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Breaking News
  • [ February 21, 2019 ] Oyo APC guber candidate meets with pensioners, promises transformation Politics
  • [ February 21, 2019 ] Elections: 5,500 policemen deployed in Adamawa — CP Metro
  • [ February 21, 2019 ] APC members in diaspora task INEC over Saturday’s elections Politics
  • [ February 21, 2019 ] Lagos CP expresses command’s readiness for the polls Metro
  • [ February 21, 2019 ] Nigeria among leaders in renewable energy, says Fashola Energy
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Articles by Sundiatapost Admin

Top Stories

U.S. citizen leaks data on thousands in Singapore with HIV, government says

January 28, 2019 Sundiatapost Admin 0

SINGAPORE (Reuters) – An HIV-positive American has leaked online the names of 14,200 Singaporeans and foreigners also diagnosed in the city-state with the human immunodeficiency virus, the Health Ministry said on Monday. U.S. citizen Mikhy […]

Foreign

Pope fears bloodshed in Venezuela, not taking sides for now

January 28, 2019 Sundiatapost Admin 0

By Philip Pullella ABOARD THE PAPAL PLANE (Reuters) – Pope Francis said on Sunday he feared bloodshed in Venezuela but that it was premature for him to take sides because it could cause more damage. […]

News

Nigeria rejects foreign ‘meddling’ over chief justice suspended before February vote

January 28, 2019 Sundiatapost Admin 0

By Felix Onuah ABUJA (Reuters) – The Nigerian government said it would not accept any foreign “meddling” after the European Union, United States and Britain raised concerns over last week’s suspension of Nigeria’s most senior […]

News

Police arraign 2 men for allegedly stealing a phone from mosque

November 30, 2018 Sundiatapost Admin 0

The police has arraigned two men, Tijani Rasheed, 29 and Tosin Oluwafemi, 30, in an Ile-Ife Magistrates’ Court for allegedly stealing a cellphone from a mosque The prosecutor, Insp Emmanuel Abdullahi, told the court that […]

News

Desist from night journey-NEMA advises motorists

November 30, 2018 Sundiatapost Admin 0

The National Emergency Management Agency (NEMA) has advised Nigerians to avoid traveling at night, especially during the yuletide, saying that night journey could put travelers in more danger, particularly accident. The Head of Imo/Abia operations […]

Foreign

German ex-nurse admits killing 100 patients in his care

October 30, 2018 Sundiatapost Admin 0

An ex-nurse in Germany has admitted at the start of his trial that he murdered 100 patients, making him one of the world’s most prolific serial killers. Detectives say Niels Högel, 41, administered fatal doses […]

Business

Apple expected to unveil iPads with facial recognition

October 30, 2018 Sundiatapost Admin 0

Apple Inc (AAPL.O) on Tuesday is expected to unveil updates to its Mac computers and iPads that include facial recognition features that have been available in the iPhone lineup at an event in Brooklyn. Analysts […]

Foreign

34 migrants drown in Mediterranean shipwreck, 26 survivors – UN

October 3, 2018 Sundiatapost Admin 0

GENEVA      –      Some 34 migrants have died in a shipwreck in the western Mediterranean, which 26 people survived, the U.N. migration agency said on Tuesday, citing the Moroccan navy and a Spanish aid […]

Economy

Regulator says South Africa’s Eskom can recover $2.25 bln over four years

October 3, 2018 Sundiatapost Admin 0

JOHANNESBURG    – South African energy regulator NERSA on Tuesday gave power utility Eskom the go-head to recover 32.69 billion rand ($2.25 billion) of costs incurred over the past three years through higher tariffs over […]

Foreign

Libya’s Haftar still supports elections but sees others stalling

October 3, 2018 Sundiatapost Admin 0

BENGHAZI,    –     Libyan commander Khalifa Haftar, a key figure in the future of the troubled North African country, still supports plans for national elections in December but says other players are not fulfilling their […]

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Top Stories

Plateau: Gunmen kill Speaker’s driver, security personnel

August 26, 2018 Sundiatapost Admin 0

Unidentified gunmen have killed Mr. Azi Magaji, head driver to the Plateau House of Assembly Speaker, and Mr. Edward Ankpa, a security personnel with the Jos University Teaching Hospital (JUTH) DSP Terna Tyopev, the Plateau […]

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Economy

Analysts Predict Brighter Future for Nigeria’s REITs Market

January 19, 2018 Sundiatapost Admin 0

By Nse Anthony-Uko (Sundiata Finance) — Real estate analysts have predicted a highly upbeat trend for Nigeria’s Real Estate Investment Trust (REITs) market in 2018 and beyond. Nigerian REITs market is underdeveloped with only three […]

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Economy

UBA, Facebook Launches Leo, Chat Banking Platform

January 11, 2018 Sundiatapost Admin 1

By Nse Anthony-Uko (Sundiata Finance) – United Bank of Africa (UBA), has launched an artificial intelligence (AI) banking which rides on social networks by offering seamless transactions for its customers through a collaboration with Facebook. […]

