All posts tagged "featured"
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CIIN pledges to boost insurance contribution to Nigerian economy
Chartered Insurance Institute of Nigeria (CIIN) said it is fully committed to place the insurance industry in a prime position in the financial services sector and the national economy. To achieve this, the institute said it is...
- Posted December 10, 2015
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Oando shareholders approve N80billion rights issue
Shareholders of Oando Plc on Monday approved the proposal by the Board of the company to raise N80 billion through Rights Issue and partial divestment of its midstream and upstream services businesses. The shareholders gave the approval...
- Posted December 9, 2015
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UBA marks 10 years of operating in Ghana
The United Bank for Africa (UBA) Plc recently celebrated 10 years of its operations in Ghana, one of the 18 country subsidiaries outside Nigeria in the UBA group. UBA Ghana holds is the flagship subsidiary of UBA...
- Posted December 9, 2015
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CBN allays fears of dollar scarcity
The Central Bank of Nigeria (CBN) on Monday maintained that it has enough dollar cash to meet demand by operators of Bureau De Change (BDCs) who sell to retail end-users for eligible transactions. Director, Communications, CBN, Mr....
- Posted December 9, 2015
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FG unbundles PIB, new draft splits NNPC
The federal government is breaking up the Petroleum Industry Bill (PIB) that has been stuck in parliament for years, replacing it first with a law to overhaul the state sector which aims to close loopholes that create...
- Posted December 9, 2015
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Nigeria targets 1,500MW from nuclear power generation
The Energy Commission of Nigeria (ECN) has said that an energy demand study, which it conducted in 2010, had projected that by 2020, Nigeria would be generating 1,500 megawatts (MW) of electricity from nuclear sources. ECN’s Deputy...
- Posted December 9, 2015
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Nigerian investment climate worries foreign investors – EU
The Ambassador and Head of the European Union Delegation to Nigeria, Mr. Michel Arrion, on Monday said that a lot of investors from Europe were currently worried about Nigeria’s investment climate. Arrion stated this during a meeting...
- Posted December 9, 2015
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Refineries remain idle as 90-day deadline approaches
None of the nation’s four refineries of 445,000 barrels per day combined capacity has come back on stream few days to the end of the 90-day fast-track ultimatum given for their revival. Three of the refineries in...
- Posted December 9, 2015
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Onasanya to deliver CIBN valedictory lecture
The Chartered Institute of Bankers of Nigeria has organised a valedicroty lecture in honour of the Group Managing Director of First Bank of Nigeria Limited, Mr. Bisi Onasanya, who is due to retire by the end of...
- Posted December 9, 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