SEC Investigating Oando Plc
According to media reports, the Securities and Exchange Commission (SEC) is investigating Oando Plc (“the company”) over alleged malpractices in its financial statements and has sent a formal letter to...
View ArticleUpdate: SEC Investigation: Oando Says Claims Unsubstantiated, Misleading and...
By NKECHI NAECHE—-Oil major, Oando Plc on Friday said that the company understands that the Secuurities and Exchange Commission (SEC) is in receipt of correspondence containing (in their opinion)...
View ArticleNo Visible Relief for Petroleum Marketers
The National Bureau of Statistics (NBS) has released its latest report in its premium motor spirit (PMS) price watch series. The report shows the average monthly price for PMS (petrol/gasoline)...
View ArticleIBN rebrands, unveils new identity
Lagos; 13th July 2017: Insurance Brokers of Nigeria (IBN), Nigeria’s premier insurance broking firm has strategically unveiled its new brand identity. IBN, a fully integrated risk management and...
View ArticleNSE lifts suspension on Equity Assurance Shares
By NKECHI NAECHE—-The Nigerian Stock Exchange (NSE) has lifted suspension of trading in the shares of Equity Assurance PLC. The bourse had on July 5, 2017 suspended Equity Assurance Plc and 16...
View ArticleA.M. Best Places Credit Ratings of African Reinsurance Corporation Under...
A.M. Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of African Reinsurance Corporation (Africa...
View ArticleNASS Member, Wamakko Is Dead
A member of the House of Representatives from Sokoto State, Mr Abdullahi Wamakko, is dead. Wamakko, aged 50, is said to have died in Abuja on Friday. He reportedly passed on after a brief illness and...
View ArticleOver N11.9billion Lost To Ponzi Schemes In 2016, Says CBN
By our Reporter: Over N11.9 billion was lost by Nigerians to various Ponzi schemes in 2016 alone, according to the Central Bank of Nigeria (CBN). CBN Acting Director, Corporate Communications, Alhaji...
View ArticleAccess bank group/UNICEF initiative – 10 years commitment to Africa
*Polo Day at Guards aimed at raising further awareness and funds for further development initiatives Saturday July 15 – Access Bank Group, along with 5th Chukker, The Access Bank UK and Access...
View ArticleAccess Bank Wins Karlsruhe Sustainability Award for 2nd Consecutive Year
Access Bank Plc has just scored a rare repeat performance at the 2017 Karlsruhe Sustainable Finance Awards in Germany by receiving the “Outstanding Business Sustainability Achievement Award 2017”....
View Article1,600 FEMALE ENTREPRENEURS BENEFIT AS ACCESS BANK CONCLUDES THE WOMENPRENEUR...
In line with its commitment to empower women with the skills they need to thrive in the economy, Access Bank recently concluded the first season of the the much talked about Womenpreneur Workshop by...
View ArticleLG ELECTION: LAGOS ANNOUNCES RESTRICTION OF MOVEMENT
…Urges Voters To Perform Their Civic Duty Peacefully The Lagos State Government has announced restriction of vehicular movement in the State on Saturday July 22, 2017 in view of the elections that will...
View ArticleHeritage Bank, Biase Plantations seal N232m pact on oil palm p
L-R: Mrs. Adaeze Udensi, Executive Director; Retail & SME Bank; Jude Monye, Executive Director Business Banking; who both represented the MD/CEO of Heritage Bank Plc, Ifie Sekibo; presenting a gift...
View ArticleShare Manipulation: NSE goes live with Nasdaq SMARTS market surveillance...
NASDAQ and the Nigerian Stock Exchange (NSE) have launched a new market surveillance platform powered by SMARTS, Nasdaq’s flagship surveillance solution to curb share manipulation. The technology...
View ArticleInflation drops 16.1% in June
THE Nigeria annual inflation has eased for fifth straight month, slowing to 16.10 percent at the end of June, 2017.The Consumer Price Index (CPI) which measures inflation increased by 16.10 percent...
View ArticleStop The Killings-TUC Warns
Last weekend’s killings and destruction livestock and other properties at Mambilla Plateau in Sardauna Local Council of Taraba State involving the Fulanis and Mambilla ethnic groups has brought to...
View ArticleHonda recalls 2.1m Accords worldwide
American Honda will voluntarily recall 2.1 million Accord models worldwide made between 2013 and 2016, after five reports that the vehicle’s battery sensors caused engine fires. Honda said 1.1...
View ArticleFashola, Oyegun, Others at the 11th Abuja Housing Show
Hon. Minister of Power, Works & Housing, Mr Babatunde Fashola, SAN(right) and Chairman, Urban Shelter Ltd, Mallam Ibrahim Aliyu(left) during the 11th Abuja Housing Show on the theme, “Solving...
View ArticleForex: CBN Boosts Supply With $195m
The Central Bank of Nigeria (CBN), in continuation of its FOREX supply drive, on Monday, July 17, 2017, intervened in the inter-bank Foreign Exchange Market to the tune of $195million. Figures...
View ArticleWema Bank Pretax Profit Appreciates 10.4% H1 2017
BY NKECHI NAECHE—-Wema Bank Plc on Tuesday said its pretax profit rose 10.4 percent for the half-year (H1) period ended June 30, 2017 to N1.43 billion when compared to N1.29billion reported in...
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