All posts tagged "LAGOS"
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Increasing external debt is inimical to the economy – Nzekwe
Dr Samuel Nzekwe, a former President, Finance Houses Association of Nigeria (FHAN), on Tuesday said that the rising external debts of Nigeria could lead to further depreciation of the naira. The Debt Management Office (DMO) has put...
- Posted May 15, 2013
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Nigeria will become gateway to African capital markets – Dangote
Alhaji Aliko Dangote, the President, Nigerian Stock Exchange (NSE), says Nigeria will soon be the gateway to African capital markets. Dangote made the forecast at the 52nd Annual General Meeting (AGM) of the NSE on Friday in...
- Posted May 5, 2013
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Niger Insurance unveils life annuity product into market
NIGER Insurance plc has unveils life annuity product into the market as part of efforts to ensure that retirees in the country are self-sufficient financially and live comfortably after their active working life. The company’s Managing Director,...
- Posted April 8, 2013
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Airtel alleged illegal lottery: Court joins NCC as defendant
A Federal High Court in Lagos has joined the Nigerian Communications Commission, NCC, as a defendant in a suit seeking to revoke the operating licence of Airtel Nigeria Limited for allegedly operating an illegal lottery. Trial judge,...
- Posted March 19, 2013
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Third party cheque policy takes off June 1
The Central Bank of Nigeria (CBN) has ordered all banks to implement the policy on third party cheque withdrawal limit with effect from June 1, 2013, in a move to ensure uniform compliance by all the financial...
- Posted March 14, 2013
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Aero Contractors Airline grounded due to strike over ‘recent cost-cutting measures’
Nigerian airline Aero Contractors Co. said all flights have been grounded until further notice due to staff strikes over cost-cutting measures. Aero management is in talks with unions “to find a quick and amicable resolution,” company spokesman...
- Posted March 14, 2013
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Analysis shows NSE transactions improved in February
Transactions on the Nigerian Stock Exchange (NSE) improved considerably in February as investors staked N107.78 billion on 13.69 billion shares in 155,992 deals during the month. These were against the 10.94 billion shares valued at N81.79 billion...
- Posted March 8, 2013
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First Registrars introduces e-voting at AGM
First Registrars Nigeria Limited has introduced an electronic tele-voting device for casting of votes electronically with little or no human intervention during Polls. The new innovation was showcased at the Honeywell Flour Mills Plc Extra-Ordinary yearly meeting...
- Posted March 5, 2013
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Police declare two wanted over wonder banks
The Police in Lagos have declared two people wanted for conspiracy, fraud, obtaining money by false pretence and operating illegal financial institution/wonder banks in Kachia town, Kaduna state. Pastor Godswill P. Yazonom and Engineer Philemon I. Gora were...
- Posted February 24, 2013
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Aviation workers to begin warning strike on Friday
Aviation workers, on Wednesday, announced plans to embark on one-day warning strike on February 22, over alleged non-implementation of the new salary structure by the management of the Nigerian Airspace Management Agency (NAMA). The workers are under...
- Posted February 21, 2013