Fidelity Bank pledges continued support to customers
The Executive Director, Corporate Bank, Fidelity Bank Plc, Obaro Odeghe (5th left) receives an award on behalf of the bank from the President, Lagos Chamber of Commerce & Industry (LCCI), Babatunde Ruwase during the bank’s Special Day on Wednesday at the 2019 Lagosrnational Trade Fair while beneficiaries of Fidelity... Read more
UBA Unveils Self-Printing Debit Card Machine at Lagos Trade Fair
 l-r: Deputy Governor of Lagos State, Obafemi Hamzat; Chief Executive Officer, UBA Africa, Victor Osadolor Minister of State for Industry, Trade and Investment, Hajia Mariam Katagum; President, Lagos Chamber of Commerce & Industry and Babatunde Paul Ruwase during the opening ceremony of the 2019 Lagos International Trade Fair which... Read more
Fidelity Bank’s 9 Months Profits Hit N23bn, On Course to deliver its 2019 Financial Targets
BY OUR REPORTER Fidelity Bank Plc has posted an impressive financial performance for the 3rd Quarter of 2019 and is on course to finishing strong in the 2019 Financial Year (FY). Details of the 9-months results for the period ended September 30, 2019, released on Tuesday at the Nigerian... Read more
CBN approves N19bn to fund nine cotton processing plants
CBN Governor, Godwin Emefiele,       By Our Reporter The Central Bank of Nigeria (CBN) has approved about N19.2 billion to fund the establishment of nine ginneries across the country, the Central Bank of Nigeria Governor, Godwin Emefiele, disclosed on Tuesday. The CBN governor said this at the... Read more
Bank CEOs Applaud NCC’s Decision to Suspend USSD charges by Telecom companies for accessing Bank services
  NCC boss, Prof. Umar Garba Danbatta     By Our Reporter The Body of Bank CEOs applauds the recent notice from the National Communications Commission (NCC) announcing the immediate suspension of end-user billing for Unstructured Supplementary Service Data (USSD) services. We would like to thank the Federal Government... Read more
UBA grows profit to N82bn in 9 months
UBA GMD, Kennedy Uzoka     By Our Reporter United Bank for Africa Plc (UBA) has recorded a 32.30 per cent growth in profit after tax to N82.628 billion for the nine months ended September 30, 2019 as against N61.698 billion in 2018. The group in a filing with... Read more
Polaris Bank reacts to alleged customers’ thrift savings theft story says: No Thrift society  account nor Fraud Case*
In a bid to get Polaris Bank’s side of the story, National WAVES sent an SMS through one of its reporters three days ago to Rasheed Bolarinwa of the Corporate Communication department of the bank. His response came in few minutes after the story was published and is reproduced... Read more
Shell Remits N720b To NDDC in 16 Years
<a href=”http://www.nationalwaves-ng.com/wp-content/uploads/2019/10/Shell-Logo.jpg”>Shell Petroleum Development Company of Nigeria (SPDC) and partners have remitted about $2 billion ( N720 billion) to the Niger Delta Development Commission (NDDC) in 16 years. This was disclosed on Tuesday at the final of 2019 SPDC-JV Environment Awareness Quiz Competition for Land Hub Community Secondary Schools... Read more
Transparency : NNPC’s watchword as Sylva inaugurates “Operation White”
In a bid to guarantee energy security in the nation’s oil sector, the Federal Government has inaugurated “Operation White”. Comprising a team of 89 persons drawn from five key agencies, it is also to ensure transparency and accountability in the distribution of petroleum products across the country. Speaking at... Read more
NNPC discovers large quantity of  oil in Northern Nigeria
The Nigerian National Petroleum Corporation has  discovered  hydrocarbon deposits in the Kolmani River II Well on the Upper Benue Trough, Gongola Basin, in the North-Eastern part of the country. A statement by the Corporation’s Acting Group General Manager, Group Public Affairs Division, Samson Makoji, stated that NNPC acquired 435.54km2... Read more
Close