Polaris Bank Gets New Board, Management Team

Polaris Bank Gets New Board, Management Team

Polaris Bank has been notified of the completion of a Share Purchase Agreement (SPA) for the acquisition of 100 percent of its equity by Strategic Capital Investment Limited (‘SCIL’).    As part of the change in ownership, SCIL has appointed a...
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Reconstruct Failed Benin-Auchi Road To Tackle Insecurity, Obaseki Urges FG

Reconstruct Failed Benin-Auchi Road To Tackle Insecurity, Obaseki Urges FG

The Edo State Governor, Mr. Godwin Obaseki, on Friday, called for the Federal Government’s urgent intervention on the dilapidated Benin-Auchi-Okpella Road as part of measures to check insecurity in the area.  The Governor made the call after a security ...
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Wife Drags Husband To Court Over Alleged Secret Marriage To More Wives

Wife Drags Husband To Court Over Alleged Secret Marriage To More Wives

A housewife, Mrs Amina Muhammad, on Friday dragged her husband, Salisu Mohammed, before a Customary Court in Nyanya, Abuja, for alleged secret marriage to two more wives.  The petitioner, who resides in Mararaba, Abuja, made the allegation in a divorce...
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TotalEnergies/NNPC Joint Venture Donates Relief Materials To Flood-Affected Communities In Rivers

TotalEnergies/NNPC Joint Venture Donates Relief Materials To Flood-Affected Communities In Rivers

Joint Venture partners, TotalEnergies (Exploration and Production) Nigeria Ltd. and the NNPC donated relief materials to their Oil Mining Lease (OML) 58 host communities in Rivers on Friday.  The communities were devastated by recent floods.  Mr Guil...
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New NDDC Acting MD Task Directors On Service Delivery 

New NDDC Acting MD Task Directors On Service Delivery 

The Acting Managing Director of the Niger Delta Development Commission, NDDC, Engr. Emmanuel Audu-Ohwavborua has pledged to do the right things at the Commission going forward.   On arrival at the NDDC headquarters at the Eastern By pass, the Acting ...
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C&I Leasing Assures Shareholders Of Enhanced Return, Expansion

C&I Leasing Assures Shareholders Of Enhanced Return, Expansion

C &I Leasing Plc has reiterated plans to embark on a business expansion drive in the near future to increase market share and ensure enhanced returns to shareholders. The  C&I Leasing Group Managing Director/Chief Executive Officer, Mr Lenin Ugoji...
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Emefiele To Appear In Court Over $70m Judgment Debt

Emefiele To Appear In Court Over $70m Judgment Debt

The Federal High Court, Abuja has ordered the Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele to appear in court January 18, 2023 to explain his refusal to obey a valid court order.  Justice Inyang Ekwo issued the...
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Ember Months: FRSC Constitutes Mobile Courts

Ember Months: FRSC Constitutes Mobile Courts

Acting Corps Marshal, Dauda Biu, has directed all Federal Road Safety Corps commands nationwide to constitute mobile courts to try traffic offenders during the ember months.  Biu gave the directive on Thursday in Birnin Kebbi during the flag-off of specia...
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Broadband: Pantami Woos State Governors, Obaseki Shares Experience

Broadband: Pantami Woos State Governors, Obaseki Shares Experience

The Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, Thursday in Abuja, told a gathering designed for State Governors that the potentials of broadband are so enormous that if made available for their citizens, will be the...
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Alaghodaro Business Summit: Obaseki Hosts Dangote, Elumelu, Ibru, Peterside, Others

Alaghodaro Business Summit: Obaseki Hosts Dangote, Elumelu, Ibru, Peterside, Others

The Edo State Governor, Mr. Godwin Obaseki, Thursday, hosted key players in Nigeria’s private sector, including Chief Executive Officers (CEOs) of conglomerates, members of the diplomatic corps and other stakeholders in the investment community to a business...
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New Core Investor Acquires Polaris Bank

New Core Investor Acquires Polaris Bank

A new core investor, Strategic Capital Investment Ltd. (SCIL) has acquired Polaris Bank, The Central Bank of Nigeria (CBN), disclosed on Thursday. A statement signed by Mr Osita Nwanisobi, Director, Corporate Communications and posted on CBN website on Thursda...
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IOSCO Appoints Jean-Paul As New Board Chairman

IOSCO Appoints Jean-Paul As New Board Chairman

The International Organization of Securities Commissions (IOSCO) has announced the appointment of Mr. Jean-Paul Servais as Chair of the new IOSCO Board. Mr. Servais, Chairman of Belgium’s Financial Services and Markets Authority (FSMA), Vice Chair o...
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TotalEnergies charters MOL’s newbuild LNG carrier

TotalEnergies charters MOL’s newbuild LNG carrier

Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed a multi-year charter agreement with TotalEnergies Gas & Power Limited, a wholly-owned subsidiary of French energy firm Total Energies, for a newbuild liquefied natural gas (LNG) carrier. The cont...
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Shippers’ Council, NIMASA, ICPC, Others Advocate Improved Partnership Against Corruption At Ports

Shippers’ Council, NIMASA, ICPC, Others Advocate Improved Partnership Against Corruption At Ports

Some stakeholders in the maritime sector have called for increased collaboration among relevant agencies to tackle corruption in port processes in the country. They spoke on Wednesday at an Extra-Ordinary Session organised by the Independent Corrupt Practices ...
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