Diamond Bank explains online loan application platform

Diamond Bank explains online loan application platform

By Moshood Aliyu –     Diamond Bank has raised the bar in Nigeria’s financial services sub-sector with the introduction of an online loan application platform that allows customers to request for a loan, monitor and receive automatic feedback on the...
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Zenith Bank posts 15.68 % drop in profit

Zenith Bank posts 15.68 % drop in profit

For the half year ended June 30, 2016, Zenith Bank Plc reported Profit After Tax (PAT) of N44.8 Billion, down by 15.68 per cent when compared with N53.1 Billion recorded within same period in 2015.   Details of the result...
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Road contractors get N70Billion

Road contractors get N70Billion

By Moses Ebosele –     AS part of measures to stimulate the Economy, the Federal Government has paid road contractors who had not been paid in over two years N70 Billion.   Speaking on Thursday in Lagos the Vice President,...
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FRSC begins enforcement of speed limiters October 1

FRSC begins enforcement of speed limiters October 1

By Moses Ebosele –     After several months of campaign and public enlightenment, the Federal Road Safety Corps (FRSC) is to commence enforcement of the speed limiters on commercial vehicles October 1, 2016 nationwide.    Speaking with stakeholders ...
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South Africa overtakes Nigeria

South Africa overtakes Nigeria

By Adebisi Emmanuel –   As Nigerians struggle with the reality of economic recession,  South Africa’s economy has regained the position of Africa’s largest in dollar terms more than two years after losing it to Nigeria.   Indeed, based on gross.....
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SEC to stop dividend warrant in 2017

SEC to stop dividend warrant in 2017

By Moses Ebosele –     AS part of measures to encourage investors in the Nigerian capital market to embrace e-dividend, the Securities and Exchange Commission (SEC) has concluded plans to abolish dividend warrant in June 2017.  Briefing Journalists i...
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UK unveils 24-hour visa service in Nigeria

UK unveils 24-hour visa service in Nigeria

By Adebisi Emmanuel –  The United Kingdom has unveiled a Super Priority Visa Service in Nigeria to allow customers to process applications within 24 hours. The British High Commission, in a statement posted on its  website, quoted the British High...
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Strategic role of women in maritime sector, by NIMASA DG

Strategic role of women in maritime sector, by NIMASA DG

By Moses Ebosele –  Women have critical role to play in the development and growth of the maritime sector, the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside,  has said   Dr. Peterside who...
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Columbia defeats Nigeria

Columbia defeats Nigeria

Colombia last night defeated Nigeria Dream Team 2 – 0 in Men’s First Round Group B match of Rio 2016 Olympic Games at the Corinthians Arena, in Sao Paulo, Brazil.   At the end of the match, Colombia secured their...
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400 contractors bid for Railway’s canteens, carpark, others

400 contractors bid for Railway’s canteens, carpark, others

No fewer than 400 contractors are competing to participate in the Nigeria Railway Corporation (NRC) capital projects for 2016.   According to the Corporation, the bidders are bidding for alternative revenue streams “like canteens, clubs and car parks, commu...
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Declare state of emergency on economy, NUPENG tells Buhari

Declare state of emergency on economy, NUPENG tells Buhari

By Moses Ebosele –   The Nigerian Union of Petroleum and Natural Gas workers (NUPENG) on Tuesday  expressed worry over what it described as “parlous state” of the Nigerian economy. The union in a statement issued   by its President, Dr Igwe...
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How to revive Nigeria’s economy, by NECA

How to revive Nigeria’s economy, by NECA

By Moses Ebosele –  Effort by the Federal Government to revamp the economy and stimulate growth in the face of the global economic downturn has been commended by the Nigeria Employers’ Consultative Association (NECA).   The Association in a state...
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‘Don’t sell more than $30,000 per week to BDC’

‘Don’t sell more than $30,000 per week to BDC’

The Central Bank of Nigeria (CBN) on Tuesday directed Bureau De Change (BDCs) operators not to sell foreign exchange above two per cent margin of the buying rate. This is contained in a statement in Lagos signed by W.D Gotring,...
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NNPC denies report on fuel price increase

NNPC denies report on fuel price increase

The management of Nigeria Railway Corporation (NRC) has ruled out possibility of imminient in the pump price of petroleum products.    Reacting to online reports suggesting that  the Federal Government will soon increase the price of fuel due to the...
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