New Mercedes-Benz G-Class to debut this month
Mercedes will host world premiere of G-Class W464 this in January 2018 at the North American International Auto Show in Detroit. Also, the company will begin to accept orders for the next generation...
View ArticleFG lost 148,533 million litres of PMS to diversion
The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, on Thursday disclosed that the nation lost about 148,533000 million litres of fuel to diversion during...
View ArticleFitch: T-Bill supply slowdown may hurt Nigerian bank profits
Nigerian banks may find it more difficult to sustain profitability given the decline in net treasury bill (T-bill) issuance in Nigeria’s 1Q18 issuance programme, Fitch Ratings says. The slowdown in...
View ArticleGhana: SSNIT increases monthly pension by 10%
Those on the current minimum pension of GH¢276.00 will have their pensions increased to GH¢303.60 The Social Security and National Insurance Trust (SSNIT) has increased the monthly pension by 10% for...
View ArticleGhana: MultiChoice contributes $23m to Ghana’s economy in three years...
MultiChoice Ghana has directly contributed over $23 million towards Ghana’s GDP in the last three, this is according to the Board Chairman Richard Darko. He said, “this is in addition to significant...
View ArticleSSNIT increases minimum pension benefit to GHC303
Existing pensioners with the Social Security and National Insurance Trust (SSNIT) will from January 2018 enjoy ten percent increase in the benefits paid by the Trust. It follows the upward review of...
View ArticleExpert advises SMEs to embrace strategic branding
L-R : Mr Mfon Joseph, Convener Innovation Driven Entrepreneur Academy (IDEA) Entrepreneurship Summit, Mr Seye Olurotimi, Lead Consultant/ CEO, CedarTribe Limited,Dr Charles Onwuzuluigbo, CEO, Oceanic...
View ArticleFidelity Bank Partners SystemSpecs for Federal Collections via *770#
Top Nigerian lender, Fidelity Bank Plc is championing a ground breaking innovation in the collection of internally generated revenue (IGR). Working in conjunction with SystemSpecs, a leading...
View ArticleFlour Mills Set for N39.9 Billion Rights Issue at N27.00 Per Share
Following the receipt of shareholders’ approval in May 2015 to raise additional capital via a Rights Issue, Flour Mills of Nigeria PLC (“the Company” or “Flour Mills of Nigeria” or “FMN”) has now...
View ArticleEdo partners World Bank on expenditure framework, inclusive growth
The Edo State Government has revealed that it is partnering with the World Bank on its Medium-Term Expenditure Framework (MTEF) and Medium Term Sector Strategy (MTSS), for efficient allocation of...
View ArticleKLM settles stranded passengers with €600 each
KLM has offered to give its passengers who were denied their flight due to overbooking, €600 each as compensation. The passengers, totaling sixteen (16), couldn’t embark on the scheduled flight from...
View ArticleCBN to Sanction Erring Banks e-Payments Service Providers for Infraction of...
Further to our Circular referenced BP5IDIR/GENICIR/02/007, dated 29th July 2015, on the above subject, please be informed that operators in the National Payments System shall be sanctioned with a...
View ArticleFinancial Year End Update: Zenith Bank Suspends Trading on Own Shares by...
In line with post-‘listing requirements of the Nigerian Stock Exchange for quoted companies, Zenith Bank Plc hereby informs you of the scheduled commencement of the closed period for trading in the...
View ArticleNigerian Stocks End 2018 First Full Trading Session Bullish
The Nigeria equities market began the week on a bullish note, gaining +2.38% in today’s trading session. Also, Market breadth index ended positive with 37 gainers against 9 decliners. CONOIL...
View ArticleBack to School: FirstBank Rolls out Bouquet of Educational Solutions for Schools
It is the beginning of another school term and as students return to school after the long holidays, First Bank of Nigeria Limited is in its usual style supporting schools with their educational...
View ArticleN100bn revenue shortfall: FG orders contractors to show TIN before payment
The Honourable Minister of Finance, Mrs. Kemi Adeosun with the Chief of Air Staff, Air Marshal Sadique Baba Abubakar, during the visit of Abubakar to the Minister on Tuesday, 9th January, 2018....
View ArticlePremium Pension Name Sanda Mairami as new MD/CEO
Mr. Umar Sanda Mairami As part of its strategy to provide excellent services and reposition the Company to greater heights, Premium Pension Limited appointed Mr. Umar Sanda Mairami as the new...
View ArticleUnmask The Killer Squad in Benue and Sponsors
The Trade Union Congress of Nigeria (TUC) on Tuesday called on the Federal Government and all security bodies in the country to fish out those behind the unabated killings in Benue the same way it was...
View ArticleInfotech Security: DIAMOND BANK RECEIVES ISO/IEC 20000-1:2011 CERTIFICATION
L – R : Uzoma Dozie, Chief Executive Officer , Diamond Bank Plc; Lanre Bamisebi, Chief Information Officer, Diamond Bank Plc; Vikas Mulkutkar, British Standard International Representative (BSI) ;...
View ArticleNigeria’s external reserves Hit $40.4 Billion as CBN Injects $210m into...
As projected by the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele at the Annual Bankers’ Dinner of the Chartered Institute of Bankers (CIBN) in Lagos last November, the nation’s...
View Article