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FG launch online portal for COVID-19 vaccination

FG launch online portal for COVID-19 vaccination

National Primary Health Care Development Agency (NPHCDA) has launched an online registration portal for Nigerians eligible in taking COVID-19 vaccination ahead of the first batch of Astrazeneca vaccine which will arrive the country on Tuesday. Executive Director of NPHCDA, Dr Faisal Shuaibu disclosed this at the launching of TEACH strategy for the COVID-19 vaccine introduction […] Read More

CBN pump $10.3b into economy in 6month to defend naira

CBN pump $10.3b into economy in 6month to defend naira

The Central Bank of Nigeria (CBN) defended the naira in six months with $10.3 billion intervention in the inter-bank foreign exchange market, its half-year report has shown. The naira dipped to N429.75/$1 on the Investors’ & Exporters’ window at last week’s trading sessions, depreciation from around $410/$1 it exchanged previously. Although the local currency has […] Read More

CBN set to inject N118b into DisCos for even distribution of Power

CBN set to inject N118b into DisCos for even distribution of Power

The Central Bank of Nigeria (CBN) will be disbursing N118 billion for power distribution projects across the six geopolitical zones. Senior Special Assistant to President Mohammadu Buhari on Public Affairs, Ajuri Ngelale, disclosed this on Sunday. This, he said, would enable the operators to add 2,000 megawatts to the power supply. Ngelale said the current […] Read More

Beware of fake recruitment, empowerment scheme – Dangote group

Beware of fake recruitment, empowerment scheme – Dangote group

Dangote Industries Limited has debunked claims of a fraudulent scheme circulating on social media titled, “2021 Dangote Empowerment”, purported to be approved by the Aliko Dangote Foundation (ADF). The company in a statement signed by Mr Francis Awowole-Browne, Director, Corporate Communication Department, Dangote Industries Limited, said the scheme was a scam. Awowole-Browne said the circulation […] Read More

No Increase in Fuel Price in February – NNPC

No Increase in Fuel Price in February – NNPC

In spite of the rise in the price of crude oil in the international market, the Nigerian National Petroleum Corporation (NNPC) has ruled out any increment in the ex-depot price of Premium Motor Spirit (petrol) in February 2021. This was disclosed in a press release by the Group General Manager, Group Public Affairs Division, Dr. […] Read More

Fidelity Bank Plc successfully issued the largest ticket Tier II Local Bonds in Nigeria.

Fidelity Bank Plc successfully issued the largest ticket Tier II Local Bonds in Nigeria.

Fidelity Bank Plc has successfully issued 10 years N41.21 billion in fixed-rate unsecured subordinated bond at a 8.5 percent coupon rate due in 2031. The bond issuance which was fully subscribed given that total investor interest and commitments in the bonds were N56.6 billion, adds to the impressive portfolio of landmark transactions structured by the […] Read More

No Plan to increase pump price of petrol -NNPC

No Plan to increase pump price of petrol -NNPC

Against circulated rumour of possible increase in the pump price of PMS, Nigerian National Petroleum Corporation (NNPC) on Tuesday has calm the tension of many Nigerians. Group General Manager, Group Public Affairs Division, Dr Kennie Obateru, dismissed rumours about an imminent upward review of petrol price. “NNPC has not increased its ex-depot price. I am […] Read More

Fidelity Bank Hosts National Capacity Building Webinar For SMEs

Fidelity Bank Hosts National Capacity Building Webinar For SMEs

Fidelity Bank Plc, top Nigerian lender is set to organise a National Capacity Building Webinar For Small Medium Enterprises (SMEs) in the country. The programme is part of deliberate efforts to assist entrepreneurs across all sectors of the Nigerian economy develop requisite capacity to unlock their full potentials and take their businesses to the next […] Read More

Onyeali-Ikpe Assumes Office as the first Female Fidelity Bank MD/CEO

Onyeali-Ikpe Assumes Office as the first Female Fidelity Bank MD/CEO

The new Managing Director/CEO of Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, whose tenure formally commenced on January 1, 2021, has assumed office, becoming the 4th Chief Executive and first female to occupy the position since the inception of the bank in 1988. She succeeds the erstwhile MD/CEO, Mr Nnamdi Okonkwo who retired on December 31, […] Read More

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