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First Bank declares N15.7bn profit in Q1
First Bank of Nigeria Plc has declared a N15.7 billion profit before tax, about 1.9 per cent over N15.4 billion recorded in the same period in 2010. In its unaudited results for the three-month period ended March...
- Posted April 30, 2011
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Sterling Bank earns N9.1bn in Q1
Sterling Bank Plc has posted gross earnings ofN9.1 billion for the unaudited first quarter results ended 31 March, 2011, indicating a growth of 9 per cent over the N8.3 billion in the comparable period of the previous...
- Posted April 30, 2011
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New uniform account number takes-off June
The Central Bank of Nigeria (CBN) has released Uniform Bank account number (NUBAN) to Nigeria commercial banks for the purpose of full implementation to achieve uniform customer bank account in the country. In a memo to the...
- Posted April 30, 2011
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CBN contributed to bank collapse – Ex ED, Afribank
For 43 years – 1965 to 2002 – Alhaji Ismaila Shuaibu traversed the banking corridor in Nigeria. Beginning as a clerk with former Barclays Bank of Nigeria now Union Bank in Kaduna, he retired as ED in...
- Posted April 30, 2011
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Easter Celebration: Indomie donates to orphanages
To commemorate the celebration of Easter with the less privileged in the society especially the orphans and aged ones as part of its Corporate Social Responsibility (CSR), Dufil Prima Foods Plc, makers of Nigeria’s No.1 Noodle brand,...
- Posted April 30, 2011
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Organised customer service, the secret to business success – Umeano
Mrs. Uloma Umeano is the CEO, Customer CentriCity Limited. Her years of experience in advertising, banking, marketing and communications from reputable companies both at home and abroad has positioned her to understand what the Nigerian business environment...
- Posted April 30, 2011
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Microsoft Net Falls Below Apple’s
Loomis Sayles’s Ursillo Interview on Microsoft Windows sales slumped last quarter as the iPad crimped demand for consumer laptops, marking the first time in 20 years that the software maker reported a smaller quarterly profit than Revenue...
- Posted April 30, 2011
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US Democrat Seeks Deficit Deal Balancing
A top House Democrat on budget issues, Chris Van Hollen, has said any deficit-cutting deal that is part of a U.S. debt-limit extension must be “balanced” to include higher tax revenue as well as spending reductions. “You’ve...
- Posted April 30, 2011
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US Stocks Record Weekly Gain, as Dollar Depreciates
U.S. stocks added to the best weekly gain in a month as results at Caterpillar Inc. (CAT) and Goodyear Tire & Rubber Co. beat estimates. The Dollar Index extended its worst monthly loss since September amid bets...
- Posted April 30, 2011
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Customs Moves to End Scanning Nightmare at Apapa Port
The Apapa Customs Command has harmonized its risk management engines with all other services providers in what will address the scanning nightmare being suffered by importers at the nation’s premier port. This, it was gathered , will...
- Posted April 30, 2011











