The Chief Operating Officer of Ibom Air, George Uriesi, said addressing the capital-intensive nature of aircraft financing would require support from commercial banks. Uriesi’s remarks came during the celebration of the successful closure of commercial financing for Ibom Air’s inaugural A220 aircraft, delivered in November 2023. It was a tripartise deal that involved Zenith Bank,…
FirstBank, Nigeria’s premier financial institution and financial inclusion services provider, was announced as the Best Corporate Bank at the recent prestigious Euromoney Awards for Excellence, Nigeria 2023. The Bank clinched the coveted award based on its 130-year commitment to enabling its corporate customers achieve success through relevant and tailored financial solutions. FirstBank’s continuous investment in…
The Nigerian National Petroleum Company Limited (NNPC Ltd) is working in collaboration with the United States Department of States and international management consultancy firm, Deloitte, to meet its net-zero carbon goals by embarking on a project aimed at reducing the emission of methane and other greenhouse gases from its upstream operations. The project which is…
Super Eagles striker, Victor Osimhen, has reportedly been cleared by the team’s medical staff for Wednesday’s semi-final clash against South Africa.The Nation reported that the Super Eagles travelled on Monday evening from Abidjan to Bouaké without star striker Victor Osimhen as a result of abdominal discomfort. The team’s media officer, Babafemi Raji, who confirmed the…
Kenyan cult leader Paul NthengeMackenzie and 29 associates were on Tuesday charged with the murder of 191 children whose bodies were found among hundreds of people buried in a forest. The defendants all denied the charges brought before a court in the coastal town of Malindi near the Indian Ocean. One suspect was found mentally…
The United Kingdom’s King Charles III has been diagnosed with a form of cancer, and will postpone public-facing duties, Buckingham Palace has announced. King Charles recently spent three nights in hospital to undergo treatment for an enlarged prostate. It is understood that this separate issue was discovered during that procedure. Here is what’s known about…
A joint study by Consumers International and Consumer Advocacy and Empowerment Foundation (CADEF) has revealed worrying trends in Nigeria’s food pricing landscape. The research spans six geopolitical zones and focuses on fluctuations in food prices, especially staple items like yam, garri, rice, beans, chicken, and groundnut oil between the months of November and December 2023….
He was charged on a seven-count charge bordering on vote buying and other offences, with case number AB/10c/2023 (FRN Vs Adebutu &Ors, before the Presiding Judge, Justice Abiodun Akinremi. He has, however, pleaded not guilty to all charges proffered against him. Adebutu was accused of criminal inducement during the poll by security agents alongside other…
Market value of Nigeria’s largest financial services group, FBN Holdings (FBNH) Plc, has risen by the highest daily allowable limit at the stock market as investors reacted positively to the appointment of Lagos businessman, Mr. Femi Otedola as the Chairman of the group.The board of FBNH had last Wednesday announced the appointment of Otedola as…
