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The National Assembly has increased the 2018 appropriation to N9.120 trillion from the N8.612 trillion presented by President Muhammadu Buhari.

This is contained in the report of the National Assembly joint Committees on Appropriation just presented to members.

According to the document laid at the House on Tuesday, N530,421,368,624 was proposed for statutory transfer; N2,869,600,351,825 for development fund for capital expenditure; N3,516,477,902,077 for recurrent (non debt) expenditure; while N2,203,835,365,699 is for debt service; and N199bn as sinking fund for maturing loan.

BUSINESS

Introducing Zenith Bank Naira Giveaway [Details Attached]

Gbemileke Ajayi

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Zenith Bank Plc is offering its esteemed customers a chance to win cashback up to N2000 when you use your Zenith Bank Naira Mastercard to perform a minimum of 5 transactions in this month of January.

To be eligible to win, you must meet the following criteria:  You must have an active Zenith Bank account and if you do not, simply dial *966#.
CLICK ON THE BANNER BELOW
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BIG STORY

Zenith Bank Flags Off Z-Woman Business Package, Offers N10m Loan At Single-Digit Interest Rate [DETAILS]

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Zenith Bank Plc has introduced a new package for women called the Z-Woman Business Package.

The Z-Woman Business Package is designed to address the unique needs of women-owned businesses.

The package includes:

Loans of up t0 N10m at a single-digit interest rate

Free digital skills training

Free exhibition stands at Zenith Bank events.

To register, please visit www.zenithbank.com/zwoman

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BUSINESS

Access Bank, Wigwe Honoured At THISDAY Silver Jubilee Celebration

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Access Bank and its Group Managing Director, Herbert Wigwe, were honoured as the ‘Bank of the Decade’ and ‘Banker of the Decade’ respectively by THISDAY Newspaper at its 25th-anniversary celebration held at the Eko Convention Centre, Lagos.

The silver jubilee celebration was witnessed by dignitaries including former Commonwealth Secretary-General, Emeka Anyaoku; Afenifere chieftain, Ayo Adebanjo; founder of Dangote Group, Aliko Dangote; Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari; and former Governor of Anambra State, Peter Obi.

Receiving the awards, Wigwe attributed his success to the collective effort of all employees of the Bank and customers, saying, “It is such an honour to be recognized by such a prestigious platform, renowned for its work in unbiased and qualitative reportage. This award is dedicated to all members of staff who have worked tirelessly to ensure the growth and success of the Bank and all its subsidiaries. Furthermore, we thank all 32 million of our customers who trust us as we continue our journey to being Africa’s gateway to the world”.

Over the past decade, Herbert Wigwe has overseen the growth of Access Bank, from a relatively small bank into Africa’s largest retail bank. Wigwe has closed a series of strategic high-profile mergers while pushing and driving participation in community-focused initiatives that have endeared the bank to its customers. Since the completion of its merger with Diamond Bank, Access Bank’s customer base has grown from about 13 million to 32 million.

With subsidiaries and rep offices in 13 countries – Ghana, United Kingdom, UAE, China, Lebanon, India, Sierra Leone, Gambia, Rwanda, Zambia, Congo, Cameroon and most recently Kenya – Access Bank continues to defy critics, strengthening its place as a powerhouse in the Nigerian and indeed African banking industry.

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