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107 Articles Found
Page 1 of 3

Global financial meltdown: Businessmen who may lose billions of dollars, if…
Friday, October 10, 2008
By IKENNA EMEWU(ikenna@sunnewsonline.com)

Days of sorrow for the rich are here. It is a worldwide scourge that makes the wealthy, the powerful and the moneybags shed hot tears. That is the new calamity the world faces today that looks worse t...
Posted By : OnlineNigeria.com
 
CBN moves to crash interest rate
Thursday, September 25, 2008
By SEUN ADESIDA

The Central Bank of Nigeria governor, Prof. Chukwuma Soludo over the weekend disclosed to Daily Sun a series of measures taken by the apex bank to crash the prevailing interest rate in the system.
Posted By : OnlineNigeria.com
 
Court Orders Arrest Of Waterparks Boss
Tuesday, July 22, 2008


An Igbosere Magistrate’s court has ordered the arrest of the boss of Water Parks Limited, Otunba Feyisayo Winfunke, for alleged conspiracy, stealing. and obtaining under false pretences.
Posted By : Cassie
 
MTN, Reliance Merger Talks Fail
Saturday, July 19, 2008
By Efem Nkanga with agency reports

MTN Group, South Africa’s dominant telecoms operator and Reliance Communi-cations of India’s proposed merger deal that would have created a global mega telecoms network has failed.
Posted By : Cassie
 
Court Orders Arrest Of Waterparks Boss, Feyisayo Winfunke
Friday, July 18, 2008


An Igbosere Magistrate court has ordered the arrest of the boss of Water Parks Limited, Otunba Feyisayo Winfunke for alleged conspiracy, stealing. and obtaining under false pretences.
Posted By : Cassie
 
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
 
Shareholders endorse Sterling Bank’s N75bn offer
Monday, June 30, 2008
By OMODELE ADIGUN

Shareholders of Sterling Bank Plc on Wednesday gave the bank the go-ahead to raise N75 billion from the investing public through a hybrid offer. Majority of the shareholders who spoke at the bank’s 46...
Posted By : OnlineNigeria.com
 
Ecobank-Sterling merger plan crashes
Saturday, May 03, 2008
By SEUN ADESIDA

The proposed merger between Ecobank Nigeria Plc and Sterling Bank Nigeria Limited may not materialise afterall.
Posted By : OnlineNigeria.com
 
Stanbic IBTC Bank unveiled
Saturday, April 05, 2008
By SEUN ADESIDA

Stanbic IBTC Bank on Monday launched its new name and logo signaling the successful conclusion of the merger of Stanbic Bank (Nigeria) Limited, a member of the Standard Bank Group of South Africa Limi...
Posted By : OnlineNigeria.com
 
Kogi polls:AC, ANPP merger cannot work —Ibrahim Idris
Tuesday, February 19, 2008
By KAYODE FASUA

As realignment of political forces resurge in Kogi State, preparatory to a re-run of the state’s governorship elections, immediate past governor, Alhaji Ibrahim Idris, has sneered at emerging plans by...
Posted By : OnlineNigeria.com
 
Stringent bail conditions justified
Friday, February 15, 2008
By ADESINA AIYEKOTI

A Lagos-based lawyer, Barrister Folarin Popoola has defended the Nigerian judges, especially those handling criminal cases, submitting that the court does not impose stringent conditions for bail wher...
Posted By : OnlineNigeria.com
 
Kogi: The anxiety over fresh polls
Tuesday, February 12, 2008
By Linus Obogo

Like a candle in the wind, the second term of former governor Ibrahim Idris of Kogi State which flickered out Wednesday, following the Appeal Court’s endorsement of the election tribunal’s nullificati...
Posted By : OnlineNigeria.com
 
We’re poised to tackle exam fraud – Minister
Tuesday, January 15, 2008
From ROSE EJEMBI, Makurdi

The Federal Government has decried the increasing spate of examination malpractices in the country thus blaming all stakeholders for the malaise.
Posted By : OnlineNigeria.com
 
