Nigeria Archives — Page 451 of 672

May 13, 2018 No Responses

Edo Parleys Host Communities On Benin Industrial Park, Pledges Compensation

The Edo State Government has assured communities hosting the Benin Industrial Park project that adequate compensation will be paid to groups or individuals with legal claim to land and structures within the area where the park is being developed. Secretary...

May 12, 2018 No Responses

Geely Proposes Dual Listing For Volvo In Hong Kong, Sweden

Volvo parent company, Zhejiang Geely has selected Citigroup, Goldman Sachs and Morgan Stanley to advise on an initial public offering (IPO). According to Bloomberg, Geely is looking at a value of between $16 billion and $30 billion and a dual...

May 12, 2018 No Responses

Diamond Bank Explains N1.8B Revenue In Q1

Diamond Bank Plc has declared growth in its mobile banking revenue from N1.2 billion in Q1 2017 to N1.8 billion in Q1 2018. In its Q1 result released on the floor of Nigerian Stock Exchange (NSE), said Increases were...

May 11, 2018 No Responses

Nigeria Seals Agric Mechanization Partnership With John Deere, To Promote Local Content, Training

citybusinessnews@yahoo.com – Barely two weeks after a business meeting with President Muhammadu Buhari in Washington DC, United States of America (USA), representative of Agricultural equipment manufacturers, John Deere are in Nigeria to hold furth...

May 11, 2018 No Responses

Nigeria To Mobilise More Revenues For Growth, Says Adeosun

The Minister of Finance, Mrs. Kemi Adeosun, disclosed on Thursday that the Federal Government would mobilise more revenues to drive its growth plan for the economy. The Minister made this known in Abuja at a meeting with a World...

May 11, 2018 No Responses

CBN: Banks Are Sabotaging Our Efforts On New Notes

The Central Bank of Nigeria (CBN) has blamed commercial banks for sabotaging its efforts in replacing mutilated notes with new ones in the country. Mr Isaac Okorafor, Acting Director, Communications Department of the CBN, made the allegation in Lagos on...

May 11, 2018 No Responses

NSE Photo News

L – R::Tinuade Awe, Executive Director, Regulation, The Nigerian Stock Exchange (NSE) presenting a replica of the closing gong to Scott Wilson, Chief Investment Officer (CIO), Washington University Management Co. Limited, Missouri, USA during a courtesy vi...

May 10, 2018 No Responses

Wema Bank Assures Shareholders On Dividend Payment, Declares N65.27B Gross Earnings

Moses Ebosele, ebosele@hotmail.com – “The day we begin to give you what you want (dividend),there will be no going back. Very soon we will be in a position to give you what you want. No management or board want to come...

May 10, 2018 No Responses

AMERC Lauds SEC As Nigeria Hands Over To Kenya

The Securities and Exchange Commission (SEC) Nigeria has been commended on its tirelessness, professionalism and dedication among others while it hosted the secretariat of the Africa and Middle East Regional Committee (AMERC) of the International Organisation ...

May 10, 2018 No Responses

NPA Photo News

The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman (2nd from right) at the on-going 2018 International Association of Ports and Harbour, IAPH Conference in Baku, Azerbaijan. To her left is the General Manager, Monitoring and Regulat...

May 9, 2018 No Responses

CBN Lifts FOREX Market With Additional $210m

The Central Bank of Nigeria (CBN), on Tuesday, May 8, 2018, boosted the inter-bank Foreign Exchange market with another sum of $210 million. The Bank again offered the sum of $100 million to authorized dealers in the wholesale segment of...

May 9, 2018 No Responses

NCAA: 250,975 Aircraft Passed Through Nigerian Airports In 2017

A report put together by the Nigerian Civil Aviation Authority (NCAA) has revealed that 250,975 aircraft passed through thirty Nigerian airports in 2017 with majority of the movements coming from the Murtala Muhammed Aiport (MMA), Lagos. This is as 4,056,....

May 9, 2018 No Responses

‘Banks Must Repay Excess Charges With Interest’

The Central Bank of Nigeria (CBN), said any bank that deducts monies illegally from a customer’s account for products and services would be forced to refund the money to the customer with interest. Mr Fada David, Consumer Complaints Management, Consumer...

May 8, 2018 No Responses

Heritage Bank Reiterates Support For Agric Initiatives In Oyo, Kaduna, Zamfara, Others

Heritage Bank Plc has reiterated its commitment to the sustenance, growth and development of Nigeria’s agricultural sector. Divisional Head of Corporate Communications, Heritage Bank, Mr. Fela Ibidapo, explained that in a statement that the bank is committed...