CBN Injects $364m into Inter-Bank Forex Mark
The Central Bank of Nigeria (CBN) on Tuesday, August 15, 2017, intervened in the Inter-Bank Foreign Exchange Market to the tune of $364million in a bid to sustain liquidity in the market. A breakdown...
View ArticleGTBank First Glance: Despite 52.85 y/y Decline in NIR, EPS Rose 13.73%
Guaranty Trust Bank Plc (GUARANTY) this afternoon released H1-2017 results, wherein gross earnings grew marginally by 2.01% y/y, supported by a surge in interest income (+51.11% y/y), which more than...
View ArticleEcobank Unveils “World Class” Premier Banking Lounge in Port Harcourt
Ecobank Nigeria has unveiled a world class Lounge in Port Harcourt for its Premier Banking customers in the South South Region of the country. The Port Harcourt Premier Banking lounge which is the...
View ArticleParamilitary Exemption Bill Of National Assembly: At Whose Interest?
BY NKECHI NAECHE—-The introduction of the Contributory Pension Scheme (CPS), in Nigeria by the Pension Reform Act 2004 was as a result of crisis and fraud that characterized the Defined Benefit scheme....
View ArticleGuinness Nigeria N39.7 Billion Rights Issue closes on 31 August 2017
Guinness Nigeria Plc’s (GUINNESS) Rights Issue, opened on 24 July, 2017, will close on Wednesday, 30 August 2017. The Rights Issue is being undertaken to enable GUINNESS optimize its capital...
View ArticleSEC Reveals Plan To Introduce Electronic Annual Report
* Says only 432,000 unique individuals has BVN BY NKECHI NAECHE— The Nigeria’s Securities and Exchange Commission (SEC) on Wednesday said henceforth annual report will be transmitted to...
View ArticleGunmen attacks EFCC office in Abuja
A major security breach was recorded at the headquarters of the EFCC in the early hours of Wednesday, August 16, 2017 as unknown gunmen attacked the office located at Wuse Zone 7, Abuja. The group of...
View ArticleWema Bank opens new branch in Maraba
Wema Bank, the pioneer of Nigeria’s first fully digital bank ALAT, is reinforcing its presence in northern Nigeria as it opened a new branch in Maraba, Nasarawa State. Maraba is growing rapidly as an...
View ArticleNigerian Breweries lauds media on Golden Pen Awards entries
NIGERIAN Breweries Plc has commended the media for rallying support for the huge harvest of entries for the 9thGolden Pen Awards sponsored by the company. Submission of entries for the 9th edition of...
View ArticleFederal Government hands over Presidential Lodge, Marina to Lagos State
The Federal Government on Thursday handed over the Presidential Lodge, Marina to the Lagos State Government in fulfillment of the promise of President Muhammadu Buhari to entrust the edifice to the...
View ArticleEconomic Crisis: Bismarck Rewane Faults Jonathan, Buhari Administrations
The Chief Executive Officer of Financial Derivatives Company, Bismarck Rewane, has blamed the immediate past and present administrations for the crisis in Nigeria’s economy. This comes amid a war of...
View ArticlePublic officials took N400bn bribe in 1 year-NBS
The National Corruption Survey published by the National Bureau of Statistics has shown that Nigerians have spent about N400 billion on payment for bribe between June 2015 and June 2016. According to...
View ArticleSEC Nigeria Gives Update on H1 Capital Market Comm
The Securities and Exchange Commission held its 2nd quarter Capital Market Committee (CMC) Meeting on August 15, 2017 at the Federal Palace Hotel, Victoria Island, Lagos. The event which is a gathering...
View ArticleAccess Bank Encourages Savings through Family For
Foremost Nigerian financial institution, Access Bank Plc has rewarded 120 of its loyal customers whilst promoting financial inclusion and encouraging a savings culture in Nigeria. This is in line...
View ArticleCaverton Lands Five-Year Contract with NNPC Partner C
Caverton Helicopters, a subsidiary of Caverton Offshore Support Group Plc. a fully indigenous company listed on the Nigerian Stock Exchange has been awarded a 5 year logistics support contract by CNL,...
View ArticleGuinness Ghana hits jack pot on stock market
Guinness Ghana Breweries Limited the leading total Beverage Business in the country with an outstanding collection and the only beverage business listed on the Ghana Stock Exchange hit a jack pot on...
View ArticleAnti-theft product:Nissan dealer to pay $298,000 penalties
New York dealership of Nissan, New Rochelle has agreed to pay more than $298,000 in restitution and penalties for deceptively charging hundreds of customers for a phony anti-theft product. According to...
View ArticleFG begins audit of banks’ remittances to CBN
The Federal Government has commenced audit of remittances of its funds into the Treasury Single Account (TSA) by Deposit Money Banks. Speaking in Abuja at a two-day workshop for finance journalists on...
View ArticleVan Vicker shares pictures of himself and wife from his Las Vegas birthday
African celebrated actor, Van Vicker who turned 40 on the 1st of August spent his special day with his wife of 14-years, Adjoa in Las Vegas. He shared the above photo of him trying to kiss his wife and...
View ArticleMajid Michel angry over Ghana’s marriage registration system
Actor, Majid Michel and wife According to the actor, the Registrar General’s Department must devise modern approach to protect the institution of marriage. To him, the only way the state can help...
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