Business Archives — Page 499 of 539

October 25, 2016 No Responses

Court to hear N2.4 billion suit against Innosson on November 25

(NAN) A Federal High Court in Lagos on Monday fixed November 25 to hear a N2.4 billion suit filed against Innosson Nig. Ltd over alleged falsification of shipping documents. Charged alongside Innosson Nig. Ltd are Innocent Chukwuma, Charles Chukwu, Maximian...

October 25, 2016 No Responses

UBA Wins Finacle Client Innovation Awards

United Bank for Africa has continued to receive accolades and global recognition for its commitment to the use of cutting-edge technology to provide simple and convenient banking solutions and services to its customers. The pan African banking Group was ...

October 25, 2016 No Responses

NSE gets most innovative Stock Exchange in Africa

The Nigerian Stock Exchange (NSE) has emerged the Most Innovative Stock Exchange in Africa 2016. This award was presented to NSE by The Business Year Magazine. The Business Year Magazine Awards according to a statement issued by NSE...

October 25, 2016 No Responses

NSE Photo News

L – R, Haruna Jalo-Waziri, Executive Director, Capital Markets Division, The Nigerian Stock Exchange (NSE); Buki Abu, ETF Product Manager, NSE; Oyelade Eigbe, Head of Investments, Vetiva Fund Managers Limited; Damilola Ajayi, Managing Director/CEO, V...

October 24, 2016 No Responses

CBN canvasses support for 2000-hectare Coscharis rice farm

As part of measures to sustain ongoing diversification into agriculture, the Central Bank of Nigeria (CBN) is to fund the rice milling plant for the 2000-hectare Coscharis Farm located at Anaku, in Anambra State. CBN Governor, Godwin Emefiele, who made...

October 24, 2016 No Responses

Wema Bank declares N37.89b gross earnings in Q3

For the third quarter ended September 30, 2016, Wema Bank Plc has declared N37.8Billion gross earnings, indicating 16.36 per cent growth over N32.57Billion recorded same period in 2015. According to the Bank, the nine-month figure was driven by a...

October 24, 2016 No Responses

NLC faults alleged violence against workers in Ogun

The Nigeria Labour Congress (NLC) has accused the Ogun State Government of instigating alleged violence against workers in the State. In a statement issued at the weekend, NLC condemned the non-payment of salaries in Ogun, adding that the State...

October 24, 2016 No Responses

NJC bars judges from accepting gifts

The National Judicial Council (NJC) has barred Judges and other Judicial officers from accepting gifts. NJC has also outlined new measures to curb corruption and other unethical conduct among judicial officers and other court staff. The measures form part.....

October 24, 2016 No Responses

Denmark to Initiate Study on Unmanned Ships

The Danish Maritime Authority (DMA) has taken a step toward the masterless ships as it is launching a pre-study on autonomous ships together with the Technical University of Denmark (DTU). The cooperation between the parties has an aim to increase the commo...

October 24, 2016 No Responses

NLC Photo News

L – R, Nikhil Rathi, Chief Executive Officer, London Stock Exchange (LSE); Chinelo Anohu-Amazu, Director General, National Pension Commission (PENCOM); Greg Hands, UK Minister for International Trade; Kemi Adeosun, Nigeria’s Minister of Finance; Bukar Ky...

October 23, 2016 No Responses

Minister hails rich cultural history of Benin Kingdom

The Minister of Information and Culture, Alhaji Lai Mohammed, has hailed the very rich cultural history and tradition of the ancientBenin Kingdom, one of the famous destinations during the exploitation of the African continent by the Europeans. Speaking at ...

October 23, 2016 No Responses

AT&T explains $86B deal with Time Warner

(BBC) The US telecoms giant AT&T has announced that it will buy entertainment group Time Warner for nearly $86bn (£70bn). The deal was agreed at a meeting of the two boards on Saturday but will still need to be approved...

October 22, 2016 No Responses

Mitsubishi joins Renault-Nissan alliance

(Auto News) Carlos Ghosn has officially folded troubled Mitsubishi Motors into the Renault-Nissan alliance and appointed himself chairman, forecasting nearly half a billion dollars in savings as soon as next year as the group joins a small club of automakers.....