BUSINESS

  By Tony Obiechina, Abuja The Nigeria Deposit Insurance Corporation (NDIC) has debunked claims by some shareholders that the regulatory authorities did not make enough efforts to salvage the fortunes of Fortis Micro-Finance Bank (MFB) before its liquidation.

  The Vice President, National Association of Chamber of Commerce, Industry, Mines and Agriculture, (NACCIMA), Mr Tony Ejimkeonye, has expressed shock over the postponement of Saturday’s presidential and National Assembly polls in the country. Ejimkeonye made his impression known while reacting to the shift in the dates for the general …

A Ghanaian company, Kasapreko Limited, says it sold 13.9 million bottles of Alomo Bitters, a herbal alcoholic drink, in Nigeria in 2018.

    From UDO ONYEKA, Lagos   Local shares rebounded by 0.12 per cent yesterday on renewed bargain hunting even as the Exchange printed 22 gainers as against 13 losers at the close of trade. Stocks in the consumer goods and Industrial sectors, especially UNILEVER, PZ and DANGCEM, which rose …

From UDO ONYEKA, Lagos United Bank for Africa (UBA) Plc has collaborated with Google and ISP partner to launch Google Station in 11 key UBA branches in Lagos State as part of plans to roll out 200 stations in the country.

Domestic airlines are counting losses over the last minute postponement of Saturday’s Presidential and National Assembly Elections by the Independent National Electoral Commission (INEC).

By Stellamarris Ashinze First Bank of Nigeria Limited, last Thursday signed a partnership with the Azuri Technologies to provide solar energy solution for the low-income areas.

  By Tony Obiechina The Minister of Budget and National Planning, Senator Udoma Udo Udoma, has expressed delight at the 4th Quarter 2018 numbers just released by the National Bureau of Statistics (NBS). The report shows that the real Gross Domestic Product (GDP) grew by 2.38%, indicating the strongest quarter growth …

    By Tony Obiechina Members of the newly inaugurated Board of the Nigeria Deposit Insurance Corporation (NDIC) have pledged their total commitment to the formulation of sound policies that will enhance the safety and stability of the nation’s financial system. Chairman of the Board, Mrs Ronke Shekefun who stated …

The Coca-Cola Company on Wednesday announced that it has completed its acquisition of Chi Ltd. in Nigeria.