Daily Archives: October 13, 2020

Wema Bank rewards 20 Royal Kiddies account holders

 Collins Nweze   WEMA Bank Plc  has rewarded 20 of its Royal Kiddies account holders through  during the virtual selection on October 2. Wema Bank’s  Royal Kiddies Account, designed for ages zero to 12, helps children to get an early start to financial freedom. The bank, which expressed its commitment …

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Standard Alliance gets new MD

 Collins Nweze   STANDARD Alliance Insurance Plc has appointed Omotayo Awodiya as its new Managing Director. The news was broken at the company’s 22nd Annual General Meeting (AGM) in Lagos. Awodiya is  an Associate Member of Chartered Insurance Institute of Nigeria, Chartered Institute of Insurance Brokers and Fellow of the …

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Why digital payment volume is rising, by FBNQuest

 Collins Nweze   THE volume of digital payment transactions have continued to rise during the ongoing COVID-19 pandemic, FBN Quest analysts have said. In a report, Head, Macroeconomic and Fixed Income Research, FBNQuest, Gregory Kronsten, said  the volume of digital payments in Ghana increased by 81 per cent in first …

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Deep sighs after SARS

By Matthew Ayibakuro   SINCE the #ENDSARS protests began, I have had a tab open on my computer to put down my reflections on the movement. Like many young people in Nigeria, I have had several regrettable experiences with SARS and the Nigeria Police Force generally. The memory of each …

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SARS: Matters arising

Dele Adeoluwa   THE last time the nation witnessed the nature of the massive obloquy against the now disbanded Special Anti-Robbery Squad (SARS) was, perhaps, in 1989 and 1993. The SAP Riots of 1989 and the campaign for the revalidation of the annulled June 12, 1993 presidential election were a …

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Transcorp Hotels gets new deadline on share capital restructure

Our Reporter   THE Nigerian Stock Exchange (NSE) has granted Transcorp Hotels Plc a three-year extension to enable the company restructure its share capital and release the specified minimum number of shares to the general investing public. The NSE operates a free float system that mandates all listed company to …

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Siemens Energy, others partner on energy transformation

Our Reporter   SIEMENS Energy and its partners are holding a major Middle East and Africa (MEA)-focused virtual conference, entitled: ‘Shaping the energy of tomorrow’. The conference, which holds from October 19-21, is aimed at driving  the sustainability and decarbonisation agenda in the energy industry. With the long-term impacts of …

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NSE delists Anino International over governance abuses

 Taofik Salako, Deputy Group Business Editor   THE Nigerian Stock Exchange (NSE) has delisted Anino International Plc after the Lagos-based manufacturing company  failed to meet corporate governance and post-listing rules at the stock market. The paid up share capital of Anino was delisted with effect from October 12, 2020, end …

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Tunisians protest after man dies in kiosk demolition

Angry residents took to the streets of a Tunisian town on Tuesday after a man died when authorities demolished an illegal kiosk where he was sleeping. The shop in Sbeitla, in the central province of Kasserine, was demolished in the early hours on the orders of local authorities, security sources …

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