All posts tagged "featured"
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UBA confirms 25% subsidiaries’ contribution to profit
The Group Managing Director/ CEO, United Bank for Africa, Mr. Kennedy Uzoka, has said the banks African subsidiaries contributed 25 per cent of the group’s profit and account for over a quarter of its overall total deposit...
- Posted September 7, 2016
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2017 budget:FG proposes another N500bn for social intervention
The Federal Government said it would again set aside the sum of N500bn in the 2017 budget for its social intervention programme. The amount when added to the N500bn earlier approved for the same purpose this year...
- Posted September 7, 2016
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Recession: Analysts canvass collaboration between regulators, banks
Financial analysts in the country have called for a strong collaboration between financial sector regulators and the banking industry to chart an ideal course, given the receding state of the economy. They identified huge communication gaps among...
- Posted September 6, 2016
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FG targets $100bn from Indian agric market
The Federal Government has announced its readiness to partake in the $100bn market for pulses(food crops) in India as it has commenced moves to start growing the plant in commercial quantity for export to the Asian country....
- Posted September 6, 2016
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Telecoms industry contributed N1.8tn to Q2 GDP
The National Bureau of Statistics on Sunday said the telecommunications sector contributed N1.58tn in real terms to the country’s second quarter Gross Domestic Product. It said the second quarter performance for the telecoms sector represented about 9.8...
- Posted September 6, 2016
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NIMC pledges commitment to single database, begins data harminisation
Efforts by the federal government to create a single database for Nigeria have started yielding results, as the National Identity Management Commission (NIMC) said weekend that it has begun the process of harmonisation of existing data that...
- Posted September 6, 2016
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NPA may sanction port terminal operators over alleged violation of concession agreement
There are indications that the Nigerian Port Authority (NPA) may impose sanctions against terminal operators at the nation’s ports for allegedly violating concession agreement as regards port development. THISDAY gathered that in fighting among the operators is...
- Posted September 6, 2016
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NANTA declares state of emergency in aviation sector
In order to save the air transport sector, which is described as a catalyst to economic development of any nation, the President of the National Association of Nigerian Travel Agencies (NANTA), Mr. Bankole Bernard has urged authorities...
- Posted September 6, 2016
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Shippers’ Council decries excessive charges at ports
The Executive Secretary/Chief Executive Officer, Nigerian Shippers’ Council, Mr. Hassan Bello, has said the operational efficiency achieved from the concession of the nation’s ports is being eroded by excessive charges, among other challenges. Bello said since the...
- Posted September 5, 2016
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Nigerians vow to fight fuel price hike
The Nigeria Labour Congress, Trade Union Congress, Afenifere, former federal lawmakers, security experts and rights activists, on Saturday vowed to resist any attempt by the President Muhammadu Buhari’s government to further increase fuel price. They stated this...
- Posted September 5, 2016