Oscar Onyema elected to Board of World Federation of Exchanges

The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (“NGX Group”) Plc, Mr. Oscar N. Onyema, OON, has been elected to the Board of World Federation of Exchanges (WFE). This decision was reached at the 60th General Assembly and Annual Meeting of WFE on 9 September 2021. ​ With the election, Onyema will serve on the WFE board for a 3-year term, representing Europe-Middle East-Africa (EMEA) region. ​ Commenting on the development, Onyema stated, “I am honoured to be elected to the board of the WFE which is the…

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Cyber crime: Union Bank evolves new technologies to protect customers deposit

The management of Union Bank PLC has disclosed that the bank is always evolving new technologies to ensure their customers do not suffer loss on account of cyber crime. The Bank said it has high standard for security, to protect their system against cyber crime. Speaking during a recent interactive zoom meeting with online Journalists, Chief Brand & Marketing Officer of Union Bank, Mrs Ogochukwu Ekezie Ekaidem stated that the bank places premium on the protection of customers deposit by ensuring they do not suffer any loss on account of…

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Court remands alleged drugs lord arrested in Lagos church

A Lagos Federal High Court, has ordered the remand of alleged drug lord, Stephen Afam Ikeanyionwu, who was arrested in a Pentecostal church Ojodu, Lagos by the Operatives of the National Drugs Law Enforcement Agency (NDLEA). The court presided over by Justice Tijjani Ringim, made the remand order on Thursday, following the drug lord’s not guilty plea to the six counts charge of conspiracy and unlawful dealing in the banned drug, levelled against him by the anti-narcotic agency. The defendant, a resident of 1,  Mike Ajeri Street, Ojodu-Berger, Lagos State,…

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Delta’s pre-flight testing significantly decreases rate of active COVID-19 infections on board

The risk of exposure to COVID-19 while traveling after all passengers test negative 72 hours in advance of your flight is less than 0.1 percent. That’s according to a unique study that examined real-world customer data on Delta’s COVID-tested flight corridors between New York-JFK, Atlanta and Italy’s Fiumicino International Airport. ​ The peer-reviewed study published in Mayo Clinic Proceedings showed a single COVID-19 molecular test performed within 72 hours of departure could decrease the rate of people actively infected onboard a commercial aircraft to a level that is significantly below…

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Nigeria2Equal: Stanbic IBTC, IFC, NGX Collaborate on Gender Balance across Employment

Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has announced a partnership with the International Finance Corporation (IFC) and the Nigerian Exchange Limited (NGX) to promote gender balance across employment and entrepreneurship in the private sector through the Nigeria2Equal initiative. The Nigeria2Equal initiative is a two-and-a-half-year programme implemented by the IFC in partnership with the NGX, aiming to reduce gender gaps across the employment and entrepreneurship cadres in the private sector. Dr Demola Sogunle, Chief Executive, Stanbic IBTC Holdings Plc, reiterated the group’s commitment to ensuring increased representation…

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Crown Flour Mill gets top certification for food safety standard

Photo Caption: L-R: Rhoda Abah, System Auditor, Bureau Veritas; Ashish Pande, Managing Director, Crown Flour Mill; Moshood Quadri, Head, Human Resources, Crown Flour Mill; Datti Danjuma, General Manager, Human Resources, Crown Flour Mill; and Adenike Akinbote, Certification Manager, Bureau Veritas, at the presentation of Food Safety Standard Certification (FSSC) 22000 to CFM Ikorodu Plant in Lagos on Friday, September 3, 2021. In recognition of its commitment to continuous food quality improvement and safety standards, Crown Flour Mill Limited (CFM) has been awarded the Food Safety Standard Certification (FSSC) 22000. The…

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Court declines halting Secondus’ removal

A Lagos Federal High Court Thursday declined to entertain a suit filed by the Uche Secondus led faction of the Peoples Democratic Party (PDP) restraining the party and any other members of the party from calling, summoning or presiding over any meeting of the party whatsoever including the meeting of any committee of the party, any congress of the party, the National Working Committee, the National Executive Committee, the National Convention except the one called by Dr. Uche Secondus, pending the hearing and determination of the substantive suit.  The court…

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