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165 Articles Found
Page 1 of 5

Military Revealed: Boko Haram Offering Loans To Nigerian Youth As Recruitment Tool
Thu, 21 Apr 2016 04:18:00 -0500

Amidst daily raids and bombardments of its major strongholds, as well as reported killings of its members by troops of the Nigeria armed forces, Boko
Posted By : OnlineNigeria.com
'Akpabio Used Akwa Ibom People As Collateral For Loans'
Wed, 30 Mar 2016 14:29:00 -0500

President Muhammadu Buhari’s senior aide on National Assembly, Ita Enang, on Monday painted a gloomy picture of Akwa Ibom state’s economy, saying the state and
Posted By : OnlineNigeria.com
ECB under pressure to further cut rates
Sunday, January 04, 2009

The European Central Bank will begin the new year under pressure to keep cutting interest rates after retail sales fell for a seventh successive month and loans to households and companies grew at the...
Posted By : OnlineNigeria.com
Japan slips into recession
Tuesday, November 18, 2008

Japan became the latest major country to fall into recession Monday as global economic fears deepened after a Washington summit offered markets scant hope for action to contain the damage, analysts sa...
Posted By : OnlineNigeria.com
UBA To Give Loans To Traders
Wednesday, October 22, 2008
By Bayo Adetu

Respite has come the way of cash-strapped traders in Lagos, as the United Bank for Africa (UBA) has concluded plans to launch its Micro-Finance Bank.
Posted By : OnlineNigeria.com
Global financial crisis: Bank chiefs beg FG for bailout
Thursday, October 16, 2008
Written by Babajide Komolafe & Peter Egwuatu, with agency reports

CHIEF executives of banks have decided to formally request the Federal Government to intervene in the nation’s financial sector to forestall the effect of the ongoing global financial crisis on the sy...
Posted By : OnlineNigeria.com
Sale of a legacy
Sunday, September 14, 2008

The decision of the Gbenga Daniel led administration to concession the distressed Ogun State-owned Gateway Hotels is generating ripples, with some indigenes of the state kicking against the alleged se...
Posted By : OnlineNigeria.com
‘Nigerian men don’t repay loans’
Friday, August 15, 2008
By Olamilekan Lartey, Yenagoa

The Managing Director of Bayelsa State’s only micro-finance institution, Homeland Microfinance Bank, Mr. Austin Dressman, on Friday said that many Nigerian men were not ready to repay bank loans.
Posted By : OnlineNigeria.com
Zenith Bank declares N50b profit
Thursday, August 14, 2008

With a rather impressive 96% jump over last year’s figure of N25.67 billion, Zenith Bank Plc has declared a profit before tax of N50.28 billion for the financial year ended June 30, 2008.
Posted By : OnlineNigeria.com
Tuesday, August 05, 2008
From GODDY OSUJI Abakaliki

As the world groan under hard times thrown up by food crisis, the Chairman of Abakaliki Rice-mill Association, Chief Vincent Nwibo, is not moved neither does he pity Nigeria.
Posted By : Cassie
Monarch warns FG against use of force in N’Delta
Friday, July 25, 2008

A foremost traditional ruler in the Niger Delta, His Majesty Emmanuel Kimia, has warned the Federal Government against further use of force in the region, saying such action will worsen the prevailing...
Posted By : OnlineNigeria.com
Why We’re borrowing N40b
Thursday, July 24, 2008
By VAL OKARA, Owerri

Imo state commissioner for Information and Strategy, Chief Chuma Nnaji has dismissed critics who had described the one year in office of Chief Ikedi Ohakim administration as a media hype and colossal ...
Posted By : Cassie
Access Bank profit hits N19 bn
Friday, July 18, 2008
By Sun News Publishing

Access Bank Plc has recorded an increase of 137 per cent in profit before tax, rising from N8 billion in 2007 to N19 billion.
Posted By : Cassie
Gov. Daniel poisoned, says Chief of Staff
Monday, July 07, 2008

