Archives for May 11, 2018
IOSCO restates commitment to Investor Protection
The International Organisation of Securities Commissions, IOSCO has restated its commitment to maintain investor confidence in all its jurisdictions by ensuring that investors are protected in its regulations.…
PIB: Panacea to Hostilities Between Oil Companies And Host Communities — Okowa
Delta State Governor, Senator Dr Ifeanyi Okowa has described the Petroleum Industry Bill (PIB) as solution to clashes between oil companies and host communities . Okowa noted…
Establishment of Leasing Company, MRO in Nigeria: AfDB, Afreximbank Earmark $20bn
African Development Bank (AfDB) and African Export, Import Bank (Afreximbank) have agreed to raise capital base of about $20 billion for the actualisation of federal government’s plan to establish aircraft…
Banks Are Sabotaging Our Efforts On New Notes – CBN
The Central Bank of Nigeria (CBN) has blamed commercial banks for sabotaging its efforts in replacing mutilated notes with new ones in the country. Communications…
Union Bank grows profit by 16% to N5.4bn in Q1 – Grosses N163.8bn in 2017
Union Bank of Nigeria (UBN) Plc, one of Nigeria’s oldest surviving and most respected financial institutions, has recorded considerable growth in key performance indicators in the…
Nigeria Exports N29.146bn Worth of Agricultural Produce in Three Months
Nigeria has exported a total of 45, 462 metric tons with free on board (FOB) value of billion of agricultural produce between January and March 2018. Customs…
CIBN set to Inaugurate New President
The Chartered Institute of Bankers of Nigeria (CIBN) will on May 19, 2018, inaugurate Mr. Uche Messiah Olowu as its 20th President/Chairman of Council. The Investiture, which holds in Lagos,…
Ebola outbreak: FAAN steps up surveillance at all airports
Following reports of fresh outbreak of Ebola virus disease (EVD) or simply Ebola in Democratic Republic of Congo (DRC) the Federal Airports Authority of Nigeria (FAAN) says…
Nigeria Rakes $24.1bn Foreign Investment In 2 Years
The Executive Secretary, Nigerian Investment Promotion Commission (NIPC), Ms Yewande Sadiku has disclosed that Nigeria recorded a total of billion dollars foreign investment in the last…