archiveMay 1, 2016

As Central Bank of Nigeria (CBN) has indirectly reintroduced Commission on Turnover (CoT) fee as Current Account Maintenance (CAM) Fee, seven Deposit Money Banks in Nigeria generated N13 billion incomes in three months of 2016. The banks are Zenith Bank Plc, First Bank of Nigeria Holdings Plc, Guaranty Trust Bank...

The Organization of Petroleum Exporting Countries (OPEC) increased production by 484,000 barrels to 33.217 million daily in April. This is the highest since 1989 going by the data on survey of oil companies, producers and compiled by Bloomberg going. OPEC crude production surged in April, led by Iran, which is...

In enhancing performance that would add significant value to stakeholders, FCMB Group Plc, has laid emphasis on strong capital, cost efficiencies, capital optimisation and accelerated growth in retail business. The Group made this known at its third annual general meeting held over the weekend in Lagos, saying, its subsidiaries were...

PZ Cussons Plc has assured shareholders that the company was well positioned to leverage emerging opportunities in the industry to boost profitability and increase shareholders value. The Chief Executive Officer of the company, Christos Giannopoulos, made this known on the floor of the Nigerian Stock Exchange (NSE), in Lagos, explained...

All arrangements have been concluded for the grand opening of motorcycle assembly plant and modern showroom of CFAO Yamaha Motor Nigeria Limited come 13th of May, 2016 at the Amuwo Odofin Industrial Scheme in Lagos. According to the company, the grand opening is coming after the successful testing and full...

Determined to eradicate the scourge of unemployment currently ravaging the country, Fidelity Bank Plc, one of the nation’s highly diversified lender, in strategic partnership with Gazelle Academy and University of Nigeria Nsukka (UNN), has empowered 300 Nigerian youths with top-of-the-line entrepreneurial skills. The programme, which is part of the Bank’s...