BUSINESS

Digital Literacy: Polaris Bank partners NYSC, NerdzFactory to build capacity of 5,000 Corps Members

Daily Dispatch January 18, 2023

As part of its Corporate Social Responsibility(CSR) drive, Polaris Bank in partnership with the National Youth Service Corps (NYSC) and NerdzFactory has commenced a high-impact capacity-building workshop on digital skills for 5,000 National Youth Service Corps members across 12 states in

BUSINESS

CBN unveils platform against money laundering, terrorism financing

Daily Dispatch January 16, 2023

The Central Bank of Nigeria (CBN) has unveiled an Anti-Money Laundering, Combating the Financing of Terrorism and Countering Proliferation Financing of Weapons of Mass Destruction in Financial Institutions Regulations, 2022, (CBN AML/CFT/CPF Regulations) to tackle abuses in the country’s financial system. The CBN noted that the objective of the guidance was to assist

BUSINESS

UBA Foundation Launches The 9th Edition of NEC in Senegal

Daily Dispatch January 16, 2023

The UBA Foundation has announced the opening for entries into the 2023 National Essay Competition (NEC). The bank made the announcement in December 2022. The NEC has seen more than 15,000 applications registered, 87 finalists rewarded and 24 scholarships awarded since its inception in 2013 in Senegal. The competition has kept getting better since it […]

BUSINESS

Polaris Bank speaks on alleged court judgement ordering CBN to freeze its accounts

Daily Dispatch January 15, 2023

The Management of Polaris Bank Limited has cleared the air on media reports of an alleged court judgement ordering the Central Bank of Nigeria (CBN) to freeze its accounts. The Bank in a reaction on Saturday said the alleged court judgement emanating from an Ondo High Court as reported in some sections of the media not Daily […]

BUSINESS

NNPC discovers oil in Nasarawa

Daily Dispatch January 14, 2023

The Nigerian National Petroleum Company Limited on Friday announced the discovery of oil in Nasarawa State and said it was set to drill the first foot of an oil well in the Northern state. It said the discovery was in continuation of its oil exploration activities in the country’s inland basins, adding that it would […]

BUSINESS

Nigeria records highest oil production in December- Report

Daily Dispatch January 13, 2023

In December 2022, Nigeria recorded her highest oil production since April 2022, the latest Platts survey by S&P Global Commodity Insights has revealed. The country’s oil production has been faced with oil theft that has hampered exports and resulted in significant oil spills and loss of millions of naira. However, the survey released on Wednesday showed […]