All posts by BusinessNews Staff

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  Law Union & Rock records N333.7m profit for Q1

  Law Union & Rock Insurance Plc said its profit before tax rose to N333.7m in first quarter of this year from N227.8m in the same period of 2014. A statement from the firm on Monday said it...

  • Posted May 19, 2015
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  60,000 benefit from N200bn loans – Diamond Bank

  The Regional Manager, Diamond Bank Plc, Ibadan, Mr. Oluropo Olanrewaju, says the bank has granted about N200bn loans to 60,000 Small and Medium-Scale Enterprises under its BusinessXpress account. Olanrewaju made this known at the 50th edition of...

  • Posted May 19, 2015
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  Court stops hearing on code of corporate governance

  The Financial Reporting Council of Nigeria has cancelled the public hearing on the draft National Code of Corporate Governance scheduled to hold on Tuesday (today). The Chairman, FRC, Hajia Maryam Ibrahim, said this at a press briefing...

  • Posted May 19, 2015
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  Accountancy vital to African economic confidence –Expert

  The Institute of Chartered Accountants in England and Wales says a strong accountancy and finance profession is vital for the development of Africa’s national economies. The Senior Adviser, International Development, ICAEW, Mr. Tony Hegarty, who stated this,...

  • Posted May 19, 2015
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  Nigeria, S’Africa, Kenya plan ETF cross-listings

  South Africa, Nigeria and Kenya are planning to cross-list more exchange-traded funds on their stock markets to boost liquidity of the securities, according to the Johannesburg Stock Exchange. “We reached out to East Africa and West Africa,”...

  • Posted May 19, 2015
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  Heritage Bank unveils initiative for Children’s Day

  Heritage Bank says it is offering school children across the country an innovative way to celebrate the 2015 Children’s Day through what it calls ‘My Day as a Banker’ experience. The bank said in a statement that...

  • Posted May 19, 2015
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  SEC takes investor education to NYSC orientation camps

  The Securities and Exchange Commission is hoping to increase participation in the country’s capital market by targeting and exposing graduates to opportunities in the market. The commission, which has organised series of investor education programmes for Nigerians...

  • Posted May 18, 2015
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  Dangote Cement’s African projects already supporting growth — CEO

  The Chief Executive Officer, Dangote Cement Plc, Mr. Onne van der Weijde, has said the cement producer’s expansion projects in Africa have started contributing to its revenue growth. Weijde said this following the release of the company’s...

  • Posted May 18, 2015
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  Professionals move to enhance economic growth

  The League of Abiriba Professionals says it is committed to enhancing economic growth across the country, especially in Abia State. As a result, the group said it was planning to invest N60m to build a skill acquisition...

  • Posted May 18, 2015
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  GTB introduces mobile fund transfer platform

  Guaranty Trust Bank Plc says it has inaugurated another innovative mobile channel which enables its customers to transfer money to both GTB customers and other bank account holders in Nigeria. According to a statement by the lender,...

  • Posted May 18, 2015
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