Poised to be the leading bank that creates value for women, the United Bank for Africa Plc re-launched its gender specific product the 'Ruby Current Account' held at the UBA amphitheatre, Marina, Lagos.
As part of its corporate social responsibility focus on infrastructural development as a social value enabler; Dangote Cement Plc has commenced the construction and rehabilitation of roads bordering 14 host communities within Yewa Land in Ogun State.
Please be informed that the daily transfer limit for the software token on internet banking has been reduced from N50,000 to N20,000. Consequently, only hardware tokens will now be used to authenticate transfers above N20,000 on internet banking.
A major leap in ongoing efforts at providing gas as alternative automobile fuel was taken on June 10, 2013 in Lagos, when Sagas Energy Company Limited, the pivot of the new technology in Africa, began the conversion of heavy-duty trucks for use of gas as
It gives me great pleasure to welcome you all and to be here myself for this epoch-making event in the annals of this state. On July 20, 1969, when American astronaut, Neil Armstrong, the first human to land on the moon, took his first step, his first wor
In furtherance of its Pan-African expansion drive, leading cement company, Dangote Cement Plc will today, May 27, 2013, lay the foundation stone for the construction of its new $500m cement plant in the East African country of Tanzania.
UAC of Nigeria Plc (UACN) a diversified conglomerate in Nigeria with operations in foods, paints, logistics and real estate today announced that it has sold 49% of MDS Logistics Plc (MDS), a wholly-owned subsidiary of UACN, to Imperial Logistics, a le
The financial-news giant Bloomberg built its fortune and reputation on the combination of a voracious news-gathering outfit and a proprietary data-delivery system that has become an essential Wall Street tool. Now Bloomberg has put its reputation at ris
Sagas, a division of Borkir Energy Company Limited and subsidiary of the Dangote Group, signed a 20-year sales and purchase agreement with the Nigerian Gas Company Limited (NGC) to supply and distribute compressed natural gas as alternative automotive fue
By the directive of the Central Bank of Nigeria (CBN), it will no longer be possible to send transactions to legacy/liquidated banks effective April 02, 2013. Legacy/liquidated banks are banks that have ceased to exist due to merger or take-over.
Personalisation is a form of expression that appeals to the youth segment and in response to the yearnings of this critical market group, FirstBank Plc launched its Expression of Card service today as part of its customer offering for this group and all
For the second year running, Nigeria’s Number One Bank Brand, First Bank of Nigeria Limited has emerged the Best Retail Bank in Nigeria for 2012. At an award ceremony, which was organized in conjunction with Asia’s most prestigious retail banking event, t
The Central Bank of Nigeria (CBN) has ordered all banks to implement the policy on third party cheque withdrawal limit with effect from June 1, 2013, in a move to ensure uniform compliance by all the financial institutions across the country.
Proshare in the last seven (7) years continues to fulfil its mission of bringing to the market and users of financial information in Nigeria the most important news items to aid intelligentl decision making.
Sanlam Group, South African partners and major shareholder in Nigeria’s FBN Life Assurance Company Limited is excited about the progress in the Nigerian Company, which has broken even two years and three months after its establishment.
African Bankers Award 2013 to showcase Africa’s best banks. Bankers, banks and other financial institutions operating in Africa have been called upon to avail themselves of the upcoming African Bankers Awards 2013 and to use it as a platform to share thei
The Monitoring Board today announced the outcomes of its meeting held on 6 February in Brussels. The Monitoring Board met with IFRS Foundation Chairman Michel Prada to discuss Foundation funding and the creation of the Accounting Standards Advisory Forum
Costain has secured two engineering and procurement services projects at Total's Lindsey Oil Refinery, which will further improve the environmental performance of the refinery located at Immingham on the Humber Estuary in Lincolnshire.
Just as George Osborne is trying to play down the significance of a triple-dip recession, UK banks brand values have tumbled. Overall brand values are down 2% for UK banks, from $68 billion in 2012 to $66.5 billion this year, making the UK the only top 1
After two days of test broadcasting, a 24-hour international TV news operation set to rival existing giants in the global market will ‘soft launch’ today, February 4, 2013, broadcasting from its main News Centres in London, New York, Johannesburg and Lago
Oando Energy Services Limited (�OESL�) Nigeria�s leading indigenous provider of swamp drilling rigs services and a subsidiary of Oando PLC (�Oando�) announced on Monday, January 21, 2013, that the OES Teamwork, one its
Depository account is now a must for every participant in the stock market. It offers you a safe, convenient and cost-effective way to keep track of your investment in shares and other instruments without the hassle of handling physical documents but it w
The International Organization of Securities Commissions (IOSCO) today published a final report on Suitability Requirements with respect to the Distribution of Complex Financial Products, which sets out principles relating to the distribution by intermedi
United Bank for Africa Plc, one of Africa �s leading financial services institutions, has been assigned impressive ratings by two of the world�s leading rating agencies, Global Credit Rating Co. (GCR) and Fitch Ratings (Fitch). The good rati
Investors looking for alternative investment outlets to spread their risks and enjoy good returns have cause to smile as a leading investment bank Dunn Loren Merrified (DLM) prepares to float a mutual fund in the capital market early next year.
Group Managing Director/Chief Executive Officer of First Bank of Nigeria Limited (FirstBank), Mr. Bisi Onasanya has emerged the winner of the 2012 EMEA Finance “CEO of the Year Award”. At the well-attended ceremony, organised under the aegis of Annual Af