There is a subtle plot by some individuals, acting in cahoots with some members of the House of Representatives, to discredit heads of regulatory agencies in the energy sector. This newspaper reports that the motive of the scheme is to put the heads of the agencies under intense pressure, distract them from performing their duties and thus set set the ...

FirstBank, the West African premier financial institution and financial inclusion services provider announces its continuous VISA Cross Border and Summer campaign in partnership with VISA. The campaign, which commenced on 1 April 2024, is set to run until 31 August 2024 as a rewarding initiative for existing VISA Gold and VISA Infinite cardholders and prospective customers. Throughout the campaign, 502 ...

The Senate on Tuesday speedily passed the National Minimum Wage Act 2019 (Amendment Bill). The bill, which scaled second and third readings, just minutes after it was transmitted by President Bola Tinubu, was instantly passed by the upper chamber. In a unanimous vote after a clause consideration in the Committee of the Whole, the National Minimum Wage Bill scaled third ...

For the fifteenth consecutive year, Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital in the 2024 Top 1000 World Banks’ Rankings, published by The Banker Magazine. This ranking places Zenith Bank Plc as the 565th Bank globally with a Tier-1 Capital of $2.01 billion. The rankings, published in the July 2024 ...

United States President, Joe Biden, says he is stepping down as a candidate in the 2024 election. Biden made the declaration on Sunday in a statment on X. He added that he would speak to the nation “later this week” about his decision. Dozens of congressional Democrats have publicly urged the 81-year-old to step aside after his shaky debate performance ...

The ‘Giant in you’ campaign of the FirstBank has again confirmed the common expression that ‘apple doesn’t fall far from the tree’ given the history of the financial brand and its legendary relevance to the growth of enterprises, within and outside Nigeria. In its usual creative conjecture, 13O-year-old FirstBank, has hit the airwaves and other media outlets with various visuals ...

The President of the Nigeria Labour Congress (NLC), Joe Ajaero; and his counterpart in the Trade Union Congress (TUC), Festus Osifo, say the Organised Labour agreed to ₦70,000 as the new minimum wage for Nigerian workers because the wage reviews in the country will no longer be every five years but once in three years. They spoke on Thursday after ...

President Bola Tinubu on Tuesday approved the sum of N70,000 as new minimum wage for Nigerian workers. He also promised to review the minimum wage every three years. Tinubu, who gave the approval during a meeting with the leadership of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) at the Presidential Villa, Abuja, promised to review the ...

Zenith Bank Plc, Nigeria’s leading financial institution, held its Capital Markets Day last week to showcase the bank’s inherent values as it embarks on its recapitalisation journey. The event, which brought together key market players, focused on the bank’s growth trajectory, strategic objectives, market performance, and consistent, robust dividend payout over the years. It also provided an opportunity for the ...

Keystone Bank Limited, has emerged as the ‘Retail Bank of the Year’ at the just concluded Africa Industrial and Development Conference and Awards 2024. The bank was presented with the prestigious award during the Nigeria Middle East Investors Expo and Awards ceremony held at Transcorp Hilton, Abuja, over the weekend. The African Industrial and Development Conference and Awards is an ...