Masonry Layout

MTN Nigeria has paid a total of N110 billion into the coffers of the government out of the N330 billion imposed on it by the Nigerian Communications Commission. Executive Vice Chairman of the NCC, Prof. Umar Danbatta, disclosed this at a workshop on Code of Corporate Governance organised by the commission in Kano on Thursday. He also disclosed that the …

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The Central Bank of Nigeria (CBN), says it has disbursed N55 billion to more than 250,000 farmers within two years of implementation of the Anchor Borrowers Programme ( ABP ). The Acting-Director, Corporate Communications Department, CBN, Isaac Okorafor confirmed the figure on Wednesday in Abuja during a media briefing on the implementation of the programme. The ABP was launched in …

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The Dangote Rice processing mill with the production capacity of 250,000 metric tonnes per annum to be ready in sokoto this year. This was announced by the Executive Director, Stakeholders Management and Corporate Communication of Dangote Group, Engineer Mansur Ahmed during a courtesy call on Governor Aminu Waziri Tambuwal. According to him, already they have taken delivery of the milling …

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The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that the Agency is taking deliberate steps to work with the Judiciary and other arms of Government to reposition Nigeria’s maritime industry, by providing necessary updates on information and law in the maritime sector.  Speaking at the opening of the 7th Strategic Admiralty Law …

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First Bank of Nigeria Limited has recorded ‘strides’ in its Financial Inclusion services delivery, via its 894 quick banking, a USSD based channel that enables customers to access banking services using any type of phone and without data/internet. The 894 banking scheme, “which is the fastest growing USSD scheme in the market, grew by about 250% in 2017 to now …

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…Inspects Road Project President of Dangote Group, Aliko Dangote has assured that the Apapa Port Wharf concrete road currently under construction by his company, AG Dangote would be delivered on schedule to save the people and businesses the hassles of the traffic gridlock being experienced now. He gave the assurance yesterday when he visited the construction area in company with …

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The inflation rate, measured by the Consumer Price Index (CPI), has further dropped to 15.13 per cent in January from 15.37 per cent recorded in December, 2017, National Bureau of Statistics, NBS has said. The NBS disclosed this in its CPI report for January 2018 released on Wednesday in Abuja. The Consumer Price Index (CPI), which measures inflation, started the …

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Central Bank of Nigeria (CBN) has said that it needs  more powers to be able to revoke the licences of erring banks and also to inject funds into any ailing bank. CBN Governor, Godwin Emefelie, stated this yesterday in Abuja at the commencement of a public hearing organised by the House of Representatives Committee on Banking and Currency on a bill …

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The International Organization of Securities Commissions (IOSCO) on Tuesday issued a consultation report proposing policy measures for its members to consider when addressing the risks arising from the offer and sale of OTC leveraged products to retail clients. The Report on Retail OTC Leveraged Products identifies various regulatory approaches aimed at enhancing the protection of retail investors who are offered OTC leveraged products, often …

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The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, has urged the media to collaborate in enlightening the public on potential of the Blue Economy. Peterside made the plea at a one-day seminar organised for maritime journalists on Tuesday in Lagos. “Presently, the public lacks knowledge of the Blue Economy. The Blue Economy itself lacks legal framework and investments. …

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