Category: Business

Wema Bank Brings Christmas Fun To Theatre Lovers With Duke of Shomolu’s Performances

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Wema Bank, Nigeria’s most innovative bank, has thrown its weight behind the Duke of Shomolu (DOS) Production, one of the fastest-growing theatre franchises in Nigeria, in its four-stage plays slated for December 2022. According to Morolake Philip-Ladipo, the bank’s Acting Head of Marketing Communications and Investor Relations, “more than giving theatre lovers a special experience for the yuletide, the sponsorship shows the bank’s demonstration commitment towards the growth and development of arts and culture in the country.” Morolake also disclosed that Wema Bank has been supporting theatre performances in the…

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Cashigo International Company officials docked for unlawful obstruction of investigation

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A Federal high sitting in Lagos south west Nigeria has adjourned till 14th of February, 2023 for the trial of a company Cashigo International Limited and it’s four officials alleged to have obstructed the investigation of the Federal Competition and Protection Commission to commence. The four officials of the company arraigned alongside the company are Liu Xu David, Olayinka Akintade Ojomo, Emeka Odom and Laurratta Stanley Akwuru. According to a five count charge filed before the court : Cashigo International Limited, Liu Xu David (M), Olayinka Akintade Ojomo (M), Emeka…

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FIRSTBANK DECEMBERISSAVYBE: IF YOUR DECEMBER IS NOT VYBING, YOU AREN’T IN DECEMBER

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In Nigeria, the first day of December ushers in the advent of the festive season which runs through the month progressively till early January when businesses and official duties resume fully again. December, in the world’s most populous black nation, is characterised, with fascinating scenery, by shops, streets, offices and homes getting decorated with twinkling lights and dazzling ornaments. The month also welcomes religious festivities of Christmas, the biggest celebration for christians globally which takes place just a week before the New Year rolls in amidst celebration unmatched by any…

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CBN limits cash withdrawals to N100,000 weekly

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Central Bank of Nigeria (CBN) has restricted cash withdrawals from over-the-counter, Automated Teller Machines (ATMs) to N100, 000 and N500, 000 per week for individuals and corporate organizations, respectively. The apex bank disclosed this yesterday in a circular to all deposit money banks (DMBs) and other financial institutions (OFIs), signed by the Director, Banking Supervision Department of CBN, Mr. Haruna Mustafa, adding that daily withdrawal from ATMs will now be N20,000 subject to N100,000 per week. The CBN also directed DMBs and OFIs to load only N200 and lower denominations…

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Winner of the 61st FirstBank Lagos Amateur Open Golf Championship gets listed in The World Amateur Golf Rankings (WAGR)

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Emmanuel Ojeabulu, winner of the 61st FirstBank Lagos Open Golf Championship has been listed in the WAGR. The premier golf championship which was held from 18 – 20 November at the golf section of Ikoyi Club 1938 was keenly contested by over 190 low handicap players from several golf clubs in the country. Benin based Emmanuel Ojeabulu won the 3-day championship. Playing three-shots off the pace going into the last 18-holes, Ojeabulu played one of the best golf of his life, maintaining steady pars for a closing 74, 3-over the…

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Photo story: Wema Bank wins Pearl Awards for Highest Dividends Yield, 2022

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Left to right: Chairman, Lasaco Assurance Plc & Former Board Member, PEARL Awards Nigeria., Chief(Mrs) Teju Philips; Deputy Managing Director, Wema Bank, Moruf Oseni; Chief Financial Officer, Wema Bank, Tunde Mabawonku; Reputation Management Officer, Wema Bank, Olumide Yomi-Omolayo; CEO, NASD OTC Securities Exchange Limited, Mr. Longe Eguarekhide, presenting the Pearl Award to Wema Bank as the winner of the 2022 Highest Dividend Yield at Eko Hotel and Suites last weekend. Share on: WhatsApp

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Coscharis Motors’ Customers to Access Premium Insurance Coverage from AIICO

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Coscharis Motors Limited, a leading brand in the Nigerian automobile industry, has partnered with AIICO Insurance Plc to embed insurance into its automobile sales. As a result, existing and prospective customers of Coscharis will continue to enjoy premium automobile after-sales service backed with risk protection from the underwriting company, guaranteeing peace of mind at a minimal cost from the moment they purchase any vehicle of their choice. Speaking at the launch, Mr. Abiona Babarinde, Coscharis Group’s General Manager, Marketing and Corporate Communication, “We have entered into this value-based collaboration in…

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Nigeria Bankers Games: Wema Bank tops with 22 record-breaking medals

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Wema Bank, one of Nigeria’s most innovative banks, emerged the overall winner in the just concluded 2022 edition of the Nigeria Bankers Games with a record-breaking 22 medals. At the end of the games, reputed as the most prestigious sporting competition in the Nigerian banking industry, the bank stood at the top of the medals table having garnered a total of ten gold, seven silver and five bronze medals. The organizers of the sports fiesta, Media Vision Limited, Nigeria’s leading sports marketing and activation company, in a letter to the…

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Sterling Bank Sponsors Training For 1,000 youths

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Sterling Bank Plc, Nigeria’s leading commercial bank, has partnered with Nigeria Jubilee Fellows Programme (NJFP) to sponsor 1,000 fellows during this year’s training programme. Managing Director and Chief Executive Officer (MD/CEO) of Sterling Bank Plc, Mr. Abubakar Suleiman said, at the launch of the programme in Lagos, that the bank is supporting NJFP because of its interest in the education sector as one of five sectors it is presently concentrating investments in under its HEARTs of Sterling programme. The other sectors are Health, Agriculture, Renewable Energy and Transportation. The Nigeria…

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CBN unveils new Naira notes

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The Central Bank of Nigeria (CBN), yesterday unveiled the new N200, N500 and N1000 notes. Nigerians had opportunity to see the new banknotes after they were unveiled by President Muhammadu Buhari during the Federal Executive Council (FEC) meeting at the Presidential Villa, Abuja.   The unveiling came three weeks ahead of December 15 earlier scheduled for its release, just as calls for extension of the deadline intensify.     Expressing delight that the redesigned currencies are printed by the Nigerian Security Printing and Minting (NSPM) locally, President Buhari said features of…

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