1. CBN fines Sterling Bank N218m for breaching nine rules
Sterling Bank was fined N218 million for breaching nine regulations of the Central Bank of Nigeria (CBN), the company’s annual financial statement for the period of 2022, released on Wednesday, revealed… Read more
Source: https://www.ripplesnigeria.com/cbn-fines-sterling-bank-n218m-for-breaching-nine-rules/
2. Nigerian Breweries issues N25bn commercial paper
Nigerian Breweries Plc has revealed a plan to raise N25bn from commercial paper issuance to support the company’s short-term working capital and other funding needs, according to a regulatory filing obtained by The PUNCH… Read more
Source: https://punchng.com/nigerian-breweries-issues-n25bn-commercial-paper/?amp
3. Livestock accounts for over 40 % of global Agric GDP – FG
The Livestock sub-sector accounts for more than 40 per cent of the global agricultural Gross Domestic Product, Dr Ernest Umakhihe, Permanent Secretary, Ministry of Agriculture and Rural Development, has said… Read more
Source: https://punchng.com/livestock-accounts-for-over-40-of-global-agric-gdp-fg/?amp
4. FAAN urges illegal occupants to vacate airport land
The Federal Airports Authority of Nigeria has issued a warning to all illegal occupants of airport lands to vacate the premises for their own safety and security… Read more
Source: https://punchng.com/faan-urges-illegal-occupants-to-vacate-airport-land/?amp
5. Firm’s vice chairman gets gas sector leadership award
The Executive Vice Chairman of ND Western Nigeria Limited, Dr Layi Fatona, has been recognised by the Nigeria Gas Association with the “Excellence in Gas Sector Leadership” Award for his contribution to the country’s oil and gas sector… Read more
Source: https://punchng.com/firms-vice-chairman-gets-gas-sector-leadership-award/?amp
6. Turkish Airlines begins probe as wheelchair passenger alleges maltreatment
In her decades of flying, Ms Margaret Adeyileka, a middle-aged woman who uses a wheelchair, says the humiliation she suffered recently on account of her physical disability on board a Turkish Airline flight from Istanbul to Lagos has become her life’s worst moment… Read more
Source: https://punchng.com/turkish-airlines-begins-probe-as-wheelchair-passenger-alleges-maltreatment/?amp
7. NSIA launches two companies to boost healthcare
The Nigeria Sovereign Investment Authority, managers of Nigeria’s Sovereign Wealth Fund, has launched two of its flagship companies. They are NSIA Advanced Medical Service Ltd and Equilease Systems Limited… Read more
Source: https://punchng.com/nsia-launches-two-companies-to-boost-healthcare/?amp
8. Agents kick over cargo charge hike
The Nigerian Aviation Handling Company and Skypower Aviation Handling Company have stated that the 100 per cent increase in tariff was in line with aviation standards as all relevant stakeholders were duly consulted… Read more
Source: https://punchng.com/agents-kick-over-cargo-charge-hike/?amp
9. GTCO Sustains Dividend Payout Amid Expansion
Guaranty Trust Holding Company Plc (GTCO) in its audited result and accounts for full year ended December 31, 2022 announced a significant improvement in balance sheet and sustained dividend payout to shareholders amid expansion into other business subsidiaries… Read more
Source: https://www.thisdaylive.com/index.php/2023/05/03/gtco-sustains-dividend-payout-amid-expansion/
10. FITC Launches Future of Work Academy
FITC has launched a new knowledge offering, the FITC Future of Work Academy (FITC FOWA)… Read more
Source: https://www.thisdaylive.com/index.php/2023/05/03/fitc-launches-future-of-work-academy/
