Foremost African financial institution; Guaranty Trust Bank plc has once again reaffirmed its position as a leading global brand following its recent recognition for good corporate governance during the 2015 African Business Awards held on the sidelines of the UN General Assembly in New York. Launched in 2008 by African Business magazine, the African Business…
Group Managing Director and CEO, UBA Plc, Mr Phillips Oduoza has emerged the 2015 Ai Socially Responsible Investment (SRI) 30 CEO of the year at this year’s 8th annual Ai CEO Investment Summit. This is the second time he is winning the award after winning it first in 2013. He was named the winner from…
Chairman of Yudala, an online and offline retail chain, Sam Ojo, has said his company is expected to create thousands of jobs for Nigerian youths and also make many of them millionaires. Ojo, in an online chat with newsmen from his base in the US, said Yudala is an organisation that is poised to take…
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…