Archives for November, 2016 - Page 2
Army declares Shekau, 54 others wanted in new list
Chief of Army Staff, Lt. Gen. Tukur Buratai has again declared wanted 55 notorious members of the Boko Haram including their supposed leader, Abubakar Shekau. The army chief, yesterday in…
CBN denies knowledge of Forex Act Amendment…..no plans to sieze dom accounts
Following reported plans to amend the Foreign-Exchange Act to provide for the imprisonment of anyone who holds foreign currencies, particularly the United States dollars, for more than 30 days, the…
SEC signs MoU with NERDC on introduction of Capital Market Studies
The Securities and Exchange Commission (SEC) is set to achieve another milestone by infusing capital market studies (CMS) into schools curriculum with the signing of a Memorandum of Understanding (MoU)…
Gunmen abduct ex foreign minister, Bagudu Hirse, in Kaduna
There was pandemonium along Inuwa Wada road i in the Malali GRA Kaduna. North Local Government are of the state, When yet to be identify gunmen abducted and whisked away…
Again passengers stranded as Arik Airline cancels Gombe -Abuja flight
Several passengers including a 4-month-old baby were stranded at Gombe Lawanti International Airport Gombe on Sunday following the failure of Arik Airline operators to airlift them as scheduled. Some of…
Expert laments slow rate of insurance growth …harps on need to enforce compulsory insurances
The Global Lead Strategist, JSP Communications Ltd., Dr Phil Osagie has lamented the slow rate at which Nigerian insurance business grows saying all hands must be on desk to revamp…
Sterling Bank Completes Temenos IT Transformation Project
Temenos (SIX: TEMN), the software specialist for banking and finance, has announced that Sterling Bank Plc, has successfully gone live with Temenos UniversalSuite, just as it simultaneously rolls out Temenos…
Arik Air scales down flights as aviation fuel scarcity worsens
As scarcity of aviation fuel (JET A1) worsens Arik Air has announced reduction of flights to cope with the situation. The airline’s spokesman, Mr. Adebanji Ola said in a statement…
Heritage Bank is healthy, no bank in Nigeria is in distress says CBN
The Central Bank of Nigeria (CBN) has said that Heritage bank is not in distress, and that no Nigeria Bank is in distress. A statement from the apex bank signed…
Insurance Penetration: Brokers urged to take advantage of huge untapped market
The National Insurance Commission (NAICOM) has urged insurance brokers practicing in the country to take advantage of insurance industry huge untapped market to grow their business. The Commissioner for Insurance,…