De-Lords Securities sues Access Bank over N1.5bn margin facility

De-Lords Securities sues Access Bank over N1.5bn margin facility

By Dotun Ibiwoye The effect of the meltdown in the capital market is gradually   surfacing, despite the return of the bullish trend in the market,   as a stockbroking firm, De-Lords Securities Limited has dragged Access Bank Plc to court for alleged breach of contract over a N1.5 billion margin facility granted it by the bank.
Visible Articles 5 10 15
Aliero revokes 700 plots allocated by el-Rufai

Aliero revokes 700 plots allocated by el-Rufai

According to him, “the issue is not about land taken from Peter and given to Paul. The Senate was of the opinion that he (el-Rufai) gave out certificates to people without official approval when FEC had been dissolved. So out of these lands, 700 of them have been revoked.

Cabotage: Slok partners Diamond bank on vessel acquisition

Cabotage: Slok partners Diamond bank on vessel acquisition

By Godfrey Bivbere The number of vessels in the nation’s fleet has been boosted with eight new additional ships recently acquired by Slok Nigeria Limited own by the immediate past Governor of Abia State, Chief Orji Uzor Kalu, in partnership with Diamond bank. The bank provided the company about N30,680,000.00 (US$260Million) with which it acquired […]

Yobo, Mikel, Taiwo may shun Eagles

Yobo, Mikel, Taiwo may shun Eagles

THERE are very strong indications that some of the big players who were rested in Super Eagles’ 3-0 steam-rolling of the Harambee Stars of Kenya in Sunday’s World cup qualifier may not oblige coach Amodu Shuaibu with their services, again.

Etisalat introduces 9jillions promo

Etisalat introduces 9jillions promo

By Princewill Ekwujuru For 90 days, two phones will be given away every hour, even as a grand prize winner will be rewarded with $1 million, courtesy the 9jillion promo embarked upon by Etisalat Nigeria network. Steven Evans, Chief Executive Officer, Etisalat Nigeria  revealed  at the press conference to announce its rollout plans, said  the […]

Compensation of late Ogoni 9 families: MOSOP hails Shell

Compensation of late Ogoni 9 families: MOSOP hails Shell

By Jimitota Onoyume PORT HARCOURT—The Movement for the Survival of  Ogoni People (MOSOP)  has expressed satisfaction with the resolve of Shell to compensate families of late Ken Sarowiwa and the others that were hung with him after a bungled judicial trial which sentenced them to death by hanging.

Revisiting forest of antennas — Nigeria Your Skyline! – Part (11)

Revisiting forest of antennas — Nigeria Your Skyline! – Part (11)

By  Chris Uwaje,  with contribution from Roland Alden “Optic Fiber Vs Wireless” Chris Uwaje _ with contribution from Roland Alden.“However, in the developing economies where network construction is viewed in context as an investment in the economy and driver of economic growth, this view is 180′ out of synch.

Panasonic enters market with  environmentally friendly air conditioners

Panasonic enters market with environmentally friendly air conditioners

By Daniel Ailemen From its 2009 air-conditioner line-up, Panasonic said it has introduced into the Nigerian market  an environmentally friendly air conditioner. The new product, the company said is a range of eco-inspired air conditioners which has combined aesthetics with environmental responsibility and performance. Mr. Bhojraj Rupani, Managing Director, Panaserv Nigeria Limited, marketer of  Panasonic  […]

Revealed: FIFA almost stopped Abuja match

Revealed: FIFA almost stopped Abuja match

Nigeria dared world Football governing body, FIFA, in Sunday’s World Cup qualifier.And the match that Nigeria eventually won 3-0 would not have taken place but for a last minute decision by FIFA Executive member, Dr. Amos Adamu, who took responsibility and gave the go-ahead for the match to commence. Before this time, the match commissioner for the day, Tony Yeboah, had decided that the match would not start.

Borno varsity takes-off

Borno varsity takes-off

Maiduguri — The Borno Government said, yesterday, that its proposed state university would take-off before the end of the year.