Information Archives — Page 432 of 437

November 6, 2016 No Responses

EFCC confirms ex-Customs boss returned N1 billion

(NAN) The Economic and Financial Crimes Commission (EFCC) has confirmed media reports that a former Comptroller-General, Nigeria Customs Service (NCS), Abdullahi Dikko, returned N1 billion to the Federal Government. The commission’s spokesperson, Wilson Uwujaren, gave the confirmation via SMS to...

November 6, 2016 No Responses

LCCI Photo News

Caption: Representative of the Government and Secretary to the State Government, Mr Tunji Bello(2nd Left) cutting the tape to declare open the 2016 Lagos International Trade Fair while being assisted by the Commissioner for Commerce and Cooperatives, Mr Rotimi...

November 5, 2016 No Responses

BMW explains increase in third-quarter profit

(Bloomberg/Reuters)- BMW Group’s third-quarter profit rose 1.1 percent as demand for its SUVs propelled sales in Europe and China, offsetting a slump in the U.S. Earnings before interest and taxes climbed to 2.38 billion euros ($2.64 billion) from 2....

November 5, 2016 No Responses

Dana Air named official airline for 2016 legislative summit

Dana Air has been announced as official airline of the House Representatives 2016 Legislative Summit on Sustainable Development Goals, scheduled to hold on the 22nd and 23rd of November 2016, at the National Assembly Complex, Abuja. This year’s summi...

November 5, 2016 No Responses

Facebook promotes safety online in Lagos, Kenya

Two months after Facebook Chief Executive Officer Mark Zuckerberg traveled to Nigeria and Kenya to meet with developers, partners, and entrepreneurs, Alex Stamos, Chief Security Officer at Facebook, gave a keynote address at the CyberXchange security confere...

November 3, 2016 No Responses

How to grow liquidity in emerging market exchanges, by Arunma Oteh, others

The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers on Wednesday in Cartagena, Colombia held a roundtable to discuss how best to grow liquidity in emerging market exchanges. The session which form part ...

November 1, 2016 No Responses

Fidelity Bank declares N110.3B gross earnings in nine months

For the nine months ended September 30, 2016, Fidelity Bank Plc attained N110.3 Billion gross earnings, indicating three per cent increase when compared to its previous N107 billion. Also within the period, deposit increased by 3.4 per cent to N795.6...

November 1, 2016 No Responses

Arik Air lifts 19.5m passengers in 10 years

Despite various challenges, Arik Air has in the ten years of its operations flown over 19.5 million passengers. Managing Director, Chris Ndulue, explained on Monday that the Airline has grappled with a myriad of challenges in one decade of...

November 1, 2016 No Responses

Ogun sacks labour leaders, 14 others

(NAN)Eleven days after Ogun workers embarked on an indefinite strike, government responded today with the dismissal of the state chairman of the Nigeria Labour Congress, NLC, Akeem Ambali, and the state chairman of Nigeria Union of Teachers, NUT, Dare Ilekoya....

October 31, 2016 No Responses

TUC faults Senate on amendments to CCB/CCT Act

The Trade Union Congress (TUC) of Nigeria at the weekend condemned amendments to the Code of Conduct Bureau (CCB) and the Code of Conduct Tribunal (CCT) Act by the National Assembly. In a statement titled: “Lawmakers: Self-Serving laws cannot...

October 31, 2016 No Responses

CBN to sanction fraudulent bank customers

Worried by reported cases of fraud, the Central Bank of Nigeria (CBN) is to put modalities in place to sanction fraudulent bank customers nationwide. Speaking at the October meeting of Nigeria Electronic Fraud Forum (NeFF) in Lagos, CBN Director,...

October 31, 2016 No Responses

FG reiterates commitment to improve business environment

The Federal Government has restated its commitment to removing the bureaucratic and other impediments to registering new businesses as part of efforts to encourage entrepreneurs and facilitate investments in the country. The Minister of Information and Cultu...

October 30, 2016 No Responses

Guinness Nigeria explains six per cent increase in revenue

Guinness Nigeria has announced 6 per cent increase in revenue for the first quarter of its financial year ended 30 September 2016. The company attributed the increase partly to contributions from its new mainstream and international premium spirits busi...

October 30, 2016 No Responses

Communique issued after the meeting of National Council on Information

The Meeting of the National Council on Information (NCI) was held at the Event Centre, Asaba, Delta State, fromThursday 27th to Friday 28th, October, 2016, with the theme: “Leveraging on Information and Digital Technology to Sustain the Change Agenda of...