Archives for May, 2017 - Page 3
UBA introduces world class Mobile Banking App
United Bank for Africa Plc has launched a brand new mobile banking application with many user friendly features. UBA’s head of digital banking, Dr. Adeyinka Adedeji, said the new…
NBS economic report: Emefiele, Dipeolu still keep hope alive
Kemi Adeosun The National Bureau of Statistics on Tuesday released the Gross Domestic Product report for the first quarter of this year, thus showing reduction in the economy to…
MPC meeting: CBN retains MPR at 14 per cent
The Central Bank of Nigeria CBN Governor, Godwin Emefiele yesterday disclosed that Monetary Policy Committee (MPC) has decided by a unanimous vote of the eight members in attendance…
Onyia appointed as MD/CEO, FBN Capital Asset Management Business
Ike Onyia, CEO, FBN CAMB Mr. Ike Onyia has been appointed Managing Director/CEO of FBN Capital Asset Management, a part of FBN Holdings Plc’s Merchant Banking & Asset…
Reps attempt to amend NLNG Act without shareholders’ involvement borders on illegality
An amendment to the Nigeria LNG Limited (NLNG) (Fiscal Incentives, Guarantees and Assurances) Act without following the laid down process stipulated in the Act for any amendment would…
Heritage Bank partners RIMAN to promote international best practice in risk mgt.
Ifie Sekibo, MD Heritage Bank Heritage Bank Plc has entered into strategic partnership with Risk Management Association of Nigeria (RIMAN) to promote global best practices in the implementation of…
FOREX: CBN intensifies supply to market
Ahead of the outcome of the ongoing Monetary Policy Committee meeting in Abuja, the Central Bank of Nigeria (CBN) on Monday, May 22, 2017, again injected over $255 million…
AXA Mansard Insurance grows GP by 25 per cent … rewards shareholders with five kobo
AXA Mansard Insurance has recorded a 25 per cent increase in gross written premium for the financial year ended December 31, 2016. It grew from billion in 2015 to…
NLNG Act amendment will discourage foreign direct investment
MD, NLNG, Tony Attah Amendment The amendment of the Nigeria LNG Limited (NLNG) Act (Fiscal, Guarantees, Assurances, and Incentives) by the House of Representatives on May 9, 2017 will…
Naira in upswing, as CBN targets convergence
With the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) meeting this week, the Naira continued its strong run against the United States dollar at the…