NDIC Management Visits Minister of State, Finance in Abuja

L-R: Dr. Chike Walter Duru, Internal Communications Manager, Nigeria...

These are bad times for United Bank for Africa (UBA) Plc and First Bank Limited as both were sanctioned by the Central Bank of Nigeria (CBN) to the tune of N2.9 billion and N1.8 billion respectively for allegedly violating the Treasury Single Account (TSA) policy of the Federal Government. For First Bank, its shares nosedived to 10-year low as a result of the N1.88 billion sanction by the CBN. The bank’s shares fell by 3.9% to N5 in trading at the Nigerian Stock Exchange (NSE), its lowest fall since April 2005.

FOR THE RECORD Africa needs a new deal on energy,...

ITU Telecom World 2015 closed its doors at Hungexpo, Budapest following an exceptional week of dialogue, debate, networking and showcasing. The event, which welcomed over 4,000 participants from 129 countries, brought together an impressive line-up of top-level government representatives, leaders of industry – from established players to SMEs (small and medium enterprises) and young start-ups, from emerging and developed markets – along with high-level representatives of international organisations, entrepreneurs, accelerators, incubators and academia.

Mr. Tony Ojobo President African ICT Foundation Stakeholders of the ICT sector...

In one of the most anticipated side events during...

Sterling Financial Holdings Company Plc has reported a 157%...

Patrick Akinwuntan The Managing Director Ecobank Nigeria The Managing Director, Ecobank...