Dangote Refinery to employ 2,000 engineers
The coming on stream of the Dangote Refinery and Petrochemicals will go a long way in bringing the much desired resolution to the unemployment crisis ploughing the nation as the company would engage...
View ArticleAnchor Borrower Programme: CBN disburses N174. 48bn through 19 banks
Indications have emerged that the Central Bank of Nigeria (CBN) has since the inception of the Anchor Borrowers Programme in 2015, disbursed a total of N174. 48 billion through 19 financial...
View ArticleOnitsha: 5 injured, 70 tricycles damaged as operators protest extortion
PHIL OKOSE, Onitsha No fewer than five persons allegedly sustained various degrees of injuries and over 70 tricycles damaged as tricycle (Keke NAPEP) operators under the platform of Keke Drivers...
View ArticleMAN seeks govt, private sector collaboration to restore manufacturing sector...
COMFORT EKELEME In the light of continued rise in population and the increase of poverty in Kano, the Manufacturers Association (MAN) has stressed the need for collaborative efforts from the government...
View ArticleGTB shareholders approve N2.75 total dividend payment for 2018
COMFORT EKELEME Shareholders of Guaranty Trust Bank (GTB) Plc have endorsed the payment of a total dividend of N2.75 per share for the financial year ended December 31, 2018. The shareholders gave the...
View ArticleNigeria, France sign new agreement
The National Film and Video Censors Board (NFVCB) and the Alliance Francaise have signed an agreement to showcase and distribute the two countries’ movies through the “French-Nigerian Film Distribution...
View ArticleStop dealing with consultants on revenue remittances, RMAFC workers warn banks
SUNDAY ODE, Abuja Aggrieved Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) staff have warned commercial banks to desist from dealing with consultants on issues concerning revenue...
View ArticleAccess Bank shareholders approve 50 kobo total dividend
COMFORT EKELEME Shareholders of Access Bank have approved a total dividend payout of N0.50 kobo for the 2018 financial year ended December 31, 2018. The amount translated to N14.463 billion. The board...
View ArticleN50m minimum capital base: 200 Microfinance banks risk losing license
COMFORT EKELEME Indications have emerged that no fewer than 200 Microfinance Banks (MfBs) may be affected by the new Central Bank of Nigeria (CBN) guidelines that put minimum capital base for Tier-2...
View ArticleFraudsters now working inside banks – EFCC boss
UGO AMADI, Business Editor The recent outburst by the acting chairman, Economic and Financial Crimes Commission (EFCC), Ibrahim Magu , on fraudsters now working inside banks which has caused Nigerian...
View ArticleFidelity Bank begins 2019 high, records strong Q1 results
Following its impressive full year results for 2018 released recently, Fidelity Bank Plc has began the new financial year strongly, posting a very impressive first quarter result. Details of the top...
View ArticleDangote donates 2,160 bed space students’ hostels to Ahmadu Bello...
Africa’s foremost businessman and Chairman of Aliko Dangote Foundation, Alhaji Aliko Dangote has made yet another critical intervention in the educational sector when he donated fully equipped 2,160...
View ArticleFG should support us financially to boost industrial development in Taraba...
EMMANUEL AWARI, Jalingo An appeal has been made to the Federal Government to come to the aid of both existing and moribund industries in Taraba State. The Managing Director, Taraba investment and...
View ArticleNPA laments condition of port access road
UGO AMADI Members of the Board of Directors of the Nigerian Ports Authority (NPA) have added their voice to the perennial traffic gridlock on road leading to Port in Apapa and Tin-Can Island. While...
View ArticleFBN Holdings pay N9.3bn as dividends for 2018 business year
COMFORT EKELEME Shareholders of FBN Holdings Plc at the weekend approved the payment of N9.3billion as dividends for the financial year ended December 31, 2018. The shareholders gave the approval at...
View ArticleCBN boosts forex market with $205m
The interbank segment of the Foreign Exchange Market has received a boost of $205 million from the Central Bank of Nigeria (CBN) following the sales concluded on Tuesday, May 7, 2019. Figures obtained...
View ArticleFEC approves N970.2m for Nigeria Customs’ barracks
The Federal Executive Council (FEC) on Wednesday approved the sum of N970.2 million for the provision of residential accommodation for the Nigeria Customs Service (NCS). Minister of Finance, Mrs Zainab...
View ArticleABCON endorses CBN’s banknote fitness guidelines
COMFORT EKELEME The Association of Bureaux De Change Operators of Nigeria (ABCON) has commended the Central Bank of Nigeria (CBN) Clean Note Policy and Banknote Fitness guidelines meant to remove...
View ArticleAGM conducts: SEC to create sub rules
COMFORT EKELEME In a bid to ensure that investors get more value for their investments and thereby positively impact on their earnings per share, the Securities and Exchange Commission (SEC) is seeking...
View ArticleCEO of manufacturing companies tasks FG on expansion of other ports
COMFORT EKELEME Chief Executive Officers (CEOs) of Manufacturing Companies in Nigeria has called on the federal government to repair and expand the roads leading to Lagos Ports and make other ports...
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