The crisis between the legislative and executive of arms of government in Ogun State assumed a worrisome dimension on Sunday as Chief Abayomi Majekodunmi, the Chief of Staff (COS) to Governor Gbenga D...
Posted By : OnlineNigeria.com
New Spring Bank board recovers N13 bn insider-related loans
Monday, June 30, 2008
By Sun News Publishing

Managing Director/Chief Executive Officer of Spring Bank, Dr. Suleyman Ndanusa has announced the recovery of over N13billion insider-related loans since the take over by the interim management board. ...
Posted By : OnlineNigeria.com
Abia doubles IGR, now generates N140m monthly
Tuesday, May 20, 2008

Abia State government said it has within the one year in office increased its internally generated revenue by almost 100 percent from what it was in the previous year by deliberate fiscal policies and...
Posted By : OnlineNigeria.com
Edo PDP: Faction calls for reconciliation
Wednesday, May 07, 2008

The Governor Oserheimen Osunbor- led faction of the Edo State chapter of the Peoples Democratic Party (PDP) has said that it is disposed to reconciliation with the Chief Tony Anenih- led faction provi...
Posted By : OnlineNigeria.com
Soludo defends $462m investment in AFC
Friday, May 02, 2008

The agreement to invest a whopping $462million in the Nigerian–promoted African Finance Corporation (AFC) was signed 24 hours before former President Olusegun Obasanjo handed over to President Umaru Y...
Posted By : OnlineNigeria.com
Celebrating Dangote, world’s richest black man
Wednesday, April 30, 2008
By Wale Sokunbi

At this time when good news is as difficult to hear in the country as a pindrop in a dance hall, Nigerians, in the past few days, received heartwarming news from three different quarters.
Posted By : OnlineNigeria.com
Diamond Bank secures $70million trade facility
Friday, April 25, 2008

Diamond Bank Plc has brought succour to the business community in the country as it successfully signed a one year Syndicated Trade Finance Facility introduced by Sumitomo Mitsui Banking Corporation E...
Posted By : OnlineNigeria.com
Bayelsa governorship by-election: Plot to stop Sylva from contesting thickens
Friday, April 18, 2008

The plot to stop the former governor of Bayelsa State, Chief Timipre Sylva from featuring in the governorship election re-run as the Peoples Democratic Party (PDP) candidate has thickened, with moves ...
Posted By : OnlineNigeria.com
Economic growth: The microfinance banks option
Saturday, April 05, 2008

The banking sector no doubt occupies a strategic position in the economy of any country.The crucial role the sector plays becomes more compelling depending on the level of economic development and gov...
Posted By : OnlineNigeria.com
Yerima’s $1m donation tears US varsity apart
Sunday, March 30, 2008
By Sun News Publishing

Former governor of Zamfara State, Alhaji Sani Ahmad Buka Yerima has spurned a huge controversy in the United States on account of an alleged $1 million donation to a California based private Universit...
Posted By : OnlineNigeria.com
Gbenga Obasanjo again!
Sunday, February 24, 2008

A 56-page Administrative Panel of Enquiry report has sensationally recommended the immediate termination of the Concession, Share Sales and Purchase agreements that ‘sold’ Ajaokuta Steel Company, the ...
Posted By : OnlineNigeria.com
Thursday, February 21, 2008
From Geoffrey Anyanwu, Awka

On February 5, more than 100 physically challenged persons in Anambra State had cause to smile as the state government literally lifted them up spiritually and physically during the 2007 Disabled Day/...
Posted By : OnlineNigeria.com
Senate president’s wife flags-off free medical treatment in S’East
Tuesday, February 19, 2008
By Sun News Publishing

The wife of the Senate President, Dr. (Mrs) Rose-Marie Mark, has said that over 10,000 Nigerians have so far benefited from the ongoing free medical treatment program sponsored by Voluntary Promotive ...
Posted By : OnlineNigeria.com
2008 budget ready for Yar’Adua’s approval next week –Reps
Tuesday, February 19, 2008
By James Ojo, Abuja

