Posted on April 12, 2009 by Fortune&Class
With reports of foreign exchange round-tripping rocking some commercial banks in the country, most banks have evolved strict processes for customers to secure their Basic Travel Allowance and other foreign exchange needs.
Continues here.
Filed under: BusinessNEWS | Tagged: Banks, basic travel allowance, bta, foreign exchange ound tripping, forex, parallel market, round tirpping, round tripping, visa | 2 Comments »
Posted on April 12, 2009 by Fortune&Class
The storm at TransCorp Plc, the blighted corporate contrivance …continue here.
Filed under: BusinessNEWS | Tagged: adedayo ojo, cisco and dimension data, nitel, tom iseghogi, trans national corporation, transcorp | 1 Comment »
Posted on April 12, 2009 by Fortune&Class
Posted on April 12, 2009 by Fortune&Class
Two Nigerian banks, First Bank Nigeria Plc and Access Bank on Wednesday adopted… continues here.
Filed under: BusinessNEWS | Tagged: access, FirstBank, GTBank, IFRS, international financial reporting standard | 2 Comments »
Posted on April 12, 2009 by Fortune&Class
There are growing worries by capital market stakeholders and, especially, …continues here.
Filed under: BusinessNEWS | Tagged: adedotun sulaiman committee, aliko dangote, ap shareholders, femi otedola, musa al-faki, politicisation of NIgeria's capital market, SEC, secrutities and exchange commission, share price manipulation, udoma udo udoma, us/cbn lines | 2 Comments »
Posted on April 11, 2009 by Fortune&Class
Obviously determined to put the lie to the critical review of… continues here.
Filed under: BusinessNEWS | Tagged: 15 per cent, 24 per cent, bankers' committee, bofi act, Central Bank of Nigeria, Class A Bureau de Change window, corporate attorneys, deposit rate, first time offender, healthy banking system, interest rate, lending rate, md/ceo, payment of monetary penalty, playing to the gallery, principal partner, Retail Dutch Auction System (RDAS), roy bassey, short circuiting, soludo goofs, threat | 1 Comment »
Posted on April 11, 2009 by Fortune&Class
The year 2009 is rather an unlikely year for any Nigerian company… continues here.
Filed under: BusinessNEWS | Tagged: 2008 ranking, 97th-largest comapny, assets, assets 2000, banking sector, bankruptcy, egypt, First Bank, forbes global 2000 rank, forbes list of world biggest companies, forbes magazine, general electric, global 2000, iceland's kaupthing bank, indicators, intercontinental bank, ireland's anglo banks, lehman brothers, liberia, market value, mergers, netherland, nigerian companies, orascom construction industry, outright failure, profit, profit 2000, publicly quoted companies, royal caribbean hotel, royal dutch shell, sales, sales 2000, scott decarlo, south african companies, standard bank group, stock market, toyota motors, uba, united bank for africa, weak financial performance, west africa, world's 2000 biggest companies | Leave a Comment »
Posted on April 11, 2009 by Fortune&Class
It would seem as if major dealers of GSM network giant, continues here.
Filed under: BusinessNEWS | Tagged: acts and conducts, agreement, airtime, bank guarantee, call logs, celtel, collateral, commission, credit notes, dealers, doing business, econet wireless limited, EFCC, fortune&class weekly, gsm network giant, gsm service provider, horrifying story, millionaires, N120million per month, national communication commission, ncc, ongoing recharge service commission, outstanding debt, perpetual debt, recharge service commission, recharge voucher from zain, recruited, rewarding time, sim packs, stock invoice from zain, stockpile, strategic distribution partners, sub dealers, subscribers, super strategic distribution partners, target, v-network, zain | Leave a Comment »
Posted on April 5, 2009 by Fortune&Class
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Filed under: BusinessNEWS | Tagged: businesss, celtel, ernest ndukwe, exploitation, forensic accountant, lagos coastland region, national communication commission, ncc, news, obiora udu st. vincent, ongoing recharge service commission, Ori Adeyemo, orsc, petitioner, recharge service commission, revenue share, SIM pack pricing and incentives, SIMs, strategic distribution partner of zain, van der sints limited, vee network, zain | Leave a Comment »