Saturday , 27 April 2024

Author Archives: NewsThumb Magz

COVID 19: Decision Necessary to Sustain Business-Wigwe

  Wigwe, Access Bank’s Group Managing Director’s entry into banking, one may say, was not by chance, nor accidental. Looking back at his meteoric rise and achievements within the space of time he began his banking career in Guaranty Trust Bank Limited (GTBank) and now, it would be safe to deduce that he has accounted well for his time so ... Read More »

FirstBank Cardholders Records N1.18trn in Transactions Value during Lockdown

Since its establishment in 1894, FirstBank has consistently built relationships with her customers, focusing on the fundamentals of good corporate governance, strong liquidity, optimised risk management and effective leadership. These, amongst others, are the reasons the Bank has dominated the financial market for over 126 years. The Bank has led the financing of private investment in infrastructural development in the ... Read More »

Zenith Bank CEO admits COVID-19 will severely impact banks

One of the most immediate impacts of the Pandemic is the fact that the oil price crash will have negative implications for banks’ revenue targets. “In terms of banking, the drop in the price of crude is affecting directly the exposure that banks have created in the oil and gas sector. Revenues are challenged now, no doubt. And you have ... Read More »

ASUU will continue strike, but is it ethical?

The academia was the last place one would expect any stage performance from a depression script. The country is on its kneels begging to return to its previous life. And then ASUU informs that it would not suspend its strike despite the payment of salaries hitherto withheld by the federal government. ASUU insists that the federal government is not doing ... Read More »

Buhari, Sanwo-Olu’s efforts deserve commendation, says APC chieftain

Former Lagos State Commissioner for Public Transportation Chief Lanre Razak said on Monday that efforts of President Muhammadu Buhari and Governor Babajide Sanwo-Olu to contain the deadly Covid-19 deserved commendation, not condemnation. Razak, a member of the Lagos State All Progressives Congress (APC) Governor’s Advisory Council (GAC), slammed the People’s Democratic Party (PDP) for blaming the President for the spread ... Read More »

Missing N19.63bn LG fund: Ihedioha can’t stop probe – Imo lawmakers

The Public Accounts Committee set up by Imo House of Assembly said Tuesday that the immediate past governor of Imo State, Emeka Ihedioha cannot stop the House from carrying out its over sight functions including investigating allegation of missing N19.63 billion local government fund. He said that the committee functions were backed by the constitution and the rules of the ... Read More »

COVID-19: SMEs’ partnership, rigorous commitment key to sustainable economy growth- Sekibo

In light of the sharp dwindling in the global economy occasioned by Covid-19 pandemic, the MD/CEO of Heritage Bank Plc, Ifie Sekibo disclosed that with partnership, truth, character and rigorous commitment to businesses, the micro, small and medium enterprises (MSMEs) stand to revamp the nation’s economy for sustainable growth. He also stated that evidences have shown that for SMEs to ... Read More »

Corona Virus Saga: Wike now a full-blown dictator- Peterside

The immediate past Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has condemned in strong terms the demolition of two hotels in Rivers State by Governor Nyesom Wike over alleged violation of an Executive Order. Peterside said Wike had so far developed into a full-blown dictator, insisting that the latest action of the governor was ... Read More »

COVID 19 : 160 Nigerians evacuated from US arrived Abuja

160 Nigerians stranded in the United States owing to the COVID-19 pandemic have arrived the Nnamdi Azikiwe International Airport, Abuja. The first batch of the stranded Nigerians arrived around 11:05am on Sunday. Among the evacuees were eight infants. They arrived aboard an Ethiopian Airlines Boeing 787 aircraft under the special flight arrangements by the Federal Government for nationals stranded abroad. ... Read More »

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