Don't Miss


Latest News

  • NSE Market Index appreciates by 0.60%

    Trading activities on the Nigerian Stock Exchange (NSE) on Tuesday closed upbeat with the All-Share Index improving by 0.60 per cent. Index grew by 232.87 points, to close at 38,858.98 points from the 38,626.11 points recorded on...

    • Posted April 9, 2014
    • 0
  • Customs inaugurate Fast Track System to enhance PAAR at destination

    The Nigeria Customs Service (NCS) has inaugurated a Fast Track Scheme to enhance the Pre-Arrival Assessment Report (PAAR) system of its Destination Inspection (DI). The NCS Public Relations Officer, Mr Wale Adeniyi, disclosed the development in a...

    • Posted April 8, 2014
    • 0
  • NSE shares volume dip by 40.29%

    Activities on the Nigerian Stock Exchange (NSE) opened for the week on Monday on a downward trend, with the volume of shares traded dropping by 40.29 per cent. The News Agency of Nigeria (NAN) reports that investors...

    • Posted April 8, 2014
    • 0
  • NRC uncovers N1bn pension fraud, forwards report to Tukur

    The Nigerian Railway Corporation (NRC) has uncovered N1 billion missing from the corporation’s pension funds over a period of three years. A source told THISDAY yesterday that some NRC officials, including top management staff members, had been...

    • Posted April 8, 2014
    • 0
  • CBN clears former bank chief

    Respite may have started coming  the way of some former bank officials whose clearance had been delayed by the Central Bank of Nigeria (CBN) following the green light given to a former Executive Director of Union Bank...

    • Posted April 8, 2014
    • 1
  • GDP rebasing will not solve economic problems – Analysts

    The National Bureau of Statistics has just changed the base year for calculating the nation’s Gross Domestic Product to 2010 from 1990. This is meant to reflect changes in the economy of Nigeria, and more accurately assess...

    • Posted April 8, 2014
    • 0
  • Telecoms to Contribute 15% to GDP by 2015 – Juwah

    The Executive Vice Chairman (EVC), Nigerian Communications Commission (NCC), Mr. Eugene Juwah, has expressed optimism that Information and Communication Technology (ICT) sector will contribute about 15 percent to the country’s Gross Domestic Product (GDP), by 2015. This...

    • Posted April 8, 2014
    • 0
  • Aero commences operations in Asaba Airport

    Aero Contractors, one of the country’s leading airlines, will today begin scheduled flights at Asaba Airport with Lagos and Abuja as the initial routes. The new operation brings to three the number of airlines operating flights from...

    • Posted April 8, 2014
    • 0
  • Profit-taking may reduce gains this week — Analysts

    The equities section of the Nigerian Stock Exchange may not record significant rise this week, capital market analysts have said. The analysts based the prediction on possible profit-taking by investors, who may want to cash in on...

    • Posted April 8, 2014
    • 0
  • Banks need 22,000 workers for biometric registration

    Deposit Money Banks will need to dedicate about 22,000 of their employees to the biometric registration exercise of their customers, sources close to the project have said. According to the officials working on the project, over 20...

    • Posted April 8, 2014
    • 0
  • Stanbic IBTC Pension preaches early retirement planning

    Stanbic IBTC Pension Managers Limited has advised workers who are enrolled under the Contributory Pension Scheme to understand the importance of early retirement planning. According to a statement on Saturday, the Chief Executive, Stanbic IBTC Pension Managers...

    • Posted April 8, 2014
    • 0
  • Call centre number will breach communication gap — NIMC

    The National Identity Management Commission has said that its newly unveiled call centre number will breach the communication gap between Nigerians and the commission. The number, it explained in a statement, was introduced typically for individuals with...

    • Posted April 8, 2014
    • 0
  • Jonathan approves appointment of new Company Secretary for NNPC

    President Goodluck  Jonathan Monday approved the appointment of Mr. Ikechukwu Oguine as the Coordinator, Legal Services and Company Secretary of the Nigerian National Petroleum Corporation (NNPC). This was contained in a statement by his Special Adviser on...

    • Posted April 8, 2014
    • 0
  • Wema Bank records N1.6bn net profit

    Wema Bank has announced impressive growth in all performance indicators during its financial year ended Dec. 31, 2013. The audited result of the bank released by the Nigerian Stock Exchange (NSE) in Lagos showed that the bank’s...

    • Posted April 7, 2014
    • 0