HERITAGE BANK REGISTERS FARMERS IN 14 STATES WITH LCFE FOR N14BN WHEAT DISBURSEMENT PROJECT

*R-L: Olugbenga Awe, Divisional Head, Agribusiness, Natural Resources & Project Development, Heritage Bank; Akinsola Akeredolu-Ale, Managing Director, LCFE; Dr. Oluwasina Gbenga Olabanji, Former Executive Director Chad Lake Institute and Olabode Abikoye, CEO AgGroup Plc, at the Media Engagement to announce Heritage Bank, LCFE registration of 14 States’ farmers for disburse of N14bn wheat project funds, weekend in Lagos. Heritage Bank Plc in partnership with the Central Bank of Nigeria has set up plans to disburse a whopping sum of N41billion to farmers from 14 states for the expansion of wheat…

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NIGERIA’S TAX-TO-GDP RATIO ONLY ACCURATE WHEN STATE, LOCAL GOVERNMENT AND ALL GOVERNMENT REVENUE IS INCLUDED – FIRS

The Executive Chairman of the FIRS, Muhammad Nami has highlighted the need to include all revenue generated at the national and sub-national levels in order to properly determine the accurate computation of Nigeria’s tax-to-GDP ratio. He stated this in his welcome remarks at the “National Symposium On Taxation And Challenges Of External Shocks: Lessons and Policy Options for Nigeria,” on Monday, organised by the Federal Inland Revenue Service (FIRS) in collaboration with the Usmanu Danfodiyo University, Sokoto (UDUS) at the Transcorp Hilton Hotel Abuja. “One of the recurring issues in…

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SENATE DIRECTIVE: AMCON MAY PUBLISH DEBTORS’ LIST IN JANUARY

The Asset Management Corporation of Nigeria (AMCON) has concluded arrangements to publish the full list of the names of individuals, institutions as well as their Directors on its Non-Performing Loans (NPLs) portfolio in national newspapers. Recall that the Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani (Kaduna Central) last week directed AMCON to publish again, the names of all debtors including prominent Nigerians who are frustrating the effort of AMCON at fulfilling its debt recovery mandate. But as a responsible corporate citizen, the Management of…

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ECOBANK NIGERIA APPOINTS MOBOLAJI LAWAL MD DESIGNATE AS AKINWUNTAN RETIRES

Ecobank Group, has announced the appointment of Jubril Mobolaji Lawal, as the regional executive and Managing Director designate of Ecobank Nigeria, subject to the approval of the Central Bank of Nigeria. The appointment, is ahead of the retirement of the bank’s current  Managing Director, Patrick Akinwuntan, who will retire in  January 2022. Mobolaji Lawal joins Ecobank having been a versatile senior banking executive and digital transformation specialist for over 28 years with Guaranty Trust Bank Plc. He has deep involvement and experience in digital and retail banking, corporate and commercial…

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ACCESS BANK PICKS THREE TROPHIES AT 2021 EMEA AWARDS

Access Bank Plc was honoured with the ‘Best Bank Nigeria’, ‘Best Private Bank Nigeria’, and ‘Pan-African Sustainability Award’ during the 2021 EMEA Finance African Banking Awards. Group Managing Director/CEO, Access Bank Plc,  Herbert Wigwe, said: “We, at Access Bank, are dedicated to setting the bar for responsible business practices, demonstrating corporate brand commitment to tackling social, economic, and environmental challenges as part of our relentless endeavour to offer more than banking. This, combined with our vision of becoming the world’s most respected African Bank, has led us to take the…

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