All posts tagged "featured"

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  BoI to support TEF entrepreneurs

  The Bank of Industry has unveiled plans to induct successful entrepreneurs under the Tony Elumelu Foundation programme into its Hall of Fame, according to a statement from the company. The statement quoted the Managing Director, BoI, Mr....

  • Posted July 18, 2015
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  CBN directs BDCs to obtain customers’ BVNs

  The Central Bank of Nigeria on Thursday said that all transactions consummated by any licensed Bureau De Change operators in the country must have the Bank Verification Number of the customers. The directive, which was contained in...

  • Posted July 17, 2015
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• Marketers resume petrol imports

  Members of the Depot and Petroleum Products Marketers Association have resumed importation of Premium Motor Spirit (petrol) into the country. This development was confirmed to our correspondent on Thursday by the Executive Secretary, DAPPMA, Mr. Olufemi Adewole,...

  • Posted July 17, 2015
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  E-payment transactions hit N35.1tn – Heritage Bank CEO

  The Managing Director and Chief Executive Officer, Heritage Bank Limited, Mr. Ifie Sekibo, said electronic payment transactions in the country grew from N18.1tn in 2012 to N35.1tn in 2014. He said innovation was inevitable for the banking...

  • Posted July 14, 2015
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  GTBank named ‘Best Bank in Nigeria’

  Guaranty Trust Bank Plc has been named ‘Best Bank in Nigeria’ by Euromoney. The lender won the award during the 2015 Euromoney Awards held at the Natural History Museum in London on Thursday, a statement by the...

  • Posted July 13, 2015
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  NSE set to delist three firms over listing status

  The Nigerian Stock Exchange appears set to make good its threat to delist companies that fail to regularise their listing status, with the announcement of three companies to be delisted next week. The companies are Nigerian Sewing...

  • Posted July 12, 2015
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  UBA raises N11.5bn from rights issue

  United Bank for Africa Plc has announced the completion of its rights issue, following the approval of the Central Bank of Nigeria and the Securities and Exchange Commission. The bank raised N11.5bn through an equity offering; a...

  • Posted July 11, 2015
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  Onasanya lists problems of retail banking in Nigeria

  The Group Managing Director and Chief Executive Officer, First Bank of Nigeria Limited, Mr. Bisi Onasanya, has identified infrastructure and lack of strong relationships across customer segments as some of the challenges militating against the growth of...

  • Posted July 11, 2015
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  Stock market takes further beating

  The Nigerian Stock Exchange All-Share Index extended its losses on Thursday on the back of losses by 33 stocks. Specifically, the NSE ASI declined by 263.5 basis points from 32,031.73 basis points to 31,768.23 basis points. The...

  • Posted July 11, 2015
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  Stanbic IBTC’s half-year profit falls by 52%

  Stanbic IBTC Holdings Plc posted a profit before tax of N9.537bn in the first half of 2015, down by 52 per cent from the N19.946bn it declared for the same period in 2014. The company’s profit after...

  • Posted July 11, 2015
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