How Nigerians in diaspora can register for BVN-CBN

The Central bank of Nigeria (CBN) has unveiled the guidelines for the enlistment of Nigerians in the diaspora on the BVN initiative, according to CBN circular released to Nigerian commercial banks. The development will allow Nigerians in the diaspora, get their BVN numbers without the need to come to Nigeria, albeit only in the following […]

NNPC sacks 38 management staff

NNPC sacks 38 management staff

NNPC has sacked 38 management staff of the company.The sack, which was wrapped with euphemism as retirement is part of the reforms embarked upon by the Buhari administration. The new NNPC Group managing director has been working to give NNPC a new system that will reduce the battered image of the corrupt institution,Gistmaster gathered. Business […]

UBA Wins Award As Largest Lender To Agriculture

Lagos-Nigeria; 10 – 08- 2015; Pan-African Financial Services group, United Bank for Africa (UBA) Plc was on Saturday, August 8, 2015 honoured with an award as Nigeria’s biggest lender to agriculture. The award was conferred on the bank by the Lagos Chamber of Commerce and Industry (LCCI) at the chamber’s annual commerce and industry awards […]

Nigerian universities rake in billions of Naira from post UTME

Nigerian universities rake in billions of Naira from post UTME

The calculations of what Nigerian universities make from post UTME alone will give a staggering figure running into millions of Naira, Gistmaster gathered.UTME also known as post-Jamb stands for post Unified Tertiary Matriculation Examination (UTME). Gistmaster gathered that at the Obafemi Awolowo University (OAU),Ile Ife alone, no fewer than 27000 admission seekers wrote the post […]

After donating N2 Billion to Jonathan Campaign,Skye Bank Chair owes FCMB N175 Million

After donating N2 Billion to Jonathan Campaign,Skye Bank Chair owes FCMB N175 Million

After donating the sum of N2 Billion to President Gooduck Jonathan campaign, the chairman of Skye Bank,Olatunde Ayeni is owing FCMB close to N200 Million. Ayeni’s company,Globe Energy Resources Limited,was listed as one of the major debtors of FCMB in Nigerian newspapers.MRS,Rabiu Isiyaku Rabiu,Senator Hope Uzodinma and others top the list of debtors on FCMB […]

Why Semenitari Resigned As GMD of Unity Bank

Why Semenitari Resigned As GMD of Unity Bank

Contrary to reports making the rounds especially on the new media for weeks that the Managing Director/CEO of Unity Bank Plc, Henry James Semenitari was forced to proceed on compulsory leave or sacked owing to boardroom squabbles and fraud among others, investigation has revealed that Semenitari was never fired nor suspended. Investigations revealed that the former […]

ICNL stops The News,PMNews print run

ICNL stops The News,PMNews print run

ICNL the publishers of The News,Tempo and PMNews evening newspaper has stopped the print run of the newspapers on it stable. This was made known by the publisher Mr. Bayo Onanuga. The newspapers will put it strength online,Gistmaster gathered. In a publication by Premium Times,after 22 years of hitting Nigeria’s news stands weekly, ‎The News […]

Fidelity Bank Plc announces a 13.6% growth in Gross Earnings to N71.9 billion and a Profit before Tax (PBT) of N9.7bn

Fidelity Bank Plc announces a 13.6% growth in Gross Earnings to N71.9 billion and a Profit before Tax (PBT) of N9.7bn

Nnamdi Okonkwo, Managing Director and CEO of Fidelity Bank plc commenting on the results, stated that: “Business operations in H1 2015 were challenged by a difficult operating environment due to heightened political risks in Q1, weaker government revenues arising from lower crude oil prices, a tighter monetary policy environment and currency devaluation concerns which all […]

Gtbank branches to close early on Tuesday

Gtbank branches to close early on Tuesday

GTbank branches across Nigeria will close early on Tuesday 30 June 2015.According to the reason given by the management of the bank,it will enable them complete their half year audit. In an electronic mail, GTbank said “Please be informed that our branches will close early on Tuesday, 30th June 2015 to enable us complete our […]

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