For efficiently and consistently managing its risks, Sterling Bank plc has been honoured in the Banking and Investment Services category of the Nigeria Risk Award, NRA. According to a statement from the bank, the award, which was organised by Conrads Clark Nigeria, CCN limited, a United Kingdom affiliated institution in conjunction with Institute of…
Diamond Bank Sponsors 24th NUGA Competition
As part of its corporate social responsibilities, Diamond Bank plc has volunteered to be the lead sponsor of the 24th edition of the Nigerian Universities Games Association, NUGA, competition. The annual event, which holds between February 12 and 22, 2014 at the prestigious Obafemi Awolowo University, Ile Ife, Osun State, is attracting over…
RenCap Educates Investors
The Renaissance Capital, an emerging markets & frontiers investment bank has called on investors to commit more funds to develop the Nigerian economy. Igor Vayn, chief executive officer of the financial institution, said this during the company’s 5th annual pan-Africa investor’s conference. He said investors should explore the opportunities of the progress achieved by the…
Nigerian Breweries Births Star Lite
The Nigerian Breweries has added another feather to its cap as the brewery giant unveiled Star Lite, an ice cold filtered lager beer last week in Lagos. Walter Drenth, marketing director of the company, explained that the new product, which is an extension of Star lager beer, is an innovation the company is certain its…
UBA Joins Convention on Business Integrity
Philips Oduoza, group managing director and chief executive officer, United Bank for Africa, UBA, is convinced of one thing – a business reputation suffers severe damage by being associated with corrupt practices in the public mind. So, in line with that conviction, he recently led the board and executive management of the bank to sign…
MAN Appoints New DG
The Manufacturers Association of Nigeria, MAN, has announced the appointment of Remi Ogunmefun as its new Director General, DG. Ogunmefun who takes over from Rasheed Adegbenro, former acting DG, has 32 years experience as a legal practitioner, manager, administrator and director across sectors of the economy. The seasoned executive has contributed several articles to the…
NAMA Begins Calibration of Navaids
In its continuing efforts to enhance air safety in the country, the Nigerian Airspace Management Agency, NAMA, has commenced the calibration of navigational equipment at some airports across the country. The exercise, which is scheduled to last for one week, will be handled by ASECNA, a Dakar-based calibration firm. In a statement signed by Supo…
Boom or Burst for Investors?
The Nigerian Stock Exchange outperformed others in Africa in 2013 posting 44.6 per cent return on investment, which experts say is a reflection of the growth of the economy. But are the returns sustainable? Since the Nigerian stock market witnessed a near crash in 2009, several investors have been sitting on the fence. However, with…
RenCap Educates Investors
The Renaissance Capital, an emerging markets and frontiers investment bank has called on investors to commit more funds to develop the Nigerian economy. Igor Vayn, chief executive officer of the financial institution, explained during the company’s 5th annual pan-Africa investor’s conference, that investors should explore the opportunities of the progress achieved by the economy of…
Glamour at UBA Awards
For employees of United Bank for Africa, UBA, and other stakeholders in the bank, it was a night of fun, entertainment and rewards February 8, 2014 as they gathered from across the country and beyond to celebrate members of staff who distinguished themselves in the 2013 financial year. The annual UBA CEO Awards ceremony, which took…
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