Archives for April, 2017
Banking industry deploys data base to eradicate E- fraud
The banking industry is set to deploy a data base aimed at eradicating electronic and card frauds from the system. This was disclosed by the Managing Director/CEO Access Bank Plc.…
CBN offers $100m in Wholesale forwards
Buoyed by the impact of its interventions and stability in the foreign exchange market, the Central Bank of Nigeria (CBN) on Thursday, April 27, 2017 offered the sum of $100…
CBN auctions $185.86m in Retail SMIS
Following Tuesday’s assurances by the Governor of the Central Bank of Nigeria, Godwin Emefiele, that the CBN will continue to intervene in the foreign exchange market, the apex Bank on…
Nigeria out of recession August …CBN
Giving the measures being put in place by Federal Government to riveter and stabilize the economy, the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has said that…
Heritage Bank empowers BB Naija 5 top finalists with investment support
In its continual commitment to boost the small medium enterprise (SME) sector, Heritage Bank Plc, one of the proud sponsors of Big Brother Naija Season-2 reality TV show, yesterday rewarded…
WMD: NLNG calls for intensified Malaria research
Nigeria LNG Limited (NLNG) today called for increased efforts by scientists to fight Malaria and permanently rid the country of the disease before the World Health Assembly’s target date of…
Confronting Terrorism: Osibanjo renews call for international collaboration
Vice President Yemi Osinbajo, SAN, has renewed the call for international collaboration aimed at tackling the menace of terrorism, stating that Nigeria will continue to cooperate in the global fight.…
CBN’s Sectoral Forex Strategy Stabilizes Naira
Pragmatic initiatives taken by the central Bank of Nigeria (CBN) to commence sectoral foreign exchange interventions may have started yielding positive results by way of stabilizing the exchange of the…
Anohu-Amazu: An Amazon Bows Out of PenCom
Hadiza Mailafia Although the recent leadership changes by the Federal Government (FG) affected 23 of its agencies, the removal of the Director-General (DG) of the National Pension Commission (PENCOM), Mrs.…
Standard Alliance settles N2.1 billions claims in 2016
Standard Alliance Insurance Group said it settled claims worth billions during the 2016 financial year. A break down of the claims payment showed that million was paid under its non-life…