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Category: Top Stories

Police Deny Shooting Senator Abe

The Rivers Police Command on Sunday denied allegations that its personnel shot and wounded a member of the National Assembly, Sen. Magnus Abe.Its spokesman, Ahmad...

E. K. CLARK WRITES OBASANJO

My Dear Chief Olusegun Obasanjo, LET THE TRUTH BE TOLD BEFORE IT IS TOO LATEThis indeed is a season of open letters, the session of which you heralded with a...

NSE All-Share Index up by 0.05 percent

The volume of shares traded on the Nigerian Stock Exchange (NSE) dropped by 13.46 per cent on Wednesday as 361.312 million shares worth N3.839 billion were traded in...

SEC Issues Minimum Capital Base For Market Operators

The board of the Securities and Exchange Commission (SEC) has approved a new minimum capital requirements for all categories of capital market operators.The regulatory...

AMCON redeems N1.7tn bond December 30

The Asset Management Corporation of Nigeria (AMCON) has confirmed that it would repay its N1.699 trillion zero coupon Series 1 Bond on December 30, 2013.In a...

Kenya’s Fina Bank Renamed Guaranty Trust Bank

Kenya’s Fina Bank has been renamed Guaranty Trust Bank (GTB), following a 70 percent acquisition by the Nigeria-based lender, governor of Central Bank of Kenya (CBK),...

Multiple Fraud Scandal Rocks Stanbic IBTC…Details of insider stealing, forgery, diversion of funds

MANY Nigerians are getting apprehensive at the rate bankers who ordinarily are supposed to be custodians of customer’s funds have turned into pilferers engaging in...

Why Only 400,000 Nigerians have mobile money accounts — Survey

A new survey has revealed that only 400,000 people are registered with mobile money operators in Nigeria out of 28.6 million adults operating bank accounts in the...

Ecobank may seek licences in Portuguese-speaking African nations

Ecobank Transnational Inc. (ETI), the most geographically diverse lender in Africa, said it will probably seek banking licences in two more Portuguese-speaking countries...

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