Tag: City

CBN Injects $210 Million In Wholesale Segment, Others
November 28, 2018 No Responses

CBN Injects $210 Million In Wholesale Segment, Others

The Nigerian Apex Bank, the Central Bank of Nigeria (CBN) on Tuesday said it injected the sum of $100 million to dealers in the wholesale segment of the foreign exchange market. The CBN also made interventions of $55 million each...
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Senate Seeks Suspension Of New Tariff On Alcohol
November 28, 2018 No Responses

Senate Seeks Suspension Of New Tariff On Alcohol

Nigerian Senate on Tuesday urged the Federal Government to put on hold the implementation of the excise tariff increment on alcoholic beverages and tobacco products.   The upper chamber said the suspension should be in force until all stakeholders  have...
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Photo News
November 28, 2018 No Responses

Photo News

L- R: Abolaji Oyebo, Head, Technology, The Nigerian Stock Exchange (NSE); Tinuade Awe, Executive Director, Regulation, NSE; Bola Adeeko, Head, Shared Services Division, NSE; Oscar N. Onyema, OON, Chief Executive Officer, NSE; Michele Carlsson, Managing Directo...
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GM To Sack 14,000 Workers, Close Eight Plants
November 27, 2018 No Responses

GM To Sack 14,000 Workers, Close Eight Plants

Citing rising costs and drop in car sales, General Motors (GM) has concluded plans to halt production at five factories and cut more than 14,000 jobs. The US carmaker has also announced it will close three plants outside North America...
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Heritage Bank Boss Seeks Sustained Human Capital Development In Financial Institutions
November 27, 2018 No Responses

Heritage Bank Boss Seeks Sustained Human Capital Development In Financial Institutions

The MD/CEO of Heritage Bank Plc, Ifie Sekibo has emphasized the importance for human capacity development amongst staff of financial institutions for improved operations.The MD who stated this at a 3-day yearly Internal Control and Audit Conference organised b...
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NSE Photo News
November 27, 2018 No Responses

NSE Photo News

L – R: Mr. Aigboje Aig-Imoukhuede, Ex-officio, The Nigerian Stock Exchange (NSE); Olawale Oluwo, Commissioner for Energy and Mineral Resources, Lagos State; Dr. Oba Otudeko, Past President, NSE; Ms. Mary Uduk, Acting Director General, Securities and Exchang...
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Report: Women Still Earning 20 Per Cent Less Than Men
November 27, 2018 No Responses

Report: Women Still Earning 20 Per Cent Less Than Men

Global wage growth in 2017 fell to its lowest rate since 2008, far below levels before the global financial crisis, according to a new International Labour Organization (ILO) report.  The Global Wage Report 2018/19  finds that in real terms (adjusted...
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Photo News
November 27, 2018 No Responses

Photo News

L-R: Kunle Mide-Akinlaja, Executive Producer, The Next Titan; Olumuyiwa Akande, Corporate Affairs, Manager, SIFAX Group; Ogechukwu Obah, Winner, Next Titan Season 5 and Adewale Adetayo, General Manager, SIFAX Haulage & Logistics Company Limited presenting ...
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Commission Approves Sale of HSH Nordbank
November 27, 2018 No Responses

Commission Approves Sale of HSH Nordbank

The European Commission has approved the sale of HSH Nordbank by the German Länder of Hamburg and Schleswig-Holstein to private investors. The approval was granted after the Commission found the sale was carried out through an open, competitive and non-discri...
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Photo News
November 27, 2018 No Responses

Photo News

R-L: Umar F. Abdullahi, immediate past chairman The PEARL Awards Nigeria, Oluwatoyin Sanni, member board of governors The PEARL Awards Nigeria presenting the Pearl Awards Capital Market Journalist of the year 2018 to Iheanyi Nwachukwu, head capital markets, Bu...
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Presco Emerges 2018 Agric Firm As MD Bags CEO Of The Year Award
November 26, 2018 No Responses

Presco Emerges 2018 Agric Firm As MD Bags CEO Of The Year Award

A key player in the agriculture sector of the Nigerian Stock Exchange (NSE), Presco Plc, has emerged winner of the Agriculture Company of the year 2018.   At a colourful ceremony held at Eko Hotels in Lagos on Sunday, the...
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Photo News
November 26, 2018 No Responses

Photo News

From left: Acting Executive Commissioner Operations, Securities and Exchange Commission, SEC, Mr. Isyaku Tilde, President PEARL Awards, Mr. Tayo Orekoya, Acting Director General SEC, Ms. Mary Uduk, President Association for the Advancement of the Rights of the...
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Emissions: Range Rover Evoque Gets Hybrid Technology
November 25, 2018 No Responses

Emissions: Range Rover Evoque Gets Hybrid Technology

Land Rover is to add fuel-saving plug-in and mild hybrid power trains to the new-generation Range Rover Evoque recently unveiled.  The Evoque has been a success since it was introduced in 2010 with just over 772,096 units built to date....
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Construction Of Warri-Itakpe Rail Corridor To Generate 1,000 Jobs
November 25, 2018 No Responses

Construction Of Warri-Itakpe Rail Corridor To Generate 1,000 Jobs

The Federal Government is to employ over 1000 workers for the construction of  Warri-Itakpe standard gauge rail corridor, Managing Director, Nigerian Railway Corporation (NRC) Mr.Fidet Okhiria has said.   Okhiria said: “It’s about 320km, about 12 station...
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