Business

The Nigerian Institute for Social and Economic Research (NISER) has been charged to consistently generate credible knowledge through quality research, specialized training and consultancy services to aid national development. Minister of Budget and National Planning, Senator Udoma Udo Udoma, who gave the charge at a retreat organized by the institute, in Ogere, Ogun State on Monday, said it must ensure …

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The Murtala Mohammed Airport has been certified by the Nigerian Civil Aviation Authority (NCAA) in line with the International Civil Aviation Organisation (ICAO) and Nigeria Civil Aviation Regulations (NCARs). At the NCAA Conference Room, the Director General, Capt. Muhtar Usman presented the Certificate with no. NCAA/ARD/AC/001 to the Managing Director of the Federal Airport Authority of Nigeria (FAAN), Engr. Saleh …

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The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending has entered into a N50 billion agriculture financing partnership with Stanbic IBTC Bank for the 2017 and 2018 dry and wet seasons. A Memorandum of Understanding was signed in Abuja by the Managing Director, NIRSAL, Aliyu Abdulhameed, and his Stanbic IBTC Bank counterpart, Dr. Ademola Shogunle. Under the terms of the …

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The Managing Director, Bank of Industry, Mr. Olukayode Pitan, says the bank has provided a total of N24 billion to industrialists in Kano State. He gave the figure on Sunday in Abuja during a meeting with the Kano State Governor, Abdullahi Ganduje. He stated that that the bank through the disbursement of the funds had generated about 96,000 direct and …

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Union Bank of Nigeria (UBN) Plc has concluded arrangements to float its N50 billion rights issue on Wednesday as the first generation bank seeks to regain its leadership in the banking industry. Union Bank plans to raise N49.745 billion from existing shareholders through a rights issue of 12.133 billion ordinary shares of 50 kobo each at N4.10 per share. The …

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A herd of investment and finance experts over the weekend reached a consensus that the solution to inadequate infrastructure financing lies in private capital funding. According to them, for the fact that governments have finance constraints, long-term funding that is independent of government budget and boards in an ongoing basis is required , if big ticket projects must be embarked …

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The President/Chief Executive of the Africa Finance Corporation (AFC), Mr. Andrew Alli has revealed that Nigeria needs to spend US$3 trillion on economic infrastructure over the next 30 years, if the country must meet its own ambitious development goals. Speaking at the annual conference of the Finance Correspondents Association of Nigeria (FICAN) on Saturday, September 16, 2017, in Lagos, Alli …

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The Ecobank Group has upgraded its Mobile App to now offer Xpress Cash service. The Xpress Cash service allows customers access cash from Ecobank ATMs using e-Tokens generated from their Mobile App.  The Xpress Cash e-Token gives the customer total control over theirs funds to make convenient withdrawal by self or send to 3rd parties via SMS, email or social media. …

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Heritage Bank Plc, has aligned forces with Cross River State and Senator Florence Ita Giwa-led Seagull Band to educate the people on Climate Change: A time for Change. The event which held in Lagos recently was put together by Seagull Band, one of the five bands of the Carnival Calabar at a symposium titled “An evening of lecture and stage presentation …

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Photo Caption: From Left: Customer Service Manager, Ecobank Nigeria, Benibo Ayanaba Gladstone; Senior Special Assistant to Benue State Governor on Emergency Management, Hon. Tsea Vincent; Branch Business Head, Ecobank Nigeria, Otokpa Ogenyi and Recovery Officer, Ecobank Nigeria, Simon Muje, during the presentation of relief materials by Ecobank Nigeria to Benue flood victims at the Internally Displaced Persons (IDPs) camp in Makurdi at the …

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