AMCON CEO, Ahmed Kuru, Receives Award from NIPSS

R-L: Mr. Ahmed Lawan Kuru, Managing Director, Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), receiving an award from the President of the Alumni Association of the National Institute (AANI), Mr. Khaleel Bolaji, mni at the Presidential Dinner for the Graduating Senior Executive Course 40 Participants at Army Headquarters Command Officers’ Mess, Asokoro, Abuja recently.

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Stanbic IBTC Insurance CEO, Akinjide Orimolade to Keynote Business Journal Annual Lecture 2024

Mr. Akinjide Orimolade, Managing Director/CEO, Stanbic IBTC Insurance Limited...

Business Journal Unveils Official Invite for Public Presentation Event

Business Journal has unveiled the official invite for the...

TSA: CBN Sanctions UBA N2.9bn, First Bank N1.8bn

These are bad times for United Bank for Africa (UBA) Plc and First Bank Limited as both were sanctioned by the Central Bank of Nigeria (CBN) to the tune of N2.9 billion and N1.8 billion respectively for allegedly violating the Treasury Single Account (TSA) policy of the Federal Government. For First Bank, its shares nosedived to 10-year low as a result of the N1.88 billion sanction by the CBN. The bank’s shares fell by 3.9% to N5 in trading at the Nigerian Stock Exchange (NSE), its lowest fall since April 2005.

Ecobank Wins Best Digital Strategy Award

Ecobank won the Best Digital Strategy Award at the...

Pension Operators, PenOp, Elects New EXCO

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Diamond Bank Earnings: Succumbing to Cost & Regulatory Pressures?

Diamond Bank Plc recently published its audited FY: 2014 and Q1:2015 results on March 30, 2015 and April 13, 2015 respectively on the floor of the Nigerian Stock Exchange (NSE). The results show mixed performances at the top and bottom lines. We present the highlights of the FY: 2014 result, Q1:2015 and our 2015 estimates below:

10 Ways to Finance Africa’s Energy Opportunity

Can we stave off catastrophic climate change while building the energy systems needed to power growth, create jobs and lift millions of people out of poverty? That’s a crucial question for Africa. No region has done less to contribute to the climate crisis, but no region will pay a higher price for failure to tackle it. Meanwhile, over half of Africa’s population lacks access to modern energy. Africa’s leaders have no choice but to bridge the energy gap, urgently. They do have a choice, though, about how to bridge the gap.