Metro

Heritage Bank Plc, Nigeria’s most innovative banking service provider, has announced a partnership with AFRICANMED and the Chinese community in Nigeria aimed at developing the country’s health sector and bringing down the rate of medical tourism by Nigerians. MD/CEO, Heritage Bank, Ifie Sekibo who disclosed this at the maiden edition AFRICANMED exhibition of top brands of medical equipment from China …

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Nigerians have once again been enjoined not to entertain any fears of prosecution but take steps to regularise their multiple subscription accounts in order to obtain the benefits of their investments in the capital market. Acting Director General of the Securities and Exchange Commission, SEC, Mary Uduk stated this during an interview in Abuja weekend. Uduk said such investors should …

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  For the first time, an award for Nutrition Reporting was presented at the Diamond Awards for Media Excellence (DAME). Mr. Ololade Olatunji, Associate Editor of The Nation newspaper emerged winner. Now in its 27th year, DAME promotes and rewards excellence in journalism. The ‘Nestlé Prize for Nutrition Reporting’ has created an opportunity for nutrition writers to also be recognized and …

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The Management of Ecobank Nigeria Limited has announced the promotion of about 1,000 top performing staff. This latest promotion exercise is in line with its commitment to recognize and reward excellent performance amongst its staff. The promoted staff cut across all cadres of the workforce. The Managing Director of Ecobank Nigeria, Patrick Akinwuntan who announced this promotion in Lagos stated that …

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FMDQ OTC Securities Exchange has commemorated the listing of Union Bank of Nigeria PLC ₦7.19 billion Series 1 and ₦6.31 billion Series 2 Senior Unsecured Fixed Rate Bonds under its ₦100.00 billion Debt IsbYsuance Programme (“the Union Bank Bonds”) on its platform. As is customary of the OTC Exchange, a prestigious ceremony was held on Thursday at its business complex, …

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In line with on going demutualisation agenda, the Nigerian Stock Exchange (NSE) has commenced legal process to change its status, structure and governance. According to the Chief Executive Officer of NSE, Oscar Onyema, the successful conclusion of this process “will ultimately position our market as a more significant driver of socio-economic development.” In an interview published in the December 2018 …

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The Nigerian Ports Authority, on Thursday, said it would take the necessary steps to curb the untold hardship being faced by Ports users due to the burden of congestion. Hadiza Bala-Usman, NPA Managing Director, who gave the promise while speaking with newsmen in Lagos, said the authority was determined to especially curb traffic among other things. Bala-Usman, while reeling out …

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The Federal Government has so far released the sum of N820.5bn for the implementation of capital projects contained in the 2018 budget. The Minister of Budget and National Planning, Senator Udo Udoma gave the figure on Thursday in Abuja while making a presentation on the 2019 Budget. He said the total amount released for the capital project as of December …

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Nigerians have continued to express concern over Wednesday’s revelation by the Federation Accounts Allocation Committee (FAAC) that the excess crude revenue account savings has been depleted to only $631 million within three weeks. Barely three weeks ago, Minister of Finance, Zainab Ahmed, disclosed at the end of the committee’s meeting in Kaduna on November 25, 2018, that the balance in …

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The Federal Government has declared Tuesday, 25th, Wednesday 26th December 2018 and Tuesday 1st January 2019 as Public Holidays to mark the Christmas, Boxing Day and New Year Celebrations respectively. The Minister of Interior, Abdulrahman Bello Dambazau, made the declaration on behalf of the Federal Government in a statement signed by the ministry’s Director of Press, Mohammed  Manga on Wednesday …

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