Yoruba leaders begin fence-mending
Saturday, December 29, 2007
By AKEEB ALARAPE, Ibadan

A seven-member Yoruba Leaders of Thought Committee has commenced an aggressive mediation move among the warring factions of the pan-Yoruba political socio-economic group, Afenifere, which may culminat...
Posted By : OnlineNigeria.com
 
EFCC/ICPC merger: Ayoola dismisses AGF’s claim
Thursday, December 20, 2007
By TONY ICHEKU, Abuja

Chairman of the Independent Corrupt Practices and Related Offences Commission (ICPC), Justice Emmanuel Ayoola has debunked claims by the Attorney General of the Federaton, Mr. Michael Aondoakaa (SAN),...
Posted By : OnlineNigeria.com
 
Bank PHB to raise N200bn
Thursday, October 18, 2007
By SEUN ADESIDA

BankPHB has secured the shareholders approval to undertake its much awaited Initial Public Offer (IPO).
Posted By : OnlineNigeria.com
 
MTN seals $2bn loan deal
Friday, October 05, 2007
By SOLA FANOWOPO and BISI OLALEYE

Nigeria’s leading telecommunications company, MTN, has received a new loan facility of $2 billion from a consortium of 21 foreign and Nigerian banks and financial institutions.
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
 
April polls: ANPP, Buhari, Atiku, Ojukwu may merge petitions
Tuesday, August 21, 2007
By GODWIN TSA, Abuja

The presidential election petition tribunal will on September 3 be moved by the All Nigeria Peoples Party (ANPP) to consolidadte its petition with the ones filed by the Action Congress (AC) and its pr...
Posted By : OnlineNigeria.com
 
Nigeria's new finance minister, Shamsuddeen Usman
Thursday, July 26, 2007
Reuters

Shamsuddeen Usman, a deputy governor of Nigeria's central bank, was appointed on Thursday as finance minister of Africa's most populous country and biggest exporter of crude oil.
Posted By : OnlineNigeria.com
 
Intercontinental Bank is Nigeria’s No.1 bank - The Banker Magazine
Thursday, July 12, 2007
By SEUN ADESIDA

In what is best defined as extraordinary performance, Intercontinental Bank Plc has made history in the annals of international finance having been rated as the second fastest growing bank in the worl...
Posted By : OnlineNigeria.com
 
First Bank aims to join world’s top 100 banks
Saturday, June 02, 2007
By OMODELE ADIGUN

First Bank Plc, the first bank in the country to float N100 billion offer, will soon make another history by becoming the first Nigerian bank to rank among the world’s top 100 banks.
Posted By : OnlineNigeria.com
 
No stopping Atiku – Osoba
Tuesday, March 27, 2007
By TOPE ADEBOBOYE

Ahead of the Federal High Court’s ruling on the disqualification of Vice President Atiku Abubakar from contesting in next month’s presidential election, Action Congress (AC) chieftain and former gover...
Posted By : OnlineNigeria.com
 
First Bank set to raise N100bn
Tuesday, March 20, 2007
By SEUN ADESIDA

Shareholders of First Bank Nigeria Plc have approved the proposal for a hybrid offer of N100billion to be raised from the capital market.
Posted By : OnlineNigeria.com
 
2007: Those to Watch Out for
Tuesday, January 09, 2007
Nduka Nwosu, Yemi Adebowale, Laurence Ani, Ntai Bagshaw and Idowu Sowunmi

2007 is one year with great political and social implications for the country. It is a general election year, with a new president expected to emerge. Political and economic reforms are also expected ...
Posted By : OnlineNigeria.com
 
UBA balance sheet hits N1.05 trillion
Monday, December 18, 2006
By AMECHI OGBONNA

Nigerian banking industry has witnessed yet another ground-breaking result, as UBA Plc announced that its balance sheet size has hit the N1.05 trillion mark for the financial year ended September 30, ...
Posted By : OnlineNigeria.com
 
Consolidation: Recapitalise to $1bn, get $500m foreign reserve fund –Soludo
Monday, November 06, 2006
By SEUN ADESIDA

