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Diamond Bank to open 130 more branches

Diamond Bank wants to expand its branch network in Nigeria by more than 50 percent over two years, and looks to acquiring one of the three state owned banks. This was made known by the Chief Financial Officer Abdulrahman Yinusa said Yinusa said that the bank wants 130 more branches, making it...
Updated 8 Years ago

Consumer disposable incomes hit by fuel subsidy removal

The partial removal of fuel subsidy that has seen petrol prices increase from N65 per litre to N97 per litre, a 49.2 percent hike, may have led to the unintended consequence of a decrease in consumer spending, as disposable incomes fall, with the rise in transportation, food and other costs.
Updated 8 Years ago

Imbibe Creativity in Business Planning, Utomi Charges SMEs

Renowned economist, Professor Pat Utomi has tasked small and medium scale enterprises (SMEs) on the need to be innovative and creative in their business processes.
Updated 8 Years ago

Govt moves to halt auto parts’ importation

THE Federal Government has unfolded plans to stop importation of automotive parts into the country, under its local content promotion initiative, to bolster operations of local sector operators. The development is coming on the heels of re-emergency of automobile assembly plants, which currently...
Updated 8 Years ago

US and Philippines begin South China Sea drills

Joint military exercises between the US and the Philippines are getting under way in the South China Sea, even as Manila remained locked in a stand-off with Beijing over a disputed shoal.
Updated 8 Years ago

Boko Haram Not Poor, Says CAN

The Christian Association of Nigeria (CAN) has rejected claims that poverty was responsible for the Boko Haram menace in Northern Nigeria, specifically condemning the statement credited to the United States Assistant Secretary of State for African Affairs, Mr. Johnnie Carson.
Updated 8 Years ago

PDP BoT: Nnamani, Ahmadu Ali in Race to Succeed Obasanjo

The move to find a suitable leader to succeed former President Olus-egun Obasanjo who resigned last Monday as chairman of the Board of Trustees (BoT) of the ruling Peoples Democratic Party (PDP) has begun.
Updated 8 Years ago

Abandoned Car Filled with Bombs Discovered in Kano

A day after the Kaduna bomb attacks which claimed 40 lives, security agents have detonated explosives in an abandoned car in Kano
Updated 8 Years ago

Boko Haram kill seven-year-old girl

Boko Haram members shot dead a seven-year-old girl during a failed attempt to kill her policeman father hours after group members killed three in a separate raid, the army and police said on Monday.
Updated 8 Years ago

Any crowd, a potential target by Boko Haram, says AISSON

NIGERIANS have been advised to be wary of any crowd, as it could be a potential target for the Boko Haram sect to unleash any attack.
Updated 8 Years ago

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