All posts by Ifreke Inyang
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Stanbic IBTC’s ETF will increase market participation – Oyetan
The Chief Executive Officer, Stanbic IBTC Asset Management Limited, Olumide Oyetan, has said the introduction of new Exchange Traded Funds such as the Stanbic IBTC ETF 30 will help attract more investors to the capital market. Oyetan...
- Posted September 27, 2014
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Ecobank commences rapid transfer programme
Ecobank Nigeria says it has commenced its Rapid Transfer “Back to School” campaign, which will enable parents and guardians to pay their children and wards school fees in a fast and convenient way. According to a statement...
- Posted September 27, 2014
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NDIC mulls insurance cover for mobile payment subscribers
The Nigeria Deposit Insurance Corporation (NDIC) yesterday said it was finalising a framework to extend deposit insurance cover to individual subscribers of the Mobile Money Operators (MMOs) in the form of a pass-through deposit insurance. He also...
- Posted September 27, 2014
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AFD offers €400m grant to Nigeria
The French Agency for Development (AFD), a public development finance institution has said it recently approved €400 million as grant to finance transport and energy projects in Nigeria. The Country Director, AFD, Mr. Hubert Dognin stated this...
- Posted September 26, 2014
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Aig-Imoukhuede becomes NSE president
The Council of the Nigerian Stock Exchange (NSE) yesterday appointed former Group Managing Director/Chief Executive Officer of Access Bank Plc, Mr. Aigboje Aig-Imoukhuede, the president of the exchange. His appointed made after the 53rd annual general meeting...
- Posted September 26, 2014
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Moroccan bank, Skye, Fidelity bid for Mainstreet Bank
A Moroccan bank, Skye Bank Plc and Fidelity Bank Plc are among the top seven shortlisted as potential buyers of Mainstreet Bank, top officials close to the bidding process revealed on Wednesday. The Managing Director, Asset Management...
- Posted September 26, 2014
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Customs boss cautions against fraudulent goods declaration
Importers and their freight forwarders have been advised to abide by the rules and regulations guiding importation as the only way for them to enjoy the Pre-Arrival Assessment Report (PAAR) introduced by the Nigeria Customs Service (NCS)...
- Posted September 26, 2014
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Experts call for sustained competition in telecoms sector
Some experts in the Nigerian telecommunications industry have said the release of number of subscribers on all the three telecoms operators’ networks by the Nigerian Communications Commission (NCC) is a healthy development that will stimulate competition and...
- Posted September 26, 2014
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Nigeria retains US Cat1 aviation status
The Nigerian aviation industry has retained the United States Federal Aviation Administration’s Category One Status certification. With this, Nigerian airlines can continue to operate direct flights into the US. A top official of the Nigerian Civil Aviation...
- Posted September 26, 2014
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Ailing refineries destabilise LPG market
The poor state of the country’s refineries has been identified as a major factor causing instability in the Nigerian Liquefied Petroleum Gas (cooking gas) market. The Port Harcourt, Warri and Kaduna refineries, which are ordinarily supposed to...
- Posted September 26, 2014