All posts by BusinessNews Staff

• 
  Access Bank reveals plan to unveil corporate Internet banking

  The Group Deputy Managing Director of Access Bank Plc, Herbert Wigwe, has announced plans by the bank to unveil corporate Internet banking solution as part of its aspiration of becoming the world’s most respected African bank. According...

  • Posted October 18, 2013
  • 0
• 
  Stock Market Watch: ASI inches up by 0.56% on Thursday

  The bullish trend continued at the stock market on resumption from the two days Sallah break as the All Share Index, ASI, inched up by 206.21 points or 0.56 percent to close on Thursday at 37,257.35 basis...

  • Posted October 17, 2013
  • 1
• 
  NSE, Culture Ministry plans National Dialogue on tourism

  The Nigerian Stock Exchange, NSE, in conjunction with the Ministry of Culture, Tourism and National Orientation is planning to hold a national dialogue on tourism as a business in Nigeria. This was disclosed by the Chief Executive...

  • Posted October 17, 2013
  • 1
• 
  N963.7m subsidy fraud: EFCC insists oil marketer, Jibril, did not import fuel

  The Economic and Financial Crimes Commission (EFCC) on Thursday claimed that an oil marketer, Rowaye Jubril, did not import the petroleum products for which he received N963.7 million subsidy. The EFCC made the allegation through one of...

  • Posted October 17, 2013
  • 0
• 
  NNPC allays fears on divestment by international oil companies

  Mr. Andrew Yakubu, the Group Managing Director of NNPC, has dismissed insinuations that the recent spate of divestments from certain onshore oil blocks by some international oil companies (IOC) could lead to crisis in the nation’s oil...

  • Posted October 17, 2013
  • 0
• 
  Eket community rejects ExxonMobil’s N2.5bn oil spill compensation

  The Eket Federal Constituency Vanguard has rejected the N2.5 billion oil spill compensation offered by ExxonMobil to affected Eket communities. The oil spill, recorded on Nov. 9, 2012, caused up to 200,000 barrels of oil, spilled on...

  • Posted October 17, 2013
  • 0
• 
  Wema Bank declares third quarter profit of N479million

  Wema Bank Plc on Wednesday announced a profit after tax of N479 million for the third quarter ended Sept. 30, 2013. This was contained in a statement issued by the bank in Lagos. The profit after tax...

  • Posted October 16, 2013
  • 0
• 
  Stanbic IBTC appointed Custodian for BNP Paribas Securities Services

  Stanbic IBTC, a member of Standard Bank Group and one of the leading financial services provider in Nigeria, has been selected as the custodian for BNP Paribas Securities Services in Nigeria. This decision was made after a...

  • Posted October 16, 2013
  • 0
• 
  SEC investigates Deap Capital over alleged mismanagement of clients’ fund

  The Securities and Exchange Commission, SEC, has commenced investigations into the activities of Deap Capital Management and Trust Plc over alleged mismanagement of clients’ funds and its inability to return investment sum on maturity. The investigations, it...

  • Posted October 15, 2013
  • 0
• 
  Three oil firms award 221 scholarships to Akwa Ibom students

  Three oil companies operating in Eastern Obolo and Mbo Local Government Areas of Akwa Ibom, have awarded 221 scholarships to students from the two Local Government Areas. The Community Relations Manager of Afren Energy, Mr Blessing Okpowo,...

  • Posted October 15, 2013
  • 0