Masonry Layout

SEC, sole approving authority for securities—Adeosun  Finance Minister, Mrs. Kemi Adeosun, has reiterated that the responsibility for the supervision, regulation and approval of issuance of securities in the local market for Nigeria’s internal debt rests solely with the Securities and Exchange Commission (SEC). The minister stated this in a circular explaining that, in line with its powers as conferred by …

Read More »

File photo Apapa gridlock killing trade facilitation programme, says NPA The Managing Director, Nigerian Ports Authority (NPA), Ms Hadiza Usman, said the traffic gridlock in Apapa had affected access into the ports and killing trade facilitation programme of government. According to a statement by NPA on Monday in Lagos, Usman said this at a stakeholders meeting held in her office. …

Read More »

Naira loses 85% of value in two years – CBN …enjoins risk managers to be on top of their job As Nigerians continued to grapple with the hash economic realities bedeviling the domestic economy, the Central Bank of Nigeria has disclosed that the naira has lost about 85 per cent of its value in the last two years and that …

Read More »

Advertisement

Read More »

Advertisement

Read More »

FCMB reports N140.7bn gross earnings in Q3 Despite the hash economic realities in the domestic economy, First City Monument Bank (FCMB) Group Plc yesterday reported N140.7 billion in gross earnings for the third quarter ended September 2016, 29 per cent above N109.3 billion recorded in the same period prior year. The group non-interest income stood at N44.8 billion, for Q3 …

Read More »

  Ecobank Collaborates With NIBSS On New Mobile Payment Solution mCash   Ecobank has joined a collaboration between the Nigeria Interbank Settlement Scheme, NIBSS and the four major telecommunications operators, Etisalat, MTN, Airtel and Globacom, to offer a new and innovation mobile money payment solution, mCash. The new mobile payment solution enables easy payments using the mobile phone for account …

Read More »

States Consider Inputs Into National Economic Recovery Plan Commissioners of Budget and Economic Development and Permanent Secretaries of related departments in States of the Federation on Thursday gathered in Abuja to contribute ideas and consider inputs into the National Economic Recovery and Growth Plan (ERGP). The gathering was part of the Federal Government initiative to harvest inputs from all segments …

Read More »

  Unclaimed Dividend: Investors Paid Over N29bn from November Last Year Till-Date -Gwarzo FRIDAY EKEOBA As part of the Securities and Exchange Commission (SEC) drive to reduce the unclaimed dividend in the domestic economy, Registrars of companies in the Nigerian capital market have paid over N29 billion to investors that have not been able to claim their dividend. The Director …

Read More »

Dangote donates food items to IDPs The Yobe Committee on Resettlement of Internally Displaced Persons (IDPs) on Friday distributed food items donated by Dangote Foundation to nine communities in Tarmuwa and Damaturu Local Government Areas. Alhaji Abubakar Aliyu, the state Deputy Governor and Chairman of the IDP resettlement committee, while distributing the materials in Babbangida, said that Dangote Foundation was …

Read More »