N5trillion AMCON debt: IGP directs all AIGs, CPs to support recovery drive​

PHOTO CAPTION: L-R: Mr Sa’ad Ahmed, Head, Inter-Governmental Department, Asset Management Corporation of Nigeria (AMCON); Mr Jude Nwauzor, the Corporation’s Head of Corporate Communications Department; Mr Baba Tijjani, DIG Operations, Force Headquarters Abuja; Mr Albert Nwanozie, Head, Legal Department, AMCON; Mr Usman Alkali Baba, the Inspector General of Police (IGP); Mr Ahmed Kuru, Managing Director/Chief Executive Officer, AMCON); Mr Zanna M. Ibrahim DIG Logistics & Supplies, Force Headquarters; Mr Aliyu Kalgo from the office of AMCON MD and Mr Usman Abubarkar, Head, Enforcement, AMCON in a group photograph at the…

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Crown Flour Mill joins global efforts to curb malnutrition

Large-scale food fortification is an essential action to reduce micronutrient deficiencies in Africa. To unlock the full potential of fortification, the private sector needs broader partnerships to foster investments in food processing technology and infrastructure as well as to drive consumer education. This was the submission of Ashish Pande, the Managing Director of Crown Flour Mill (CFM) Limited, an Olam Group Company in Nigeria, during a virtual high-level consultation organised by the Government of Côte d’Ivoire and the United Nations World Food Programme (WFP), through the Regional Centre of Excellence…

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Truecaller crosses 500 customer milestone for business offering

Truecaller has announced a milestone of 500 customers for its Truecaller for Business offerings. This success has been achieved within a few months of conscientious efforts by the team in helping brands connect with their customers better. The businesses are from more than 25 countries, including Nigeria, Kenya and South Africa, who have adopted the solution to add value to their existing businesses. The offering allows businesses to verify their identities on Truecaller which increases consumer safety by preventing fraud and scam calls. This includes various types of businesses, across…

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Appeal Court affirms N5m judgement against First bank over extra-judicial killing

The Court of Appeal, Lagos division has affirmed the judgement of a Lagos high court, which ordered First bank Plc, to pay the sum of N5 million to a businesswoman, Ganiat Amope Dilly. Apart from dismissing the appeal, a 3-man-panel, which includes, Justice Obande Festus Ogbuinya, Justice Fatima Omoro Akinbami and Justice Fredrick Oziakpono Oho, also unanimously slammed a N100, 000 cost against First Bank Plc with for instituting the appeal. The respondent in the appeal, Mrs. Dilly, had through an exparte application asked for Order Nisi for the enforcement…

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UBA’s half-year profit grows by 33% to N76.2b

Declares 20k per share interim dividend   The United Bank for Africa (UBA) Plc has announced its audited half year financial results for the half year ended June 30, 2021, showing impressive growth across all major income lines and performance indicators. The pan African financial institution delivered a 33.4 per cent appreciation in its profit before tax which rose to N76.2 billion as at June 2021, up from the N57.1 billion recorded in the same period of 2020. This translated to an annualised Return on Average Equity (RoAE) of 17.5…

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Domestication of foreign training is saving Nigeria huge foreign exchange- NCAA DG

Photo Caption: From left Mrs Carol Adekotujo, AGM PR, Nigerian Civil Aviation Authority NCAA; Captain Elisha Bahago, Director, Operations, Licensing and Training Standard, NCAA; Captain Musa Nuhu, DG/CEO, NCAA and Mr Olusegun Koiki, Chairman, League of Airports and Aviation Correspondents at an interactive meeting between LAAC members and DG, NCAA in Lagos on Monday The director general of the Nigerian Civil Aviation Authority, NCAA, Capt Musa Nuhu, has disclosed that the domestication of the training of some its technical personnel as a result of Covid 19 pandemic is saving the…

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