All posts tagged "featured"
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Why we’re yet to roll out metering programme in South East – EEDC
The Enugu Electricity Distribution Company (EEDC) said on Sunday in Enugu that it has earmarked N25billion for investment in Geographic Information System (GIS) and enumeration of customers and assets in its licence area, the south-east zone. The...
- Posted August 24, 2015
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Job creation drops by 69% in three months
The National Bureau of Statistics on Friday released its job creation report for the second quarter of 2015, stating that the economy created a total of 141,368 jobs within the period. The bureau, in the report, stated...
- Posted August 23, 2015
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NNPC to explore community policing of oil pipelines
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu has hinted that the corporation may settle for the option of community based policing to protect the vast network of oil and...
- Posted August 23, 2015
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Aviation Ministry alleges airlines owe agencies N100billion
The Ministry of Aviation has alleged that the debts owed to the aviation agencies by Nigerian airlines have risen to about N100 billion. These debts are owed to the Federal Airports Authority of Nigeria (FAAN), the Nigerian...
- Posted August 22, 2015
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Access Bank grows profit by 44% to N39bn, declares interim dividend
Access Bank Plc thursday reported an impressive half year results, showing significant increases and deliver an interim dividend of 25 kobo per share despite the headwinds in the banking sector. The audited results for the half year...
- Posted August 22, 2015
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CBN, NIBSS seek increased adoption of e-payment
The Executive Director, Nigeria Inter-Bank Settlement System Plc, Mrs. Christabel Onyejekwe, says the company has collaborated with the Central Bank of Nigeria to introduce an industry-wide incentive to encourage Nigerians to adopt electronic payment for financial transactions....
- Posted August 22, 2015
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CBN vows to fight speculators betting on naira devaluation
Meanwhile, the CBN has vowed to fight off speculators taking bets that the naira will be devalued after Kazakhstan became the latest country to abandon control of its currency. “We haven’t seen any reason so far to...
- Posted August 22, 2015
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Analysts highlight remedy for stable naira
Analysts at the Financial Derivatives Company Limited (FDC) have argued that the perennial volatility recorded by the naira in the parallel market will continue unless the supply-demand dynamics are adjusted and the domestic manufacturing industry becomes competitive...
- Posted August 22, 2015
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Sterling Bank, GTB’s half-year profits rise
Sterling Bank Plc and Guaranty Trust Bank Plc on Thursday filed their results for the half year ended June 30, 2015 with the Nigerian Stock Exchange with both banks reporting increases in earnings and profits. Sterling Bank’s...
- Posted August 22, 2015
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IFMA, Law Union partner on compulsory insurance
Law Union and Rock Insurance Plc is to partner with the International Facilities Managers Association to deepen insurance penetration in Nigeria. The Managing Director and Chief Executive Officer, Law Union, Mr. Jide Orimolade, disclosed this during a...
- Posted August 22, 2015