All posts tagged "headline"
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FCMB commences operations in UK
First City Monument Bank Limited says it has commenced commercial banking operations at its London subsidiary, FCMB (United Kingdom) Limited. The bank said the development followed approval by the regulatory authorities in late 2013 to begin wholesale...
- Posted March 25, 2014
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Ikeja Disco to install 115 transformers in April
The Ikeja Electricity Distribution Company has embarked on the installation of transformers in areas under its purview, with a promise to inject 115 transformers into the system in the next one month. The Managing Director/Chief Executive Officer,...
- Posted March 25, 2014
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Insurers responsive to victims of security incidents – NAICOM
Families of police victims of the security situation in the country, particularly in the North, have not really felt the impact of loss of loved ones because insurance have been responsive to their plight. Commissioner for Insurance,...
- Posted March 25, 2014
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MPC meets to discuss falling reserves, naira
The nation’s fast depleting external reserves and the persistent pressure on the naira will top the agenda as the Central Bank of Nigeria’s Monetary Policy Committee begins its two-day meeting today (Monday). Being the first MPC meeting...
- Posted March 24, 2014
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Senate screens new CBN governor, deputy on Tuesday
The Senate will tomorrow (Tuesday), begin the formal screening of Messrs. Godwin Emefiele and Adebayo Adekola, as the new Governor and Deputy Governor of the Central Bank of Nigeria respectively. This was contained in the Notice Order...
- Posted March 24, 2014
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NLNG celebrates celebrates 3000th LNG export cargo
The Nigeria Liquefied Natural Gas (NLNG), says the country had earned as much as 24 billion dollars in revenue and dividends from its operations in Bonny Island in the last 15 years of its formal existence. ...
- Posted March 24, 2014
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LG chairman wants FG to intervene in ALSCON’s ownership crisis
The Chairman, Ikot Abasi Local Government Area, Ufot Udoinyang, has urged the Federal Government to intervene in the ownership crisis at the Aluminum Smelter Company of Nigeria (ALSCON), Ikot Abasi. Udoinyang said in Ikot Abasi, Akwa Ibom,...
- Posted March 24, 2014
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NERC bows to consumers’ pressure, sets target for DISCOs
At last, the Nigerian Electricity Regulatory Commission has expressed its disappointment in the failure of the power distribution companies to deliver their service commitments to the market three months into the year although the latter insist the...
- Posted March 24, 2014
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Group withdraws objection to Emefiele’s nomination for CBN governorship
Public Interest Lawyers League (PILL) Sunday in Abuja made a u- turn and withdrew its objection to the nomination of Godwin Emefiele as the Governor of Central Bank of Nigeria CBN. The group had last week written...
- Posted March 24, 2014
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Nigeria still struggling to grow local oil capacities
The country is still struggling to grow local capacities in the oil and gas industry, an achievement that had been recorded in other parts of the world. The Group Managing Director, Arco Group, Mr. Alfred Okoigun, said...
- Posted March 24, 2014