All posts tagged "headline"

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  CBN plans credit system to ease access to funds

  The Central Bank of Nigeria on Wednesday unveiled plans to establish a National Credit Scoring System to enhance access to credit. The apex bank Governor, Mr. Godwin Emefiele disclosed this while speaking at a seminar on “Rebasing...

  • Posted June 19, 2014
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  Oil theft in Nigeria reduces OPEC’s output – IEA

  The activities of oil thieves in Nigeria are currently telling on the output of the Organisation of Petroleum Exporting Countries in terms of depleting oil exports. With the demand for oil currently picking up due to a...

  • Posted June 19, 2014
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  Interest rate cut not feasible now – Bankers’ Committee

  The Bankers’ Committee on Tuesday said that it might be difficult for the Central Bank of Nigeria to achieve lower interest rates for the country owing to the current macroeconomic environment. The committee, at the end of...

  • Posted June 19, 2014
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  ITF seeks intervention fund from PenCom, SURE-P, SWF

  The Industrial Training Fund on Tuesday called on the Federal Government to provide an intervention fund to enable the agency equip its training centres across the federation. The Director-General, ITF, Dr. Juliet Chukkas-Onaeko, made the appeal in...

  • Posted June 19, 2014
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  CBN steps up financial literacy campaign

  The Central Bank of Nigeria (CBN) yesterday commenced its two-day financial literacy campaign in Ibadan for residents in Oyo State. The bank said it had identified the need for virtually all bank customers to be abreast of...

  • Posted June 19, 2014
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  Diamond Bank applies to raise N50.37bn through rights issue

  Diamond Bank Plc last week submitted an application to the Nigerian Stock Exchange (NSE) to raise about N50.374 billion via a rights issue  as part of the bank’s capital raising exercise. Shareholders of the financial institution had...

  • Posted June 18, 2014
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  ATM errors: CBN orders banks to refund monies to customers

  The Central Bank of Nigeria (CBN) has directed all deposit money banks (DMBs) in the country to return all monies in their possession as a result of Automated Teller Machines’ (ATMs’) non-dispense or partial dispense errors to...

  • Posted June 18, 2014
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  FG, US consortium sign MoU for 400MW plant

  The Federal Government on Monday signed a Memorandum of Understanding with a United States of America consortium, Team Africa, for the construction of a 400-megawatt power plant in Bayelsa State. The Minister of State for Power, Mr....

  • Posted June 18, 2014
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  PayPal expands payment services to Nigeria, 9 other market

  PayPal is set to enter Nigeria and nine new countries this week. A total of 80 million internet users stand to gain access to PayPal global services. They include those in five European markets – Belarus, Macedonia,...

  • Posted June 18, 2014
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  Interswitch launches transport solution at MMA2

  Interswitch Transnational, one of the leading pan-African integrated payments companies, has launched its new SmartMove solution at Murtala Muhammed Airport Terminal 2 (MMA2). Interswitch said in a statement that SmartMove has been deployed at the airport as...

  • Posted June 18, 2014
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