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  • Senate tasks FG on decay infrastructure at airport

    Senate Ad-hoc Committee on Aviation has called on the Federal Government to take a critical look at improving the infrastructural decay at airports across the country, especially the Murtala Muhammed Airport (MMA), Lagos, and the Nnamdi Azikiwe...

    • Posted December 8, 2015
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  • Senate to engage CBN on FX for fuel importers

    Senate is to engage the Central Bank of Nigeria (CBN) on the opening of a special window for petroleum marketers to access foreign exchange (FX), which had remained a major challenge to them in importing products to...

    • Posted December 8, 2015
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  • FG to spend N500bn for social welfare in 2016

    The Federal Government has proposed to spend the sum of N500 billion on social welfare intervention programmes for 2016 fiscal year. It, however, prescribed evidence of school enrollment and immunization certificate as the essential requirements to benefit...

    • Posted December 8, 2015
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  • RIMAN, CIBN move to strengthen risk management in banks

    The Risk Management Association of Nigeria (RIMAN) and the Chartered Institute of Bankers of Nigeria (CIBN) have sealed an agreement to commence training of certified risk managers in the country. The arrangement was reached after RIMAN and...

    • Posted December 8, 2015
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  • NSE charges dealing clerks on integrity

    The Nigerian Stock Exchange has charged 31 newly inducted 31 qualified dealing clerks also charged them to uphold the virtues of integrity, good character and high ethical and professional standards. In his welcome remarks during the induction,...

    • Posted December 8, 2015
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  • We will not compromise on standards enforcement – SON

    The Standards Organisation of Nigeria (SON) has stated that the agency will not compromise on its mandate to ensure that only goods that meet the minimum requirement are allowed to thrive in the nation’s market. The agency...

    • Posted December 8, 2015
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  • FG to grant refineries semi-operational autonomy

    The federal government yesterday disclosed that it was working out a new operational model with which Nigeria’s four refineries would run starting from 2016. The government, through the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu,...

    • Posted December 8, 2015
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  • Naira drops to 251/dollar, external reserves now $29.7bn

    The naira crashed further against the dollar from 247 last Thursday to 251 on Saturday at the parallel market. This came barely one week after the Central Bank of Nigeria cut foreign exchange supply to Bureau De...

    • Posted December 8, 2015
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  • NAICOM removes 108 insurance brokers from list

    The National Insurance Commission has removes 108 insurance brokers, out of the list of 421 licensed practitioners operating in the country, for failing to renew their licences. Sources from NAICOM told our correspondent on Sunday that the...

    • Posted December 8, 2015
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  • Senate to meet Emefiele on oil marketers’ access to Forex

    The Senate Committee on Petroleum (Downstream) will meet with the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, to find a lasting solution to the challenges oil marketing firms encounter accessing foreign exchange (forex) for...

    • Posted December 8, 2015
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  • Udom seeks improved innovation to drive e-Payment

    Governor Emmanual Udom of Akwa Ibom State has called for more innovation to drive adoption of electronic payment in Nigeria. He made this call at the annual retreat of the Committee of E-Banking Industry Heads (CeBIH) in...

    • Posted December 8, 2015
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  • Infrastructure funding: Analysts ponder taxation revenue as option

    Plans by the federal government to bridge the huge infrastructure deficit in the country next year has continued to attract interests from analysts and economists as they debate funding options available to the government given the current...

    • Posted December 7, 2015
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  • NSE: 13 active dealing members have insufficient shareholders funds

    The Nigerian Stock Exchange has disclosed that two months after the curtains were drawn on the recapitalisation of capital market operators, not less than 13 dealing members of the exchange are operating with insufficient shareholders’ funds. The...

    • Posted December 7, 2015
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  • Experts blame wrong appointments for fraud

    Experts have condemned the practice of wrong delegation of role in work place environment which is said to be the order of the day in both the public and private sectors. Speaking at a one day seminar...

    • Posted December 6, 2015
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