All posts by Ifreke Inyang

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  Listed companies fail to meet result submission deadline

  Several companies listed on the Nigerian Stock Exchange are failing to meet the bourse’s deadline for filing their financials, it has been gathered. Earlier this year, The PUNCH had reported that in the first three quarters of...

  • Posted May 8, 2014
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  Standard Chartered explains role in Azura power project

  Standard Chartered Bank Nigeria has said that the success recorded in the privatisation of the power sector as well as its drive to contribute significantly to the reforms in the sector are major reasons for its financing...

  • Posted May 8, 2014
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  Alade, Rewane, others move to boost cash-less policy

  In a bid to driving the Central Bank of Nigeria’s cashless policy, a one-day international seminar will be holding in Lagos next month among stakeholders in the financial system. The Acting Governor, CBN, Dr. Sarah Alade; Deputy...

  • Posted May 8, 2014
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  Fidelity Bank, Ria Money promote electronic money transfer

  Fidelity Bank Plc says it has partnered a global international fund transfer company, Ria Money Transfer, to boost international electronic money transfer and also promote the Central Bank of Nigeria’s financial inclusion drive. The Managing Director of...

  • Posted May 8, 2014
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  Our contribution to rice farming boosted output by 50% – Stallion Group

  The Stallion Group has stated that its investment in the development of rice production in the country has contributed immensely to the rise in rice output  by over 50 per cent. Acknowledging the uncommon leadership provided by...

  • Posted May 8, 2014
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  Access Bank records N13bn Q1 profit

  Access Bank Plc has announced a profit before tax of N13.4 billion in its unaudited results for the three months ended 31 March 2014. This represents an increase by 20 per cent compared to the N11.1 billion...

  • Posted May 7, 2014
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  CBN refunds N13bn to customers

  The Central Bank of Nigeria, (CBN) yesterday disclosed that it had refunded over N13 billion to bank customers that had suffered excess charges by their financial institutions. The central bank said the refund to the customers were...

  • Posted May 7, 2014
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  Operators woo subscribers with repackaged data roaming

  In this era of dwindling revenue and stiffened competition among telecoms operators, the provision of roaming service for data packages by telcos has been identified as another source of income. This is, therefore, viewed as another dividend...

  • Posted May 7, 2014
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  Julius Berger issues bonus share to shareholders

  Julius Berger Nigeria (JBN) Plc has declared a bonus of one new share for every 10 shares held for  the financial year ended December 31, 2013.  The construction giants disclosed the bonus issue in a notification to...

  • Posted May 7, 2014
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  FG, Azura sign $1bn deal for IPP in Edo state

  The Federal Government and Azura Power Holdings Limited Monday signed a $1 billion-financing deal for the flagship 450 megawatt Azura-Edo Independent Power Project (IPP) which is located Edo State. The project also involves a $300 million investment...

  • Posted May 7, 2014
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