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All posts by BusinessNews Staff

  • First Bank of Nigeria Plc
    First Bank: Court Orders Reinstatement of Sacked Manager

    Justice Owolabi Dabiri of the Lagos High Court has ruled that the termination of the employment of Mrs. Funmi Oyetunji ,  a Senior Manager , by First Bank of Nigeria Plc,  was wrong and of no legal...

    • Posted March 30, 2011
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  • AAAN President, Mr. Funmi Onabolu
    Ad Practitioners Task Operators on Modern Approach

    In order to compete very well on the global scene, Nigerian advertising practitioners have been tasked on the need to brace up and incorporate the modern day technology and approach into their operations. Stakeholders who spoke at...

    • Posted March 30, 2011
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  • Group Managing Director, Diamond Bank
    Diamond Bank Records N27.6bn Profit

    Diamond Bank Plc’s Group audited results for the 12 months ended 31 December 2010 has shown that the bank sustained its growth in operating profit which improved by 12 per cent to N27.6 billion in the year...

    • Posted March 30, 2011
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  • Chairman of Nestle Nigeria Plc
    SEC Gets Support on Corporate Governance Code

    Stakeholders in the nation’s capital market have thrown their weight behind the new  Code of Corporate Governance  issued by  the Securities and Exchange Commission (SEC) for listed companies, which would become effective on Friday, April 1, 2011....

    • Posted March 30, 2011
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  • NSE
    Stocks May Close Higher Despite Election Fever

    Despite the  bear run at the stock market  and anxiety  among the investors created by uncertainties over  the general elections, the nation’s stock market  will close positively going by  its performance during past election years. The market...

    • Posted March 30, 2011
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  • ceanic_health
    Government assures brokers of patronage

    The government s of Ondo and Ekiti States have pledged their continued patronage of insurance to brokers. The Ekiti State Head of Service, Mr Bunmi Famosanya,  gave the assurance when a delegation of the Nigerian Council of...

    • Posted March 30, 2011
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  • Oceanic Bank International Plc , MD
    Customers embrace Oceanic micro health insurance scheme

    Holders of Oceanic Micro Savings Account (OMSA), a product being offered by Oceanic Bank International Plc, have commended the financial institution for introducing access to health insurance schemes as part of the benefits of owning OMSA accounts...

    • Posted March 30, 2011
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  • NSE
    Dearth of facilities, bane of capital market growth -Chioke

    Except the Federal Government makes concerted efforts to improve infrastructure in the country, the growth of the capital market will continue to be impeded,  Managing Director of Afrinvest (West Africa) Limited, a leading financial services provider in...

    • Posted March 30, 2011
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  • Central Bank of Nigeria
    Shareholders decry Union Bank, ACA’s $750m recapitalisation agreement

    The recapitalisation agreement recently embarked upon by Union Bank with African Capital Alliance (ACA) may be heading for the rocks, as shareholders of the bank have described the move as an exercise in futility. The shareholders said...

    • Posted March 30, 2011
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  • Chairman of NESG
    Private sector to challenge National Assembly over 2011 budget

    The organised private sector has vowed to challenge the insistence of the National Assembly that the 2011 budget be implemented as passed by it. Frank Nweke , the director general and chief executive of the Nigeria Economic...

    • Posted March 30, 2011
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