Access Bank posts Gross Earnings of ₦764.7bn in FY 2020

Despite a challenging economic and regulatory landscape, Access Bank PLC has announced gross earnings of ₦764.7bn for the financial year ended December 31, 2020. The Bank’s audited gross earnings shows a 15% improvement from the ₦666.75bn posted for the comparative period of 2019. While the Bank’s Profit Before Tax stood at ₦125.9bn, it also posted…

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CBN orders closure of cryptocurrency traders’ bank accounts

The Central Bank of Nigeria (CBN) has directed the closure of bank accounts of persons or entities involved in cryptocurrency transactions. The apex bank issued the order on Friday in a circular to deposit money banks (DMBs), non-bank financial institutions (NBFIs), and other financial institutions (OFIs).  “Further to earlier regulatory directives on the subject, the…

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Nollywood Actress Orisabunmi Is Dead

                              Veteran Yoruba actress, Folake Aremu, popularly known as Orisabunmi, is dead, reports The Gazelle News.com.   The news of her demise was broken by the President of the Theatre Arts and Motion Pictures Practitioners Association of Nigeria (TAMPAN), Bolaji Amusan,…

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ISG Boss Tunistra: Why We Support Private Sector To Help Africa Governments Grow Continent

ISG & Partners, under the leadership of Mr Steven Tunistra has offered to assist the private sector in Africa fund its infrastructural projects to enable it assist government in creating jobs while also developing infrastructures in the continent. Fielding questions from the media at the weekend, Steven Tuinstra CEO, President and Founder International Service Group…

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School feeding programme gulped over N500m during lockdown – Minister

The Federal Government expended about N523.3 million on school feeding programme during the lockdown against the coronavirus pandemic. The Minister of Humanitarian Affairs, Disaster Management and Social Development (MHADMSD), Sadiya Farouq, announced this at the Presidential Taskforce briefing on COVID-19 on Monday in Abuja. Farouk made the revelation against the rumours and speculations going around…

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Why Magu may not return to office

The acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, spent last night in police cell after he was grilled for about six hours by a Presidential panel headed by Justice Isa Salami, a former President of the Court of Appeal. The PUNCH gathered that Magu was detained at the Force Criminal Investigation Department…

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