A reputable Nigerian journalist, Ayodele Aminu, had a close shave with death on Sunday evening in a road mishap on the Lagos-Epe Expressway. Aminu, who is the deputy editor, Business, New Telegraph newspapers, was said to have been returning from a function when a commercial driver allegedly skidded off his lane and rammed into the…
The Central Bank of Nigeria, CBN, will wait until November to hike interest rates in Africa’s biggest economy, but analysts say it needs to ease the cash reserve ratio on commercial banks first to free up liquidity and kick-start money market trading as soon as possible. A poll on Friday showed 17 of 20 analysts…
There is great anticipation in Nigeria ahead of the introduction of the newly launched Apple Ipad and Iphone 6 into the Nigerian market. Already, the launch of the newest Apple products have caused abuzz in the global market. Apple is known for class and Nigerians, who are very classy, are getting ready for the launch…
**Declares 20 Kobo Interim Dividend Pan-African financial services group, United Bank for Africa Plc, has announced its audited 2015 half year financial results. The results showed strong growth in earnings and profits, as the Bank continued to benefit from its determination to provide value to its large customer base in Nigeria, its increasingly important pan…
A new Executive Director has been appointed by the Board of Directors of Guaranty Trust Bank Plc. The new appointee is Haruna Musa. His appointment follows a thorough selection process by the Human Resources & Nominations Committee of the Board of the Bank as stipulated by the GTBank’s corporate governance standards and regulatory provisions. Musa…
One of Nigeria’s leading banks, Fidelity Bank Plc, has been adjudged as the best bank to work for in Nigeria. A recent study conducted by Venture Africa, an online platform for news and analysis about African businesses, in conjunction with Jobberman.com, Nigeria’s leading employment website, noted that Fidelity Bank Plc is the only bank among…
FBN Capital Limited has announced the successful conclusion of the Series 1 Bond Issuance offer for the Cross River State Government, under its N40 billion bond issuance program. The 7-year tenured Bonds with maturity due in 2022 were issued via a Book Building process by FBN Capital Limited, following its appointment as the Lead Issuing…
The on-going Peak ‘Reach for Millions’ promo has already produced the first two winners and incidentally, they both came from FCT Abuja. The first lucky winner, Ms Anthony Comfort, 30, who works as a hairdresser, won the promo aimed at rewarding consumers for their 60 years of loyalty towards Peak milk. Minchi Dandoka, 39, the…
t One of the leading banks in Africa, Guaranty Trust Bank, GTBank, has released its audited financial results for the half year ended June 30, 2015 to the Nigerian and London Stock Exchanges. The audited report shows an encouraging growth across all key financial metrics and improved strategic positioning of the brand. According to the…
Foremost African financial institution; Guaranty Trust Bank Plc has been awarded a triple International Organization for Standardization certification: ISO/IEC 27001- for Information Security, ISO 20000 – for IT Service Management and ISO 22301 – for Business Continuity Management along with PAS 99:2012 Integrated Management System certification by the British Standard Institute (BSI). The British Standard…