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United Capital Plc. has released its authoritative and eagerly anticipated Nigerian Economy and Financial Markets 2015 report. The report provides a detailed review of the Nigerian market in 2014 with projections for 2015, commencing with a Global perspective and review of key African markets. It discusses the outlook for…
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A Federal High Court has freezed the bank accounts belonging to Sani Dangote the Vice President of Dangote group and owner of Dansa Foods, in 20 banks over bad debt.Union Bank brought the case against Dangote,whose brother Aliko is regarded as Afrca’s richest man according to Forbes world billionaire list.…
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The Board of United Bank for Africa Plc (UBA) today announced the appointment of Mr. Tony O. Elumelu, C.O.N. as Chairman, succeeding Ambassador Joe Keshi.This was contained in a statement signed by Charles Aigbe,Divisional Head,Marketing and Corporate Relations,UBA Plc. Mr. Elumelu is Chairman/CEO of Heirs Holdings, the pan-African proprietary…
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Maya looked on admiringly as the shark swam majestically. Then it turned and started swimming towards her. The shark’s eyes locked with her eyes, her heart started beating fast. She felt her limbs go limp. Everywhere was dark and all she could see was the sharp piercing eyes of the…
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By Gistmaster, Diamond Bank has reacted to recent media reports that its Group Managing director, Dr Alex Otti has formally declared his ambition to take over from Governor Theordore Orji of Abia State. In a statement issued by close aides of Alex Otti in Diamond bank reads “Recently, there have…
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Despite regulatory constraints, Diamond Bank Plc, in its half year (H1) performance scorecard,demonstrated its ability to continue to sustain growth by posting 9% increase in its profit after tax(PAT) for the half business year (HBY) ended 30 June 2014. This is as reported in the Bank’s Unaudited H1 Results released to the…