All posts tagged "headline"
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Okowa uncovers 70% fake farmers under Agric Scheme
Delta State Governor, Dr Ifeanyi Okowa, might have placed his finger firmly on why several agricultural and job creation schemes by government in the past failed to yield the desired results as most of the people who...
- Posted December 11, 2015
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FBN grows income to N10billion in three years
FBN Insurance said it has in the past three years successfully raised its Gross Written Premium from below N 2 billion to N10 billion in 2015. Managing Director (MD) of the company, Val Ojumah who disclosed this...
- Posted December 10, 2015
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Banks, others move to save Nigeria from anti-money laundering sanctions
Commercial banks and other financial institutions are currently putting their records in order so as to ensure that they are not deficient in Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) rules, as the nation awaits the...
- Posted December 10, 2015
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GTBank, MasterCard introduce prepaid card
Guaranty Trust Bank Plc has collaborated with the United States-based MasterCard Incorporated to introduce virtual prepaid cards to its customers. According to a statement by the GTB on Tuesday, the card is issued instantly via Internet banking...
- Posted December 10, 2015
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Nigerian payment system improving – CBN
The Nigerian payment system is efficient and has been encouraging following the introduction of Real Time Gross Settlement system, the Director, Banking and Payments System, Central Bank of Nigeria, Mr. Dipo Fatokun, has said. The RTGS is...
- Posted December 10, 2015
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Consumers to pay more for electricity – Fashola
The Federal Government on Tuesday unveiled its blueprint on infrastructural development for the country. The Minister of Power, Works and Housing, Mr. Babatunde Fashola, outlined the government’s extensive plan for the country in the three sectors and...
- Posted December 10, 2015
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FMDQ OTC grows fixed income securities market by 202% to N119trn
The value of transactions on the Nigerian over-the-counter (OTC) market for fixed income securities and currency has witnessed a growth of 202 per cent or N80 trillion to N119 trillion within the two years that FMDQ OTC ...
- Posted December 10, 2015
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AMCON debtors struggling to repay loans amid economic slump
The Asset Management Corporation of Nigeria (AMCON) has said its debtors are currently finding it difficult to repay their loans because of the economic slowdown in the country. Also, the Managing Director/Chief Executive Officer of AMCON, Mr....
- Posted December 10, 2015
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CIIN pledges to boost insurance contribution to Nigerian economy
Chartered Insurance Institute of Nigeria (CIIN) said it is fully committed to place the insurance industry in a prime position in the financial services sector and the national economy. To achieve this, the institute said it is...
- Posted December 10, 2015
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Oando shareholders approve N80billion rights issue
Shareholders of Oando Plc on Monday approved the proposal by the Board of the company to raise N80 billion through Rights Issue and partial divestment of its midstream and upstream services businesses. The shareholders gave the approval...
- Posted December 9, 2015