Keystone Bank Empowers Nigerian Entrepreneurs

By Aduragbemi Omiyale The popular Ajose Adeogun Street and Roundabout on Victoria Island, Lagos, is wearing a new look, thanks to Zenith Bank Plc, which designed the areas with beautiful Christmas decorations. The yearly ritual of the financial institution is a part of its Corporate Social Responsibility initiatives aimed at setting the tone for the Christmas and Yuletide seasons. Performing the Light-Up ceremony, the 17th of its kind recently, the chief executive of Zenith Bank, Mr Ebenezer Onyeagwu, expressed his delight in heralding the 2023 Yuletide season by lighting up the iconic Ajose Adeogun Street and Roundabout. He urged everyone

By Aduragbemi Omiyale The Banker magazine, a publication of the Financial Times, has announced Stanbic IBTC Holdings Plc as the Bank of the Year in Nigeria. The Nigerian financial institution was honoured by the media platform as an awards cement held on Thursday, November 30, 2023, in London. The event, widely acknowledged as the Oscars of the Banking Industry, attracted several critical stakeholders in the global banking sector. It was explained that Stanbic IBTC Holdings was picked for the recognition because of its exceptional achievements in banking excellence, adept navigation of industry challenges, and commitment to providing innovative financial services

Sterling Bank Limited’s cutting-edge investment platform, Doubble, has been upgraded with new features aimed at improving investment returns for existing and new customers. With various flexible naira and dollar investment options, including money market offerings with returns higher than your bank’s returns on savings. The digital savings and investment platform provides a seamless avenue for individuals to build wealth. Users are provided with a guaranteed income stream and fixed growth over a set period, as well as a hedge against market volatility, the ability to secure loans against account balances, and the convenience of transferring the annuity to a spouse

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has directed banks across the country to continue issuing and accepting old as well as the redesigned Naira banknotes following the order of the Supreme Court. Business Post reported on Wednesday morning that the apex court granted the prayer of the Minister of Justice and Attorney-General of the Federation to extend the use of old Naira banknotes ad infinitum, scrapping a previous deadline of December 31. In a statement after the judgement, the central bank “directed all its branches to continue to issue and accept all denominations of Nigerian banknotes, old

By Nneka Okumazie There are a number of [say] vulnerabilities in the Christian faith, for example, working each day to abide to spiritual mores living in a physical system. Another one is when God is silent. Usually, for devout Christians, they hear directions, signs, and pointers on how to navigate life and situations. But there are times and experiences they hear nothing from the Lord. Surviving this – without making a mistake – is a sign of growing maturity for those pursing growth in the Christian faith. Most times, the last thing God said on a situation is still valid,

By Modupe Gbadeyanka The Executive Board of the International Monetary Fund (IMF) has completed the sixth review of Sierra Leone’s performance under the economic program supported by an Extended Credit Facility (ECF) arrangement and has approved the disbursement of $33.23 million for the country, bringing total disbursements under the arrangement to $253.81 million. Also, in completing the review, the Executive Board approved a request for waiver for the non-observance of the continuous performance criterion on the net present value of the external debt and the non-introduction of multiple currency practices given corrective measures taken by the authorities. Sierra Leone’s ECF

By Dipo Olowookere Head of the Civil Service of the Federation, Mrs Winifred Ekanem Oyo-Ita, has asked the China African Development Bank (CADB) to help Nigerian workers come up with easier ways of having access to affordable and quality houses. Mrs Oyo-Ita made this plea when she received the CADB at her office in Abuja recently. The HOS said the provision of qualitative houses for civil servants was part of the present administration’s agenda for workers. “With improved welfare and other incentives, civil servants could make great contributions towards achieving the desired results in developing and moving the nation forward,”

By Modupe Gbadeyanka The customer of Zenith Bank, Ms Chiamaka Agim, who posted a video on social media of the disappearance of about N4 million from her account, has been blamed for her ordeal. The video posted by Ms Agim on Tuesday, January 13, 2023, generated reactions on the internet and prompted Zenith Bank to launch an investigation into the matter. Revealing the outcome of its probe, Zenith Bank said Ms Agim, who claimed to be a former employee of the company, was careless with her phone as it was discovered that her funds were moved from her registered device,

By Dipo Olowookere Shareholders of Seplat Petroleum Development Company Plc and Okomu Oil Palm Company Plc will gather in Lagos today. The reason for the gathering of these shareholders is mainly for the Annual General Meetings (AGMs) of their respective organisations. While investors of Seplat will gather on 16a Temple Road (Olu Holloway), Ikoyi, Lagos by 11am, those of Okomu Oil will converge on Harbour Event Centre, 4 Wilmot Road, Victoria Island, Lagos at 10am. At their respective meetings, shareholders will vote on the dividend recommended by their boards and would expect to start receiving the cash rewards afterwards. Business

By Dipo Olowookere Premier League club, Sunderland, have been relegated into the second tier of the English football league after a defeat at the Stadium of Light on Saturday. The David Moyes’ men were beaten 1-0 at home on Saturday afternoon after Josh King scored a late goal for Bournemouth 2 minutes from time. For the past five to six season, the Black Cats had been having late escapes into relegation, but could not survive this time. The club could only manage 21 points from 34 matches played so far this season. A goalless draw by Hull City and Southampton

By Dipo Olowookere The Sultan of Sokoto, Mr Muhammad Sa’ad Abubakar III, has been congratulated on the occasion of his 63rd birthday on Sunday, August 25, 2019. National President of Association of Local Government of Nigeria (ALGON), Mr Alabi Kolade David, described the first class monarch as an exemplary leader who loves his country. The ALGON boss, in the statement issued in Abuja through the organisation’s Media Office, further described the traditional ruler as a peaceful person, whose priority is mainly on Nigeria Unity and Prosperity. According to him the “exemplary qualities and awesome leadership evident faith in the unity,