Business

Justice Chukwujekwu Aneke presiding over a Federal high court in Lagos south west Nigeria,has restrained an Oil exploration and production company in Nigeria, Oriental Energy Resources Limited, and 13 banks listed before the court, wether by themselves Directors, Officers, or Agents, from withdrawing, transferring, removing any funds, properties or assets, outside the jurisdiction of Nigeria or encumbering any funds belonging to or held to the account of the Company with the banks except for payments of normal salaries.

Zenith Bank Plc has been ranked as the Number One Bank in Nigeria by Tier-1 Capital in the 2022 Top 1000 World Banks Ranking published by The Banker Magazine. For the thirteenth consecutive year, the Bank retained its position as the number one Tier-1 bank in Nigeria with a Tier-1 Capital of $2.75 billion, emerging as the 460th Bank globally.

Dangote Industries Limited (“DIL” or the “Group”), one of the leading, diversified and fully integrated conglomerate in Nigeria and Africa, is pleased to announce the successful completion of its ₦187.6bn Series 1 Bond Issuance (the “Transaction”), which is the largest corporate bond ever issued in the history of the Nigerian capital market.

As part of its sustainability drive in the corporate social responsibility space, Heritage Bank Plc has reiterated its commitment to improving the welfare and economic development of communities by feeding over 500 underprivileged children.