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All posts tagged "headline"

  • Senate amends Companies and Allied Matters Act

    The Senate on Wednesday passed a bill seeking to amend the Companies and Allied Matters Act, 2004. The bill, among other provisions, requires the Corporate Affairs Commission to subject the appointment of its chairman to the Senate...

    • Posted April 11, 2014
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  • Access Bank supports National Identity Management Scheme

    Access Bank Plc said it had provided an equipped office for the National Identity Management System project, as part of its commitment towards the success of the programme. The office, which is situated in Lagos, is expected...

    • Posted April 11, 2014
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  • NNRC backs forensic audit of NNPC

    The Nigerian Natural Resource Charter has supported the idea of subjecting the Nigerian National Petroleum Corporation to a forensic audit.  This was contained in a communiqué issued by the charter after a roundtable on transparency in the...

    • Posted April 11, 2014
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  • NCC to license another frequency spectrum in the 3.5 GHz band

    Following the successful auction of the remaining 30MHz spectrum in the 2.3 GHz band in February this year,  the Nigerian Communications Commission (NCC) has concluded fresh arrangement to license another available frequency slot in the 3.5 GHz...

    • Posted April 11, 2014
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  • MoneyGram partners Diamond Bank on fund transfer

    MoneyGram has announced the commencement of a partnership with Diamond Bank Plc to provide premium money transfer service at strategic locations in the country. Speaking on behalf of Diamond Bank Plc, the bank’s Executive Director, Retail Banking,...

    • Posted April 10, 2014
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  • Skye Bank records N17bn profit

    Skye Bank Plc has announced a profit before tax of N17.136 billion for the financial year ended December 31, 2013. The amount represents an increase of 3.79 per cent over the N16.510 billion recorded in the corresponding...

    • Posted April 10, 2014
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  • NB Plc’s shareholders to enjoy higher dividends

    Shareholders of Nigerian Breweries Plc will continue to enjoy robust dividend payment going forward, the  Finance Director of the company, Mr. Jasper Hamaker, said Tuesday. Speaking at the Pre-Annual General Meeting of media briefing in Lagos, Hamaker...

    • Posted April 10, 2014
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  • World Bank okays $140m loan for Nigerian communities

    The World Bank has approved $140m additional support for community development in Nigeria. A statement issued by the bank on Tuesday said 26 states were to benefit from the project, which will focus on the most vulnerable...

    • Posted April 10, 2014
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  • Adelabu assumes duty as CBN Deputy Governor

    Two weeks after his confirmation by the Senate, Mr. Adebayo Adelabu on Wednesday formally assumed his new role as the Deputy Governor of the Central Bank of Nigeria. The development was confirmed by a statement by the...

    • Posted April 10, 2014
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  • Nnaji, stakeholders decry poor state of power infrastructure

    A former Minister of Power, Professor Barth Nnaji and some of the new owners of the distribution companies, Tuesday, declared that Nigeria’s power generating facilities are obsolete and unreliable. They however, suggested embedded generation as short-term solution...

    • Posted April 10, 2014
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