BOI grows assets to N1.7tn- Aliyua Dikko
The Bank of Industry grew its assets from N683bn in 2016 to N1.7tn in 2021, which was disclosed by the chairman, Board of Directors, and BOI. The Chairman, Board of Directors, BOI, Aliyua Dikko, made this known while delivering his opening remarks at the inauguration of the bank’s second tower
Microsoft acquires process mining technology
Microsoft has acquired Minit, a process mining technology that enables businesses to uncover opportunities for continuous process. The mining technology will help in improvement and better operational efficiency. According to the tech company in its blog post, the acquisition will further empower Microsoft to help its customers digitally transform and
Practitioners: legal profession under threat
By Dooshima Fidelis Stakeholders in the nation’s judiciary have raised concern over the state of affairs in the legal profession in Nigeria with a suggestion that the entire system needed serious radical reforms. According to them, such reforms would curb unethical conduct among practitioners. The stakeholders included the Body of
Fidelity Bank Plc increases its dividend payout by 59% in 2020
Nigerian lender, Fidelity Bank Plc has announced a dividend payment of N0.35 kobo per 50 kobo ordinary share. The ordinary share is for the financial year ended 31 December, 2021. The dividend declared for the period is a 59% increase from what the bank paid its shareholders in 2020 (N0.22
Innoson vehicle to establish new manufacturing plant in Owerri
Indigenous automobile manufacturer, Innoson Vehicle Manufacturing (IVM) Company, has as part of its expansion drive. And announced plans to establish another manufacturing plant in Owerri, Imo State. The current expansion effort by the Innoson Group is to actualize its mission to become a giant in vehicle manufacturing in Africa by
US sentences a Nigerian prince to prison
By Dooshima Fidelis A Nigerian prince, identified as Sobanke Idris Sunday Adereti, 24, pleaded guilty on Oct. 25, 2021, to passport fraud and attempted bank fraud, and was sentenced to 33 months in federal prison in Texas, US. Adereti was arrested on Wednesday, March 30, by U.S. District Judge Jeremy
Women march to Aso rock in support of Tinubu, call for consensus
Thousands of Women and youths from across the 19 northern states of Nigeria on Friday, April 1 marched to Aso Rock They demand the adoption of All Progressive Congress (APC) aspirant, Bola Tinubu as the consensus candidate of the party in the forthcoming 2023 presidential election. The Nigerians said Tinubu
Kaduna state: Government to bomb bandits from existence
By Dooshima Fidelis The Kaduna State Governor Mallam Nasir El-Rufai has renewed his call that security forces should bomb bandits out of existence from the state. The governor made this call following last Monday’s night attack on the Abuja-Kaduna train. He noted that there was a collaboration between bandits and
Breaking: Final draw for Qatar 2022 World Cup
The draw for the 2022 World Cup takes place today at 19:00 local time in Doha, Qatar, as the group stage for the 32 nations is announced. Of the 32 teams involved, only 29 have been confirmed, as two intercontinental play-off matches will take place in June, while in Europe
Court grants N2m Bail to church general overseer
A Federal High Court sitting in Lagos State on Friday, April 1, granted General Overseer of Christ Living Hope Church, bail to the tune of N2m. Adaeventsnews gathered that operatives of the National Drug Law Enforcement Agency, NDLEA, arrested the cleric with drugs at the Murtala Muhammed International Airport on