All posts tagged "headline"
-
Delegates fault privatisation exercise
The privatisation exercise in the country came under scrutiny as delegates at the ongoing National Conference yesterday faulted the entire exercise being carried out by the federal government. It stated that the processes were not transparent as...
- Posted June 15, 2014
-
FG seeks $200m German support for proposed development finance institution
The federal government has moved a step further to actualise its proposed wholesale development finance institution aimed at ensuring the growth of the real sector as it seeks to secure a $200 million (about N32 billion) soft...
- Posted June 15, 2014
-
Local investors’ participation on NSE drops to 25%
The level of local investors’ participation on the Nigerian Stock Exchange, NSE, has continued to shrink since the beginning of the year with their percentage contribution to transactions on the Exchange declining to 24.75 percent as at...
- Posted June 15, 2014
-
US imposes conditions of entry on Nigerian vessels
The United States government yesterday imposed “Conditions of Entry (COE)’’ on vessels originating or calling from Nigerian ports. The US mission in Nigeria said in a statement that it was henceforth, required that Nigerian vessels met certain...
- Posted June 15, 2014
-
Banks urged to closely monitor politically-exposed persons
The Central Bank of Nigeria (CBN) has advised financial institutions to keep close check on transactions involving high risk customers such as politically exposed persons (PEPs) and financially exposed persons (FEPs). The Deputy Governor (Financial System Stability),...
- Posted June 15, 2014
-
Access Bank UK profit rises to £2.3m
Access Bank United Kingdom Limited, a subsidiary of the Nigeria-based Access Bank Plc, says it has grown its profit after tax by 30 per cent to £2.3m for the year ended December 31, 2013. According to a...
- Posted June 15, 2014
-
Rockefeller Foundation invests $.5m in Ajegunle IT project
The Rockefeller Foundation has announced a grant of $500,000 to Paradigm Initiative Nigeria for the expansion of its Ajegunle.org project. The project has worked since 2007 from Ajegunle, an acclaimed underserved community in Lagos State, to connect Nigerian youths...
- Posted June 15, 2014
-
IOSCO intensifies work on market-based finance
The Board of the International Organisation of Securities Commissions has increased its efforts to conclude the organisation’s work on market-based finance. The organisation is working towards promoting capital markets around the world as major drivers of economic...
- Posted June 15, 2014
-
Agriculture should be seen as key business – Adesina
The Minister of Agriculture, Dr. Akinwunmi Adesina, has said agriculture should be positioned as a good business in the country. Adesina, who spoke at the recently held Agrikexpo and FOODBXT West Africa, both of which were exhibitions...
- Posted June 15, 2014
-
Caverton recovers further as investors renew demand
The share price of Caverton Offshore Support Group Plc recovered further yesterday at the stock market as more investors renewed demand for the shares on news of the company’s move to diversify its income base. Caverton, a...
- Posted June 15, 2014