FG working to release fund for next batch of retirees—PenCom
The Acting Director-General of National Pension Commission (PenCom), Mrs Aisha Dahir-Umar, on Wednesday said the Federal Government had begun modalities for pension payments to next batch of retirees....
View ArticlePhoto News: Zenith-Prudential Insurance Life Limited Host August Edition of...
From left: President of the Nigerian Council of Registered Insurance Brokers (NCRIB) Kayode Okunoren; Managing a Director Zenith-Prudential Insurance Life Limited, Chuks Igumbor; Yeside Kazeem of...
View ArticleUnited Bank for Africa Plc: Upward Revision to 2017F
In its recently released H1-17 results, UBA recorded a significant growth in gross earnings (+34.51% y/y), driven by impressive growth across income lines – interest income (+44.25%) and non-interest...
View ArticleUBA makes prudential provision on 9mobile loan
The United Bank for Africa Plc says it has made a prudential provision on loans made to 9mobile, the mobile operator formerly known as Etisalat Nigeria. The lender did not give details of the provision...
View ArticleNSE Says will Hold 56th AGM September 25, 2017
Notice Is Hereby Given that the Fifty-Sixth Annual General Meeting of Members of the Nigerian Stock Exchange (“The Exchange”) will be held at the NSE Event Centre, 20th floor, Stock Exchange House,...
View ArticleGOCOP at Presidential Villa, seeks accreditation of more members
The recently elected executives of the Guild of Corporate Online Publishers (GOCOP) on Friday visited Nigeria’s seat of power, Aso Rock. The GOCOP team, led by its new President, Dotun Oladipo, was...
View ArticleSUV segment leaders with N7.9m price tag for Changan CS35
Stallion Motors Limited has announced price offer of N7.9m for the new Changan CS35 entry-level Sport Utility Vehicle (SUV) to cater for a growing demand for vehicles in the compact SUV market segment....
View ArticleHeritage Bank MD, Others not Involved in N13Billion Fraud
Our attention has been drawn to Sunday Punch Newspaper and other online news (Sunday 27th August) report of an alleged N13billion fraud involving the Managing Director and other staff members of the...
View ArticleKIDNAP KINGPIN, EVANS PLEADS GUILTY AS LAGOS ARRAIGNS HIM, OTHERS IN COURT
Kidnap kingpin, Chukwudumeme Onwuamadike popularly known as Evans (left) and others during their arraignment before an Ikeja High Court for masterminding series of high profile kidnapping in the State,...
View ArticleAMBODE DONATES N5M TO WIDOW OF BURNT KIDNAP VICTIM
Lagos State Governor, Mr. Akinwunmi Ambode has donated N5million to the widow and children of Osaze Omorogbe, a community leader killed and burnt by kidnappers for leading security agents to foil...
View ArticleAccrued Pension Rights: Lagos State disburses N740 million to 255 Retirees.
Mrs. Folashade Onanuga The Lagos State Government has disbursed the sum of N742 million to 255 retirees in the month of August, 2017. Governor Akinwunmi Ambode, who was represented by the...
View ArticleStanbic IBTC Holdings Plc H1’17 – Earnings Beat Estimates Despite Higher...
· Strong loan and deposit growth defies industry trend · Board declares interim dividend of ₦0.60 per share · TP revised upward to N28.39 (Previous: N25.74) Top and bottom line beat estimates, higher...
View ArticleAccess Bank Q2 2017 Results Review: Moving to Neutral
Increase to our price target largely priced in Access Bank’s (Access) Q2 2017 results were mixed but PAT was only 4% ahead of our forecast. As such, we have increased our 2017-18E EPS forecasts by...
View ArticleHeadline Inflation to Slide Marginally to 16.03% In August 2017
We forecast that headline inflation will decline slightly for the seventh consecutive month to 16.03%, as base year effects wear out. Month-on-month inflation is also expected to slide to 0.99% (12.55%...
View ArticleUBA applies for UK banking licence, provides for N38bn 9mobile loan
The management of United Bank for Africa Plc, has said that it had applied to the Financial Services Authority of the United Kingdom for a banking license in its bid to further connect Africa to the...
View ArticleOsinbajo lauds Obaseki, WACOT on Edo Fertilizer
The Vice President, Prof. Yemi Osinbajo, has commissioned the Edo Fertilizer and Chemical Company Limited, Auchi, a public private partnership between the state government and WACOT Limited, which has...
View ArticleOsinbajo commissions BUA Group’s $1bn ultramodern cement factory in Okpella
BUA Group, has unveiled its 1billion dollars Obu Cement factory in Okpella, Edo state at a commissioning ceremony performed by Vice President Yemi Osinbajo. During the ceremony, the Vice President also...
View ArticleWe are prepared to partner with UK investors – Osinbajo
As the Buhari administration continues its drives to promote private sector partnership, it remains ready to provide the necessary assistance to private investors looking to invest in the country,...
View ArticleFG begins probe of contractors tax records
As part of efforts to improve tax compliance levels, the Federal Government has commenced reviewing the tax compliance records of all contractors who received payments from the Federal Government and...
View ArticleEFCC Recovered N409bn, $69.5m in eight months – Magu
The Economic and Financial Crimes Commission (EFCC) says it has recovered about N409 billion and secured 137 convictions nationwide between January and August 2017. The acting chairman of the...
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