archiveOctober 31, 2016

The Economic and Financial Crime Commission (EFCC) has arraigned former Governor of Abia State, Dr. Orji Uzor Kalu in Lagos for money laundering. According to a report news report by the News Agency of Nigeria (NAN) monitored by Business247 News Online, he has asked the Federal High Court in Abuja,...

Shareholders may have to wait until insurance companies clear their negative reserves, before they can declare dividend. Following the capital market crisis in the country in 2008, most underwriters who had invested heavily in equities have their accounts in negative, while the share value of insurance stocks, alongside other listed...

As the scourge of economic recession continues to bite harder in nigeria, seven of the listed banks which recently submitted their third quarter unaudited results and accounts on the Nigerian Stock Exchangeunts recorded huge declining in profit. The likes of Diamond Bank Plc; Unity Bank Plc; Sterling Bank Plc and...