We are to maintain, sustain Enterprise Bank and make it a medium bank
Two weeks ago, MD/CEO of Enterprise Bank Limited (EBL) Ahmed Kuru, had a breakfast meeting with Business Editors. Issues relating to the function of a bridge bank, what the new management intends for the bank and the challenges facing the bank in its attempt to break from the past were raised.
Guinness sponsors Calabar carnival
Guinness Nigeria Plc, one of the foremost brewing companies and a significant player in the manufacturing sector of the Nigerian economy, has announced its official sponsorship of Carnival Calabar.
Nigeria requires peace and stability to thrive, says NIM president
Our dear nation needs and deserve peace and stability if we are to match the expectation of becoming a global nation of, and for development.”
State governments, LGs pose obstacles to pension growth
States and Local Governments in the country have been alleged to be the biggest albatross of the contributory pension scheme powered by the Pension Reform Act 2004.
Infrastructure financing: First Bank’s strategic approach
Most businesses need access to outside funds, some continuously and others for parts of an annual or trading cycle. In advanced countries, businesses rely heavily on the banking industry to provide these crucial funds, likewise in Nigeria, and will continue to do so.
INFLATION: The quiet plague
Nigerian housewives know too well, that sinking feeling when all items on the household shopping list cannot be covered by the regular budget. Our womenfolk have since become past masters (or mistresses) of the rigours of creative adjustment.
Emami emerges Chevron’s IRDC boss
CHEVRON created community development interventionist organ for the Itsekiri oil bearing communities in Delta State, Itsekiri Regional Development Council, IRDC, has made a businessman and Niger Delta activist, Mr. Ayiri Emami its new Chairman.
Obi empowers hospitals with 3 billion grants
Governor Peter Obi has distributed grants of over one billion naira, being part of a total of 3 billion naira he said had been set aside to turn around selected missionary healthcare institutions in the next 1 year.
Standard Chartered to commence Islamic banking next year
Standard Chartered Bank, SCB, yesterday, said it would commence Islamic banking in Nigeria early next year.
According to the bank’s Global Head of Islamic Banking, Wasim Saifi, the bank has entered into discussions with the Central Bank of Nigeria, CBN, and authorities in Oman to offer Islamic banking services in both countries.
Yes, toll gates are coming back – Senator Eze
What is the logic behind the proposed reintroduction of toll gates not long after they were demolished by the government?
Bayelsa’s do-or-die guber
IN a way, Professor Chinua Achebe was right. When he was offered the Commander of the Federal Republic, CFR, national honour for the year 2011 by the President Goodluck Jonathan regime he turned it down on the ground that the problems that prompted his rejection of same offer in 2004 still exist in the country.
