Author Archives: Supernews - Page 1055
Heritage Bank facilitates disbursement of N3bn YIEDP fund to beneficiaries
Heritage Bank Plc has continued to take the lead in empowering youths to become entrepreneurs, which is amongst others is geared to creating jobs and distributing wealth across the Nigerian…
“Arik can’t afford N1.6b fuel cost to sustain int’l routes”–AMCON MD
The managing director of Asset Management Corporation of Nigeria (AMCON) Mr. Ahmed Kuru has said that Arik Air which was taken over by his agency on February 9 spends about…
World Bank partners UPL-RICO to boost rice production in Jigawa
The World Bank under Fadama III Additional Financing Project in Jigawa State, says it is partnering UPL-RICO, a specialist in rice crop protection around the globe, to boost rice production…
First Bank commits to making Sustainable Impact through Corporate Citizenship
First Bank of Nigeria Limited, Nigeria’s Most Valuable Bank Brand, has distinguished itself through its various interventions in its Corporate Responsibility and Sustainability programme. The Bank has defined its approach…
Guinea Insurance Chairman pledges positive reforms
The recent retirement announcement of the erstwhile Chairman and four Directors from the Board of Guinea Insurance Plc, having served over nine years, came on the heels of NAICOM’s move…
Jaiz Bank set to rake in N17.9 bn by 2021
.. proposes dividend policy of N50 per cent Jaiz Bank Plc., a non interest Islamic financial institution said it has plans to increase its gross income for Islamic financing transaction…
AMCON takes over Arik Air, appoints MD, receiver manager
The Asset Management Company of Nigeria (AMCON) has taken over the management of Arik Air that has been struggling with huge debts totalling N139 billion. AMCON said in a statement…
Apere now Linkage Assurance MD as Wiggle bows out
The National Insurance Commission (NAICOM) has confirmed the appointment of Dr Pius Apere as the substantive Managing Director/ Chief Executive Officer of Linkage Assurance Plc. Apere was appointed acting managing…
FG to set up $50bn biofuel fund – CBN
The Central Bank of Nigeria (CBN) has disclosed Federal Government commitment to establish a $50bn Biofuels Industry Equity Fund. The fund according to the apex bank will be used in…
Forex supply drops to $700m monthly
The Central Bank of Nigeria (CBN) has said that the monthly supply of dollars at its disposal had dropped to between $600m and $700m. Even as the bank had a…
