Archives for February, 2018 - Page 7
CBN intervenes in Retail SMIS with $325.64m
The Central Bank of Nigeria (CBN) has again intervened in the Retail Secondary Market Intervention Sales (SMIS) to the tune of $ million. Figures obtained from…
NLNG presents $200,000 to 2017 Literature, Science Prizes winners
Winner of 2017 The Nigeria Prize for Literature, Ikeogu Oke, receives his cash prize cheque from sponsors of prize, NLNG. With him are NLNG MD, Tony Attah (2nd Right);…
FOREX: DMBs to withdraw commissions on retail transactions …. As foreign exchange reserve hits $42 bn
The bankers committee Tuesday unanimously agreed that Deposit Money Banks (DMDs) in the country, should henceforth withdraw commissions on retail transactions which include especially personal travel…
Heritage Bank partners MultiChoice to flag off season 3 of BBNAIJA
(L-R) John Ugbe, Managing Director, Multichoice Nigeria; Segun Ogunleye, Senior Brands Manager, Pepsi; Fela Ibidapo, Group Head, Corporate Communications, Heritage Bank and Martin Mabutho, General Manager,…
Non-remittance: PenCom recovers N13.58bn
The National Pension Commission has recovered from defaulting employers. According the commission, efforts in ensuring compliance by employers with the pension payment regulations were yielding positive result. “As…
Sigma charges SMEs on pension
Sigma Pensions, has urged the Small and Medium Enterprises to open Retirement Savings Accounts under the Contributory Pension Scheme and embrace voluntary contribution. The Vice-President, Business Development…
IBB Tells Buhari not to seek re-election
A former military Head of State, Gen. Ibrahim Babangida (rtd), has also lent his voice to the call by former President Olusegun Obasanjo that President Muhammadu Buhari…
Adeosun calls for Finance Control Act review …. Says its weak
The need for review of the Finance Control and Management Act of 1958 has been emphasized. The Minister of Finance, Mrs. Kemi Adeosun, who made call for…
Tax Defaulters: FG set to work with DMB
In a bid to track tax defaulters, the Federal Government in collaboration with the Deposit Money Banks (DMBs) is installing appropriate technologies that will enable commercial…
Golden Handshake: Gwarzo denies involvement in extra-budgetary spending
The embattled Director-General (DG) of the Securities and Exchange Commission (SEC), Mr. Mounir Gwarzo has debunked the claims that he was involved in extra-budgetary spending in…
