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Business

Bank PHB To Take Over Vono

A foremost Nigerian mattress and bed materials manufacturing company, Vono Nigeria Plc, may be liquidated any time from now as…

Online To Claim Biggest Piece Of Media Pie By 2014

Online is set to become the largest media sector in terms of ad spend by 2014, hitting $3.9bn, according to…

Trial Of Bank PHB’s Managing Director To Start Afresh

There is no reprieve yet for the former managing director/chief executive officer of Platinum Habib Bank (Bank PHB Plc), Mr.…

FCMB Gets Shareholders’ Nod For IFC’s $170m Investment

Plans by the International Finance Corporation to invest $170 million in FCMB Plc has been approved by the shareholders of…

ZAIN: When Will The Name Change Stop?

The company started as Econet Wireless Nigeria in 2001 then changed to Vodacom Nigeria in 2004.  The same year it…

Labour, MAN, Hail Release Of N30b Grant

The national body of textile workers union and the Manufacturers Association of Nigeria (MAN) have commended the Federal Government for…

Petroleum Minister Alison-Madueke Says PIB Will Change Oil Industry

Nigeria oil and gas industry was the focus of global attention last night on the special CNN Business Half Hour-…

Current Banking Reforms Inevitable –Sanusi

The Central Bank of Nigeria (CBN) Governor, Malam Sanusi Lamido Sanusi, said in Benin that the current banking reforms were…

Customer Slams N15 Billion Suit On Afribank

A businessman, Mr. Cletus Ibeto and his company, IBG Investment Company Limited, have slammed N15 billion suit on Afribank Nigeria…

Receiver Manager Takes Over Frezone Plant Fabrication Company

A Federal High Court sitting in Lagos, while granting leave to a Lagos-based lawyer, Barrister Akin Adesomoju, appointed by Intercontinental…

NAFDAC Shuts ‘Pure Water’ Factory

In a move to improve on previous efforts aimed at ensuring proper hygiene in the production of packaged drinking water…

Consumers Decry Inadequate Information On Sim Card Registration

Consumers have decried the inadequate information on the ongoing Sim card registration across the country. Some consumers who spoke with…

Uba, Capital Oil Boss Faces Trial Over N4b Dud Cheque

A four count criminal charge of obtaining by false pretence and issuing of dud cheque has been filed against a…

Glo 1 To Offer Most Guaranteed Customer Solutions

Globacom says its new Glo 1 submarine cable will offer customers the most guaranteed solutions to their business needs. The…

Sharp Practices Abound In Auto Insurance Firms – Odiboh

Managing Consultant, Newsletters Limited, Dr. Oscar Odiboh, a player in the auto industry, has called on relevant government agencies to…