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Banking/Investments

Etisalat’s destiny to be decided in six months as new appointees take charge

Nnanna Etisalat

Though the safety of subscribers is now guaranteed, issues surrounding who will own Etisalat Nigeria is expected to be figured out within the next six months of the transition managers ...

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What I want to see is Africans investing in Africa—-Elumelu

Tony Elumelu

The Chairman of Heirs Holdings, and the Tony Elumelu Foundation (TEF), Tony Elumelu, has begun a new continental campaign designed to drive massive in-continent investments by citizens of the African ...

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Why Nnanna, Ex-CBN Dep. Gov. was appointed to lead turnaround of Etisalat Nigeria

Nnanna Etisalat

More details have emerged on the choice the former deputy governor, Financial System Stability of Central Bank of Nigeria (CBN), Dr. Joseph Nnanna, as the new chairman of Etisalat Nigeria. ...

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Why Ashaka Cement exited Nigerian Stock Exchange

Ashaka Cem

More facts have emerged, giving explanations to why Ashaka Cement Plc voluntarily delisted from the Nigerian Stock Exchange (NSE). The company announced its voluntary withdrawal in a statement posted on ...

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Why Citibank granted N500m loan for microfinance development in Nigeria

Citibank N

In other to support the development of approximately five thousand micro and small enterprises in the country, Citibank Nigeria has extended a loan of N500 million to Accion Microfinance Bank ...

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Zenith Bank leads other 5 banks to make 1000 Global Banks bracket

Zenith bank HQ

The Banker Magazine’s Top 25 Banks in Africa for 2017 Global banks’ ranking made public on Tuesday saw Zenith Bank leading FirstBank Nigeria Limited, Guaranty Trust Bank Plc, Access Bank ...

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Paucity of fund hits FG as it can’t pay IOCs $1bn in JV cash call since April

nnpc

Just as the Federal Government is yet to release the celebrated N350bn, it has not still offset a total of $1.07bn in cash call required for the development of joint ...

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African banks embracing disruptive technologies a lot quicker—Agbaje, GTB Boss

GTBank-MD-Segun-Agbaje

Managing Director and CEO of Guaranty Trust Bank (GTBank), Mr. Segun Agbaje has revealed the African banking sector is very much ahead in terms of mobile banking because they are ...

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Fatal swallow: Nigerian who injested 79,000 euros in condoms charged in France

France Flag 33

A Nigerian man (name with held) has been arrested in eastern France after being found with condoms stuffed with 79,000 euros ($90,000) hidden in his stomach, customs officials said Monday. ...

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Belo-Osagie’s resignation opens new Etisalat’s debt liabilities to contractors

Barely few hours after the resignation of the Chairman of Etisalat, Mr. Hakeem Belo-Osagie, another round of debt profile owed contractors has raised its head in the telecoms company. Otherwise, ...

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