The governor of Central Bank of Nigeria (CBN), Prof. Charles Soludo, has asked Nigerian banks to raise $1 billion capital base and win additional $500 million foreign reserve fund for management. Solu...
Posted By : OnlineNigeria.com
 
2007: 10-party coalition root for Buhari’s presidency
Monday, October 23, 2006
By FRANCIS AWOWOLE-BROWNE, Abuja

Ten out of the 45 political parties may have signed up for the Gen. Mohammadu Buhari Presidency under the platform of All Nigeria Peoples Party (ANPP) in 2007 at the weekend as they signed a merger pl...
Posted By : OnlineNigeria.com
 
2007: Election timetable may lead to crisis –TMG
Thursday, October 05, 2006
By Festus Owete and Olusola Fabiyi

The Transition Monitoring Group has raised the alarm over the election timetable announced by the Independent National Electoral Commission.
Posted By : OnlineNigeria.com
 
INEC Cheque Bounces
Tuesday, October 03, 2006
This Day Online

A N20 billion cheque issued by the Indep-endent National Electoral Commission (INEC) for the purchase of some electoral materials has bounced, its Chairman, Prof. Maurice Iwu, said yesterday.
Posted By : OnlineNigeria.com
 
AC’s popularity test in Lagos
Monday, October 02, 2006
By Olayinka Oyebode

A foretaste of what to expect in the build up to the 2007 general election was experienced in Lagos on Wednesday as the newly formed Action Congress staged its maiden outing in the former federal capi...
Posted By : OnlineNigeria.com
 
Ecobank nets N6.73bn in six months
Thursday, August 03, 2006
By OMODELE ADIGUN

Ecobank Nigeria Plc grossed N6.73 billion in earnings within the first six months of the year, its Managing Director.....
Posted By : Anna
 
Ugwu, NMA DG, other directors sacked
Wednesday, August 02, 2006
By Joe Nwakwo, Abuja

The assassination of Lagos State People’s Democratic Party (PDP) governorship aspirant, Engr. Funsho Williams, may have claimed its first victims.....
Posted By : Anna
 
FG dissolves NMA board
Wednesday, August 02, 2006
By Isiaka Adams and Senan John Murray

The Federal Government, on Tuesday, announced the dissolution of the board of the National Maritime Authority.....
Posted By : Anna
 
Intercontinental Bank posts N11bn profit
Wednesday, July 19, 2006
By Ayo Olesin

Intercontinental Bank Plc has declared a profit before tax of N11billion or N1.10 per share for its year ended February 2006.....
Posted By : Anna
 
Merger plan: We won’t forgo our name, logo, motto –ANPP
Wednesday, July 19, 2006
By Chiawo Nwankwo, Abuja

The All Nigeria Peoples Party on Tuesday said it would not change its name, logo and slogan in the ongoing plan to merge with.....
Posted By : Anna
 
ANPP to merge with AD, 8 other parties
Wednesday, July 19, 2006
By FRANCIS AWOWOLE-BROWNE, Abuja

All Nigeria Peoples Party (ANPP) has finally agreed to go into merger with not less than nine other parties, including the Alliance for Democracy....
Posted By : Anna
 
2007 presidency: There’ll be big fight in the North, if...– Akande
Tuesday, July 18, 2006
By RAZAQ BAMIDELE

Former governor of Osun State, Chief Adebisi Akande, has taken a critical look at the activities of the Economic and Financial Crime Commission (EFCC) and declared...
Posted By : Anna
 
Three airlines in joint venture talks
Monday, July 17, 2006
By Oluseto Olatuyi

Indications emerged on Sunday that the management of Fresh Airlines, Trans Saharan Airlines and a foreign-based airline....
Posted By : Anna
 
Obasanjo: I tasted his bitter pill—Ex minister, Yomi Edu
Monday, July 03, 2006
AYODELE OJO

Chief Yomi Edu, an astute businessman and close associate of Vice President Atiku Abubakar, is not given to much talk......
Posted By : Anna
 
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