Finance – Page 18 – City Business News

January 4, 2018 No Responses

‘Oando’s forensic audit to commence this month’

There is no going back on the forensic audit of Oando Plc, the Acting Director-General of the Securities and Exchange Commission (SEC), Mr. Abdul Zubair, has said. Speaking at a press briefing in Abuja on Tuesday, Zubair said the...

January 3, 2018 No Responses

SEC extends forbearance window for multiple accounts consolidation to March 31

The Securities and Exchange Commission (SEC) has extended the forbearance window for multiple accounts consolidation to March 31, 2018. Speaking at a press briefing on Tuesday in Abuja, Acting Director General of SEC, Dr. Abdul Zubair said:“With a view...

December 30, 2017 No Responses

Obaseki signs Edo’s N150b 2018 Budget into Law

The Governor of Edo State, Mr Godwin Obaseki, has signed the state’s 2018 appropriation bill as passed by the Edo State House of Assembly, into law. At the signing ceremony in Government House, Benin City, on Friday, Obaseki said the...

December 28, 2017 No Responses

Heritage Bank Photo News

L-R: 3rd Position, Miss Ondo, Anne Ufuomanefe; Executive Director, Heritage Bank, Mr. Jude Monye, incoming 41st Miss Nigeria, Miss Adamawa State, Mildred Peace Ehiguese; Executive Director, Heritage Bank, Mrs. Adaeze Udensi; Second Position Miss Delta State...

December 23, 2017 No Responses

Union Bank announces changes to its Board of Directors

Union Bank of Nigeria Plc (Union Bank) has announced changes to the membership of its Board of Directors with the retirement of an Executive Director, Mr. Ibrahim Kwargana and the resignations of Non-Executive Directors, Engr. Mansur Ahmed, Chief Dr. (Mrs.)...

December 22, 2017 No Responses

Customs hits N1trillion highest revenue collection

The Nigeria Customs Service (NCS) has recorded its highest revenue collection ever of over N1 trillion as against N770 billion target set for 2017. The Service Public Relations Officer, Mr Joseph Attah, announced this at a news conference in Abuja...

December 22, 2017 No Responses

UNIJOS, others acquire subsidiaries of Nigerian Mining Corporation

The National Council on Privatisation (NCP), at its 4th meeting for 2017,approved the privatisation of the remaining 5 (out of the 23) subsidiaries of the Nigerian Mining Corporation (NMC). The NCP approved the sale of Naraguta Bricks and Clay Company...

December 21, 2017 No Responses

Obaseki inaugurates pension committee, fine-tunes strategy to clear N3.9bn arrears

The Governor of Edo State, Mr. Godwin Obaseki, has said the state has put up structures to clear pension arrears accumulated from 1996 to 2000, noting that the migration of public servants to the contributory pension scheme will forestall a...

December 20, 2017 No Responses

NSE Photo News

L – R: Mr. Mohammed Olatunde Amolegbe, 2nd Vice President, Chartered Institute of Stockbrokers (CIS); Mr. Oluwaseyi Abe, President, CIS; Mr. Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE) and Newly Inducted Associate Member ...

December 19, 2017 No Responses

Oando shareholders insist on forensic audit

Shareholders under the aegis of the Oando Shareholders Solidarity Group (OSSG) have faulted recent claims by the management of the company that it dragged the Securities and Exchange Commission (SEC) to court to protect shareholders’ interest. In a stat...

December 19, 2017 No Responses

First Bank Photo News

Nigerian music superstar, Davido with Managing Director/Chief Executive Officer, First Bank of Nigeria Limited, Adesola Adeduntan, during a courtesy visit by Davido to the Corporate Headquarters of FirstBank, as part of activities marked to create awareness fo...

December 18, 2017 No Responses

Heritage Bank gets CBN’s sustainable banking award in agric

Heritage Bank has been bestowed with the inaugural Nigeria Sustainable Banking Award convened by the Central Bank of Nigeria (CBN) “For Sustainable Transaction of The Year in Agriculture.” The award which was in recognition of its outstanding success and l...

December 16, 2017 No Responses

NSE Photo News

L – R shows Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE) presenting a replica of the gong to Annabelle Degroot, Managing Director, International Breweries Plc during the Closing Gong Ceremony at the Exchange in Lagos.