All posts by BusinessNews Staff

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  Stanbic IBTC to adopt holding company structure

  STANBIC IBTC Bank, a member of Standard Bank Group, has announced that it would hold a court ordered meeting of its shareholders with the aim of adopting a holding company (HoldCo) structure. The name of the proposed...

  • Posted July 12, 2012
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  MTN, Airtel, Glo pay NCC fine

  There were strong indications yesterday that telecoms giants – MTN, Globacom and Airtel- may have paid the fines imposed on them by the Nigerian Communications Commission (NCC) for not meeting the quality of service Key Performance Indicators (KPIs)...

  • Posted June 20, 2012
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  Banks in Imo embark on strike over huge taxes

  Banks in Imo State yesterday embarked on s strike following an alleged imposition of huge tax on them by the government. The industrial action which is said to be an indefinite strike, came up following the refusal...

  • Posted May 25, 2012
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  SEC NIGERIA SIGNS MOU WITH MAURITIUS

  A bilateral Memorandum of Understanding (MoU) was on Tuesday (15th May 2012) signed by the Securities and Exchange Commission of Nigeria and the Financial Services Commission of Mauritius, at the ongoing IOSCO annual conference in Beijing, China....

  • Posted May 16, 2012
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  Mill Wright: Auto Exports From USA to Nigeria

  Mill Wright LLC is a multi-national shipping company focused on car imports to the sub-Saharan African region with special emphasis on Nigeria. The company offers several options for car dealers, importers or users to ship their vehicles...

  • Posted May 7, 2012
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  600 Illegal Refineries Destroyed in Delta State

  Fear gripped the people of Mango Village, and those around the Gbekebor waterways in Burutu Local Government yesterday when the 3 Battalion of Nigerian Army, Effurun, and Joint Task Force, JTF, destroyed over 600 illegal refineries located...

  • Posted May 4, 2012
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  Ugodre: Is it time to dump my investment in fast food companies?

  In almost every street corner in Lagos and major cities in Nigeria, there is  fast food restaurant. From Mr Biggs to Sweet Sensation to KFC to Chicken Republic etc they are everywhere. Just walk into any of...

  • Posted April 25, 2012
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  Where To Find The Money

  When armed robbers broke into my home more than a decade ago, the first question they asked me (after giving me “two minutes” to open the door) was, “Where’s the dough?” “The dough?” I responded. “Come with...

  • Posted April 23, 2012
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  Obi of Onitsha opens exhibition, calls for review of policies on arts and culture

  The Obi of Onitsha, His Majesty Nnaemeka Achebe, has reiterated the need for an urgent review of the National Policy on Arts and Culture in order to enhance the development of the industry. Achebe, an established patron...

  • Posted April 23, 2012
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  ARTFUL DODGER OF THE DELTA

  Of all the ludicrous tales of the greed and extravagance of Nigerian politicians, how does anyone allegedly mortgage a whole STATE for a N40billion loan?! He evaded arrest by hiding from the authorities in the corners of...

  • Posted April 20, 2012
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