Archives for July, 2018
Diamond Bank Drives Growth with 3 million Digital Customers in 2018 Q2
Diamond Bank has released its second quarter unaudited financial report for the period ended June 30, 2018 to the management and stockbrokers of the Nigerian Stock Exchange…
FG Recalls 2.4m Bottles of Codeine
The Federal Government has recalled about million bottles of codeine from circulation. The move, according to the Ministry of Health, demonstrates the federal government’s determination to…
NNPC Incurs N240bn Loss in 13-month Petrol Supplies
The Nigerian National Petroleum Corporation (NNPC) incurred a loss to the tune of N240,304,755,518 as under-recovered expenditure in importing petrol at the international market price and selling…
Ortom: APC, Oshiomhole Determined to Cause Crisis in Benue
Benue State Governor, Samuel Ortom, Saturday accused the ruling All Progressives Congress (APC) and its National Chairman, Comrade Adams Oshiomhole of trying to throw the state into…
Pension Fund Assets Peaks at N8.14trillion
Total pension fund assets, under the Contributory Pension Scheme (CPS) stood at trillion as at end of May, 2018 says the National Pension Commission (PenCom) has…
FMDQ partners Thomson Reuters to Strengthen Nigerian Financial Market
Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, and Nigeria’s foremost debt capital and OTC Exchange, FMDQ OTC Securities Exchangehave announced a strategic collaboration to…
Union Bank grows PBT by 23%
Union Bank, one of Nigeria’s longest standing and most respected financial institutions, has announced its unaudited financial statements for the period ended June 30 2018. The lender…
CBN Approves $340m, CNY69m For Agric, Raw Materials
The Central Bank of Nigeria (CBN), on Friday, provided 340 million dollars and 69 million Chinese Yuan (CNY) to customers seeking foriegn exchange in the agricultural and raw…
Shareholders Approve Great Nigeria Insurance Voluntary Delisting from NSE
Following continues fining of the Great Nigeria Insurance Plc by the Nigeria Stock Exchange (NSE), shareholders of the firm today unanimously gave approval for the delisting of…
CIIN Crowns Eddie Efekoha 49th President
The outgoing president of CIIN, Funmi Babington-Ashaye decorating the new president, Eddie Efekoha during his investiture in Lagos The Chartered Insurance Institute of Nigeria (CIIN), Tuesday crowned…