All posts tagged "featured"

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  Banks, BDCs must demand BVN from November 1 – CBN

  The Central Bank of Nigeria on Wednesday said from November 1, 2015, prospective buyers of foreign currencies must show their Bank Verification Numbers to banks and Bureau De Change operators before they would be allowed to buy...

  • Posted October 23, 2015
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  Access Bank records N258bn gross earnings in Q3

  Access Bank Plc said its operations in Nigeria, its sub-Saharan African and the UK recorded strong performances in its unaudited results for the third quarter ended 30 September 2015. The unaudited third quarter 2015 financial results released...

  • Posted October 23, 2015
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  MSMEs urged to take advantage of N220bn fund

  The Central Bank of Nigeria (CBN) has beckoned on micro, small and medium scale enterprises (MSMEs) to take advantage of the N220 billion it had made available to  expand their businesses. Central Bank Consultant and Managing Director,...

  • Posted October 23, 2015
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  Banks urged to focus on strategies to combat e-Fraud

  Beyond developing attractive electronic financial products for their clients, commercial banks have been advised to devise methods of ensuring the highest possible security and protection from attacks on their e-banking platforms. The call was made by Mr....

  • Posted October 22, 2015
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  FG loses N1.85tn to dubious tax refunds

  By issuing pioneer status certificates to companies other than those granted by law, the Nigerian Investment Promotion Council (NIPC) has caused the government to refund taxes amounting to about N1.850 trillion. The House of Representatives at plenary...

  • Posted October 22, 2015
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  NIMC to take over BVN, voters’ database

  The Central Bank of Nigeria and the National Identity Management Commission are set to sign a Memorandum of Understanding for the takeover of the Bank Verification Number by the NIMC. The General Manager, Corporate Communications, NIMC, Mr....

  • Posted October 22, 2015
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  Power firms seek 21% rise in commercial tariff

  After proposing an average increase of 49.4 per cent in electricity tariffs for residential customers last week, power distribution companies in the country are now seeking a hike in the tariffs payable by commercial consumers by 21...

  • Posted October 22, 2015
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  TSA: ECOWAS offers to work with Nigeria, others

  The Economic Community of West African States has offered to work with Nigeria and other member countries to secure the databases of their Treasury Single Accounts as well as other strategic databases. The Commissioner for Telecommunications and...

  • Posted October 22, 2015
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  NNPC adopts ‘20 fixes’ to reform operations, improve profitability

  The Nigerian National Petroleum Corporation (NNPC) has adopted what it described as “20-fixes” with which it hopes to reform its operations, guarantee profitability and perhaps run a transparent national oil company. NNPC through the “20-fixes” which are...

  • Posted October 22, 2015
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  FBN Capital hosts 5th Annual Investor Conference

  FBN Capital Limited, the Investment Banking and AssetManagement subsidiary of FBN Holdings Plc, has concluded arrangements to host key stakeholders at the 5th edition of its annual investor conference. The conference would take place on 27th of...

  • Posted October 22, 2015
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