Category: Bizness News
CBN Revokes Operating Licence of Express Discount Limited
Central Bank of Nigeria (CBN) on Friday announced that it had revoked the operating licence of Express Discount Limited (EDL), with effect from 18th July, 2013 as...
UBA Positions Card Products for Summer Travellers
United Bank for Africa(UBA) Plc is making summer travel as hassle-free as possible for its Customers with its rich bouquet of Card products by ensuring that Customers...
Again: FAAN, Bi-Courtney At War Over Billboards
The lingering crisis between Bi-Courtney Aviation Services Limited and the Federal Airports Authority of Nigeria worsened on Thursday with aviation authorities pulling...
UBA, Other Banks Syndicate $3billion Medium Term Facilities for MTN
United Bank for Africa (UBA Plc), One of Africa’s leading financial institutions, along with a consortium of local and international banks, Tuesday signed a $3 billion...
Dangote Cement’s New Capacity Increase Sales To 10.4m Tonnes In 2012
The Dangote cement’s massive investment in new capacity has paid off as it recorded upsurge in sales of its locally produced cement to the tune of 10.4 million tonnes...
MasterCard Targets More Customers in Africa
MasterCard Incorporated has disclosed plans to capture a larger share of the electronic payment processing market in Nigeria and other African countries. Chief Executive...
Citigroup May Exit Consumer Banking in More Countries
Citigroup Inc is looking to pull out of consumer banking in more countries in an effort to lower costs and boost profits, according to two people familiar with the...
Stallion Motors Repositions Hyundai With 2013 Models
STALLION MOTORS RAISES THE STAKES BY PUSHING THE NEW BRAND DIRECTION FOR HYUNDAI WITH THE INTRODUCTION OFTHE 2013 HYUNDAI MODELS INTO THE NIGERIAN MARKET, WRITES OLAOLU...
Over 30% of Dangote’s business empire in bad shape- report
Despite been ranked as one of the richest men in African by Forbes, most of Dangote’s investments scattered in several sectors of the Nigerian economy are struggling...
