All posts by BusinessNews Staff

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  FCMB Bank (UK) Limited Launches Personal and Business Banking Proposition to Deepen Inclusiveness

  FCMB Bank (UK) Limited, an independently incorporated subsidiary of First City Monument Bank Limited (which is a member of FCMB Group Plc), has introduced its Personal and Business banking proposition in London, United Kingdom and Lagos, Nigeria...

  • Posted August 1, 2018
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  The Worrisome Trend of Sensational Social Media “Journalism” and the Impact On Legitimate Business Concerns: Recent Travails of FCMB, GTBank and First Bank

  On June 25, 2018 I woke up to yet another social media trend – a news story with the bold and quite salacious headline “How Safe Are Customer Deposits At FCMB?” had taken over the digital airwaves....

  • Posted June 26, 2018
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  FCMB attains ISO Certification for Quality Management

  Leading financial services provider, First City Monument Bank (FCMB), has been awarded the prestigious International Organisation for Standardisation (ISO) 9001:2015 certificate for Quality Management System. The Bank was presented with the certificate by the Standards Organisation of...

  • Posted May 16, 2018
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  Over 1,000 firms bid for 2017 railway projects

  Over 1000 companies expressed interest in 17 categories of projects for the 2017 capital projects of the Nigerian Railway Corporation (NRC). The Managing Director of the NRC, Engr. Fidet Okhiria disclosed this on Tuesday while declaring open...

  • Posted October 20, 2017
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  NAICOM moves to enforce compulsory insurance of public buildings

  To drive the enforcement of the compulsory insurance of public buildings across the country, The National Insurance Commission (NAICOM) in Abuja has inaugurated a technical committee. The committee was inaugurated by NAICOM’s Commissioner for Insurance, Mr Mohammed...

  • Posted October 20, 2017
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  Reps ask NPA to reverse termination of agreement with Intels

  The House of Representatives yesterday waded into the ongoing controversy between the Nigeria Ports Authority (NPA) and Intels Nigeria Limited. The House, while adopting a motion by Rep Diri Douye (PDP, Bayelsa), resolved to constitute an ad...

  • Posted October 19, 2017
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  SEC suspends Oando shares from stock market

  The Securities and Exchange Commission has ordered the Nigerian Stock Exchange to suspend trading on the shares of Oando Plc. The commission said in a circular yesterday it had carried out a comprehensive review of the petitions...

  • Posted October 19, 2017
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  Fossil fuel demand to by 25% by 2040 – OPEC

  Fossil fuel demand will reduce by nearly 25 percent in the next two decades, the Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Mohammed Sanusi Barkindo has said. Speaking at the SPE Kuwait Oil &...

  • Posted October 19, 2017
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  Abuja DisCo meters 88,000 customers, targets 120,000 by December

  The Managing Director of Abuja Electricity Distribution Company (AEDC), Ernest Mupwaya said his company has installed 88,000 meters and would install 120,000 units by December 2017 to tackle complaints on estimated billing. upwaya said this at the...

  • Posted October 18, 2017
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  NERC delays electricity tariff review for fourth time

  The implementation of the Multi-Year Tariff Order (MYTO) framework for electricity pricing has again been delayed for the fourth minor review which occurs every six months. Daily Trust reports that the tariff which should now be at...

  • Posted October 18, 2017
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