All posts tagged "featured"

• 
  FRC exceeded its powers – Standard Bank

  Standard Bank Group Limited, the South African lender that operates Stanbic IBTC Holdings Plc, has said the Financial Reporting Council of Nigeria (FRC) exceeded its powers when it ruled that the bank’s West African unit had made...

  • Posted November 1, 2015
  • 0
• 
  Mimiko rekindles hope over Ondo produce export

  Ondo state Governor, Dr Olusegun Mimiko has restated  government’s desire to strengthen relationship with the European Union (EU) with a view to providing international  market for the commodities produced  in the State. The Governor, while addressing a...

  • Posted November 1, 2015
  • 0
• 
  CBN, fiscal authorities move to shore up dwindling revenue

  Fiscal and monetary authorities yesterday met to intensify efforts aimed at shoring up dwindling oil revenue and bridging the budget gap to minimise the adverse effects of low oil prices on the economy. Speaking in Abuja at...

  • Posted October 31, 2015
  • 0
• 
  Stockbrokers urge FG to utilise Capital Market to drive entrepreneurship

  The Chartered Institute of Stockbrokers (CIS) has said Africa needs to break out from a vicious cycle of poverty with its attendant socio-economic disequilibrium. This, the CIS stated, can be achieved through optimal utilisation of the capital...

  • Posted October 31, 2015
  • 0
• 
  BVN: Banks to deactivate unregistered accounts as deadline expires Friday

  Bank customers that are unable to obtain their bank verification numbers (BVNs) before the close of business this Friday would not be able to operate such accounts as the Central Bank of Nigeria (CBN) has ruled out...

  • Posted October 31, 2015
  • 0
• 
  CBN suspends OMO to spur lending

  The Central Bank of Nigeria (CBN) recent decision to cease its regular mop-up of liquidity from the system, mostly through its open market operations (OMO) instrument, has released a lot of liquidity into the financial system. This...

  • Posted October 31, 2015
  • 0
• 
  ANAN advises against further naira devaluation

  The President of the Association of National Accountants of Nigeria (ANAN), Mr. Anthony Nzom, has advised the federal government not to further devalue the naira. Nzom said this after what was termed “ANAN Walk Against Corruption for...

  • Posted October 31, 2015
  • 0
• 
  NCC calls for removal of multiple taxes on telecoms

  There is urgent need to remove all barriers that are hindering the fast deployment of broadband services in Nigeria, especially incessant and multiple taxes and their enforcement, the Nigerian Communications Commission (NCC) has said. Director, Public Affairs...

  • Posted October 30, 2015
  • 0
• 
  House invites CBN Governor over BVN verification for BDC transactions

  The House of Representatives at the plenary on Wednesday passed a resolution to invite the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, over the directive requiring Bank Verification Number (BVN) for transactions with...

  • Posted October 30, 2015
  • 0
• 
  Current CBN policies are shutting down businesses – CSO

  The Nigerian Civil Society ‎Situation Room has expressed worry over the current policies of the Central Bank of Nigeria (CBN) which it said have succeeded in shutting down many businesses, thereby contributing to the economic challenge being...

  • Posted October 30, 2015
  • 1