DailyrecordNg …Nigeria's hottest news blog

………Africa’s agenda must change to prioritize jobs and power, Elumelu cautions “Embrace legacy, you are not here forever,” Mr. Tony O. Elumelu, CON, Chairman of Heirs Holdings, and Founder of the Tony Elumelu Foundation, urged policymakers as he represented the African private sector at the opening session of the 2017 World …

The Dangote Group has raised alarm over a Ponzi scheme in circulation alleging partnership between the “Dangote brand, Nestle, Cussons and other reputable food processing companies” in launching a multi-level marketing initiative that intends to “fight hunger, poverty and stop recession” by paying participants in food. Contrary to the publication …

Stanbic IBTC Holdings PLC has introduced Nigeria’s first instant online account opening service, in line with its goal of helping to digitize banking in Nigeria for convenience and seamless service delivery. The one-stop financial service provider said this innovation, apart from expanding its retail banking business, will ensure easy access …

In line with its commitment to ensure swift expansion of the micro small medium enterprises (MSME) market segment, Heritage Bank has introduced MyStocKIT, an android hand-held solution that enables clients to track stock movements, maintain dynamic stock levels and address fundamental accounting/book keeping management requirements of the business.Heritage Bank becomes …

The Management of NASCON on Thursday assured shareholders of bumper returns on their investment in the company as it has concluded arrangements to roll out more products before the end of this year. When introduced, the new products will enhance the company’s turnover, profitability and ultimately rub-off positively on the …

·        Asset base jumps to N2.07trn Diamond Bank, yesterday, transmitted its Q1 2017 financial accounts to the Nigerian Stock Exchange, NSE, showcasing focused and strong determination to continue to strengthen growth in key financial parameters. The Bank’s performance scorecard for the first three months of the business year as made …

Lagos, Nigeria, May 05, 2017 – In line with its determination to dominate Africa’s mobile banking space with the introduction of cutting edge technology-driven products and services, United Bank for Africa (UBA) Group, leading African financial institution, has introduced a full-fledged banking platform, tagged UBA Magic Banking and enabled by dialling *919# …

Its African subsidiaries wax stronger, contributing 35% of earnings Lagos, Nigeria – April 28 , 2017: The Pan African financial institution, United Bank for Africa (UBA) has released its unaudited first quarter results, showing significant growth across major income lines. Following a sterling performance in 2016 financial year, UBA Group …

                                                                                         FBN Holdings Plc. (“FBNH” or “FBNHoldings” or the “Group”) today announces its audited results for the full year ended 31 December 2016. Income Statement[1]                                                       Gross earnings of N8billion, up 15.7% year-on-year (y-o-y) (Dec 2015: N502.7 billion) Net-interest income of N4 billion, up 14.8% y-o-y (Dec 2015: N265.2 billion) …

The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II The Ooni of Ife, Oba Adeyeye Ogunwusi, has declared that he will not disrespect the Oba of Lagos, Oba Rilwan Akiolu, despite the snubbing he received from the Lagos monarch at a public function on Tuesday. But Ogunwusi, who insisted …