Archives for April, 2018 - Page 7
Heritage Bank restates commitment to sustainable growth, profitability
Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider, has restated its commitment to sustainable growth and profitability despite the prevailing adverse macro-economic environment. The…
ACCA presents recognitions award to Alhaji Aliko Dangote, Chairman Dangote Industries
The ACCA Team led by chief executive Helen Brand OBE paid a courtesy visit to Alhaji Aliko Dangote, chairman Dangote Industries Ltd, who during discussions acknowledged…
Access Bank Introduces USSD Code *901*11# for PayDay Loan
With the intent to provide quicker and instant access to loans for customers, Access Bank Plc has launched a special USSD code *901*11#, a strategic tool for…
Navy To Sanction Personnel On Matters Relating To Threats, Assault
The Nigerian Navy has assured Nigerians that it will not hesitate to mete severe sanctions on any personnel found to have compromised the rights of any…
PenCom promotes residential mortgage via joint pensions
The National Insurance Commission (PenCom) says that allowing married partners, who have Retirement Savings Accounts, to use their savings to apply for joint mortgage loans…
Another lawmaker, Senator Bukar Mustapha, died at 63
The senator representing Katsina North, Mr. Bukar Mustapha, is dead. Mustapha, 63, represented President Muhammadu Buhari’s senatorial district. Mustapha who was believed to have been one…
MPC Retains MPR At 14% … wants reduced allocation to FG, States, LGs
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has once again retained the Monetary Policy Rate at 14 per cent due to…
FG Approves $1B For Military Equipment Purchase
The President of Nigeria, Muhammadu Buhari has given an approval for the release of $1 billion to purchase security equipment for the military. This was made…
CBN COMMUNIQUÉ of MPC meeting, 3rd to 4th April
CENTRAL BANK OF NIGERIA COMMUNIQUÉ NO 117 OF THE MONETARY POLICY COMMITTEE MEETING OF TUESDAY 3RD AND WEDNESDAY 4TH APRIL, 2018 Background The re-constituted Monetary Policy Committee (MPC) held…
FCMB Group Profit Drops by 34%, Rewards shareholders with 10 Kobo Dividend
FCMB Group Plc has recorded a 34 per cent drop in its Profit after tax (PAT) for financial results for the year ended December 31, 2017 as it declined from…