The Committee of Banks in Nigeria on Thursday lifted the victims of the recent flooding in some parts of Jigawa State with a solidarity visit to Dutse, the state capital, during which they made donation of assorted items of relief materials to the State Government as part of their own contribution to alleviate the plight of those impacted by the September 2024 natural disaster. The donation of the relief materials comprising food items, including bags of rice, cartons of vegetable cooking oil, mattresses, and beverages were presented to the Governor…
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Two Zenith Bank staff arraigned by EFCC for selling N500,000 new notes
Two staff of Zenith Bank Plc situated at 18, Okpara Avenue in Enugu State have been arraigned by the Economic and Financial Crimes Commission (EFCC) for allegedly selling newly-minted N500,000 (Five Hundred Thousand Naira). The suspects are Ekpe Anayaoha Okoronkwo and Umeonuoha Onyinye. The Enugu Zonal Directorate of EFCC arraigned the suspects on Thursday, December 12, 2024, before Justice Mohammed Garba Umar of the Federal High Court sitting in Independence Layout, Enugu State. They were arraigned on a one-count charge bordering on currency racketeering to the tune of N500,000 (Five…
Read MoreHealth Minister, NAFDAC DG others commend Jawa International at new Beta-Lactam plant commissioning
The Minister for Health and Social Welfare, Hon.(Prof.) Muhammad Ali Pate, CON commissioned the newly completed Jawa International Ltd’s Beta-Lactam plant in Isolo, Lagos on Tuesday, December 17, 2024. The Beta-Lactam plant project which is a milestone achievement in the manufacturing of antibiotics, has positioned Jawa International Ltd. as one of the industry leaders in manufacturing, marketing and distribution of quality Pharmaceutical products in the Nigerian Pharmaceutical market. Delivering his keynote address, Prof. Ali Pate said: “It is a great pleasure for me to commission this project because good news is…
Read MorePolaris Bank Wins Sectoral Award at the 2024 NECA Employers’ Excellence Awards
Polaris Bank has achieved yet another milestone by emerging as the Sectoral Winner in the Banking and Other Financial Institutions Sector category at the 2024 NECA Annual Employers’ Excellence Awards. The Bank received the sectoral recognition for its innovative HR practice at the NECA’s Excellence Awards, (the 4th edition) which held recently at the Balmoral Convention Centre, Ikeja. The recognition is particularly significant as it marks the first award the Bank has received for its efforts in Human Resources Management, reaffirming Polaris Bank’s commitment to creating a…
Read MoreUK’s Guardian agrees to sale of world’s oldest newspaper, The Observer, to Tortoise online
The Guardian Media Group (GMG) announced on Friday its decision to sell The Observer, the world’s oldest Sunday newspaper, to online news platform Tortoise Media, despite staff protests and strikes. This announcement followed a 48-hour strike by over 500 journalists from The Guardian and The Observer opposing the sale. In a statement, GMG and its owner, the Scott Trust, confirmed that the sale had been approved in principle. “The boards of the Guardian Media Group and the Scott Trust have agreed to sell The Observer to Tortoise Media,” the statement…
Read MorePolaris Bank Partners Amtis Skills Place to Empower Young, Next Generation Designers
In its determination to produce the next generation of young designers who will go on to capture the imagination of the world in fashion, Polaris Bank partnered, with Amtis Skills Place, a body dedicated to producing contemporary vocational skills to young Nigerians to identify, train and mentor young designers through the 2024 Amtis Fashion Competition. Since its inception in 2015, Amtis Skills Place has been committed to equipping young Nigerians with vocational skills, bridging the gap between traditional education and the evolving job market. This year’s event, proudly sponsored by…
Read MoreLASAA’s new offices commissioned to boost operations
Lagos State Signage and Advertisement Agency (LASAA) has launched new porta cabin offices located in Badagry Local Government Secretariat, Ikorodu Local Government Secretariat, Lagos Television premises and LASAA warehouse. This initiative aims to bring the Agency closer to its many clients and improve the regulation of outdoor advertising landscape, ultimately optimizing revenue generation for the State. Speaking at the launching of the new offices, the Managing Director/CEO of the Agency, Prince Fatiu Akiolu said they are extensions of the Agency’s branches across the State. According to him, “The porta cabins…
Read MorePort Harcourt Refinery Begins Crude Oil Processing
The Nigeria National Petroleum Company Limited (NNPCL) has announced that the Port Harcourt Refinery in Rivers State has officially commenced crude oil processing. The company’s Chief Corporate Communications Officer, Femi Soneye, shared the update, stating that the refinery will operate at 60 percent capacity, processing 60,000 barrels of crude oil per day. “Today marks a monumental achievement for Nigeria as the Port Harcourt Refinery officially begins crude oil processing,” Soneye remarked, describing the development as a milestone for energy independence and economic growth. He also commended the efforts of President…
Read MoreFidelity Bank to give out N159million in GAIM 6 promo
Leading financial institution, Fidelity Bank Plc, has announced that it will be giving out N159 million to lucky customers in its recently launched Get Alerts in Millions Season 6, (GAIM 6) promo. Speaking at the press conference to kick off the promo at the bank’s Lagos head office, Executive Director, Lagos & South-West, Fidelity Bank Plc and the Promo Committee Chairman, Dr Ken Opara, said that the aim of the promo was to build a culture of financial discipline and enable the bank’s customers improve their standard of living, achieve…
Read MoreN122m fraud: Ex- Polaris Bank manager remanded
Abiodun Sanni, a former Branch manager of Polaris bank, Iju branch, was on Monday remanded in the correctional centre by a Lagos State Special Offences Court, in Ikeja, over alleged N122,011,441 fraud. Sanni was arraigned on 16 counts bordering on obtaining credit by false pretences, forgery, use of false documents and stealing by the Economic and Financial Crimes Commission. The EFCC’s prosecution counsel, O. Adewunmi, told the court that Sanni committed the offences on or about February 24, 2020, in Lagos. Adewunmi told the court that the defendant while he…
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