A clean copy of harmonized 2008 Appropriation Bill of the National Assembly will be ready for presidential assent next week, spokesman of House of Representatives, Ezuiche Ubani has revealed.
Posted By : OnlineNigeria.com
Vision 2020 to gulp $10bn annually –Yar’Adua
Wednesday, January 23, 2008

President Umar Yar’Adua yesterday declared that about $8 billion to $10 billion is needed annually to reach Vision 2020 goals.
Posted By : OnlineNigeria.com
Real reason IBB wants to return
Tuesday, January 15, 2008

Maybe the words of certain Nigerian who lay claim to divine information access is gathering momentum to crystalize into reality.
Posted By : OnlineNigeria.com
Saturday, December 29, 2007
By Geoffrey Anyanwu, Awka

If she had seen it in her dreams, her mind would have been filled with strong doubts. It was not, however, a dream as Mrs Onigbo Nnonyelu, a petty trader, who traverses the hinterland of Amaku in Ayam...
Posted By : OnlineNigeria.com
After Dikibo, I was next on hit-list
Thursday, December 27, 2007

The time was 5.00P.M Wednesday and former PDP Chairman, Chief Audu Ogbeh was just returning from his farm in Kuje, on the outskirts of the Federal Capital Territory.
Posted By : OnlineNigeria.com
Nigeria may slide back to debtor nation – FG warns
Thursday, December 20, 2007

The Federal Government has warned of the consequences of Nigeria relapsing to a debtor country soon after settling her external debts, calling attention to a total of $3.3 billion (about N390 billion)...
Posted By : OnlineNigeria.com
Lagos to spend N403.4bn in 2008
Thursday, December 20, 2007

The Lagos State Governor, Babatunde Fashola has proposed N403.401 billion budget for the 2008 fiscal year to state House of Assembly.
Posted By : OnlineNigeria.com
FCMB records N6.76bn half-year profit
Saturday, December 15, 2007

First City Monument Bank Plc (FCMB) has recorded remarkable growth in its financial performance for the half year ended October 31, 2007, recording 140 per cent and 101 per cent increases in profitabi...
Posted By : OnlineNigeria.com
How American dream turns nightmare for immigrants
Tuesday, December 11, 2007

New York City. September 7, 2002. A light breeze welcomed you to the United States this beautiful afternoon in autumn. The weather was perfect and the sun’s warmth on your brow, refreshing.
Posted By : OnlineNigeria.com
Productive sector still limps...Despite consolidation of banks
Tuesday, December 11, 2007

That the Nigerian industrial sector has become endangered is certainly not an overstatement to those who understand the dynamics of the sector. Perhaps what is very worrisome is the fact that there se...
Posted By : OnlineNigeria.com
Intercontinental Bank unveils new corporate identity
Monday, November 26, 2007

Intercontinental Bank has unveiled its new corporate identify. The ceremony, which was performed over the weekend had in attendance major stakeholders in the industry.
Posted By : OnlineNigeria.com
Soludo, Usman disagree on economic policy direction
Saturday, September 29, 2007

Nigeria’s Central Bank Governor, Chukwuma Soludo has said that Nigeria will not go into debt to meet maturing financial needs. This was disclosed to journalists at the ongoing Nigerian Investment Conf...
Posted By : OnlineNigeria.com
FCMB posts N7.6bn profit
Thursday, August 30, 2007
By Babjide Komolafe

FIRST City Monument Bank Plc (FCMB) has announced a Profit Before Tax of N 7.569 billion and a dividend payout of N3.3 billion for the operating year ended April 2007.
Posted By : OnlineNigeria.com
How NNPC fleeced Nigeria of N555bn, by RMAFC
Tuesday, August 14, 2007

What appears a bombshell exploded on President Umaru Yar’Adua at the weekend, with fresh revelation that the Nigerian National Petroleum Corporation (NNPC) fleeced the nation of a whooping N555 billio...
Posted By : OnlineNigeria.com
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