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By Itohan Abara-Laserian Lagos, May 27, 2021 Dangote Sugar Refinery Plc says Nigeria can earn 700 million dollars foreign exchange annually through implementation of the Backward Integration Policy (BIP) from sugar production. Chairman, Dangote Sugar Refinery, Aliko Dangote, said this at the company’s 15th Annual
…As Dangote Sugar Records 13.7 Percent Increase In 2020 Production (AFRICAN EXAMINER) – Dangote Sugar Refinery Plc has urged government to faithfully follow through the Backward Integration Policy in the sugar industry as the nation stands to rake in foreign exchange up to $700millon yearly from Sugar production self-sufficiency. Chairman of Dangote Sugar Refinery Aliko […]
Fidelity Bank targets Tier 1 by 2025 â Onyeali-Ikpe By Chinyere Joel-Nwokeoma Lagos, April 30, 2021 The Managing Director of Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, said that the top priority during her tenure would be to ensure the bankâs emergence as a Tier 1 financial institution by 2025. Onyeali-Ikpe disclosed this on the sidelines of the bankâs 33rd Annual General Meeting (AGM) in Lagos on Friday. She said that the bank was also targeting to achieve 7.5 per cent of the market share in total deposit by 2025. Onyeali-Ikpe said that the bank would achieve the targets thro...
Shareholders task CBN on insider-related credit policies On CBN Shareholders of First Bank of Nigeria Ltd. have tasked the Central Bank of Nigeria (CBN) on policies that would guard against insider-related borrowings by bank directors in the industry. They disclosed this in an interview with Newsmenon Friday in Lagos, while reacting to the apex bank’s action on FirstBank. Dr Farouk Umar, President, Association for the Advancement of the Rights of Nigeria Shareholders said that 90 per cent cause of bank failure was due to non-performing loans related to insider credit. Umar said the apex ...
Nnaemeka Nwangoro Updated March 11, 2021 Officials in Taraba receive the AstraZeneca vaccines on behalf of the state government on March 11, 2021. The Taraba State government has taken delivery of its first batch of the AstraZeneca COVID-19 vaccines for onward vaccination of its residents through the Primary Health Care Development Agency (PHCDA). A total of 56,250 doses of the vaccines were sent to the state via the Yola International Airport in the north-eastern part of the country. The Permanent Secretary of the State Ministry of Health, Dr Ebenezer Apake, received the vaccines on be...