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News

Premium Pension Boss Targets N1trn Pension Assets

January 11, 2018 Sundiatapost Admin 0

By Nse Anthony-Uko (Sundiata Post) — The new managing director and chief executive officer of Premium Pension Limited(PPL), Mr. Umar Sanda Mairami is targeting to grow the pension assets base of the company from its […]

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Banking

Union Bank To Deploy Fresh Capital To Business Areas In 2018

January 11, 2018 Sundiatapost Admin 0

By Nse Anthony-Uko (Sundiata Finance) – Chief executive officer of Union Bank, Mr. Emeka Emuwa, has the bank would deploy fresh capital across identified business areas and it is expected to increase capacity to serve […]

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Capital Market

Restructuring: 7-UP Major Owner Raises Offer Price To N125 Per Share

January 11, 2018 Sundiatapost Admin 0

By Nse Anthony-Uko Seven-Up Bottling Company (7UP) announced that its majority shareholder, Affelka S.A, a privately-owned Lebanese firm, has revised the scheme consideration upward to N125 per share. It would be recalled that Seven-Up Bottling […]

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News

BVN: Mortgage, Microfinance Banks’ Customers, Others Barred From Withdrawals

January 11, 2018 Sundiatapost Admin 0

By Nse Anthony-Uko (Sundiata Finance) — The Central Bank of Nigeria (CBN) has directed Other Financial Institutions (OFIs) to place all accounts without Biometric Verification Number (BVN) on a ‘post no debit’ status. OFIs operators […]

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Banking

Nigerian Stock Market Upbeat, Crosses 40,000 Points To 4-year High

January 9, 2018 Sundiatapost Admin 0

By Nse Anthony-Uko (Sundiata Finance) – Nigerian stocks have rallied to their highest level since 2014, as the dust settles on a bruising economic recession that hammered company profits and share prices. The All Share […]

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Banking

Diamond Bank Receives ISO/IEC 20000-1:2011 Certification On Infotech Security

January 9, 2018 Sundiatapost Admin 0

By Nse Anthony-Uko (Sundiata Finance) – Diamond Bank has been awarded the  ISO/IEC 20000-1:2011 certification by the British Standard Institute (BSI) Group. The certification, which was awarded after a rigorous process and systems audit by […]

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Capital Market

Vitafoam To Pay N156.3m Dividend For 2017

January 9, 2018 Sundiatapost Admin 0

By Nse Anthony-Uko (Sundiata Finance) — The board of directors of Vitafoam Nigeria Plc on Monday recommended a total dividend payout of N156.3 million to its shareholders for the financial year ended September 30, 2017. […]

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Banking

CBN To Fine Banks N10,000 Per Week for Payment Infractions

January 9, 2018 Sundiatapost Admin 0

By Nse Anthony-Uko (Sundiata Finance) – The Central Bank of Nigeria (CBN) has said banks that failed to comply with its payments system rules and regulations will be sanctioned N10,000 per week. The apex bank […]

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Capital Market

Dangote Cement, Zenith, UBA, Diamond, GTBank, UACN, Flour Mills top Analysts 2018 Picks

January 8, 2018 Sundiatapost Admin 0

(Sundiata Finance) – With optimism that stocks would extend the gains seen in 2017 in the New Year, analysts have identified stocks that could drive such a rally. The All Share Index was up 42 […]

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Capital Market

Flourmills To Commences N39.9bn Rights Issue

January 8, 2018 Sundiatapost Admin 0

By Nse Anthony-Uko (Sundiata Finance) – Flour Mills of Nigeria (FMN) Plc at the weekend said it would be raising an additional capital of N39.9 billion through its existing shareholders. Following the receipt of shareholders’ […]

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News

Legacy Pension Restructures Amidst FCMB Takeover

January 8, 2018 Sundiatapost Admin 0

By Nse Anthony-Uko (Sundiata Finance) – Following the recent acquisition of 60 per cent stake in Legacy Pension Managers by First City Monument Bank (FCMB) Group, bringing its interest in the company to 88 per […]

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Banking

Fitch Forecast Lower Profitability For Nigerian Banks This Year

January 4, 2018 Sundiatapost Admin 0

By Nse Anthony-Uko (Sundiata Finance) — Fitch, a global credit rating agency, has predicted negative outlook for Nigerian banks this year over continued fragility in the operating environment, stating that they may find it more […]

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News

FMDQ Achieves N130trn Turnover In 11 Months

January 4, 2018 Sundiatapost Admin 0

10 dealing members account for N93.36trn By Nse Anthony-Uko (Sundiata Finance) — FMDQ OTC Securities Exchange recorded a turnover of N130.17 trillion in the first 11 months of 2017. With average exchange rate of N317.24 […]

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Banking

Fidelity Bank, Stanbic, FBN Holdings Emerge Best Performing Banking Stocks in 2017

January 2, 2018 Sundiatapost Admin 0

By Nse Anthony-Uko (Sundiata Finance) — A Tier- II lender, Fidelity Bank Plc has emerged as best performing bank stock in 2017 on The Nigerian Stock Exchange (NSE) as it has rallied by 193 per […]

