Category: Business

The Asset Management Corporation of Nigeria (AMCON) has appointed Barclays Africa Group Limited and Afrinvest as financial advisers for the divestment of its shareholding in Mainstreet Bank Limited.   The...

Union Bank of Nigeria Plc has appointed financial advisers that will guide the bank on  the best option for  divesting its non-banking subsidiaries.   The divestment is in compliance with...

The MTN Group Limited anticipates that the naira will be devalued after next year’s election, saying that the move will boost its import costs in Nigeria.   Declining oil exports...

Global rating agency, Fitch Ratings has assigned Diamond Bank Plc's United States dollar senior debt notes an expected Long-term rating of 'B(EXP)' with a recovery rating of 'RR4(EXP)'.   The...

The Exchange Data International (EDI), a provider of global securities data, has announced the launch of its latest service, the African Economic Data Service (AFED), which it termed an unrivalled...

A report on Nigeria 2014 cyber threat, which was sponsored by the British High Commission in a bid to facilitate trade, cooperation and mutual security in the UK and Nigeria,...

No doubt, the Boko Haram insurgency has caused losses of lives and properties, and untold misery and pains to relatives of victims.   The frequency at which the sect launches...

The Automated Teller Machine (ATM) in Nigeria has gone from a mysterious machine of very high distrust to a basic essential. Understandably, being at the perceived epicentre of online fraud...

Managing Director/CEO, Intermarc Consulting, Mr. Adeyinka Adeyemi, spoke with Emma Okonji on the importance of electronic cards in achieving financial inclusion and the need for more Nigerians to embrace card...

Head of Marketing for DHL Express sub-Saharan Africa, Sumesh Rahavendra, has said retail expansion is key to the courier company's Africa business strategy. Rahavendra’s assertion is coming against the background...