Tag: Business

Council of State Confirms IGP, approves Commissioners for INEC, NPC
September 8, 2016 No Responses

Council of State Confirms IGP, approves Commissioners for INEC, NPC

The Council of State and the Police Service Council have confirmed the appointment of Mr Ibrahim Idris as the Inspector General of Police.  Briefing State House Correspondents on the outcome of the meeting, the Governor of Jigawa State, Mr Abubakar...
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Uncertities over Edo Elections
September 8, 2016 No Responses

Uncertities over Edo Elections

TO be or not to be, That was the situation with Edo State Election scheduled to hold on Saturday, September 10, 2016.   Already, the  Department of State Services, DSS, on Wednesday advised the Independent National Electoral Commission (INEC) to...
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Buhari mourns Olorogun Michael Ibru
September 8, 2016 No Responses

Buhari mourns Olorogun Michael Ibru

President Muhammadu Buhari has consoled the family of Olorogun Michael Ibru, who died on Tuesday in the United States of America (USA) at 85.  The President also commiserated with the Government and people of Delta State and the Urhobos in...
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‘Nigeria begins visa on arrival for foreign investors soon’
September 7, 2016 No Responses

‘Nigeria begins visa on arrival for foreign investors soon’

As part of measures to encourage foreign investors, the Federal Government is to commenece issuance of Visa at point of entry into Nigeria.   According to the Vice President, Prof Yemi Osinbajo, the development is expected to curtail perceived bureaucratic b...
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IBM Appoints Dipo Faulkner as Country General Manager for Nigeria
September 7, 2016 No Responses

IBM Appoints Dipo Faulkner as Country General Manager for Nigeria

IBM has announced the appointment of Ernest Oladipo Faulkner as Country General Manager, IBM Nigeria. He succeeds Taiwo Otiti who served as Country General Manager, West Africa, since 2010. Dipo will be responsible for IBM’s overall business in Nigeria w...
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Shareholders seek adequate awareness on proposed amendments to CAMA
September 7, 2016 No Responses

Shareholders seek adequate awareness on proposed amendments to CAMA

Members of the Proactive Shareholders Association of Nigeria have urged relevant Government agencies to prevail on the Corporate Affairs Commission (CAC) to extend till end of the year proposed amendment of the Companies and Allied Matters Act (CAMA).  Accord...
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FG task banks on fight against corruption, terrorism
September 7, 2016 No Responses

FG task banks on fight against corruption, terrorism

The Federal Governmet has challenged financial services sector in Nigeria to support ongoing efforts to tackle corruption, terrorism and money laundering in Nigeria.   Speaking at the 10th Annual Banking and Finance Conference in Abuja, President Muhammadu Bu...
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Nigerians mourn Olorogun Michael Ibru
September 7, 2016 No Responses

Nigerians mourn Olorogun Michael Ibru

Tributes have continued to pour in for Olorogun Michael Ibru, the patriarch of the Ibru family and chairman of the Ibru organization, who died in the United States of America at the age of 86 years.   An economist, Dr...
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Aruna gets improved ranking in Africa
September 7, 2016 No Responses

Aruna gets improved ranking in Africa

Similar to his record as the first African to make the top 30 in the world, Rio Olympic Games quarterfinalist, Nigeria’s Aruna Quadri has inscribed his name in the annals of history in the continent after leaping to 25th in...
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NSE unveils 2016 essay competition
September 7, 2016 No Responses

NSE unveils 2016 essay competition

The Nigerian Stock Exchange (NSE) has announced the commencement of its 2016 edition of essay competition for students in Senior Secondary Schools in all states of the federation.  The topic for this year’s edition is “What is the biggest obstacle...
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Customs FOU impounds N250 M contrabands in two months
September 7, 2016 No Responses

Customs FOU impounds N250 M contrabands in two months

The Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone ‘A’ Ikeja  Lagos within the period of July-August 2016 intensified its  anti-smuggling operations by intercepting various contrabands with a  duty paid value (DPV) of 186,911,500.00 ...
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Ghana scraps Terminal Handling Charges at Seaports
September 6, 2016 No Responses

Ghana scraps Terminal Handling Charges at Seaports

The Ghanian Ministry of Transport has directed that Terminal Handling Charges (THC) should not be charged by any body as local charge at any of the country’s ports.  This followed an investigation into the introduction of the Charges by shipping...
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First Bank appoints Alebiosu as Chief Risk Officer
September 6, 2016 No Responses

First Bank appoints Alebiosu as Chief Risk Officer

First Bank of Nigeria Limited has announced the appointment of Mr. Olusegun Alebiosu as its new Chief Risk Officer (CRO).   Prior to this appointment, Olusegun was the Chief Risk Officer of Coronation Merchant Bank.  Mr. Alebiosu’s appointment, which is...
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Wema Bank reopens Minna Branch
September 6, 2016 No Responses

Wema Bank reopens Minna Branch

Wema Bank Plc has continued its expansion plan with the reopening of its branch in Minna, Niger State.   Located at  35 Bosso Road, Minna, this  comes barely a year after the bank obtained a national banking licence from the...
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