Featured

Ecobank

Ecobank begin sensitisation of customers about MasterPass QR

Ecobank Nigeria begin a sensitisation exercise of mass and conventional markets of its innovative global digital payment system, MasterPass QR, launched in Lagos. The system allows people to pay for services using mobile phones. It also enables micro, small and medium enterprises (MSMEs) to receive digital payments from millions of their customers. Its Head, Consumer Distribution, […]

Read More

MTN Nigeria emerge ‘most valued brand’ – Survey

Despite facing numerous challenges in the year, telecommunication giant MTN Nigeria has emerge the best and most valuable brand in Nigeria according to the 2016 Top 50 Brands survey. The telecoms brand came first with a rating of 90.1, which bettered Coca-Cola Nigeria, 84.7, and Guaranty Trust Bank, 81.8. The model that was used in […]

Read More
world news, trump, u.s., business news, stock market, entertainment news, business news, company news, market, commodities, commodity, Africa news

FCMB Q3 net profit grow by 31% to N13b

FCMB Group Plc recorded considerable growths in the top-line and profitability in the third quarter as the financial services group grew net profit by 30.6 per cent to N13 billion within the nine-month period. Key extracts of the nine-month report for the period ended September 30, 2016 showed that group gross earnings rose by 29 […]

Read More
Nigeria House of Representative. NS

Reps set to approve N209b virement

The House of Representatives is set to approve the request for virement of N208.821 billion in the Appropriation Act 2016. This follows the submission of the report of the House Committee on Appropriation at plenary on Wednesday. While the requested Special Intervention in Recurrent Expenditure was N167,113,304,018 that of Capital was N39,208,367, 476. The request […]

Read More

Buhari may present 2017 Budget on 1st December

The 2017 Appropriation Bill might be presented to the joint session of the National Assembly on the 1st of December, 2016 – this next month. Senate Minority Leader, Senator Godswill Akpabio, gave the hint on Wednesday while contributing to the debate on the 2017 to 2019 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper […]

Read More
Nigeria Senate Assembly

Nigeria Senate passes Peace Corps Bill

Nigeria Senate on Thursday passed the Peace Corps Bill which seeks to empower, develop and provide gainful employment for youths. The Bill, which was sponsored by Senate Leader, Mohammed Ali Ndume (APC-Borno), was first read at plenary on March 10, 2016 and scaled second reading. It seeks to facilitate peace volunteerism, community service, neighbourhood watch […]

Read More
CBN hq

CBN accept request to allocates $867m Forex to Manufacturers

The Central Bank of Nigeria (CBN) has given access to about 7, 792 requests for foreign exchange valued at over 867 million dollars to manufacturers and other strategic actors in the Nigerian economy, according to a statement. The statement by acting Director, Corporate Communications Department, Mr Isaac Okorafor, on Thursday in Abuja, stated that the […]

Read More

Trump’s team to raise millions for January event

The scramble to shape his administration underway, President-elect Donald Trump’s team has simultaneously begun turning its attention to raising tens of millions of dollars for festivities related to his Washington inauguration. Trump, who vowed during the campaign to “drain the swamp” of special interests corrupting Washington, has set $1 million donation limits for corporations and […]

Read More

224 companies interested in NNPC crude grades

Transparency in the operations of the Nigerian National Petroleum Corporation, NNPC, was sustained on Thursday with nothing less than 224 bids submitted by companies whose interest is to buy and lift Nigerian crude oil grades for 2016/2017. Successful companies would participate in the lifting of about 700, 000 barrels per day of crude oil on offer […]

Read More
Maikanti Baru

NNPC to partner Indian hospital

Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has expressed hope for the corporation to partner with Indian health companies in the area of health care services. Baru made this known when a delegation of Indian business men led by the Head of Chancery of the High Commission of India, Mr. M.S. Kanyal […]

Read More

UBA CFO, Finance Team shine at CFO Awards

Pan-African financial services group, United Bank for Africa Plc repeated the outstanding feat, it recorded last year at the 2nd edition of Nigeria CFO awards, with a notch higher when its Group Chief Finance Officer (Group CFO) and the Finance Team bagged the treble at the awards night held on November 19, 2016 at Oriental […]

Read More
NSCDC

NSCDC arraigns man for printing fake Naira notes in Sokoto

The Nigerian Security and Civil Defence Corps (NSCDC) in Sokoto State has arraigned one Collins Nzewewe for alleged printing of fake money. The Commandant of the corps in the state, Abdullahi Dutsin-ma, presented the suspect to newsmen on Thursday in Sokoto. Dutsen-ma said that the command arrested the suspect following a tip off. The 42-year-old […]

Read More