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Category: Bizness News


Heritage Bank Unveils Transparent Mastercard

    Heritage Bank Nigeria Plc has launched a uniquely designedtransparent Mastercard as a way of entrenching its innovative banking service delivery across different...


Revealed: Owners of 20 Richest Oil Blocs in Nigeria… No Niger Delta Indigene on list

  This is total injustice to a people! or how can you best describe a situation where 20 owners of richest oil blocks in Nigeria are all Hausas from the north and...


To Sell West African Subsidiary For $650m

UAE-based telecom giant, Etisalat has agreed to sell its West African subsidiary, Atlantique Telecoms, to its Moroccan affiliate, Maroc Telecoms for $650 million,...


Access Bank Gets The Nod To Raise Up To $1bn

Access Bank, Nigeria’s fourth largest bank, has been given the green light by shareholders to raise $1 billion in capital, which will be poured into a diverse...


NCAA To Sanction Arik Air Over Multiple Flight Delays

Owing to the growing flight delays and cancellations without any compensation by the management of Arik Air, the Nigerian Civil Aviation Authority, (NCAA) has summoned...


Skye Bank In Another Fraud Mess … Details Of How Staff Betrayed Customer

Misappropriation by bankers these days has rendered banks an unsafe haven for those who desire to keep money out of home.


Shareholders Laud UBA Performance in 2013, Approve Dividend Payout

Shareholders of the United Bank for Africa (UBA) Plc Friday unanimously endorsed the bank’s annual report and accounts for the year ended 31 December, 2013 just as...


Profit Taking: Market Capitalisation Sheds N131bn

The four weeks winning streak on the Nigerian Stock Exchange (NSE) came to a halt last week as investors embarked on profit taking.