All posts by Ifreke Inyang

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  GSK pays N1.2bn dividend, pledges more investment

  Shareholders of GlaxoSmithKline (GSK) Consumer Nigeria Plc yesterday approved a dividend of N1.243 billion for the year ended December 31, 2103 even as they commended Chief Olusegun Osunkeye for his contributions to the growth of the company...

  • Posted June 13, 2014
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  CBN remains very independent – Emefiele

  The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, yesterday said the central bank remains “very independent,” dismissing fears of government interference after the president ousted the previous governor in February. Reuters quoted Emefiele to have...

  • Posted June 13, 2014
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  UBA in aggressive deposit mobilisation

  United Bank for Africa has introduced a new product targeted at the younger generation as part of its efforts to mobilise savings deposit. The bank said it was set to build a new generation of loyal customers...

  • Posted June 13, 2014
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  Taxation: Non-compliance by banks, MDAs worries FIRS

  The Federal Inland Revenue Service has said that non-compliance by banks, Ministries, Departments and Agencies of government is one of the challenges confronting tax administration in the country. The State Monitor of Government Business Tax Office, Osogbo,...

  • Posted June 13, 2014
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  Nigeria markets gas potential at World Petroleum Congress

  Nigeria will be actively participating in this year’s World Petroleum Congress scheduled for Moscow, and will be bringing to fore its natural gas programmes. This year’s theme for the Congress is, ‘Responsibly Energising a Growing World,’ and...

  • Posted June 13, 2014
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  Allison-Madueke loses bid for OPEC job

  The Organisation of Petroleum Exporting Countries on Wednesday agreed to keep its current Secretary-General, Libyan Abdullah al-Badri, thus not confirming the nomination of President Goodluck Jonathan for the influential position. Jonathan had nominated the Minister of Petroleum...

  • Posted June 13, 2014
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  MainOne enhances metro fibre connectivity in Lagos

  MainOne has hosted business concerns in Lagos to a breakfast forum aimed at showcasing its metro fiber connectivity solutions for increased productivity and improved business profitability. The session tagged “Powering business with Reliable connectivity: The MainOne Advantage”,...

  • Posted June 13, 2014
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  FG’s revenue hits N922billion in April

  Federally collected revenue stood at N922.08 billion as at April 2014, a report has shown. The amount exceeded the receipts in the preceding month and the corresponding period of 2013 by 5.3 and 17.2 per cent, respectively....

  • Posted June 12, 2014
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  Banks urged to remit proceeds of agric loan repayment

  Deposit Money Banks (DMBs) participating in the Commercial Agricultural Credit Scheme (CACS) have been advised to commence the repatriation of proceeds of the loan repayment on quarterly basis with effect from July 1, 2014. They are to...

  • Posted June 12, 2014
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  IFC, First Bank sign mobile finance agreement

  International Finance Corporation, a member of the World Bank Group, says it has signed an advisory services agreement with Firstmonie, a subsidiary of First Bank Nigeria Limited, to expand mobile financial services and agent banking in the...

  • Posted June 12, 2014
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