All posts tagged "headline"

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  GTBank appoints Oyinlola Non-executive Director

  Guaranty Trust Bank Plc (GTBank) has announced the appointment of Mr. Hezekiah Sola Oyinlola as a Non- executive Director. Oyinlola replaces Mrs. Stella Okoli on the bank’s board of directors following her recent retirement in compliance with...

  • Posted June 28, 2014
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  Credit to private sector drops to N16.769tn

  Banking sector credit to the private sector declined by N248 billion to N16.769 trillion as at the end of May 2014, compared to the N17.017 trillion it was at the end of April 2014. According to the...

  • Posted June 28, 2014
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  Otti urges FG to review capital investment

  The Group Managing Director, Diamond Bank Plc, Dr. Alex Otti, says there is a need for the Federal Government to review its policies where about 80 per cent of its revenue is expended on recurrent expenditure. He...

  • Posted June 28, 2014
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  Shareholders approve Jaiz Bank’s bid for national licence

  Shareholders of Jaiz Bank Plc yesterday approved the bank’s bid to get a national operating licence in order to establish its presence across the country. It also emerged that the bank has grown its assets base to...

  • Posted June 28, 2014
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  ANAN tasks FG on 2014 budget implementation

  The President of the Association of National Accountants of Nigeria (ANAN), Alhaji Sakirudeen Labode has urged the federal government to expedite action on the implementation of the 2014 budget. Labode made the plea in a statement yesterday...

  • Posted June 28, 2014
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  Naira loses N1.5k against dollar

  The Naira on Friday depreciated against the dollar, dropping by N1.5k at the Bureau De Change (BDC) market. The News Agency of Nigeria reports that  Naira was traded at N166.5k  as against N165 which it traded on June...

  • Posted June 28, 2014
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  BDCs: Suspend N35m capital base – Reps tell CBN

  The House of Representatives on Thursday summoned the Governor of the Central Bank of Nigeria, Mr. Godwin Emiefele, over the new capital base of N35m set for Bureau de Change operators. The House, which asked the CBN...

  • Posted June 28, 2014
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  N2.9bn metering fund: Ex-power firm chiefs may face EFCC

  The Nigerian Electricity Regulatory Commission has described as criminal the lack of accountability in the N2.9bn metering intervention fund created by the Federal Government in 2011, saying the matter will be reported to the Economic and Financial...

  • Posted June 28, 2014
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  FG, labour dispute delaying refineries privatisation – BPE

  The prolonged disagreement between the Federal Government and key labour unions in Nigeria’s petroleum sector is the major issue delaying the privatisation process of the country’s four refineries, the Bureau of Public Enterprises has said. According to the...

  • Posted June 28, 2014
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  Nigeria’s SWIFT payment traffic rises 353% in four years

  Payments traffic on the SWIFT platform in Nigeria recorded an amazing 353 per cent rise in the last four years, according to figures released yesterday and made available to THISDAY. The development specifically underscores the explosive growth...

  • Posted June 28, 2014
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