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Business

November, 2013

  • 28 November

    Much Ado About Creditor’s Drama At Skyebank Headquaters

    The talk is in town about a mild drama at Skyebank on Wednesday 27th Nov, but younewsng.com investigation was revealed that it is overblown beyond proportion and that the management5 is already looking into the issue. On Wednesday, November 20, 2013, at about 12 noon, an elderly Chief (name withheld), stormed Skye Bank’s Corporate Affairs, Headquarters extension located at 3, ...

  • 20 November

    Depositors Wary Of Union Bank’s Reliability As Staffers Steal Billions Of Naira

    unionbank-logo

    An Ikeja High Court on Tuesday remanded a staff of Union Bank Plc, Danasabe Ibrahim, and three others in prison, for allegedly defrauding the bank of N2.05 billion. The 47-year-old banker was arraigned alongside Salihu Mahmoud, 34; Friday Isaiah, 33; and Samuel Azaaior, 30, by the Economic and Financial Crimes Commission (EFCC). Justice Lateef Lawal-Akapo, ordered that the accused persons be remanded in Kirikiri Prison after ...

  • 20 November

    Board Crisis In Ecobank Over Assets

    Oba-Otudeko

    One of the most senior figures at First Bank, Nigeria’s oldest and largest bank, has been dragged into the boardroom drama unfolding atpan-African lender Ecobank Transnational (ETI), which is under investigation following alleged mismanagement. Oba Otudeko, chairman of the holding company of First Bank, is one of Nigeria’s richest businessmen and a leading individual shareholder in both banks. He is said by ETI directors to ...

  • 14 November

    Behold The 8 Banks Declared As Most Reliable In Nigeria

    sanusi1

    First Bank of Nigeria Limited, Guaranty Trust Bank Plc (GTBank), Zenith Bank Plc, United Bank for Africa Plc (UBA), Access Bank Plc, Skye Bank Plc, Ecobank Nigeria and Diamond Bank Plc have been designated by the Central Bank of Nigeria (CBN), as “too big to fail”, owing to the fact that their failure could pose a systemic risk to the ...

  • 7 November

    10 Money Making Ways Now Now, From Your House With Little Or Nothing!

    naira money

    Information makes the difference between a poor and rich person. Explore 10 things you can do with little to change your life for better. 1.  Blogging – Owning a blog is big business these days in Nigeria thanks to the likes of Linda Ikeji. For those who don’t understand, blogging is simply an art of writing short articles about various ...

October, 2013

  • 21 October

    7 Trending News Today: New PDP, Boko Haram, Jonathan, APC, Oduah, Aviation

    keshi-afcon

    1.     New PDP accepts Court verdict, forge ahead to welcome 5 more Govs, as Tukur calls them “Storm in a tea cup”. 2.    Boko Haram disguised with military uniform and shoot 19 dead in Borno. 3.    S/E & SS Gov drum support for Jonathan ahead 2015. 4.    Opeyemi Bamidele set to dump APC for Labour ...

  • 21 October

    100% Fruit Juice: How Chivita Is Redefining Premium Status

    Chivita fruits

      In order to set itself above the fray in a fiercely competitive category, a brand must consistently deliver what the consumer expects. And to be considered premium, the brand must be built upon specific tangible and intangible attributes that give it a sense of worth. Indeed, a brand is only considered premium when consumers believe it is worth the ...

  • 21 October

    Skye Bank MD, Durosinmi Etti, Takes Customers Relation To Facebook

    Kehinde Durosinmi-Etti, group managing director/CEO of the bank, kicked off the celebrations of Customers Banking Week  by using the Facebook platform to reach out to the bank’s customers, fans and followers across the country and by responding to their enquiries on wide-ranging issues. The Facebook session helped in interfacing with the customers as well as in providing solutions to long-held questions. ...

September, 2013

  • 9 September

    GTBank’s Impressive Role In Dangote’s Refinery and Fertilizer Projects….Details Of USD6.75 Billion Debt Financing

    Chief-Executive-Officer-GTBank-Mr.-Segun-Agbaje

    Dangote Industries Limited on Wednesday, 4th September 2013 signed a loan agreement with a consortium of both local and international banks to the tune of $3.3billion for the purpose of constructing the biggest Petroleum Oil Refinery & Petrochemical/ Fertilizer Plants in Nigeria. The plants, which will cost a total of $9 billion will generate up to 9,500 direct and 25,000 indirect ...

  • 4 September

    Investors Panic As Ecobank Undergoes Probe For Report Manipulation. ED Indicts CEO, Chairman

    Kolapo-Lawson

    The storm in Ecobank around Kolapo Lawson, the Bank’s chairman is far from over! There are fresh allegations. In view of recent media reports on Ecobank Transnational Incorporated (ETI), the Securities and Exchange Commission (SEC)  Tuesday confirmed it was investigating allegations of corporate governance breaches at the pan-African bank. The commission, which disclosed this in a statement, assured investors that ...