By Ayomide Otitoju Stanbic IBTC Bank, a leading financial institution in Nigeria, has unveiled the Senior Citizens Account, an innovative banking solution tailored exclusively for customers aged 50 and above. This initiative seeks to address the unique financial needs of over 15 million Nigerians within this age bracket, as estimated by Index Mundi. Comprehensive Features…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC Ltd.) has addressed misleading claims made by one Timothy Mgbere, a self-proclaimed “community person,” who alleged that recent reports about the restreaming and truck-out of Premium Motor Spirit (PMS) from the Port Harcourt refinery were false. In a video circulating online, Mgbere questioned the authenticity…
By Ayomide Otitoju Zenith Bank Plc has marked a significant milestone in its global expansion with the opening of Zenith Bank (UK), Paris Branch. The official commissioning ceremony took place on Wednesday, November 27, 2024, at 21 Rue de la Paix, Paris, France, and was attended by dignitaries including Nigeria’s Honourable Minister of Finance and…
By Ayomide Otitoju The Nigerian National Petroleum Corporation (NNPC) has officially confirmed that the newly rehabilitated Port Harcourt refinery will sell petrol at N1,030 per litre. This announcement was made in a statement by the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) on Thursday night. Earlier reports from PETROAN had suggested that the…
By Ayomide Otitoju United Bank for Africa (UBA) has achieved a major milestone, surpassing N1 trillion in market capitalization, further solidifying its position as a leading financial institution. This remarkable achievement comes alongside the bank’s impressive financial performance and growing international recognition. As part of President Bola Ahmed Tinubu’s state visit to France, UBA also…
By Ayomide Otitoju Wema Bank, recognized as Nigeria’s most innovative financial institution and the pioneer of Africa’s first fully digital bank, ALAT, has successfully concluded the 5th edition of its Hackaholics initiative. The event, which took place recently in Lagos, showcased some of the brightest tech innovators from across the nation, culminating in seven startups…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL) has clarified that its recently revived Port Harcourt refinery is currently operating at 90% of its capacity, not 70% as reported by the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN). PETROAN had earlier stated that the refinery, with an installed capacity of 60,000…
By Ayomide Otitoju Wema Bank, known for pioneering Africa’s first fully digital bank, ALAT, joined the global community in commemorating International Fraud Awareness Week 2024 with a seminar held at its headquarters in Lagos on November 20. Themed “Share A Story, Stop A Scam,” the week-long initiative aims to raise awareness about the escalating threat…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL) has dismissed allegations made by a Rivers State community leader, Timothy Mgbere, who claimed the Port Harcourt refinery is not producing fuel despite recent announcements. Mgbere, described as a leader in the Alesa community, appeared on national television Thursday, accusing the NNPCL of misleading Nigerians…
