All posts by Ifreke Inyang

• 
  UBA shareholders endorse Elumelu’s return

  Some shareholders of the United for Africa Plc (UBA) have said the return of Mr. Tony Elumelu as chairman of the bank is a good development that would boost the fortunes of the financial institution. Elumelu, who...

  • Posted August 29, 2014
  • 0
• 
  Flour Mills promises consistent growth, profitability

  Flour Mills of Nigeria (FMN) has said it is well positioned to enhance profitability and deliver long term value to its numerous stakeholders. This, according to the company, is in furtherance to strategic acquisitions it made in...

  • Posted August 29, 2014
  • 0
• 
  Union Bank, MoneyGram promote e-transfer

  Union Bank Plc and MoneyGram have collaborated to promote international electronic money transfer in the country. As a result, the bank said it had introduced ‘Back to School MoneyGram’ campaign which would run through the end of...

  • Posted August 29, 2014
  • 0
• 
  NNPC seeks Army, Police’s support to protect assets

  The Group Managing Director, Nigerian National Petroleum Corporation, Dr. Joseph Dawha, has called on the Nigerian Army and the Nigeria Police Force to assist in protecting the corporation’s vital oil and gas assets. Speaking during courtesy visits...

  • Posted August 29, 2014
  • 0
• 
  Contributory pension assets rise to N4.4tn

  The total pension assets under the Contributory Pension Scheme rose to N4.4tn at the end of June financial period, with 6.12 million workers registered under the plan. Figures obtained from the National Pension Commission showed that N637.8bn...

  • Posted August 29, 2014
  • 0
• 
  NNPC, Shell, Chevron pay fines over failure to meet gas supply contract to Ghana

  The Nigerian National Petroleum Corporation (NNPC), Shell Petroleum Development Company (SPDC) and Chevron Nigeria Limited, owners of N-Gas, the main supplier of gas to Ghana’s Volta River Authority (VRA), through the West African Gas Pipeline (WAGP) are...

  • Posted August 28, 2014
  • 0
• 
  Bears sustain grip as index drops By 0.25%

  The Nigerian equities market remained in a poor state yesterday as the bears sustained their grip on the market, sending the market further southward. A the close of business yesterday, the Nigerian Stock Exchange (NSE) All Share...

  • Posted August 28, 2014
  • 0
• 
  FAAC allocates N4.63tn in seven months

  Between January and July this year, the Federation Account Allocation Committee withdrew and shared the sum of N4.63tn from the Federation Account to the three tiers of government. The monthly allocation document obtained by our correspondent on...

  • Posted August 28, 2014
  • 0
• 
  CBN committed to 80% financial inclusion by 2020 – Moghalu

  The Deputy Governor (Financial System Stability), Central Bank of Nigeria(CBN), Dr. Kingsley Moghalu yesterday restated the central bank’s commitment to meeting the target of attaining 80 per cent financial inclusion among the country’s adult population by 2020....

  • Posted August 28, 2014
  • 0
• 
  Nigeria to boost economy with knowledge from rebasing

  The federal government has disclosed that the knowledge  acquired from the recent rebasing exercise will help the country to grow and diversify the economy as well as increase job opportunities for the youths. The Vice-President,  Alhaji Namadi...

  • Posted August 28, 2014
  • 0