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Banking/Investments

Another $40M Found In Patience Jonathan’s Skye Bank Accounts

Mrs. Jonathan

In keeping with corporate governance and disclosure standards, officials of Skye Bank Plc have informed the Economic and Financial Crimes Commission (EFCC) of newly discovered accounts owned by Mrs. Patience ...

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IMF says global economic recovery ‘weak, precarious’

The global economic recovery remains “weak and precarious”, the International Monetary Fund has warned. In its latest World Economic Outlook, the IMF predicts “subpar” growth this year of 3.1%, rising ...

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FCMB To Visit Customers As It begins 2016 Customer Week

Leading indigenous commercial bank, First City Monument Bank (FCMB) Limited has off exciting and rewarding initiatives to further enhance customer experience during this year’s international customer service week. The programme ...

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FG releases N2.95tn out of ear marked N6.06tn in six months—CBN

Figures from the Central Bank of Nigeria (CBN) Monday, have suggested that out of the N6.06tn approved for the 2016 budget, about N2.95tn has so far been released by the ...

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114 Roads’ll Create Wealth, Boost Interconnectivity In Lagos—Johnson

As the Lagos State Governor, Mr. Akinwunmi Ambode continues to commission and hand over delivered roads to communities, the State Commissioner for Works and Infrastructure, Engineer Ganiyu Johnson has said ...

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Banks Hijacking Nigerian Ships Over N5b Non-performing Loans

Emefiele CBN

Commercial banks in Nigeria out of endless rescheduling of loan repayments by local ship owners may have started impounding vessels of defiant debtors. Recent reports put the value of the ...

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How Zenith Bank Remained @ Zenith Even In Recession

The recent release of Zenith Bank’s 2016 half-year result has continued to elicit commendations as analysts are upbeat that the bank has surpassed predictions and the serial meltdown currently challenging ...

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Elumelu Wins Africa Investor ‘Person of the Year’ Award In New York

The Chairman of Heirs Holdings, Mr. Tony Elumelu has been honoured with the ‘Person of the Year’ award at the Africa Investor Chief Executive Officer (CEO) Institutional Investment Summit hosted ...

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AfDB Explains Terms On $4.1bn Loan Deals To Nigeria

afdb

AfDB has announced plans to give Nigeria the total of $4.1bn loan to boost investments and job creation in Small and Medium Enterprises (SMEs). Explaining more on the deal recently ...

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Invest in Technology, Adopt Collaboration, CWG Boss Tells Stock Marketers

okere-cwg-boss

The Founder of CWG Plc, Mr. Austin Okere, has urged key players in the Nigerian Stock Market to prioritize investment in technology innovation as well as engage in cross-sector collaboration ...

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