UBA PLC said it is planning to raise fresh funds from the capital; market through private placement and a rights issue in order to hold enough...
The naira weakened against the U.S dollar at both the inter-bank and CBN auction yesterday as demand for the dollar outstripped supply at both markets. The...
Shell Petroleum Development Company yesterday said it had awarded a N7.8 billion contract to S.C.C Limited, a Nigerian firm for the manufacture of line pipes, in...
Guaranty Trust Assurance Plc (GTAssur) unadited 9-month results for the period ended September 30, 2011. The insurer recorded a 38.5 per cent year-on-year (y-o-y) growth in...
Amcon today appointed Non-Executive Directors for the three nationalised banks Keystone Bank Chairman – Moyo Ajekigbe, Prince Niyi Akenzua, Adolphus Ekpe, Charles Chidebe Umolu, Yakubu Shehu,...
By Omoh Gabriel Introduction and background of management My NAME is Faith Tuedor-Matthews, I am the Group Managing Director/CEO, Mainstreet Bank, I have almost 26 years...
The key driver in President Goodluck Jonathan’s transformation agenda is massive investment. This is why the ministries of Commerce and Industry were merged to form ministry...
Ecobank Nigeria Pls on Monday formally took over the operations and management of Oceanic bank International Plc sequel to its injection of over N41 billion into...
Central Bank of Nigeria CBN said weekend that it will sell dollars both directly into the market and at auctions, while it lifted the amount of...
By Omoh Gabriel Last week, the Group Managing Director of Access Bank, Mr. Aigboje Aig-Imokhuede had an interactive session with journalists in Lagos. He explained the...
When the Nigerian Bankers Committee muted the idea of a cashless economy, many thought it would be the global practice of financial inclusion which attempts to...
By Omoh Gabriel Access Bank PLC has appointed a new Managing Director for Intercontinental Bank after it took effective control of the bank on Friday. The...
Only about five million Nigerians have invested in the capital market, Ms Arunma Oteh, Director General of Securities and Exchange Commission (SEC), has said. Oteh disclosed...
Alhaji Abdullahi Dikko, the Comptroller-General, Nigerian Customs Service (NCS) said on Monday in Abuja that the service was reviewing the Customs and Excise Management Act (CEMA)...
Nigeria’s new car imports jumped 40 per cent in the first nine months of 2011 compared to the same period last year, although sales were expected...