All posts tagged "featured"

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  CBN orders banks to publish names of debtors from end of July

  Following an earlier warning to chronic bank debtors in the country to pay up their debts, the Central Bank of Nigeria (CBN) on Friday directed deposit money banks (DMBs) to publish the list of delinquent borrowers whose...

  • Posted April 26, 2015
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  Oil crash: Nigeria may lose N2tn this year

  The fall in global crude oil prices may result in a revenue decline of about $10bn (about N2.2tn) to the Nigerian economy this year, international and local oil producers have said. This is just as the Nigerian...

  • Posted April 25, 2015
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  CBN to review IT standards in banking sector

  The Central Bank of Nigeria in collaboration with the Information and Technology Standards Council is reviewing the IT standards blueprint in the banking sector. The aim is to align the IT standards in the sector to current...

  • Posted April 21, 2015
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  FCMB assures shareholders higher returns

  The Managing Director of  FCMB Group Plc, Mr. Peter Obaseki has said through operational efficiency and value creation,the company will  ensure increased return on investment to all shareholders in 2015 financial year and beyond. He gave this...

  • Posted April 18, 2015
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  CBN to prosecute proprietors, others demanding foreign currencies

  The Central Bank of Nigeria says it will not hesitate to prosecute persons, including school managers, who demand and accept tuition in foreign currencies. A statement by the bank’s Director Corporate Communications, Ibrahim Mu’azu, noted that the...

  • Posted April 18, 2015
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  Nigeria’s oil production falls most among OPEC members

  Still smarting from the plunge in revenue, Nigeria saw the highest drop in crude oil production in March among its peers in the Organisation of Petroleum Exporting Countries, the latest monthly report from the 12-member oil cartel...

  • Posted April 18, 2015
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  House of the Week: A beautiful 4-bedroom house for sale at Asokoro, Abuja

  Our featured house of the week is a 4 bedroom house for sale at Asokoro, Abuja. This property has 4 bedrooms, 4 bedrooms, 2 lounges and 1 dining area. In this house, all rooms have en suite...

  • Posted April 17, 2015
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  Power investors jittery over new goverment

  A wave of anxiety has descended on some private investors, who bought the successor electricity generation and distribution companies unbundled from the defunct Power Holding Company of Nigeria, following the emergence of Maj.-Gen. Muhammadu Buhari (retd) as...

  • Posted April 17, 2015
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  Inflation rises for four consecutive months, hits 8.5%

  The National Bureau of Statistics on Thursday released the Consumer Price Index for the month of March 2014, stating that the index had shown that inflation rate had risen by 8.5 per cent. The March increase in...

  • Posted April 17, 2015
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  Union Bank adopts new technology to improve efficiency

  Union Bank of Nigeria Plc says it has deployed a new core banking application to modernise its infrastructure and improve operating efficiency. The application, called oracle flexube universal banking solution, helps to improve business operations and enhance...

  • Posted April 17, 2015
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