Archives for TOP STORIES - Page 200
Heritage Bank to disburse CBN’s N100bn loan to health, sells FX to SMEs, education sectors
Sekibo By Ngozi Onyeakusi-- As part of proactive measures to cushion the effect of the COVID-19 and revamp the nation’s dwindling economy, Heritage Bank is set to disburse the N100billion…
LCCI laments effects of COVID19 on businesses
Yusuf The Lagos Chamber of Commerce & Industry (LCCI) has said that a significant fraction of businesses, precisely 81%, has been ‘severely’ affected by the COVID-19 lockdown in Lagos with…
NLNG signs EPC Contracts with SCD JV Consortium
By Ngozi Onyeakusi-- Nigeria LNG Limited (NLNG) has signed the Engineering, Procurement and Construction (EPC) Contracts for its Train 7 Project with the SCD JV Consortium, comprising affiliates of Saipem,…
E-Money leaves police custody after six-hour interrogation
The Chairman, Five Star Group, Emeka Okonkwo aka E-Money, has left police custody after six hours of interrogation, The PUNCH has learnt. E-Money, it was learnt, arrived at the Police…
EFCC arrests two Chinese for offering N100M bribe to top officer to compromise investigations
By Ngozi Onyeakusi-- The Sokoto Zonal Office of the Economic and Financial Crimes Commission (EFCC) has arrested two Chinese: Mr. Meng Wei Kun and Mr. Xu Koi for offering a…
SEC Reiterates Full Disclosure by CMOs …reopens head office
Uduk By Ngozi Onyeakusi-- The Securities and Exchange Commission, SEC has reminded regulated entities in the capital market to continue to make adequate disclosures on the impact of COVID-19 on…
COVID-19: SMEs’ partnership, rigorous commitment key to sustainable economy growth- Sekibo
Sekibo By Ngozi Onyeakusi-- In light of the sharp dwindling in the global economy occasioned by Covid-19 pandemic, the MD/CEO of Heritage Bank Plc, Ifie Sekibo disclosed that with partnership,…
COVID-19: Obi Donates Directly To NAUTH, Nnewi
Obi The Vice Presidential Candidate of the Peoples Democratic Party (PDP) in the 2019 elections, Mr. Peter Obi, over the weekend made donations worth millions of naira in cash and…
PenCom concludes regulatory intervention in First Guarantee Pension Limited
The National Pension Commission (PenCom) has announced that its regulatory intervention in First Guarantee Pension Limited (the PFA), which resulted, among other things, in the appointment of an Interim Management…
CBN, Bankers’ Committee Suspend Lay-offs in Banks
Emefiele A special meeting of the Bankers’ Committee was convened on May 2, 2020, to further review the implications of the COVID-19 pandemic on the Nigerian banking industry. The Committee…