All posts by Ifreke Inyang

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  Passengers panic as Emirates slashes Dubai-bound flights

  Nigerian passengers heading for Dubai have had to make alternative arrangements to arrive at their destination by making connecting flights through Abu Dhabi and other destinations in the Middle East following a recent announcement that Emirates Airlines...

  • Posted May 30, 2014
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  Zenith Bank emerges Best Customer-Focused Bank in KPMG survey

  Zenith Bank Plc has emerged the best customer-focused bank in the 2014 Banking Industry Customer Satisfaction Survey (BICSS) conducted by KPMG. The bank recorded the highest scores in retail, small and medium scale (SME) and corporate/commercial  customer...

  • Posted May 30, 2014
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  Tejuosho Market: Court strikes out contempt charge against FirstBank

  The Federal High Court in Lagos yesterday struck out contempt proceedings initiated by Access Bank Plc against First Bank of Nigeria Limited. Justice Okon Abang held that the Form 48 and Form 49 (notices of disobedience of...

  • Posted May 30, 2014
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  Money laundering: CBN warns banks against violating directives

  The Central Bank of Nigeria has moved against money laundering and terrorism financing activities believed to be going on at the Deposit Money Banks and discount houses. As such, the central bank in a circular to banks...

  • Posted May 30, 2014
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  Wema Bank explains return to profitability

  The Chairman of Wema Bank Plc, Mr. Adeyinka Asekun, yesterday  attributed the bank’s return to profitability  to  the success of the management’s turnaround plan. Addressing shareholders at the annual general meeting (AGM)  of the bank in Lagos,...

  • Posted May 30, 2014
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  CBN directs banks to upgrade Chief Compliance Officers

  The Central Bank of Nigeria (CBN) has directed all Deposit Money Banks (DMBs) and discount houses in the country to ensure that no chief compliance officer (CCO) is below the grade of a general manager without its...

  • Posted May 30, 2014
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  Shiroro power plant concession not a mistake – Sambo

  Vice President Namadi Sambo on Wednesday said recent developments at the Shiroro Hydro Power Plant had shown that its recent concession by the Federal Government was not a mistake. A statement by his spokesman, Mr. Umar Sani,...

  • Posted May 30, 2014
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  NDPHC delivers largest transmission plant to TCN

  The operator of the National Integrated Power P projects in Nigeria, the Niger Delta Power Holding Company, has completely handed over its plant located in Oke-Aro community, Ogun State to the Transmission Company of Nigeria. The firm...

  • Posted May 30, 2014
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  Electricity tariff increase will impoverish Nigerians – TUC

  The Trade Union Congress has said that plans to increase electricity tariff in the face of poor power supply will lend credence to the belief that the government is seeking to impoverish Nigerians. Affirming its resolve to...

  • Posted May 30, 2014
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  FIRS cautions banks against non-remittance of tax revenue

  The Federal Inland Revenue Service has cautioned banks against non-remittance of tax revenue collected on behalf of the Federal Government. The Acting Executive Chairman, FIRS, Alhaji Kabir Mashi, gave the warning during a taxpayers’ sensitisation workshop in...

  • Posted May 30, 2014
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