Business

Business mogul, Jimoh Ibrahim, has cautioned the Federal Government to put adequate measures in place to cushion the effects of world economic recession expected before December this year. Ibrahim revealed that balance sheet of the leading economy in the world, America,  “is having a deficit of about a trillion dollars in import while China is coming to Africa with money …

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Tayo Olanipekun Sterling Bank has gone into partnership with a cloud-based business software provider, Freshworks Inc.,for the upgrading of its current IT service desk. This is in a bid by the Bank to remaining a technology pioneer in Nigeria with a “modern, robust, cloud-based platform” to empower its employees and also enhance the business efficiency of its technology teams,according to …

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Between 1975 and 1998, a period of 23 years, the federal government spent N13 trillion to set up 590 public enterprises that hardly returned any reasonable profits or service gratification to it or Nigerians, the Bureau of Public Enterprises (BPE) has disclosed. According to the BPE, these publicly-owned enterprises also employed a paltry 420,000 Nigerians out of the country’s population …

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The Group Managing Director (GMD) of Polaris Bank, Mr. Adetokunbo Abiru, yesterday stated the efforts of the new management team to stabilise the defunct Skye Bank and reassured all stakeholders of the bank that it would have no problem meeting its obligations to all corresponding banks, depositors, customers and other financial institutions. The CBN revoked the operating licence of Skye …

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By Sokoya Folake Presidential aspirant of the Peoples Democratic Party (PDP) and former Vice President of Nigeria, Alhaji Atiku Abubakar has described the ruling All Progressives Congress (APC) as a huge mistake Nigerians made in 2015. Abubakar, who spoke during a consultative visit to Lafia, Nasarawa State capital, yesterday, said: “The greatest mistake Nigerians have made so far was electing …

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– – – Upgrading Of Kou Traditional Stool From Amos Odeh The restoration government of Governor Seriake Dickson has been given a path on the back, for the landmark and legacy projects in infrastructure, Health, Road constructions, and human capital development, education, International Cargo Airport etc. Leaders of the group under the aegis of Kou political brotherhood, Ekemesouwde Tarilade Peters …

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Heritage Bank Plc, ­­­­­­­­Nigeria’s Most Innovative Banking Service provider, has been adjudged “Best SME Bank Nigeria 2018” by Capital Finance International (CFI.co) and “Agriculture Bank of the Year 2018” by the Nigeria Agriculture Awards (MAA). Also, the bank was awarded the Best CIBN Chapter of the Year 2018. The best chapter in terms of members mobilisation and participation as well …

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A Lagos businessman Mr Patrick Illo has renewed his request of transfering his case pending before a Lagos Federal high court judge Rilwan Aikawa to another judge by a petition sent to the Chairman,National Judicial council NJC. Mr Illo’s lawyer Barrister Gboyega Oyewole SAN had earlier filed an application before the court accompanied by  affidavit sworn to by Mr Illo …

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Photo Caption: From Left; President, Association of Issuing House of Nigeria, Mr Sonnie Ayere, Acting Director General,  Securities and Exchange Commission, Ms Mary Uduk, 1st Vice President, AIHN  Mr Chuka Eseka and Director of Finance AIHN Mrs Oyinda Akinyemi during a Meeting between SEC and AIHN in Abuja, weekend

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The Nigeria Deposit Insurance Corporation has said that employees of the defunct Skye Bank Plc would be offered new contract terms under the management of Polaris Bank. The Corporation said this in a statement made available to our correspondent on Saturday and signed by the Head Communications and Public Affairs, Mohammed Kudu. The Central Bank had on Friday revoked the …

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