Business

CIBN to Induct new chartered Bankers and Examine new realities Of Work in the profesional Space

Published

3 years ago

August 19, 2023

433 Views

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

Naira Exchange Rates Thursday, 5 Nov 2026

Published

12 hours ago

November 5, 2026

OCHEFA

67 Views

BLACK/ PARALLEL MARKET RATES

₦1400DOLLAR (USD)

₦1830POUND (GBP)

₦1515 EURO (EUR)

₦950 CANADIAN DOLLAR (CAD)

₦70 SOUTH AFRICAN RAND (ZAR)

₦350 UAE DIRHAM (AED

₦190 Chinese YUAN (CNY)

₦100 Ghanaian CEDI (GHS)

West African CFA ₦2240 (XOF)

Central African CFA ₦2180 (XAF)

₦820 Australian Dollar AUSSIE (AUD)

Business

NNPCL wants to sell 10% equity via IPO on NGX, LSE

NNPC is expected to spend at least the whole of 2027 preparing for the proposed offering, with the listing primarily intended to strengthen corporate transparency and governance in line with Nigerian law.

Published

2 days ago

November 4, 2026

OCHEFA

118 Views

The Nigerian National Petroleum Company Limited (NNPC Ltd.) is considering selling between 5% and 10% of its equity through a potential initial public offering (IPO), with the proposed listing expected to focus primarily on Nigeria’s domestic capital market.

The Group Chief Executive Officer of NNPC Ltd., Bashir Bayo Ojulari, disclosed this in an interview with Reuters on Tuesday, November 3, 2026, adding that the company could also pursue a secondary listing in London or New York.

The disclosure comes shortly after the Dangote Petroleum Refinery’s IPO closed on October 27, following a two-week extension of its subscription period from the initial October 13 deadline.

Ojulari indicated that raising additional capital would be a secondary consideration rather than the main reason for going public.

The company is also considering listing some of its subsidiaries separately, following a model adopted by Abu Dhabi National Oil Company (ADNOC), the United Arab Emirates’ state-owned oil company.

Beyond the potential IPO, Ojulari disclosed that Chinese companies have expressed interest in acquiring equity stakes in some of NNPC’s smaller refineries, particularly the Port Harcourt and Warri facilities, which require substantial rehabilitation.