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First Bank reacts to CBN’s sacking of its board, reinstatement of...

First Bank has for years been plagued by “bad credit decisions, significant and non-performing insider loans and poor corporate governance practices” The management of...

Fear of AMCON takeover grips Otudeko’s Honeywell as First Bank shares...

...CBN announcement may trigger an AMCON takeover of Honeywell Nigeria Plc if Oba Otudeko fails to repay his loans. First Bank Nigeria Holdings (FBNH)...

First Bank boardroom crisis: CBN sacks all directors, sweeps Shobo aside,...

…the action sends a negative signal to the market on the stability of leadership on the board and management The Central Bank of Nigeria (CBN) on Thursday...

Cement: Dangote, BUA, Lafarge, accused of oligopoly as Senate seeks level...

AGENCY REPORT The Senate has called on President Muhammadu Buhari’s regime to provide more industrial incentives and protection, such as concessionary loans and larger tax...

Burkinabè billionaire, Inoussa Kanazoé tackles Dangote over cement market domination in...

Epic competition... In just a few short years, Kanazoé has become a player in the West African cement industry… After the successful development of industrial activities at Cim Métal...

Cannon Central & North Africa taps into potential value of print...

Press Release Signing of new business partners signals confidence in African resilience – and a further boost for future growth of print sector on the continent Dubai,...

Standard Bank appoints Yinka Sanni as Chief Executive for Africa

Sanni’s appointment is effective from today, 15 April. Africa’s largest bank by assets, Standard Bank Group, has appointed Yinka Sanni as its new Chief...

Cement Scarcity: Dangote, BUA deliberately causing price hike, shortage – Distributors

AGENCY REPORT Some Residents in Kano and Katsina States have faulted Dangote Cement, BUA Cement, and Sokoto Cement for the prevailing scarcity and constant hike in...

Our cement is cheaper in Nigeria than Ghana – Dangote Group

By NAN Says company is losing millions of dollars selling its cement brand in Nigeria “While a bag of cement sells for an equivalent of $5.1,...

Unity Bank set to fire MD, Oluwatomi Somefun as Bank fortunes...

...the board is said to have lost confidence in the leadership of Somefun As the fortunes of the Unity Bank Plc continue to...