ATIKU

Contrary to insinuations making the rounds over allegations of excess charges in the sum of N200 million by one Hotel Excel Limited by the Bank, Sterling Bank Plc has refuted the claim stating that the Hotel is merely using a section of the media to pressurize the Bank to drop charges of loan default against […]

The Federal Government has stated its resolve to support the long term gas supply security for the European Union countries as part of measures to expand the nation’s gas market across veritable frontiers.Speaking after discussions with Günther Oettinger, the EU Energy Commissioner, on the margins of the 11th EU-OPEC Energy Dialogue Ministerial Meeting in Brussels, […]

…laments high rate of building collapse Building collapse: Obiano backs SON on cement standardization Anambra State Governor Willie Obiano has expressed concern over the frequency of building collapse in Onitsha and has thrown his weight behind recent efforts by Standards Organisation of Nigeria (SON) to curb the menace through cement classification and uses. Obiano, while […]

Oando PLC, Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange has received ministerial consent for its $1.65 billion acquisition of ConocoPhillips (COP) Nigerian assets.   In December 2012, Oando PLC through its Exploration and Production subsidiary Oando Energy Resources (OER), entered into an agreement with COP to acquire its […]

United Bank of Africa (UBA) Plc is set to build a new generation of loyal customers with its new suit of products tailored to meet the unique needs of teenagers and young adults. The product “Next-Gen” account, which was launched at Intercontinental Hotel on Monday, is basically a suit of personal current accounts designed to […]

Cement Standard: Dangote Cement dismisses fear of price hike     Dangote Cement Plc has dismissed claims by some manufacturers  of the Cement that the recent upward review of the quality standard by the Standard Organisation of The management of Dangote Cement allayed the fears of the consumers that the upgrade of cement quality and the […]

A delegation of the Nigerian Securities& Exchange Commission of Nigeria, ledby Mrs. Arunma Oteh (OON), the Director General paid a visit to the East Africa Exchange (EAX) during the 49th Annual African Development Bank(AfDB)meetings in Kigali , Rwanda last week.  Mrs. Oteh called in to acquainther group with the Exchange’s Operations as well as witness […]

The management of Dangote Cement has clarified its position on the new cement standard as stipulated by the Standards Organisation of Nigeria (SON), saying its position is purely motivated by the need to preserve the lives and property of Nigerians. The company said it supported the new cement quality standard as it believe that it […]

First Bank Nigeria (FBN) Holdings Plc has said at its Annual General Meeting (AGM), in Lagos that shareholders can expect better returns on their investments in the nearest future due to the drive for growth in each of its business lines. Mr. Bello Maccido, FBN’s group chief executive officer, made the disclosure on behalf of […]

The U.S. Secretary of Commerce, Penny Pritzker and Chairman Heirs Holdings Mr. Tony Elumelu on Wednesday called for increased US-Nigeria Investments. Both leaders spoke at a gathering of business leaders in Lagos . Pritzker, who is leading 20 American companies on an Energy Business Development trade mission to Ghana and Nigeria , said American companies […]

Lawmakers conducting a Public Hearing on the composition and pigmentation of cement have expressed their worry over the continuing production of low-grade and substandard cement in the country. The House of Representatives Ad hoc Committee on the composition and pigmentation of cement in the country led by its chairman Hon Yakubu Dogara opened a Public […]

Against the background of the skyrocketing price of cement in the market, leading cement manufacturer, Dangote Cement Plc has released into the market, a supply of 9 million tons of the commodity, to stem the price hike. President of Dangote Group, Aliko Dangote made this disclosure when the President of Tanzania, Dr Jakaya Kikwete paid […]