NCC, Airtel, LASIMRA, others set for NITRA telecoms seminar
STAN OKENWA Stakeholders from public and private sectors at Federal and State levels are set for the third quarter seminar series being organised by the Nigeria Information and Communication Technology...
View ArticleBashar deepens Customs relations with agencies, agents at Tincan port
STAN OKENWA The Customs Area Controller at Tincan Island Port, Comptroller Bashar Umar has continued to boost inter-agency and stakeholders’ relations at the Tincan Island Ports. The Controller...
View Article2016 AACB conference: Task before Governors
COMFORT EKELEME Although the 39th Ordinary meeting of the Assembly of Governors of the Association of African Central Bank Governors (AACB) has come and gone what is upper most in the minds of...
View Article2016 Elumelu Foundation Entrepreneurship Forum holds October
The 2016Tony Elumelu Foundation Entrepreneurship Forum is scheduled to hold in Lagos, effective Thursday October 27, to Saturday 29, October. The TEF Forum is an annual gathering of selected...
View ArticleUnion Bank unveils newly upgraded branches in Port Harcourt
In line with its objective to provide simpler and smarter banking solutions to its existing and prospective customers, Union Bank of Nigeria Plc .has launched two newly upgraded branches in Rivers...
View ArticleTUC decries alleged plan to increase fuel price
UFOMBA UZUEGBU, Asst News Editor Piques by the recent call by the management of Nigerian National Petroleum Corporation (NNPC) for an increase in the pump price of premium motor spirit (PMS) from N145,...
View ArticleNSE opens 2016 Essay Competition to promote financial literacy
The Nigerian Stock Exchange (NSE) has announced the commencement of its 2016 edition of the NSE Essay Competition for students in Senior Secondary Schools in all states of the federation. The topic for...
View ArticleITF to train 9,500 youth on skills development
FLORENCE UDOH Industrial Training Fund (ITF) has commenced training of 9500 youth on skills development programme. Speaking at an interactive section with newsmen in Lagos on Monday, the acting...
View ArticleFG moves to save domestic airlines from total collapse
LEO ALIGWO, Business Editor Necessary measures are being imitated by the Federal Government to save the operations of domestic airlines from total collapse, the Minister of State for Aviation, Sen....
View ArticleIllegal importation of goods into Nigeria hits $5bn yearly —W/Bank report
STAN OKENWA The World Bank has revealed that a whopping $5 billion (about N750 billion) goods smuggled into Nigeria through neighbouring Benin Republic and other West African countries annually remains...
View ArticleOkonkwo woos investors to capital market
Managing Director of Fidelity Bank, Mr. Nnamdi Okonkwo, has urged investors to take advantage of the current low prices of stocks to invest in the Nigerian Stock Exchange (NSE). He made it clear that...
View ArticleCBN to place fraudulent bank customers on watch-list
The Central Bank of Nigeria (CBN) yesterday said it is working out regulatory framework that would enable it to either blacklist fraudulent bank customers, or at least, place them on watch-list across...
View ArticleFG working to encourage made in Nigeria textile
EBOJELE AKHERE PATRICK, Benin The Federal Government, on Thursday in Benin, said it is working out ways to ensure that made in Nigeria textile is patronise by Nigerians. The minister of state for...
View ArticleFirst Bank denies violating FG’s directive on TSA
First Bank has denied violating the Federal Government’s directive on the Treasury Single Account in respect of a Nigerian National Petroleum Corporation dollar account. The bank in a statement on...
View ArticleFidelity Bank MD, explains why DMBs don’t give long term loans
COMFORT EKELEME Group Managing Director, Fidelity Bank Plc Mr. Nnamdi Okonkwo, has explained reasons why Deposit Money Banks (DMBs) in Nigeria do not give long term credit facilities, saying that...
View ArticleCBN retains interest rates
COMFORT EKELEME The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) rose from its two-day meeting and retained all key indicators. In a communiqué, the CBN Governor, Mr. Godwin...
View ArticleOando sells 49% stake in gas, power subsidiary for N35b
Oando Plc has agreed to sell 49 per cent equity stake in its midstream subsidiary, Oando Gas and Power (OGP) Limited to a new major investor for $115.8 million (about N34 billion), at the current...
View ArticleNaira crashes to 436 as dollar reserves shrink
The naira hit a new record low of 436 against the United States dollar at parallel market on Thursday, down from 428 on Wednesday, as dollar shortages on the official market persist. The development...
View ArticleAmaechi inaugurates NPA, NIMASA boards, seeks for accountability
STAN OKENWA The Minister of Transportation, Rt. Hon. Rotimi Chibuike Amaechi has charged members of the Governing Board of the Nigerian Maritime Administration and Safety Agency (NIMASA) and that of...
View ArticleAppeal Court: Keystone Bank’s ex-MD must face trial
The Court of Appeal, Lagos Division, yesterday held that former Keystone Bank (former Bank PHB) Managing Director Francis Atuche must face trial for alleged N25.7b theft. The court upheld the appeal...
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