All posts tagged "headline"

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  Mainstreet Bank gets new chairman

  The Central Bank of Nigeria has approved the appointment of Alhaji Gambo Ahmed as the Chairman of the Board of Directors, Mainstreet Bank Limited. The appointment follows the recommendation of Ahmed by the Asset Management Corporation of...

  • Posted June 20, 2014
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  Banks lose N40bn to Internet fraud – CBN

  Nigerian banks lost N40bn to cybercrimes in 2013, the Central Bank of Nigeria disclosed on Wednesday. The Chief Information Security Officer, CBN, Mr. Taiwo Longe, made this disclosure at the first National Cyber Security Forum in Lagos....

  • Posted June 20, 2014
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  New airlines: Domestic fares crash by 56%

  The entry of some new airline operators into the domestic segment of the Nigerian aviation industry has led to a crash of over 56 per cent in airfares on domestic routes; investigations by our correspondent have shown....

  • Posted June 20, 2014
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  Shake-up in CBN, Emefiele redeploys deputy governors

  The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, on Wednesday began the reorganisation of the institution with the redeployment of the deputy governors of the bank. The development was confirmed in a statement issued...

  • Posted June 20, 2014
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  Over one million jobs under threat in cement industry – NLC

  Protesting workers in the chemical and non-metallic sector on Tuesday asked the federal government to reconsider its proposed plan to review the cement policy in favour of only one type, warning that more than one million direct...

  • Posted June 20, 2014
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  Stockbrokers send 17 nominees for NSE Council membership

  The Association of Stockbroking Houses (ASHON) has sent names of dealing members that will represent stockbrokers on the Council of the Nigerian Stock Exchange (NSE), THISDAY checks have revealed. Sources close the NSE disclosed that 17 nominees...

  • Posted June 19, 2014
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  Budget deficit: FG may meet 3% of GDP ceiling

  Experts in the nation’s financial service sector have predicted that Nigeria’s deficit for the year would meet the ceiling of three per cent of gross domestic products (GDP) set in the Fiscal Responsibility Act (2007). The deficit...

  • Posted June 19, 2014
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  Inflation may rise to 10% before September — Rewane

  The national headline inflation may increase from the current rate of eight per cent to 10 per cent within three months if nothing is done about the impact of emerging inflationary threats, the Chief Executive Officer, Financial...

  • Posted June 19, 2014
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  Benin Disco secures US Agency grant

  Benin Electricity Distribution Plc (BEDC) has recorded a major milestone as the first distribution company to benefit from a grant funding by United States Trade and Development Agency (USTDA). Minister of Power, Professor Chinedu Nebo, had earlier...

  • Posted June 19, 2014
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  Nigeria records improvement in Social Progress Index

  Nigeria improved its ranking on the Social Progress Index 2014, a report by the National Competitiveness Council of Nigeria (NCCN) showed tuesday. This was as a result of regulatory reforms and increased competitiveness as a means to...

  • Posted June 19, 2014
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