Business
Skye Bank’s Liquidity Position has Stabilized, Says MD…Recovers N60billion from Debtors
[dropcap]S[/dropcap]kye Bank’s liquidity position and prime brokerage deposits have stabilized in recent weeks as it has successfully implemented cost management initiatives which has enhanced...
Nigeria’s investment Rate Still Below Par – PwC Report
[dropcap]N[/dropcap]igeria’s economic growth remain broadly unchanged in 2015 and 2016, significantly below the country’s long-term potential, shows the PwCs recent economic paper, Boosting...
Heritage Bank, Biase Plantations seal N232m pact on oil palm production
Heritage Bank Plc, Nigeria’s Most Innovative Banking Services Provider, is set to restore Nigeria lost glory in the agricultural sector and reposition the...
Exclusive: Etisalat Nigeria Gets New Name- 9Mobile
Etisalat Nigeria has just greatly accelerated the pace of its effort to stabilize the troubled telecoms company by changing the name brand. Per Second...
FirstBank MD/CEO, Former President Obasanjo Courtesy Visit to Sierra Leone President Ernest Bai Koroma
Dr. Adesola Adeduntan, MD/CEO, First Bank of Nigeria Limited (middle) with Chief Olusegun Obasanjo, former President of Nigeria (left) and President Ernest Bai...
Etisalat Pulls Out of Nigeria After Loan Talks Collapse
[dropcap]T[/dropcap]roubled Etisalat has terminated its management agreement with its Nigerian arm and given the business time to phase out the brand in Nigeria,...
Tony Elumelu’s Top 5 Tips For Managerial Success
Tony Elumelu acquired and turned Standard Trust Bank into a top-five player in the banking industry at age 34. In 2005 he led...
FOREX: CBN Announces Bids For Retail Auction
By Gift Olivia Samuel Abuja-The Central Bank of Nigeria (CBN) Wednesday announced bids for retail auction by authorized dealers in the inter-bank foreign...
Elumelu Urges DFIs to Support African Businesses
…Commends Afreximbank Chairman of Heirs Holdings and the Tony Elumelu Foundation, Mr Tony O Elumelu, challenged Development Finance Institutions, DFIs, over the weekend to...
BA Cabin Crew Launch 16 Day Strike Over Poverty Pay
British Airways cabin crew at the Heathrow airport have launched a 16 day strike over a long-running dispute over pay. Members of Unite in...
Nigeria’s First Diaspora Bond Starts Trading On London Stock Exchange
Per Second News—The London Stock Exchange Thursday welcomed Nigeria’s first Diaspora Bond to start trading on the Main Market. The first bond...
CBN Lifts Foreign Exchange Market with $195m
By Gift Olivia Samuel, Per Second News Abuja-The Central Bank of Nigeria (CBN), on Wednesday disclosed that it intervened in various segments of...
Wema Bank Hit by N5.2billion Oil Deal Scandal…Accused of Issuing N346m Dud Cheques
Per Second News—A band of crime fighters have blown the lid off a banking scam perpetrated by the management of WEMA Bank PLC....
Dangote launches new affordable pasta to substitute rice consumption in Nigeria
Shareholders at the weekend in Lagos applauded the Dangote Flour Mills return to profitability after posting a profit before tax of N11.82bn for its...
UBA Promotes Africa’s Renaissance, Celebrates Africa Day with Glitz & Glamour
In line with its commitment to promote the African culture and deepen its African footprints, Pan African financial institution, United Bank for Africa (UBA) Plc, on...
UBA Acts as Joint Lead Manager for Nigeria’s First International Diaspora Bond
The United Bank for Africa Plc has been selected to act as Joint Lead Manager for Nigeria’s historic first global offering of Diaspora Bond. The...
