Business
CIBN to Induct new chartered Bankers and Examine new realities Of Work in the profesional Space
As part of efforts toward ensuring enhanced career development in a fast paced, ever-changing world in the financial space, bankers and other financial experts across the globe will gather to device the rapid dynamism of work and the cutting edge strategies that will help financial service professionals to reposition themselves for global relevance.
This critical conversation is coming on the platform of the 2023 Graduates’ Induction and Prize Awards Ceremony of The Chartered Institute of Bankers of Nigeria. The Institute will be awarding Certificates to students who have successfully completed the Banking Professional Examinations of the Institute in the year 2022. The Induction Ceremony is scheduled to hold on Saturday, August 25, 2023, at 11.00 a.m. During the programme, 407 newly qualified Associates (Chartered Bankers), and 895 Microfinance Certified Bankers would be formally admitted into the Associateship (ACIB) and Microfinance Certified Bankers (MCIB) categories of the Institute. The high point of the event will be the presentation of Prize Awards to candidates who have distinguished themselves in the various categories of the Institute’s Examinations
The theme of the programme is “The Dynamics of Work and Current Realities: The way Forward for Financial Service Professionals.” This is expected to provide insights for Professionals in the Financial Services industry on the dynamics of work in the new reality.
The Special Guests of Honour at the event will be Mr. Lamido Yugudab,FCIB, Director General The Securities and Exchange Commission, Nigeria as well as Mr. Mustafa Chike-Obi, FCIB, Chairman, Bank Directors Association of Nigeria, Chairman, Fidelity Bank Plc; Former MD/CEO AMCON. Ken Opara, Ph.D, FCIB, President/Chairman of Council of CIBN will be the Chairman of the Occasion while Akin Morakinyo, HCIB, Registrar/CEO, CIBN is the host.
The ceremony will attract eminent members of the banking community, captains of industries, corporate organizations, the academia, Fellows, Honorary Senior Members, Associates as well as guests and friends of the Inductees.
Business
OPay launches new office in Jos
” Opening this office in Jos allows us to stay closer to the people we serve, better understand their needs, and continue to provide fast, secure, and reliable financial services that improve everyday life.”
OPay has officially launched its new office in Jos, Plateau State.
Speaking at the event, OPay’s Chief Operations and Technology Officer, Dotun Adekunle, said that the new Jos office reflects OPay’s continued commitment to putting customers first and advancing financial inclusion across Nigeria.
He said :” Our customers are at the center of everything we do.
Opening this office in Jos allows us to stay closer to the people we serve, better understand their needs, and continue to provide fast, secure, and reliable financial services that improve everyday life.”
Business
Governor Otti Commissions Ultimum Manufacturing Plant in Aba
Razzle beverages include Razzl Pamplemousse (a unique and special grapefruit flavour), Razzl Cola, Razzl Orange, and Razzl Lemon.
Ultimum Limited, the manufacturers of Razzl brand of carbonated soft drinks has commissioned its state-of-the-art beverage manufacturing plant in Aba, Abia State.
Razzle beverages include Razzl Pamplemousse (a unique and special grapefruit flavour), Razzl Cola, Razzl Orange, and Razzl Lemon.
Located in the Osisioma Industrial Layout, the new plant was commissioned by the Governor of Abia State, Dr. Alex Chioma Otti.
Otti described the investment as a clear signal of economic revival and growing investor confidence in Abia State.
“This investment confirms that we are creating the right conditions for businesses to grow, thrive, and succeed. Investors will always go where there is clarity, stability, and opportunity.
Our focus has been to build that environment, and today’s commissioning shows that the strategy is working,” he said.
The Chairman of Ultimum Limited and representative of the investor group, Mr. Whalen Kadji, emphasized the company’s long-term commitment to Aba and Nigeria.
“We did not come here by chance. We came because of the energy and entrepreneurial spirit of Aba. This city has always been a center of enterprise, and we believe strongly in its future.
This plant is more than an investment in beverages; it is an investment in people, in jobs, and in the growth of local industry. We are here for the long term, and this is just the beginning of what we intend to build here.”
The Managing Director of Ultimum Limited, Mr. Austin Ufomba, described the plant as a bold step in the company’s journey.
“Ultimum Limited started with a simple idea, to build world-class products right here in Africa,”he said.
Business
Oil price jumps to $106, stocks drop on uncertainty over US-Iran talks
Crude prices rallied more than three percent on Thursday, with Brent crude above $106 per barrel and WTI around $93.
Oil prices jumped and equities slid Thursday as hopes for a peace deal between the US and Iran wavered after Tehran rejected Washington’s bid to wind down the nearly four-week war.
Markets had been buoyed this week by US President Donald Trump’s announcement that strikes targeting Iran’s energy infrastructure would be postponed, adding that the two sides were in peace talks.
But uncertainty over the talks and the virtual closure of the Strait of Hormuz — through which around 20 percent of oil and liquefied natural gas passes — have cast a shadow over market sentiment.
“The market rollercoaster continues,” said Joshua Mahony, chief market analyst at Scope Markets.
Crude prices rallied more than three percent on Thursday, with Brent crude above $106 per barrel and WTI around $93.
( VANGUARD)
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