Former Chairman of Bank PHB (now Keystone Bank), Prof. Pat Utomi, and the Economic and Financial Crimes Commission on Tuesday disagreed over the funding of his 2007 presidential campaign. The EFCC, through its counsel, Mr. Kemi Pinhero(SAN), said the defunct PHB had granted a N2.7bn loan to Baywood Continental Limited, […]
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Foreign investors eye stakes in Unity Bank
Foreign and local investors may buy stake in Nigeria’s Unity Bank Plc, which is currently seeking to expand its share of the country’s lucrative retail banking sector, investigation by our correspondent has revealed. The United Kingdom-based Development Partners International, Morocco-based Bank of Morocco and Lagos-based Verod Capital Management are among […]
Microsoft raises dividend, sets new $40 billion share buyback
Microsoft Corp raised its quarterly dividend to 28 cents per share and authorized a new share buyback program on Tuesday, two days before investors quiz the software giant on its next chief executive and a bold foray into mobile devices. The 5-cent increase in the dividend, worth about $400 million […]
