All posts tagged "headline"
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CBN seeks timely resolution of bank customers’ complaints
The Central Bank of Nigeria (CBN) has stressed the need to put in place adequate measures to ensure that bank customers’ complaints are timely resolved. The central bank stated this in a letter titled: “Exposure of Draft...
- Posted July 29, 2014
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Slow dollar demand to raise naira, other currencies
The summer holiday is expected to slow demand for the dollar, allowing the naira to gain some ground this week, while the usual month-end buying of local currencies is expected to buoy African units in general. The...
- Posted July 29, 2014
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FCTA attracts N1.8tn private investment
The Minister of the Federal Capital Territory (FCT), Senator Bala Mohammed, has stated that the Federal Capital Territory Administration (FCTA) has attracted N1.8 trillion ($11 billion) worth of private capital investments to the FCT since April 2010...
- Posted July 29, 2014
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Bankers urged to focus on capacity development
Banks and other financial institutions in Nigeria have been advised to pay greater attention to capacity development in their organisations. This call was made by the Director, Centre for Research in Leadership and Ethics at the Pan-Atlantic...
- Posted July 29, 2014
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MNP: 193,000 subscribers change networks
A total of 193,000 subscribers have switched to new service providers since the introduction of the Mobile Number Portability in the country, the Nigerian Communications Commission has said. The Director of Public Affairs, Mr. Tony Ojobo, said...
- Posted July 29, 2014
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Vandalism: Refineries get crude oil through marine vessels
Nigerian refineries currently get crude oil supply through marine vessels as opposed to the use of pipelines, the Nigerian National Petroleum Corporation has revealed. According to the corporation, the refineries had to change tactics as a result...
- Posted July 29, 2014
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2013 account: NAICOM approves 22 insurance firms
As of July 25, only 22 firms had submitted and received approval from the National Insurance Commission on their 2013 financial accounts. The commission, which gave this indication, also threatened to take ‘regulatory actions’ against firms that...
- Posted July 29, 2014
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Engineers link poor service to substandard equipment
Engineers in the telecommunication companies have linked the recent poor quality of service in the country to the installation of substandard equipment. Findings by our correspondent showed that two major national licensed operators were the biggest culprits...
- Posted July 29, 2014
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Makoju supports SON on cement standardisation
The Chairman of Cement Manufacturers’ Association of Nigeria (CMAN), an arm of Manufacturers’ Association of Nigeria (MAN), Mr. Joseph Makoju, has clarified that the 42.5 cement grade has more superior efficacy over and above the 32.5 grade,...
- Posted July 29, 2014
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FG generates N4.03tn in six months
A total of N4.03tn was collected as federal revenue within the first six months of the year, figures obtained from the Ministry of Finance on Friday had revealed. The amount was generated from two major revenue sources....
- Posted July 28, 2014