Fidelity Bank MD, Nnamdi Okonkwo Banks deposits are mainly short-term in nature and lending funds to customers for long-term can lead to asset mismatch, Managing Director/CEO, Fidelity Bank Plc, Nnamdi Okonkwo, has said. He stated this at the 2016 Annual Conference of the Finance Correspondents Association of Nigeria (FICAN) in …

The Senate on Tuesday explained that the level of economic recession being witnessed requires sincere approach by the federal government in a manner that those who have the competence should be allowed to serve in critical sectors of the economy. Senate Leader, Ali Ndume in his speech enjoined Senators to …

Lagos, Tuesday, September 20, 2016: Nigeria’s leading public relations firm, CMC Connect Burson Marsteller, in partnership with Ornico, a brand intelligence research company in South Africa, is set to hold a workshop on measurement and evaluation of communication to further enlighten communications experts on how public relations adds value to …

New Oracle Database-as-a-Service is 20 years ahead of Amazon Web Services Oracle OpenWorld, San Francisco – September 20, 2016 – Oracle Executive Chairman and Chief Technology Officer, Larry Ellison today demonstrated that Amazon databases are 20 years behind the latest release of the Oracle Database in the Cloud. In his …

Dangote The U.S. Chamber of Commerce, in a show of further commitment to collaboration by the business communities in the United States and across Africa, today named Aliko Dangote, Africa’s most successful businessman, as the co-chair of its U.S.-Africa Business Center. Dangote will serve alongside Jay Ireland, president and CEO …

The Federal Government is demanding $635 million from two multinational oil companies, Agip and Total, for undeclared crude oil shipped out of the country between 2011 and 2014. Two cases have been filed at the Federal High court in Lagos by senior lawyer and Senior advocate of Nigeria, Professor Fabian …

President Muhammadu Buhari Monday assured the international community that his administration was already implementing several people-oriented programmes to meet the humanitarian needs of the over two million internally displaced persons (IDPs) in Nigeria. The President, who disclosed this at the High-Level Summit on “Addressing Large Movements of Refugees and Migrants” on the margins …

Militant group Niger Delta Greenland Justice Mandate (NDGJM) has claimed responsibility for blowing up of the Afuesere-Ekiugbo delivery facility in Ughelli, Delta State, a facility operated by the Nigeria Petroleum Development Company (NPDC). The group in a statement by its spokesman Aldo Agbalaja said that the attack took place at …

Gov. Fayose Ekiti State Governor, Mr Ayodele Fayose has described President Mohammadu Buhari as the major problem of Nigeria that Nigerians must solve, saying that; “Our President, through his actions and inactions is destroying everything that makes Nigeria a country and well-meaning Nigerians must stand-up to be counted in the …

First Bank has denied violating the Federal Government’s directive on the Treasury Single Account in respect of a Nigerian National Petroleum Corporation dollar account. The bank in a statement on Saturday by its Corporate Affairs Manager, Babatunde Lasaki, said the Central Bank of Nigeria was aware of the account with …