All posts tagged "featured"

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  GTBank records N99bn profit after tax, declares N52bn dividend

  Guaranty Trust Bank Plc on Monday became the first bank to release its financial performance for the year ended December 31, 2015. Contrary to great apprehension over likely poor bottom-line by banks due to headwinds in the...

  • Posted March 16, 2016
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  Agbakoba calls for massive public spending

  Former President of the Nigerian Bar Association (NBA) and human rights activist, Dr. Olisa Agbakoba, has called on the federal government to revalue the naira and encourage massive public spending. He argued that revaluing the naira would...

  • Posted March 16, 2016
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  GE, Bresson’s 500MW power project ready next year

  The 500 megawatts power project of Bresson Nigeria Limited, which is being supported by General Electric, will commence operation by the second quarter of next year. The project, which has already received commendation from the Federal Government,...

  • Posted March 15, 2016
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  Stock market loses N811bn in 10 weeks

  The market capitalisation of the Nigerian Stock Exchange fell by N811bn from the first trading day of this year till Friday date despite the gains recorded in the market last week, when 40 equities gained and 21...

  • Posted March 15, 2016
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  Community pledges support for Dangote’s cement plant

  The Okuokphellagbe of Okpella Kingdom, Alhaji Yusuf Dirisu, has stated that Africa’s richest investor, Aliko Dangote’s decision to establish a cement factory in Okpella, Edo State, will create employment opportunities and bring infrastructural development to the people...

  • Posted March 15, 2016
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  LIRS slashes cost of replacing Electronic Tax Clearance Card

  As part of efforts to enhance the ease of doing business in Lagos State, the Lagos State Internal Revenue Service ((LIRS) has announced various initiatives aimed at achieving efficient tax administration in the State. The Executive Chairman...

  • Posted March 15, 2016
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  Experts flay FG over deteriorating economy

  While Nigeria may not be the only frontier/emerging economy facing economic challenges on the back of the rout in commodity prices, the actions and inactions of the federal government and economic managers have further worsened the Nigerian...

  • Posted March 15, 2016
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  GTB maintains lead in forex allocation from CBN

  For the second week in a row, Guaranty Trust Bank Plc (GTB) maintained its lead garnering the highest allocation of foreign exchange from the Central Bank of Nigeria (CBN), as last week’s figures have shown. GTB with...

  • Posted March 15, 2016
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  Nigeria is targeting 2.4mbpd oil output in 2016 – Kachikwu

  Nigeria is targeting 2.4 million barrels of crude oil per day (mbpd) in output in 2016, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has disclosed. Kachikwu spoke recently in Abuja while outlining his broad...

  • Posted March 15, 2016
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  Expect lower earnings – Diamond Bank tells stakeholders

  The number of companies envisaging lower performances for the 2015 financial year swelled last Friday with Diamond Bank Plc sending a profit warning to capital market operators. FCMB Group Plc and FBH Holdings Plc had sent similar...

  • Posted March 15, 2016
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