UEFA has announced that the 2015 Champions League final will be held in Berlin's Olympiastadion.
Updated 7 Years ago

DEspite the challenges in the domestic aviation sector, Caverton Offshore Support Group (COSG) made a turnover of 47.6 per cent and 1,625 per cent in profit for the 2012 financial year ended December 31, 2013. Shareholders at the company’s Fourth Annual General Meeting (AGM) in Lagos, yesterday approved 9.5kobo as dividend for every N1 share. This amounted to N318.3 million, representing 18.6er cent increase on the N286million dividend paid for the 2011 financial year.
Updated 7 Years ago

Winners of the successor firms unbundled from the Power Holding Company of Nigerian (PHCN) are to assume possession of the companies by July, the Minister of State for Power, Hajiya Zainab Kuchi, has said.
Updated 7 Years ago

The holding company (HoldCo) structure adopted by First Bank of Nigeria Limited and large number of African subsidiaries owned by the United Bank for Africa Plc (UBA) have been identified as likely factors that made their major competitors -Guaranty Trust Bank Plc (GTBank) and Zenith Bank Plc to record higher earnings in 2012.
Updated 7 Years ago

Nigerians planning to invest in the United Kingdom (UK) Property market can now heave a sigh of relief as Union Bank UK, a member of the Union Bank of Nigeria Group, is set to facilitate such investments.
Updated 7 Years ago

The second phase of the cashless policy which will commence from July this year is expected raise the value of electronic funds transfer in the country to N160 billion per day, the Chief Executive Officer, Electronic Payment Providers Association of Nigeria (E-PPAN), Mrs. Onajite Regha, has said.
Updated 7 Years ago

The Central Bank of Nigeria (CBN) Thursday revealed that the ratio of Non-performing Loans (NPLs) in the Nigerian banking industry have reduced to an average of 3.8 per cent as at April this year, compared to the 35 percent it was as at November 2010.
Updated 7 Years ago

A group which described itself as Movement for Oneness and Jihad in West Africa (MUJAO) has claimed responsibility for a twin suicide bomb attack on Thursday morning at the Nigeria/Niger border in which over 20 Nigerien soldiers were killed.
Updated 7 Years ago

The world spoke yesterday against Wednesday’s killing of a British soldier in Southeast London by two men identified as British with Nigerian descent. British Prime Minister David Cameron described the incident as a terror attack.
Updated 7 Years ago

The Kano State Police Command Thursday disclosed that 16 months after the attack on the state by terrorists, which claimed the lives of about 192 people, including 40 police officers, the families of the slain officers are yet to be compensated by the federal government.
Updated 7 Years ago