Archives for December, 2024 - Page 4
OPS fears SMEs’ collapse as cash scarcity lingers
The Organised Private Sector has joined the call on the Central Bank of Nigeria to address the cash scarcity witnessed nationwide, stressing that the country is not developed enough for…
Currency Outside Banks Hits N4.29tn, 94.2% of Currency in Circulation
The Central Bank of Nigeria (CBN) said currency outside banks in Nigeria surged to a record high of trillion in October 2024, accounting for per cent of the total currency…
NAFDAC REFUTES CLAIMS OF APPROVING HERBAL TEA PROMOTING SMOKING
The attention of the National Agency for Food and Drug Administration and Control (NAFDAC) has been drawn to a misleading video circulating on social media, alleging that NAFDAC approved the…
IPI Nigeria re-elects Musikilu Mojeed as President, Shekarau Secretary
BY NGOZI ONYEAKUSI The Editor-in-Chief of Premium Times, Musikilu Mojeed and the CEO of the Media Trust Group, Ahmed I. Shekarau, have been re-elected President and Secretary of the…
African Development Bank, Project Management Institute sign partnership to strengthen capacity building
By NGOZI ONYEAKUSI In a significant move to further strengthen the internal capacity of its staff through a structured project management training and certification programme, the African Development Bank…
Recapitalisation: Shareholders raise concern over share reconstruction
BY NGOZI ONYEAKUSI Shareholders under the aegis of the Independent Shareholders Association of Nigeria (ISAN) have expressed fear over possibility of share reconstruction by some banks after successful capital raising…
CSCS plays heavy on technology to boost capital market
BY NGOZI ONYEAKUSI The Central Securities Clearing System (CSCS) has highlighted technology’s role in deepening Nigeria’s capital market. This came to the fore at the 2024 annual conference of the…
Seplat Energy becomes Nigeria’s leading independent energy company
BY NGOZI ONYEAKUSI Seplat logo Seplat Energy Plc, a leading Nigerian energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, is delighted to announce that it…
ACCESS BANK SIGNS AGREEMENT TO ACQUIRE 100% EQUITY STAKE IN SOUTH AFRICA-BASED BIDVEST BANK
BY NGOZI ONYEAKUSI Access Holdings Plc has announced that its banking subsidiary, Access Bank Plc, has entered into a binding agreement with South Africa-based Bidvest Group Limited for the acquisition…
Beer Sectoral Group, FRSC Warn Drivers on Dangers of Drunk Driving
BY NGOZI ONYEAKUSI The Beer Sectoral Group (BSG) of the Manufacturers Association of Nigeria (MAN), in partnership with the Federal Road Safety Corps (FRSC), has reiterated the dangers of drunk…
