Economy Archives — Page 189 of 222

October 4, 2017 No Responses

FirstBank’s payment card issuance hits 10 million

First Bank of Nigeria Limited has been named the first financial institution in Nigeria and the West-Africa sub-region to issue 10 million cards to customers across the country. A statement issued by the Bank on Tuesday explained that “This...

October 3, 2017 No Responses

BPE Photo News

The Director General of Bureau of Public Enterprises (BPE ), Mr. Alex A. Okoh, rings the closing bell for the day’s business at the Nigerian Stock Exchange (NSE ), Lagos on Friday, September 29, 2017. With him are Pai Gamde,...

October 1, 2017 No Responses

How to finance key govt projects, create jobs through capital market, by Arunma Oteh

By Moses Ebosele, ebosele@hotmail.com – Stock Exchanges and Market Infrastructure Entities (MIEs) are agents of social change, Vice President and Treasurer of the World Bank, Arunma Oteh has said. According to Oteh, MIEs are critical to sustainab...

October 1, 2017 No Responses

Nigeria still critically sick at 57

(Statement by Comrade (Dr.) Bobboi Bala Kaigama, President of Trade Union Congress of Nigeria (TUC), on the Occasion of the 57th Independence Day Anniversary of the Country on 1st October, 2017). “The world will never respect Africa until Nigeria...

September 29, 2017 No Responses

SEC arraigns BGL officials over alleged capital market scam

The Securities and Exchange Commission (SEC)on Thursday arraigned BGL Group and its officials at the Chief Magistrate Court Zone 6, Abuja on charges of criminal conspiracy, Breach of Trust and cheating contrary to Sections 96, 312, 322 and 323 of the...

September 27, 2017 No Responses

‘FG released N336b capital funds to MDAs in Q1 2017’

The Federal Government has, to date, released N336 billion from the 2017 Budget to Federal Ministries, Departments and Agencies for the funding of capital projects in the first quarter of 2017. The balance of N14 billion is being processed, pending...

September 22, 2017 No Responses

Minister lauds BPE, seeks support for NIPOST agenda

The Nigerian Postal Service (NIPOST) is being reformed to undertake e-commerce and e-government services, the Minister of Communications, Alhaji Abdur-Raheem Adebayo Shittu has said. According to the Minister, the development is a strategic response to tech...

September 20, 2017 No Responses

ILO implores UN General Assembly on 152 million in child labour, others

New research developed jointly by the International Labour Organization (ILO) and the Walk Free Foundation in partnership with the International Organization for Migration (IOM), has revealed the true scale of modern slavery around the world. The data, rel...

September 20, 2017 No Responses

FG pledges more support for capital market, inaugurates Investment and Securities Tribunal

The Minister of Finance, Mrs. Kemi Adeosun, on Tuesday reconstituted ten-man Investment and Securities Tribunal (IST), which has Siaka Isaiah Idoko as the Chairman. Other members are: Jude I. Udunni, Mr. Nosa Osemwengie, Abubakar A. Ahmad, Albert L. Otesile,...

September 20, 2017 No Responses

SEC bans Ogiemwonyi for life, suspends Omoragbon

The Securities and Exchange Commission (SEC) has banned the Managing Director of Partnership Investment Company Plc and Partnership Securities Limited, Mr. Victor Ogiemwonyi for life from holding directorship positions in any public company in Nigeria fo...

September 20, 2017 No Responses

Global coalition to boost equal pay for women at work

One of the most persistent barriers to women’s success at work and to economic growth, unequal pay, will be actively challenged by a new global partnership, the Equal Pay International Coalition (EPIC) . With the launch of EPIC, the International Labour...

September 19, 2017 No Responses

Employee fraud in UK hits £40m in one year

Businesses in the United Kingdom reported more than £40m in losses from employee fraud in 2016, figures published by Chartered Institute of Personnel Development (CIPD) revealed on Monday. The data, which was obtained by accountancy firm RSM under a freedom.....

September 19, 2017 No Responses

NSE Photo News

L – R Shows Bonaventure Onwuji, Listing Compliance Manager, The Nigerian Stock Exchange (NSE); Godstime Iwenekhai, Acting Head, Listings Regulation Department, NSE; Tinuade Awe, General Counsel, Head of Regulation, NSE; Agnes Lutukai, Head of Department, Pro...

September 19, 2017 No Responses

At NSE investor clinic, dematerialisation, direct cash settlement, e-dividend take centre stage

The Nigerian Stock Exchange (NSE) has conducted an investor clinic designed to educate capital market stakeholders on ‘The role of Dematerialization, Direct Cash Settlement and E-dividend in the development of the Nigerian Capital Market’. Held in Lag...