All posts tagged "featured"
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CBN shifts deadline for legacy banks’ cheques to March
The Central Bank of Nigeria (CBN) has shifted its set January 2 deadline for the acceptance of legacy banks’ cheques to March 31. CBN last November instructed all banks and financial institutions to stop accepting cheques from...
- Posted January 7, 2013
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Keystone Bank Adopts Directorate Structure to Revitalize Business
Keystone Bank Limited has embarked on a realignment of its corporate goals to enable it realise its objective. The bank, in a statement on Friday, said the Board also approved a new corporate structure, which was a...
- Posted January 7, 2013
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FG to commence effective water resources management, makes new strategies
In its effort to facilitate an effective management of water resources in the country, the Federal Government has commenced an urgent review of its strategies. The development was made public on Friday in Abuja by the Minister...
- Posted January 7, 2013
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Singapore, Malaysia to join forces and promote Nigeria’s construction industry
Considering the challenges Building and Construction Industries have been facing in Nigeria, the Nigerian Institute of Building (NIOB) is set to engage the technical assistance of Eastern Asian Tigers, Singapore and Malaysia to improve the quality...
- Posted January 7, 2013
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“It is far from perfect” – Banks’ customers fault cashless policy
The Central Bank of Nigeria (CBN) championed the cash-less policy last year but failed to lay a solid foundation for its institutionalization on the streets, although, some people have already imbibed the policy and are using it,...
- Posted January 7, 2013
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Nigeria’s delay in broadband implementation could hamper $1billion Telco investment – Accenture
Leading Consulting Group Accenture has raised the alarm that delay in the implementation of the Broadband Internet Policy in Nigeria, had the potential of affecting huge investment into the Mobile and Information Technology sectors. With the recent...
- Posted January 7, 2013
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FG to set up Asset Management Company for NNPC
With a view to bringing accountability, transparency, efficiency, productivity and strategic leadership direction into the Nigerian National Petroleum Corporation (NNPC), the Federal Government is planning to set up an asset holding company for number one oil firm...
- Posted January 7, 2013
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Dagogo-Jack backs President Jonathan on 5,000MW power generation claim
The Presidential Task Force on Power (PTFP) has backed President Goodluck Jonathans on 5,000MW Power Generation claim, saying, “President Jonathan did not lie” Speaking on the development in Abuja, PTFP moved against media reports, which misinterpreted the...
- Posted January 5, 2013
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FG denies media reports about N60bn budget for farmers’ mobile phones
The Federal Government yesterday refuted the recent media report that it is investing N60bn in the purchase of mobile phones for rural farmers. This denial was forwarded by the Minister of Agriculture and Rural Development, Dr. Akinwumi...
- Posted January 5, 2013
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Wema Bank Reports N1.8 billion Loss in Q3, 2012
Wema Bank released its 3Q, 2012 results late last week. The company say Gross Earnings reach N19.8 billion, up 14.1 from N17 billion made over the corresponding period in 2011. A drop in investment income of 63%...
- Posted January 5, 2013