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Capital Market

Nigeria’s NSE Gains 41.3%, Emerges World’s 3rd Best In 2017

December 29, 2017 Sundiatapost Admin 0

By Nse Anthony-Uko (Sundiata Finance) – The Nigerian Stock Exchange (NSE) has emerged as the world third best performing stock market for 2017 among major global stock exchanges. Its 41.30 per cent year to date […]

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News

NSE Lists FGN $300m Diaspora Bond, $3bn Eurobonds On Platform

December 22, 2017 Sundiatapost Admin 1

FG restates commitment to reduce cost of debt By Nse Anthony-Uko (Sundiata Post) – The Nigerian Stock Exchange (NSE) has admitted the FGN 30 year $1.5 billion Euro Bond, FGN 10 year $1.5 billion Euro […]

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News

ISTF Earmarks 100m Euro Support for Cotton in Cameroun

December 19, 2017 Sundiatapost Admin 0

YAOUNDE, (Sundiata Finance) — The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IDB) Group (www.IsDB.org), signed a EUR 100 million syndicated agreement with the Government of Cameroon and […]

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Capital Market

Dangote Sells $350m Stake In Cement Firm To Foreign Investor

December 19, 2017 Sundiatapost Admin 0

(Sundiata Finance) – Dangote Cement on Monday sold 550 million shares worth $350 million at N225.7 each to the African Fun of a foreign investment company, in a one-stock market deal. The deal was between […]

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Capital Market

Equities Market Loses N170bn

December 18, 2017 Sundiatapost Admin 0

By Nse Anthony-Uko (Sundiata Finance) — The Nigerian Stock Excgange (NSE)equities market, Monday lost N170 billion, beginning the week in the red. In summary, the All Share Index (ASI) shed 478.12 absolute points, representing a […]

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Banking

Banks Earn 64% of NSE 30 Profits In Q3

December 11, 2017 Sundiatapost Admin 0

(Sundiata Finance) — Banks accounted for 64.2 per cent of NSE 30 Index’s profits earned in the first nine months of 2017 as the sector provides over 50 per cent liquidity on the exchange. Zenith […]

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Banking

Bank Cheques To Clear Within Hours Soon

December 10, 2017 Sundiatapost Admin 0

By Nse Anthony-Uko (Sundiata Finance) — Bank customers would soon be able to clear their cheques within hours thus paving the way for faster financial transactions within the country. Currently, bank cheques clear in 24 […]

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Capital Market

Union Bank Lists Additional 51.3m Shares On NSE

December 10, 2017 Sundiatapost Admin 0

By Nse Anthony-Uko The Nigerian Stock Exchange (NSE) has admitted an additional volume of 51.3 million ordinary shares of 50 kobo each of Union Bank of Nigeria Plc on the daily official list of the […]

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Banking

Access Bank Boosts Customers’ Experience, Upgrades Mobile, Internet Banking Platforms

December 10, 2017 Sundiatapost Admin 0

By Nse Anthony-Uko (Sundiata Finance) – Access Bank Plc has upgraded its Mobile and Internet banking platforms to provide an Omnichannel experience alongside a range of new and exciting features. The Omnichannel experience simply means […]

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News

WorldRemit Raises $40m To Target 5m Customers In Africa

December 8, 2017 Sundiatapost Admin 0

By Nse Anthony-Uko (Sundiata Finance) – Leading digital money transfer service WorldRemit has raised $40 million to drive its next phase of global growth, aiming to serve 10 million customers connected to emerging markets. Half […]

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Economy

Foreign Direct Remittances To CBN Hit $5.8bn In 9 Months

December 8, 2017 Sundiatapost Admin 0

By Nse Anthony-Uko (Sundiata Finance) – Total direct remittances under the watch of Central Bank of Nigeria (CBN) in nine months of 2017 rises to estimated N1.8 trillion or $5.8 billion, current data has shown. […]

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News

Accion MFB Disburses N79.8bn Loan To SMEs

December 8, 2017 Sundiatapost Admin 0

Plans Expansion to North, FCT By Nse Anthony-Uko (Sundiata Finance) – Accion Microfinance Bank said it has disbursed a total of N79.8 billion to its customers between 2007 when it commenced business operations in Nigeria […]

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Capital Market

Stock Market Heads For Impressive Performance To Close 2017

December 6, 2017 Sundiatapost Admin 0

By Nse Anthony-Uko (Sundiata Finance) – Equities trading on the Nigerian Stock Exchange (NSE) for the month of December began on the positive note, as capital market operators see stocks market record overall impressive performance […]

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  • Oyo APC guber candidate meets with pensioners, promises transformation February 21, 2019
  • Elections: 5,500 policemen deployed in Adamawa — CP February 21, 2019
  • APC members in diaspora task INEC over Saturday’s elections February 21, 2019
  • Lagos CP expresses command’s readiness for the polls February 21, 2019
  • Nigeria among leaders in renewable energy, says Fashola February 21, 2019
  • Ogun guber poll: Accord Party official denies endorsement of ADC candidate February 21, 2019
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