Information Archives — Page 470 of 476

November 16, 2016 No Responses

Ministry to recover un-remitted N450B from CBN, SEC, NAFDAC, others

The Federal Ministry of Finance has raised a committee to recover unremitted operating surpluses of agencies of government, running into N450billion. The committee led by the Accountant General of the Federation, Alhaji Ahmed Idris, is to reconcile the operating...

November 15, 2016 No Responses

Inflation hits 18.3 %

The National Bureau of Statistics (NBS) in a report released on Monday in Abuja said Consumer Price Index (CPI) increased to 18.3 per cent (year-on-year) in October from 17.9 per cent recorded in September. The CPI, which measures inflation, is...

November 13, 2016 No Responses

Abubakar Umar drags MTN to court over unsolicited SMS, deductions

Former military Governor of Kaduna State, Abubakar Umar, has directed his Lawyers to sue MTN over unsolicited messages and alleged fraudulent deductions. According to Umar the practice has continued despite repeated assurances that it will not happen agai...

November 12, 2016 No Responses

Dana Airlifts four million passengers in eight years

Dana Air marks 8th anniversary of its commercial flight operations. The company has also used the opportunity to reaffirm its commitment to provide “safe, reliable and customer–centric air transport services to its teeming guests”. The airline in a st...

November 8, 2016 No Responses

Ryder re-elected as ILO Director-General for a second term

The Governing Body of the International Labour Organization (ILO) has re-elected Guy Ryder as Director-General for a second five year-term to start in October 2017. Guy Ryder received 54 of the 56 votes cast by the titular members of the...

November 8, 2016 No Responses

NECA lauds suspension of FRCN’S Code of Corporate Governance

The Nigeria Employers’ Consultative Association (NECA) has commended the Federal Government on its decision to suspend the Financial Reporting Council (FRCN)’s recently released Code of Corporate Governance. In a statement, NECA considered the action ap...

November 8, 2016 No Responses

Fidelity Bank Goes Live on NIBSS mCash Product

Inline with its renewed efforts to further drive the financial inclusion mandates of the Central Bank of Nigeria (CBN), Fidelity Bank Plc is now live on the Nigerian Inter-Bank Settlement System (NIBSS) mCash product which will allow it’s registered mercha...

November 7, 2016 No Responses

Clinton maintains lead over Trumph

The closing days of this long campaign has seen Trump closing the gap on the Democratic nominee. Two new polls, two days out from the US presidential election, show Hillary Clinton opening up her lead against Donald Trump, but the...

November 7, 2016 No Responses

Stowaway incidents rise in South Africa

Gothenburg-based marine insurer The Swedish Club has issued an urgent stowaway advice for shipowners to prevent stowaways from boarding vessels in South African ports, following a rise in such incidents in the last two months. Shipowners should be conce...

November 6, 2016 No Responses

Minister seeks rich content in music

The Minister of Information and Culture, Alhaji Lai Mohammed, has hailed Nigerian musicians for putting the country’s name on the globalmap, urging them to pay more attention to the need for socially-relevant messages in their music The Minister gav...

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 Uwuj...

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...