Archives for December, 2017 - Page 5
Kano spends N9bn monthly on salary payment, says Ganduje
Governor, Kano State, The Kano State Governor, Dr. Abdullahi Ganduje, has said his administration spends N9 billion monthly on payment of workers’ salaries. He added that this…
Our dealings are clean, legitimate … Sterling Bank
Sterling Bank Plc has said its dealings being a lead bank in an N8 billion syndicated loan-financing transaction between it and Grant Properties Limited, a property development…
Stanbic IBTC Pension Managers settles retirees with N279bn
Stanbic IBTC Pension Managers says it has paid over N279bn to retirees inception in 2006. According to the firm, between January and June this year, over…
Access Bank rolls out five year growth plan
Access Bank Plc has rolled out a new five-year strategic plan aimed at positioning the lender to become Africa’s Gateway to the World. This development, according to…
FirstBank Achieves PCI DSS Version 3.2 Recertification
First Bank of Nigeria Limited, Nigeria’s most valuable bank brand, has successfully recertified to the Payment Card Industry Data Security Standard (PCI DSS) version , having been one of the…
NDIC worried as NPLs in Banks grows by 50% to N2.4 tri.
As Nigerian economy is being tolled to the part growth following its worst recession, insurgency among others. The need to stabilize and sanitize the economy, get rid…
NDIC pays N105bn to depositors of failed banks
The Nigerian Deposit Insurance Corporation, (NDIC), Alhaji Umaru Ibrahim, has paid N105 billion to 442,615 depositors of closed Deposit Money Banks end of September 2017. The Managing…
Pension Funds: PFAs invests N5.38 bn in infrastructur
The total pension funds invested by the Pension Fund Administrators in infrastructure have risen to According to the National Pension Commission (PenCom) total assets under the management of…
FG appoints Zubair SEC DG
The Federal Government of Nigeria has appointed Dr. Abdul Zubair, the acting Director General of the Securities and Exchange Commission (SEC) with immediate effect. He was before…
CBN, FIRS, others meet to strategize on FSS 2020
The Central Bank of Nigeria (CBN) and other agencies involved in the implementation of the Financial System Strategy (FSS 2020) will converge on Lagos this week to mark…