In a bid to boost the bottom-line, surpass industry average and meet shareholders’ expectation at the end of the current business year and beyond, the management of Diamond Bank Plc has reinforced its business strategy and strengthened its firm position as one of Nigeria’s biggest financial institutions with world-class customer …
Read More »Details of 500m users’ accounts hacked, stolen -Yahoo
Yahoo said Thursday a massive attack on its network in 2014 accessed data from at least 500 million users and may have been “state sponsored.” “Based on the ongoing investigation, Yahoo believes that information associated with at least 500 million user accounts was stolen,” a statement from the US Internet …
Read More »Stanbic IBTC takes ‘Together 4 A Limb’ charity walk to Abuja
The campaign to support underserved children without limbsis expected to attract greater attention this year as Abuja hosts the 2016 Stanbic IBTC ‘Together 4 A Limb’ charity walk. The first edition held in Lagos last year. The annual signature corporate social investment initiative of the Stanbic IBTC Group will …
Read More »MoneyGram Increases Business Efficiencies, Cuts Time for New Product Introductions with Oracle Cloud
Oracle OpenWorld, San Francisco – September 21, 2016– Oracle announced today that MoneyGram International Inc., the second-largest money transfer company in the world with $1.45 billion in annual revenue, has implemented Oracle HCM Cloudto overhaul its human resources (HR) operations and reduce administrative processes to be more efficient. Reports that …
Read More »BoI targets 150,000 new jobs under YES initiative
BoI Ag. CEO, Waheed Olagunju In a bid to reduce the double digit unemployment rate figures, the Bank of Industry (BoI) has stated that its Youth Entrepreneurship Support (YES) programme is expected to create over 150,000 direct and indirect job opportunities in the country. The acting Managing Director, BoI, Waheed …
Read More »What hinders long term loans by banks – Nnamdi Okonkwo, Fidelity Bank MD
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 …
Read More »CMC Connect Marks PR Measurement + Evaluation Month
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 …
Read More »Oracle Beats Amazon Web Services in Head-to-Head Cloud Database Comparison
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 …
Read More »U.S. Chamber names Aliko Dangote Co-Chair of U.S.-Africa Business Center
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 …
Read More »Federal Govt sues Agip, Total for $635m over undeclared oil shipment
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 …
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