All posts tagged "featured"
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1,000 African entrepreneurs join TEF Programme
The Tony Elumelu Foundation (TEF) on Tuesday announced the selection of 1,000 entrepreneurs for the second round of the Tony Elumelu Entrepreneurship Programme (TEEP). Launched in 2015, TEEP is one of the largest African philanthropic initiative devoted...
- Posted March 24, 2016
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FG to raise VAT, release N350billion budgeted expenditure
The federal government has said that it will inject N350 billion budgeted expenditure to revamp the Nigerian economy in the next few months. It will equally work in collaboration with the state governments to adopt a plan...
- Posted March 24, 2016
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NAICOM approves 2015 audited accounts of seven insurance firms
Only 12 out of the existing 58 insurance firms have submitted their audited financial reports for 2015 to the National Insurance Commission (NAICON), the Commission’s Director of Supervision, Nicholas Opara has said. He said seven out of...
- Posted March 24, 2016
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National Assembly to present harmonised PIB next week
Tired of endlessly waiting for President Muhammadu Buhari to send a new draft of the Petroleum Industry Bill (PIB) to the National Assembly, the federal legislature has taken the bold step to independently initiate the bill towards...
- Posted March 23, 2016
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Unemployment rate rises to 10.4% in Fourth Quarter
The unemployment rate in the country has climbed to 10.4 per cent in the fourth quarter of last year (Q4 2015) compared to 9.9 per cent in the previous quarter, the National Bureau of Statistics (NBS) stated...
- Posted March 23, 2016
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Sterling Bank records N10.3bn profit after tax
Sterling Bank Plc monday joined banks that have reported profit for the 2015 financial year despite the regulatory headwinds and downturn in the Nigerian economy. The bank reported a profit before tax of N11 billion in 2015,...
- Posted March 23, 2016
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CBN calls for stakeholders’ inputs on Corporate Governance Code
The Central Bank of Nigeria (CBN) has advised the Financial Reporting Council of Nigeria (FRCN) to ensure that it considers the input of a wide-range of stakeholders in its preparation of the National Code of Corporate Governance...
- Posted March 23, 2016
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States to enjoy 13% derivation from solid minerals
The Minister of Solid Minerals, Dr. Kayode Fayemi has said that solid minerals-producing states would enjoy 13 per cent derivation as crude oil-producing states as part of the efforts to encourage the development of solid minerals in...
- Posted March 23, 2016
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Wema Bank reports 9.5% rise in gross earnings
Wema Bank Plc has reported a 9.5 per cent growth in its gross earnings for 2015 financial year on the back of improved deposit liabilities and its risk management framework. This, it noted in a statement, was...
- Posted March 23, 2016
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Access Bank gets NCR SelfServ ATMs
Access Bank Plc has enhanced its Automated Teller Machine portfolio with the latest SelfServ ATMs from NCR Corporation to improve speed of service, reduce downtime and enhance customer experience. The NCR, the global leader in consumer transaction...
- Posted March 23, 2016