archiveJuly 2016

The Securities and Exchange Commission (SEC) has expressed determination to raise the participation of retail investors in the Nigerian Capital market as that is one of the critical ways of deepening the market. Director General of SEC, Mounir Gwarzo stated this when the management of the Commission visited the Federal...

Olajide Fabamise The Acting Managing Director, Bank of Industry (BOI), Mr. Waheed Olagunju, has disclosed that Nigeria ranked fourth with 35 per cent on return investment in the world. Olagunju made the declaration over the weekend at a media parley organized by the bank in Lagos, with the theme: “Sustaining...

Bayelsa State Governor, Henry Seriake Dickson, has described the late Justice of the Supreme Court, Justice NikI Tobi, as "an ambassador of the Ijaw nation" who lived a life of selfless devotion, integrity and honour in the service of the nation. He died on June 17 at the National Hospital,...

A turnover of 1.149 billion shares worth N13.616 billion in 21,868 deals were traded this week by investors on the floor of the Nigeria Stock Exchange (NSE) in contrast to a total of 377.798 million shares valued at N3.641 billion that exchanged hands last week in 7,466 deals. The NSE...

Chief Executive, Stanbic IBTC Pension Managers Limited, Mr. Eric Fajemisin, has charged workers across the country to plan for their retirement through financial security. Fajemisin, who stated this at a pre-retirement forum organised by Stanbic IBTC Pension Managers Limited, in Abuja, at the weekend, outlined steps to help people make...

Great Nigeria Insurance (GNI) Plc has called on Nigerians to adopt the culture of insurance, especially, during the current financial crisis. In a statement made available to Business247 Online News, the Chief Technical Officer of the company, Mr. Folusho Alliyu, stated this, following the various incessant cases of road accidents...

The management of Access Bank Plc has notified the Nigerian Stock Exchange (NSE) of late filling of half year results for period ended June 30, 2016. The lender in a statement signed by it Company Secretary, Sunday Ekwochi and Chief Finance Officer, Seyi Kumapayi, said board of directors will be...

FBNInsurance Limited, in conjunction with the humanitarian organization, Rotary Club of Omole Golden, has carried out a free breast and cervical cancer screening/vaccination exercise for girls and women. In a statement made available to Business247 Online News, the exercise which held at the premises of Ifako Ijaye Health Centre, Ogba,...

Niyi Olaoye Financial experts have expressed concerns over the current business dynamics been faced by Nigerians under the prevailing flexible exchange rate in the country. The experts who met at the breakfast session of the Chartered Institute of Banker of Nigerian (CIBN) over the weekend noted that though, the recent...

No fewer than 54 engineers in the indigenious telecommunications company, Globacom, were asked to go home on Friday by the company. It was learnt that the affected workers received official notification from the company that it no longer needed their services. In the notice of disengagement the company instructed them...