All posts tagged "featured"
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Former PHB Bank Chief Allegedly Diverted N45m to Pay Tithe
An Economic and Financial Crimes Commission (EFCC) prosecution witness has disclosed sordid details centered around how former Bank PHP Managing Director, Francis Atuche, diverted N45 million from the bank to pay tithes to two catholic churches in...
- Posted September 27, 2012
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RIM Moves to Consolidate Dominance on the Nigerian Market, Opens Flagship Store
Research in Motion (RIM), manufacturers of Blackberry devices, is taking practical steps to establish a larger footprint across the Nigerian and entire African market. The company which has experienced severe market penetration loss in North America due...
- Posted September 27, 2012
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Kogi Floods: FG Mobilizes Contractors to Site, Alternative Route Ready Today
The Federal Government has mobilized three construction firms to the site of the Lokoja-Abuja road which has been rendered impassable by floods for about a week. Minister of Environment, Mrs. Hadiza Mailafia, addressing journalists at the Federal...
- Posted September 27, 2012
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Illegal Sale of PHCN: Caveat Emptor By Femi Falana SAN
It is the height of shameful impunity on the part of the National Council of Privatisation to sell the PHCN to the unpatriotic individuals who have diverted and cornered the public funds earmarked for the uninterrupted supply of...
- Posted September 26, 2012
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$1.12 billion for PHCN GENCO Assets, Blacklisted Billionaire Debtor- Otedola among top bidders
Eight Companies sent in their bids yesterday for the Power Holding Company of Nigeria (PHCN) and just six were announced as having met the criteria set. Transcorp; Forte Oil (owned by Otedola); CMEC consortium which includes China...
- Posted September 26, 2012
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Zenith Bank Plc named the Best Performing Africa Investor (Ai) 40 Company
Africa investor (Ai), a leading international investment and communications group, announced the winners of its prestigious Africa investor Index Series Awards, that was held on the 21st of September 2012 at the New York Stock Exchange during...
- Posted September 26, 2012
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Intercontinental Bank Acquisition: Access Bank Records N26.13 billion Net Income
In just six months, Access bank made N26.13 billion of profit minus tax in this year, powered by the acquisition of Intercontinental bank. In a statement issued by Mr. Olusegun Fafore, Team Lead, Media Relations, the bank’s...
- Posted September 26, 2012
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El-Rufai allocated PHCN plots to wives, friends – Witness
A prosecution witness in the trial of former Minister of the FCT, Nasir el-Rufai, Mr. Sunday Idowu, insisted that the ex-minister illegally allocated plot 1201 to his family members, the News Agency of Nigeria reported on Tuesday. Idowu, an...
- Posted September 26, 2012
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Oswald Boateng, Atlantic Energy & Made in Africa Foundation Supports AfDB’s $22bn “Marshall Plan” for Africa
The African Development Bank (AfDB) has proposed plans to float Africa’s first infrastructure bonds to member nations to raise up to $22 billion for investments in much needed infrastructure projects such as ports, railways, roads and energy,...
- Posted September 26, 2012
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YDx set to unveil Inception 2012 Summer Beach Party in Lagos
In a bid to boost the flair for tourism and encourage creativity among young Nigerians, YDx, a youth marketing company based in Lagos is set to brand the city beach-lines with the Inception 2012. The concept is...
- Posted September 25, 2012