All posts by BusinessNews Staff

• 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
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  Spain’s Jobless Rate Rises to 21%

  Spain’s unemployment rate rose nearly a point to 21.29%, with 4.9 million jobless for the first quarter of 2011, the government reported Friday, as the prolonged economic crisis continues to squeeze the nation. Some analysts had predicted...

  • Posted April 30, 2011
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  CBN to peg daily cash withdrawal at N150,000

    The Central Bank of Nigeria (CBN) has pegged daily cash withdrawal and lodgments by individuals at N150, 000 and N1 million by corporate organisations. The policy, which kicks off June 2012, is intended to curb the...

  • Posted April 29, 2011
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  CBN sets June deadline for Uniform Bank Account Number Scheme

  The Central Bank of Nigeria (CBN) has set June this year as deadline for banks to fully comply with the Nigeria Uniform Bank Account Number (NUBAN) scheme. This was communicated to banks via a release titled, “PROPOSALS...

  • Posted April 29, 2011
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