Latest News
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Skye Bank partners IFC on SME business
As part of its effort to strengthen small and medium enterprises (SMEs) operations, Skye Bank Plc said it has gone into a consultancy partnership with the International Finance Corporation (IFC), to evolve an effective lending framework for...
- Posted April 28, 2015
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Lagos Government hands over new building to occupants
The Lagos State Government has handed over a new building known as Block 6 in Progressive Estate, Abule Nla, Ebute Meta West to the former occupants. A few years ago, its occupants had abandoned the building for...
- Posted April 28, 2015
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CIBN moves to tackle poor service quality in banks
Concerned by the significant drop in service quality in bank branches, the Lagos Chapter of the Chartered Institute of Bankers of Nigeria (CIBN) has expressed its readiness to reverse the trend. Chairman, CIBN Lagos Branch, Mrs. Taiwo...
- Posted April 28, 2015
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FBN Holdings’ Q1 profit rises by 8.7%
FBN Holdings Plc said its profit before tax for the first quarter 2015 climbed by 8.7 per cent to N26.94 billion, as against the N24.8 billion it made as at the comparable period of 2014. The unaudited...
- Posted April 28, 2015
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ICAN to assist FG tackle corruption
The President, Institute of Chartered Accountants of Nigeria, Mr. Chidi Ajaegbu, says the professional body is prepared to collaborate with the incoming administration to wage a war against corruption. The ICAN boss spoke in Lagos at the...
- Posted April 28, 2015
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States stall on implementation of new Pension Act
Many state governments in the country have stalled on the implementation of the new Pension Reform Act, 2014 due to a combination of factors, including the just concluded general elections, investigations have revealed. The situation has thrown...
- Posted April 28, 2015
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Telecoms sector awaits dividend of frequency allocation
With the current efforts aimed at deepening provision of broadband Internet services in the country, the Nigerian Communications Commission says it is awaiting the release of digital spectrum licence to add to the list of spectrums resources...
- Posted April 28, 2015
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Contractors protest against housing ministry’s debts
Some contractors of the Federal Ministry of Lands, Housing and Urban Development have protested against the non-payment of the debts owed them for projects that have been completed. It was learnt that the contractors staged a peaceful...
- Posted April 28, 2015
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NSITF blames PENCOM for non-payment of 33% increment to pensioners
The Nigeria Social Insurance Trust Fund (NSITF) has absolved itself of blame for the non-implementation of the 33 per cent increment to its pensioners, blaming it on the regulations of the operations of the National Pension Commission...
- Posted April 28, 2015
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Nigeria’s oil revenue drops by N265bn
The slump in the global prices of crude oil resulted in a drop of N265.28bn in the revenue generated by Nigeria in the fourth quarter of 2014 when compared to what the country garnered in the preceding...
- Posted April 27, 2015
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Xenophobia: NACCIMA warns against boycott of S’African businesses
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture has warned against calls to boycott South African owned businesses in retaliation for the xenophobic attacks currently targeting African immigrants in South Africa. Over the past...
- Posted April 27, 2015
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Delayed import allocation causes fish scarcity
Imported fish is becoming scarce in the market across the country as importers have yet to get permission to bring in the commodity. Importers said they were still awaiting the yearly allocations usually issued by the Federal...
- Posted April 27, 2015
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FAAN advocates collaboration among African airports
The Federal Airports Authority of Nigeria (FAAN) has said it would continue to play a leading role in advocating collaboration among aviation partners to address major challenges in development of the air transport sector in Africa. Managing...
- Posted April 26, 2015
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CBN orders banks to publish names of debtors from end of July
Following an earlier warning to chronic bank debtors in the country to pay up their debts, the Central Bank of Nigeria (CBN) on Friday directed deposit money banks (DMBs) to publish the list of delinquent borrowers whose...
- Posted April 26, 2015