April 24, 2024
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UBA partners Afreximbank, confirms NNPC received $2.25b

By Editor 79 0
By Emmanuel Kwada Afreximbank has announced an initial disbursement of US$2.25 billion under a syndicated US$3.3 billion Crude Oil Prepayment Facility sponsored by the Nigerian National Petroleum Company Limited. The announcement was published on its website on Saturday. The Cairo-based bank stated that the landmark financing is the  largest syndicated loan ever raised by Continue Reading
Airlines
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Pressure on airlines: NCAA beefs up safety measures to prevent air mishap

By Editor 191 0
By Daniel Adaji Despite the turbulence being encountered by airlines in Nigeria due to the scarcity and high cost of aviation fuel, foreign exchange,  and the increasing cost of operation, the Nigeria Civil Aviation Authority (NCAA), the apex regulatory authority, has beefed up surveillance activities on operating airlines to ensure no operators engaged in under-cutting Continue Reading
armed robbers
Fact Check Banking Blogs Business Features Investigations Media Opinions Top Stories Zenith Bank, Cross Rivers, Nigeria, Banking, Economy

Fact-check: Did armed robbers raid UBA in Ankpa?

By Editor 206 3
By Daniel Adaji Armed robbers attacked banks in Ankpa Local Government Area of Kogi State onTuesday September 6, 2022. This attack was the second most gruesome in 10 years and it left at least two persons dead, several others wounded and a Police Station shattered. Claim: Several media organisations reported that three bank branches: United […]Continue Reading
Robbery
Arts Banking Blogs Business Features Investigations Media Photos Terrorism Monitor Top Stories Uncategorized Zenith Bank, Cross Rivers, Nigeria, Banking, Economy

Cash shortage hits Kogi East after Ankpa Bank Robbery

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By  Daniel Adaji The robbery of First Bank Plc and Zenith Bank Plc branches in Ankpa, Kogi East last Tuesday, September 6, 2022, has caused severe cash shortage in the geopolitical zone. An eye witness, Julius Adukwu, who is a resident of Ankpa,  told The Insight that “The robbers invaded Ankpa at about 1pm on […]Continue Reading
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