Category: Business
AMCON takes over assets of Deap Capital Management & Trust Ltd over N1.6b debt
Riding on the order of Hon. Justice J.T. Tshoho (as he then was) of the Federal High Court, Lagos division, which granted the Asset Management Corporation of Nigeria...
FirstBank upgrades its mobile banking APP
…Reinforces its edge at putting customers ahead in electronic banking First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider,...
Markets: Uzodimma relaxes lock down
Imo State Governor, Senator Hope Uzodimma has authorized the relaxation of total lockdown on markets in the state as a result of the Covid-19 pandemic. Addressing...
Lagos assembly passes N920b Y2020 (amended) Appropriation Bill
Lagos State House of Assembly on Monday on passed the Y2020 appropriation (amendment) Bill of ₦920,468,589,337Bn for the State. Members of the House passed the...
How Eric Yuan invented Zoom to zoom to millions
Eric Yuan is a Chinese American that migrated to the US at the age of 27 in 1997 barely able to speak English. He was born in 1970 in Tai’an, Shandong Province...
5G deployment: Bring your research proposals, NCC tasks academicians
The Nigerian Communications Commission (NCC) has invited proposals from academics in tertiary institutions that have feasible research ideas, capable of replacing or...
Wirecard scandal: Prosecutors nab another top excutive
German prosecutors have arrested another manager in connection with the Wirecard scandal involving 1.9 billion euros ($2.1 billion) in missing assets, authorities...
SEC: Yuguda assumes office
…Says capital market driver of growth The Director General of the Securities and Exchange Commission, SEC, Mr. Lamido Yuguda has stated that the capital...
Fidelity Bank appoints Chike-Obi board chairman
Mustafa Chike-Obi By Our Reporter Fidelity Bank has announced the appointment of Mustafa Chike-Obi as Chairman of the Board of Directors. The appointment...
Electricity costs Nigeria N10trn yearly – W’Bank
From the World Bank came a damning report that unreliable power supply in Nigeria is causing the country huge economic losses, estimated at N10.1tn, yearly. The...
