anniversary, Mr. Akinwuntan noted that Ecobank will continue innovating more payment and financial solutions to best serve the traders. Mr. Akinwuntan disclosed that the bank has designated Alaba market as …

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