All posts tagged "headline"

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  NNPC raises alarm on diversion of petrol by marketers

  Concerned that the nationwide scarcity of petrol has refused to ease despite its efforts to flood the market with the product, the Nigerian National Petroleum Corporation (NNPC) has raised the alarm over the alleged diversion of trucks...

  • Posted July 21, 2015
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  Fund managers urged to comply with new capital requirement

  The President, Fund Managers Association of Nigeria (FMAN), Mr. Michael Oyebola, has urged member firms of the association to  comply with the new minimum capital set by the Securities and Exchange Commission (SEC) before the September 30,...

  • Posted July 21, 2015
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  Naira remains under pressure as MPC meets Thursday

  Economic and currency analysts expect the naira to remain under pressure at the parallel market this week even as the Monetary Policy Committee of the Central Bank of Nigeria meets on Thursday and Friday to take key...

  • Posted July 21, 2015
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  External financial flows into Nigeria now N4.38tn

  The Central Bank of Nigeria (CBN) latest External Sector Development Report (ESDR), has revealed that external financial flows to Nigeria has continued to grow with the current transfers amounting to $21.9 billion (N4.38 trillion) in 2014. Remittances...

  • Posted July 21, 2015
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  Forex pressure: CBN to intensify use of administrative tools

  As the pressure faced by the naira in the parallel market becomes intense, analysts at Financial Derivatives Company Limited (FDC) have anticipated that the Central Bank of Nigeria (CBN) will increase use of administrative measures in its...

  • Posted July 21, 2015
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  NSE pushing Africa’s financial market through technology — Onyema

  The Chief Executive Officer of the Nigerian Stock Exchange, Mr. Oscar Onyema, has said that through technology, “the NSE is presently championing the development of Africa’s financial markets and has become the first West African country member...

  • Posted July 21, 2015
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  FCMB improves in KPMG survey

  KPMG, leading international consultancy firm, has recognised First City Monument Bank Limited as the fourth most customer-focused bank in the Small and Medium Enterprises segment with a score of 74.94 per cent. It also rated the lender...

  • Posted July 21, 2015
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  Stock market will rebound in third quarter — Capital Bancorp

  The Managing Director and Chief Executive Officer, Capital Bancorp, Mr. Aigboje Higo, says he expects the nation’s stock market to rebound in the third quarter of the year. Higo, who expressed the optimism in an interview with...

  • Posted July 21, 2015
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  Mutual Benefits, Truckmaster introduce 48-hour car financing scheme

  A new finance scheme for the purchase of new cars that will be concluded in two days has been introduced in Nigeria, courtesy of Mutual Benefits Assurance Plc and Truckmasters Nigeria Limited. Specifically, the scheme would enable...

  • Posted July 21, 2015
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  Kwara set to partner banks for economic prosperity

  Kwara State Governor, Alhaji Abdulfatah Ahmed has said his administration would continue to partner any commercial banks especially in the financing of its economic development programmes. This, he said would go a long way at enhancing the...

  • Posted July 21, 2015
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