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All posts tagged "featured"

  • CBN Seeks ATM Upgrade to Allow Coins

    The Central Bank of Nigeria has said it will facilitate the introduction of Automated Teller Machines that can dispense coins to encourage the citizens imbibe the culture of spending them. The Head of Shared Services, CBN, Mr....

    • Posted September 18, 2012
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  • FCMB set to conclude FinBank Merger in October

    The management of First City Monument Bank (FCMB) has disclosed that it is set to finalize its merger with Finbank no later than the end of October. Deputy Managing Director of FCMB, Segun Odusanya, revealed to journalists...

    • Posted September 18, 2012
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  • CBN Set to Issue N863 billion Treasury Bills before 2013

    The Central Bank of Nigeria (CBN) is to undergo a monetary control exercise that will see the apex bank issue N863.03 worth of treasury bills between now and the end of the year. The treasury bills which...

    • Posted September 18, 2012
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  • Is the EFCC Turning the Spotlight on the Judiciary?

    The Economic and Financial Crimes Commission (EFCC) has unveiled plans to arrest and try corrupt members of the Nigerian judiciary in what analysts are referring to as a positive new development. The Nigerian judiciary routinely engages directly...

    • Posted September 17, 2012
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  • Guinness Earnings Top N126 billion, Declares N8 Dividend

    Guinness Nigeria released its 2012 audited financial statements today, reporting a revenue of N126.28 billion, up 2.1% from the N126.33 billion it made in 2010. The company reported a 14.2% increase in advertisement and promotion expenditure at...

    • Posted September 17, 2012
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  • National Bureau of Statistics Distances Itself from N5000 Note Survey

    The management of the National Bureau of Statistics has said it never carried out a survey which showed 75% of Nigerians are against the N5000 note and currency restructuring exercise being spearheaded by the Central Bank of...

    • Posted September 17, 2012
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  • Oil Price Continues to surge on Expected US Recovery

    Oil traded near the highest price in four months before reports forecast to show a strengthening economy in the U.S., the world’s biggest consumer of crude. Futures were little changed in New York after surging as high as $100.42...

    • Posted September 17, 2012
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  • Bayelsa Fishing Communities Protest Eni Oil Spill

    Italian oil firm Eni said on Saturday an oil spill near its facilities in the Niger Delta had been contained, but local people said the pollution had spread and damaged their fishing. Eni said the spill occurred...

    • Posted September 17, 2012
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  • House Of The Week: Buy A 5 Bedroom Detached House In Victoria Island For N100 Million

    This five bedroom detached house comes with a 2 bed guest chalet and is located at Rivera Court along Yesuf Abiodun Way, close to the Redeemed Christian Church of God, City of David parish Rivera Court is...

    • Posted September 14, 2012
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  • PZ Suffers Profit Slump, Blames Northern Insecurity

    Incessant insecurity in the North was the cause of a 54% drop in profit says PZ Managing Director, Christos Giannopoulos. He disclosed this at the company’s 64th Annual General Meeting (AGM) in Abuja yesterday. According to him profits...

    • Posted September 14, 2012
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