Politics

The depreciation of the naira between 2004 when the last banking sector recapitalisation took place and now has cut the value of the capital of each Deposit Money Bank by about $175m.

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The World Bank’s team on addressing fragility, conflict and violence (FCV) says Nigeria is not a fragile state even with the current security challenges.

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Heritage Bank Plc, Nigeria’s most innovative financial services provider has been commended by the Nigeria Immigration Service (NIS) for its leadership position in seamless service delivery to customers and socio-economic growth.

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Digital transformation leader, Globacom, has introduced the Glo Daily Data Splash, which offers subscribers attractive rate in the country’s telecoms market.

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The management of BEDC Electricity Plc. (BEDC) has assured residents of Ondo South that it is committed to providing power to their various communities provided the federal Government through the Transmission Company of Nigeria (TCN) addresses the present technical constraints that impede power distribution to the areas.

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The Chairman of SUNU Assurances, Mr. Kyari Abba Bukar and private sector actors under the aegis of the Nigerian Humanitarian Fund Private Sector Initiative (NHF-PSI), along with the United Nations, UN, have visited Borno state for the second time last Tuesday to assess the condition of internally displaced persons as part of efforts to provide an indigenous support to them.

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Listed companies in the Capital market have been urged to imbibe good corporate governance and accountability in a bid to accelerate the growth of the market and increase both domestic and foreign investor participation.

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A Federal High Court sitting in Lagos has adjourned till July 22 for the hearing of the substantive suit brought by two chief executive officers of Oando Plc, seeking enforcement of their rights.

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Ecobank Nigeria has entered into a strategic partnership with the Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) with a N15 billion agricultural investment scheme being the first tranche in agricultural value chain financing.

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The Nigerian Civil Aviation Authority (NCAA) will commence demolition of telecommunication masts of Globacom Nigeria Limited in different locations within Nigeria immediately.

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