Investment and finance

Abdulmalik Femi, hacks into Nigerian bank’s system, steals N1.87 billion

Nigerian man identified as Salau Abdulmalik Femi has been arrested by detectives from the Special Fraud Unit (SFU) of the Nigeria Police Force (NPF) for allegedly hacking into the server of a Nigerian bank to steal N1.87 billion.The suspect, police said, is the kingpin of a syndicate that specialises in hacking into the servers of …

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Osinbajo: Rallying private sector for economic resurgence despite challenges, COVID-19 restrictions

Though Federal and State governments and various agencies have so far managed the COVID-19 outbreak in Nigeria with a view to minimising its adverse effects on lives and livelihoods, the pandemic-induced economic challenges have continued to bite harder on Nigerians amidst other challenges facing the nation. With rising inflation rate, unstable global oil price, continued …

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Unity Bank Grows 34% Pre-tax Profit, Records N23B Gross Earnings in H1 2021.

Unity Bank Grows 34% Pre-tax Profit, Records N23B Gross Earnings in H1 2021.Nigeria’s retail lender, Unity Bank Plc has declared half-year result posting gross earnings of 23.6 billion Naira, which is a 3% increase compared with the corresponding period of 2020. A review of the unaudited half year result (H1’2021) released to the Nigerian Stock …

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Wema Bank Appoints Two Non-Executive Directors

  Wema Bank Plc has announced the appointment of two Non-Executive Directors to its Board of Directors following the approval of the Central Bank of Nigeria. The two new directors are Prince Olusegun Adesegun and Mr Adeyemi Adefarakan, both of whom are bringing a wealth of corporate administrative experience to the bank. Prince Olusegun Adesegun …

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OSINBAJO @ 4TH MSMES AWARDS: WE ARE ENCOURAGED BY INNOVATION, RESILIENCE OF YOUNG NIGERIANS

𝑺𝒕𝒂𝒕𝒆𝒉𝒐𝒖𝒔𝒆 𝑷𝒓𝒆𝒔𝒔 𝑹𝒆𝒍𝒆𝒂𝒔𝒆  The Federal Government is encouraged by the resilience and innovation of young Nigerians across different sectors and is committed to doing more to support their growth and prosperity, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo stated this last night at the 4th National MSME Awards held at the State House Banquet …

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ZENITH BANK ADJUDGED BEST CORPORATE GOVERNANCE ‘FINANCIAL SERVICES’ IN AFRICA 2021

For the second consecutive year, Zenith Bank Plc has been named as the Best Corporate Governance ‘Financial Services’ Africa 2021 by the Ethical Boardroom. The award, which was published in the June 2021 edition of The Ethical Boardroom magazine, is in recognition of the bank’s adherence to global best practices and institutionalization of corporate governance, …

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