News Archives — Page 662 of 667

October 26, 2015 No Responses

Maritime workers shelve strike

MEMBERS of the Maritime Workers’ Union of Nigeria (MWUN) have suspended its strike declared last Thursday over alleged unpaid wages to Tally Clerks and Onboard security men. The suspension of the strike is contained in a communique issued in Lagos...

October 26, 2015 No Responses

Oando explains N183.9b loss in 2014

THE controversy surrounding Onado’s N183.9billion loss for the year 2014 continued at the weekend unabated. In its full-year ending 2014, the company last Friday declared loss after tax of N183.9billion compared to a profit after tax of N1.396billion in 2013...

October 23, 2015 No Responses

No extension for BVN registration, says CBN

THE Central Bank of Nigeria (CBN) has vowed not to extend the October 31 deadline set for all bank customers in the country to be registered under the Bank Verification Number (BVN). The CBN Deputy Director, Consumer Protection Department, Hajia...

October 23, 2015 No Responses

91 firms bid for NNPC coastal vessels contract

NOT less than 91 firms have indicated interest in the provision of coastal and bunkering vessel services for the operations of the Pipelines and Products Marketing Company (PPMC), a subsidiary of the Nigeria National Petroleum Corporation (NNPC). In a statem...

October 23, 2015 No Responses

MWUN may shut down ports today

BARRING any last minute adjustment, Maritime Workers Union of Nigeria (MWUN) will shut down the nation’s ports today over alleged unpaid wages to Tally Clerks and Onboard security men. The workers are also challenging alleged midstream discharge of vessels i...

October 22, 2015 No Responses

Access Bank declares N258b Gross Earnings in Q3

THE Board and management of Access Bank Plc declared improved unaudited result for the third quarter ended September 30, 2015. The unaudited third quarter 2015 financial results released to the Nigerian Stock Exchange (NSE) indicated that Access Bank recorde...

October 21, 2015 No Responses

FBN Capital to holds forum next week

PLANS has been concluded by FBN Capital Limited, the Investment Banking and AssetManagement subsidiary of FBN Holdings Plc, to host key stakeholders at the 5th edition of its annual investor conference. Scheduled to take place on 27th of October 2015...

October 21, 2015 No Responses

Fortis Microfinance Bank 123 % increase in profit

Fortis Microfinance Bank (FMB) Plc has announced a growth of 123 per cent in profit after tax for the nine months ended September 30, 2015. According to the results made available by the Nigerian Stock Exchange (NSE), FMB posted net...

October 21, 2015 No Responses

Cargo Tracking Note Gets FG Support

THE Federal Government has pledged to support the full implementation of International Cargo Tracking Note (ICTN) at Nigerian Ports. The ICTN is a web-based technological tool that monitors cargo from port of loading to destination. Receiving a delegation of t...

October 20, 2015 No Responses

Fidelity Bank targets new opportunities

THE Group Managing Director of Fidelity Bank Plc, Nnadi Okonkwo has assured its customers and other stakeholders that the bank was well repositioned to leverage opportunities that would emerge from the new administration. Addressing Stockbrokers in Lagos, he e...

October 20, 2015 No Responses

Buhari visit Cross Rivers today

PRESIDENT Muhammed Buhari is to visit Cross Rivers State today to kick off the construction of 260 kilometre six-lane super highway in Calabar, the state capital. Already, the State governor, Ben Ayade, has restated government’s readiness to host the Preside...

October 19, 2015 No Responses

New Ship Owners body debuts, names Kalu, others interim management

The maritime industry globally is set to meet its full potential following the unveiling of an umbrella body for all national, regional and international associations of ship owners called World Ship Owners Association (WSOA). The association which was establi...

October 19, 2015 No Responses

NPA pledges to partner Customs on revenue generation

The Nigerian Ports Authority (NPA) and the Nigerian Customs Services (NCS) have reiterated their resolve to work, collaborate and partner with a view to enhancing the revenue generation strategies of the Federal Government from the nation’s seaports. One way...

October 19, 2015 No Responses

Fidelity to list N30b on FMDQ platform

AS part of measures to boost Small and Meduim Enterprises (SMEs) financing and enhance domestic debt market, Fidelity Bank Plc has listed N30bn bond on FMDQ OTC. This follows the listing the Nigeria Mortgage Refinance Company Plc (NMRC) ₦8b series 1, 15-Ye...