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Category: Bizness News

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Zenith bags ‘Bank of the Year 2013’ award

The Banker Magazine, a publication of Financial Times of London, has named Zenith Bank, the ‘Bank of the Year Nigeria 2013” at an award ceremony held at the...

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Why Nigerian Banks Will Keep Losing Money to e-Fraud

The recent loss of money recorded by the Central Bank of Nigeria (CBN) has not only given researchers a case study but has shown that the acclaimed tools and techniques...

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FirstBank to empower entrepreneurs at SME conference

In a bid to deepen its commitment to foster the growth and development of small and medium-scale enterprises (SMEs) in the country, FirstBank Nigeria Limited, the...

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Meet The 28 Years Old Lady On The Board Of Unity Bank Plc

Unity Bank Plc is a commercial bank in Nigeria with total assets of about N440billion. Unity Bank has a unique history of being the first and only Nigerian Bank to have...

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CBN moves to block information leakage

Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, is getting increasingly uncomfortable with the constant leakage of decisions taken at the...

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FirstBank Buys ICB’s West Africa Operations

FirstBank Ltd, a subsidiary of FBN Holdings Plc has announced the completion of its acquisition of a 100% equity interest in International Commercial Bank (ICB) Ghana,...

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Another Crisis Rocks The Ibru’s Business Empire…AMCON Set To Take Over Nigerian Aero Contractors Airline

Nigeria’s debt management firm, AMCON is set to assume control of indigenous airline, Aero Contractors, following its inability to repay enormous debts owed to the...

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Revealed: Banks expend N390bn on ATMs acquisition

In its bid to ease the payment system, the nation’s banks have so far invested a whopping N390 billion in the acquisition of Automated Teller Machines (ATMs) deployed...

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Over 60 companies bid for 10 new power plants – Nebo

No fewer than 66 bidders on Monday submitted their applications to buy 10 new power plants in Nigeria.The plants are Alaoji, Benin, Calabar, Egbema, Gbarian, Geregu,...