Business

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 …

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 …

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 …

President/CE, Dangote Industries Limited, Aliko Dangote; Halima Dangote, Executive Director, Dangote Industries Limited; Chairman, Heirs Holdings, Tony Elumelu and Mimi Alemayehou, Blackstone, celebrating with Former President Bill Clinton at his 70th birthday at the Rockerfeller Plaza, New York. Speaking at the weekend in Delaware as the Keynote Speaker at the …

L – R: Presidency consults Key Stakeholders on Economy – Lai Mohammed, Minister of Information; Abdulsamad Rabiu, Executive Chairman/CEO, BUA Group and Prof. Yemi Osinbajo, Vice President of the Federal Republic of Nigeria exchanging pleasantries at the Presidential Business Forum with key industry stakeholders held at the Presidential Villa, Abuja …

Dangote The recent discovery of oil in Lagos in commercial quantity has been described as a good omen for the development of the oil and gas industry which Dangote refinery will benefit from. Speaking in his office in Lagos during a visit by the leaders of the League of African …

Oracle OpenWorld, San Francisco, Calif.—Sep 19, 2016 Building on its position as the industry’s leading Cloud Applications provider, Oracle today unveiled its strategy for next generation Software as a Service (SaaS) Cloud offerings that blend third-party data with real-time analytics and behavioral inputs to create Cloud Applications that adapt and …