N25bn fraud: Atuche loses bid to stop trial

N25bn fraud: Atuche loses bid to stop trial

LAGOS—Efforts by former Managing Director of Bank PHB, Mr. Francis Atuche, to stop his trial over alleged fraud, suffered a setback, yesterday, as an Ikeja High Court judge rejected his application to disqualify herself.
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Who is afraid of SIM card registration?

Who is afraid of SIM card registration?

It would really be a surprise to see any Nigerian who would not want his SIM card registered in the ongoing SIM card registration exercise across the country. This is simply because the benefits simply outweigh any reason do otherwise.

SIM reg: Glo makes 17 millionnaires, takes 19 to UK, UAE

SIM reg: Glo makes 17 millionnaires, takes 19 to UK, UAE

Ordinarily, the SIM registration project of the Nigerian Communications Commission, was meant to cut down the rate of mobile related crimes and protect the subscribers from mobile thieves who may steal their phones and use them for unwholesome practices. It was also meant to help in providing adequate data necessary for carrying out other services like number portability.

Dimension Data wins Microsoft’s MEA award

Dimension Data wins Microsoft’s MEA award

Dimension Data Nigeria has hinted that it has won Microsoft’s 2011 Voice Partner for Unified Communications in the Middle East and Africa region. The award was presented at the recently concluded Microsoft Worldwide Partner Conference in Los Angeles California, USA.

NECA partners ITF on manpower development

NECA partners ITF on manpower development

Nigeria Employers Consultative Association, NECA, is partnering the Industrial Training Fund, ITF, to develop skilled middle-level manpower capable of meeting today’s maintenance needs of industry.

Survival of the fittest in Armenia

Survival of the fittest in Armenia

After battering Costa Rica 4-1 Sunday night, European champions and tournament favourites, Spain will be aiming for a perfect run as they confront one of South American representatives, Ecuador who drew 1-1 with Australia in their opening game.

MTN opens competition for app developers on African problems

MTN opens competition for app developers on African problems

Apparently piqued by myriads of problems emanating from emerging markets of Africa and the Middle East, telecommunications giant, MTN has thrown open a competition to challenge application developers around the world to come forward with innovative apps that can solve problems of Africa and the Middle East.

Banks should embrace local enterprise software, says Lopworks boss

Banks should embrace local enterprise software, says Lopworks boss

As the second Cisco Certified Internetworking Expert (CCIE) in Sub-Saharan Africa, achieved almost a decade ago, former Consulting Manager with Schlumberger Omnes overseeing Consulting Practice in Nigeria Geomarket, Network Consultant with Citigroup and Barclays Capital both in UK carrying out network consulting works in Europe Middle East and Africa (EMEA) for years, Ademola Adesakin Osindero, cut his networking teeth sharper than most of his contemporaries.

E.ON plays down takeover fears

E.ON plays down takeover fears

E.ON Chief Executive Johannes Teyssen brushed off concern that Germany’s biggest utility could become a takeover target after the value of its shares dropped sharply this year, according to Frankfurter Allgemeine Zeitung.

Knowledgeable manpower key to profitable MFB sector

Knowledgeable manpower key to profitable MFB sector

The Chairman, Lagos State chapter, National association of Microfinance Banks (NAMB), Mr. Olufemi Babajide, has described knowledgeable manpower as key to profitable microfinance sector that would deliver smooth, efficient and effective services to the underbanked.

LCCI, AMCON partner on financial stability

LCCI, AMCON partner on financial stability

The ongoing review in the banking industry and ways of stabilising the financial sector in Nigeria will take the front burner at a stakeholders’ meeting organised by the Financial Services Group of the Lagos Chamber of Commerce and Industry (LCCI) on Thursday, 8th of September.

Stakeholders tasked on Vision 20:2020, economic development

Stakeholders tasked on Vision 20:2020, economic development

Former Minister of Industry, Mrs Nike Akande has called for the support of banks and other key stakeholders in the Nigerian economy in helping the country achieve its goal of becoming a major player in the global financial landscape.

Political Metabolism: Lawmakers’ Greek gifts

Political Metabolism: Lawmakers’ Greek gifts

I remember with irony when just before the last general elections a ranking Senator in the immediate past Senate organized a constituency outreach for the purpose of giving out some handouts to his constituents. Among the conspicuous gifts on offer at that occasion were about 200 of the popular generators we have now come to label “I big pass my neighbor.”