19 Nigerians Arrested in Nairobi for Fraud

Nineteen Nigerians residing in Nairobi were arrested today in a police swoop for involvement in electronic fraud.

According to the Standard newspaper of Kenya, the suspects were arrested in Umoja, Kasarani and Roysambu Estates within Nairobi for engaging in electronic fraud targeting Kenyans.

Stanbic IBTC declares N10.1b first half dividend

The board of directors of Stanbic IBTC Holdings Plc has recommended 66.7 per cent increase in interim dividend payout as the financial services holding company grew net profit by 79 per cent to N43.08 billion in the first half of 2018.

The board of directors yesterday indicated that shareholders will receive N10.11 billion as interim dividend for the first half of 2018, representing interim dividend per share of N1 as against 60 kobo paid for the corresponding period of 2017.

Under a resolution passed at its extraordinary general meeting in August 2016, shareholders of Stanbic IBTC Holdings may choose to receive dividends declared by the company, up to year 2020, either in cash or as new ordinary shares in the company.

Wema Bank unveils hospital management solution system

Wema Bank Plc has launched a comprehensive Hospital Management Solution System. The solution was designed to enhance day-to-day operations of hospitals in Nigeria by digitizing core administrative processes and patient data management in medical centres.

The Hospital Management Solution System is a one stop-shop single technology platform that enables patients make payment (cash or card) at various cash points. It improves the daily operations of hospitals and medical centres by providing a simple, transparent, accountable and integrated solution for better returns for the hospitals and a seamless experience for the patient.

It has the capacity to generate reports such as; accounting, revenue collections/volume, transactions, intelligence report, inventory management reports etc.

FBNQuest Merchant Bank gets Agusto & co ‘A’ rating

A statement made available to The Nation and published on the website of the rating agency, explains that the rating recognises FBNQuest MB’s good capitalisation and good profitability during the period, supported by its acceptable asset quality, investment banking expertise and trading activities.

The statement further said; “The rating assigned to FBNQuest Merchant Bank Limited (‘FBNQuest MB’ or ‘the Bank’) reflects the Bank’s affiliation with FBN Holdings, the non –operating holding company of one of the largest banking and financial services organisations in Africa with an asset base of ₦5.2 trillion ($15.7 billion @ ₦331/$) as at 31 December 2017.”

It added; “FBNQuest MB ranked first on local currency deposits of the five merchant banks operating in Nigeria as at FYE2017, but ranked fourth by total assets and contingents.

Nigeria dominates economies of West, Central Africa

The 3rd Annual Maritime Conference holding in Lagos has unveiled that Nigeria controls 70 per cent of the economies of West and Central Africa.

The conference with the theme, “ Port Costs and Ports Charges: A Recurring Decimal under Port Reform Regime”, was held in honour of Dr. Taiwo Afolabi, Group Executive and Vice Chairman, SIFAX Terminal.

The Chairman, Nigerian Ports Consultative Council (PCC), Chief Kunle Folarin, who is also a maritime economist, said Nigerian dominance was far from the formal trade alone and would certainly be bigger if “we consider the informal trade aspects of cargo movements’’.

Checkout 10 Surprisingly Common Ways People Die In Their Sleep – Must Read

Next to eating a healthy diet and getting enough exercise, getting adequate sleep is a staple cornerstone to a healthy life. But did you know that sleeping can also be dangerous?

There are actually a number of things that can go wrong when you close your eyes and slip into unconsciousness—and for some people, the danger is real enough that they never wake up again.

Golden Sugar Internship Program (GSIP) at Flour Mills of Nigeria 2018 – Apply Now

Flour Mills of Nigeria Plc has been a part of the lives of Nigerians at home and abroad. Our global vision is to be a leading foods company in Africa providing high quality and affordable products in the most convenient ways to consumers through world class brands like Golden Penny Flour, Golden Penny Semovita, Goldenvita, Golden Pasta and Golden Noodles.

The Company’s flagship brand, Golden Penny, remains one of the best known and the preferred brands amongst bakers, confectioneries and consumers in Nigeria.

Latest Recruitment at Shell Petroleum Development Company (SPDC) – Apply Now

Shell Petroleum Development Company (SPDC) is the pioneer and a leader in the oil and gas industry in Nigeria. We invest heavily in our employees, which is reflected in our industry-leading development programmes.