Archives for August, 2017
Fidelity Retains strong Earnings, Posts N85.8 billion in H1
By NGOZI Onyeakusi Fidelity Bank, MD/CEO, Nnamdi Okonkwo Fidelity Bank Plc, one of the foremost financial institution in the country has recorded an impressive performance for the half year (H1)…
N30trn Revenue Scam: Senate Vows To Continue Investigation
By NGOZI Onyeakusi ---- Uzodimma The Senate Committee on Customs, Excise, Tariff and Marine Transport said it is resting on its oars on its ongoing investigation into alleged N30…
Electricity: Obsolete Equipment Challenge To Power Distribution
Fashola The Minister of Power, Works and Housing, Mr. Babatunde Fashola, on Wednesday laid blame on obsolete equipments as the reason distribution companies (Discos) rejected over 9,000 megawatts…
EFCC Recovers N434 bn In eight months
By Njideka  Ude-Arinze --- The acting Chairman Economic and Financial Crimes Commission (EFCC) Ibrahim Magu yesterday disclosed that the commission recovered over in the 8 months of this year. Briefing…
Heritage Bank, NatnudO partner on food security in Nigeria
By Precious Chimezie ---- (L-R): Mr Ebenezer Boluwade, of Agric and Export Finance department, Sterling Bank Plc; Mr. AdewoleGbolade, Coordinator, NatnuPreneur; and AdelanaOgunjirin, of Agric Finance Unit, Heritage Bank Plc;…
FirstBank Drives Humanitarian Support for Sierra Leone Mudslide Victims
By NGOZI Onyeakus---- First Bank of Nigeria Limited and its subsidiaries as part of its commitment to drive the sustainable development of the communities in which it does business, has…
Law Union & Rock Eyes Retail Option, ICT Towards N1bn Revenue Target
By NGOZI Onyeakusi The Managing Director, Law Union & Rock (middle) with his management during the company's CEOs Forum  in Lagos Law Union $ Rock Insurance Plc. said it…
Stanbic IBTC grows PAT by 113 per cent to N24.1 bn
By NGOZI Onyeakusi Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has made nice outing for the 2017 half year, as its profit after tax grew to…
CBN: Catalyst for Agriculture Promotion — Information Minister
By Njideka Ude-Arinze Following  the success recorded in agriculture production through the Central Bank of Nigeria (CBN) various intervention programmes, the Minister of Information and Culture, Alhaji Lai Mohammed, has…
Access Bank Redeems $350 million Eurobond
By Precious Chimezie MD, Access Bank, Herbert Wigwe Access Bank Plc has announced the final redemption of the $350,000, Eurobond Notes due July 25, 2017. The Securities were issued…