All posts tagged "headline"
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Diamond Bank harps on high financial standards for MSMEs
Head, Retail Directorate of the Bank Diamond Bank Plc, Aisha Ahmad has urged entrepreneurs of Micro, Small and Medium Enterprises (MSMEs) to imbibe the values of financial discipline and strict corporate financial management in the running of...
- Posted August 18, 2015
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Deactivation of SIM cards, not total withdrawal – NCC Clarifies
The Nigerian Communications Commission (NCC), has said the recent directive it issued to telecoms operators to deactivate all unregistered Subscriber Identification Module (SIM) cards across networks, does not mean total withdrawal of the deactivated SIM cards from...
- Posted August 18, 2015
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Oil companies owe FG N1.38tn – NEITI
Oil companies operating in Nigeria owe the Federal Government over $7bn (N1.38tn), the Nigerian Extractive Industries Transparency Initiative has said. NEITI also stated that the restructuring at the Nigerian National Petroleum Corporation was part of its recommendations...
- Posted August 18, 2015
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NCAA confirms 146 private jets in Nigeria
The Nigerian Civil Aviation Authority (NCAA) has confirmed that there are 146 corporate jets in the country of which only 46 were registered in Nigeria while 100 has foreign registration. Director General of NCAA, Captain Muhktar Usman...
- Posted August 18, 2015
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Equities Market sheds N252bn on profit taking
The Nigerian equities market shed N252 billion last week as some investors took profit following the previous week’s positive run on the Nigerian bourse. in a major reversal of fortune, the market had in the previous week ...
- Posted August 18, 2015
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Dollar scarcity: Banks cut customers’ card spending abroad
Nigerian banks are fast running out of dollars to continue settling their foreign counterpart banks who undertake payments for transactions done overseas by Nigerian naira debit and credit cardholders. As a result of the development, some banks...
- Posted August 18, 2015
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FG, Lagos owe Ikeja Electric N5.27bn
The military, Federal Government ministries, departments and agencies as well as the Lagos State Government are owing Ikeja Electric a sum of N5.276bn for electricity supplied to them, our correspondent has learnt. Ikeja Electric is one of...
- Posted August 18, 2015
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Criticism trails CBN policy on ATM withdrawal limit
Some bank customers in Jos on Monday criticised the new Central Bank of Nigeria’s policy which cut down withdrawals from Automated Teller Machines. The customers, in separate interviews with the News Agency of Nigeria, expressed disappointment with...
- Posted August 18, 2015
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ICCO tasks Nigeria on $400m Cocoa Fund
The International Cocoa Organisations (ICCO) wants Nigeria to benefit from the $400 million it has sourced from international financiers to improve cocoa production among its member countries. According to the ICCO Executive Director, Jean-Marc Anga, who made...
- Posted August 18, 2015
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Most Nigerians don’t understand insurance – Daniel
Mr. Fola Daniel ended his tenure as the Commissioner for Insurance, National Insurance Commission in July. In this interview with NIKE POPOOLA, he speaks on some of his policies and challenges Three Nigerian insurance companies were recently...
- Posted August 18, 2015