All posts by Ifreke Inyang
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First Bank, PenCom promote pension growth
First Bank of Nigeria Limited and its pension subsidiary, First Pension Custodian Nigeria Limited, say they are collaborating with the National Pension Commission to promote the growth of the sub-sector. Consequently, the group said it was sponsoring...
- Posted July 9, 2014
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Implement Local Content Act – Firm advises FG
To ensure that indigenous firms are given fair opportunities to compete with their foreign counterparts in executing government projects, SIAO, an accounting and auditing firm, has urged the Federal Government to ensure the implementation of the Local...
- Posted July 9, 2014
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Fidson Healthcare proposes N150m dividend
Fidson Healthcare Plc has proposed a dividend of N150m per share for the 2013 financial year. According to the company, this represents a payout of 10 kobo per ordinary share held. The dividend will be presented to...
- Posted July 9, 2014
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Nigerian food prices steady at end of Q2
Food prices held steady in Nigeria even as the Food and Agriculture Organisation (FAO) food price index showed a decline for a third consecutive month in June. The decline was mostly influenced by lower wheat, maize and...
- Posted July 9, 2014
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CBN extends parallel implementation of Basel II
Following the initial challenges observed in the parallel run of the Basel II accord, the Central Bank of Nigeria (CBN) has directed banks to continue its implementation for an additional period of three moths. According to the...
- Posted July 8, 2014
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Investors gain as African Equity Markets close positively
African equity markets have shown prospects of delivering positive returns at the end of 2014, going by their performance in the first half (H1) of the year. THISDAY checks revealed investors in the major African markets recorded...
- Posted July 8, 2014
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CBN to raise N70.55bn from Treasury Bills
The Central Bank of Nigeria will raise N70.55bn by issuing three and six-months Treasury Bills at an auction on Wednesday. The bank said it would raise N20.15bn in the three-month bill and N50.40bn in the six-month note,...
- Posted July 8, 2014
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Unilever holds Africa Investment Conference in Lagos
Unilever Africa at the weekend held its ‘Partner to Win Investment Conference’ in Lagos. The conference which is an on-going tour on the African continent focuses on sensitising suppliers and business leaders on investment opportunities available in...
- Posted July 8, 2014
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Lagos seeks collaboration with NIPCO on LPG
The Lagos State Commissioner for Energy and Mineral Resources, Mr. Taofiq Tijani has called for more strategic partnership between the state government and NIPCO Plc to further enhance usage and availability of Liquefied Petroleum Gas (LPG), otherwise...
- Posted July 8, 2014
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No Nigerian bank among top 290 globally – Report
A new report has revealed that no Nigerian bank is among the top 290 banks in the world. The report, however, showed that 13 of the banks operating in the country were among the top 1,000 in...
- Posted July 8, 2014