Category: Press Releases

Africa Holds Key For Feeding 9bn People By 2050, Says Adesina

  The President of the African Development Bank (www.AfDB.org) and 2017 World Food Prize Laureate, Dr Akinwumi Adesina, said Africa holds the key for feeding the nine billion people that will inhabit this planet by 2050. He stated this (http://APO.af/z7AxMV) during his Norman Borlaug Lecture delivered on World Food Day.   The Laureate also called for…

Unity Bank donates vehicle to Borno State SUBEB

In an effort to sustain its current focus towards intervention for the North East rehabilitation, Unity Bank Plc has stepped up its support to Borno State Government with a recent donation of a vehicle to the State Universal Basic Education Board (SUBEB) as part its Corporate Social Responsibility to promote education and ameliorate the effects…

DMO Explains Utilisation Of $5.5bn Planned External Borrowing

DMO DG, Ms Patience Oniha The Debt Management Office on Thursday explained that the proposed borrowing of N5.5 billion from external sources by the Nigerian government is a good initiative. President Muhammadu Buhari recently wrote the National Assembly seeking permission to raise the funds. The $5.5 billion is in two phases, the DMO explained.‎ The…

NAICOM reiterates plan to grow insurance industry by 2020

The National Insurance Commission (NAICOM) has plan to further grow the Nigerian insurance industry by 2020. According to the Deputy Commissioner, Technical, NAICOM, Sunday Thomas disclosed that the Commission was working to ensure the success of its major priorities for 2017 to 2020. Thomas therefore reiterated NAICOM’s desire to collaborate with state governments to ensure…

UBA Introduces Video Live Chat with Co-browsing Technology

In recent times, customer behaviour and expectations are ever-evolving and with this challenge, comes the need to meet their needs as well as ensure, new offerings are at the forefront of technological evolution. On the back of this development, UBA a leading innovative player in Financial Services is finding new ways to communicate and engage…

N101bn judgment debt refund: NIMASA appeals against tax holidays; protest media trial 

With overwhelmed by the intimidating prospects of making a refund of N101 billion judgment debt, the Nigerian Maritime Administration and Safety Agency (NIMASA), has appealed the judgment of the Federal High Court Lagos, in the matter between Nigeria Liquefied Natural Gas (NLNG), Attorney General of the Federation, Global West Vessels Specialists Ltd and NIMASA. The…