archiveAugust 30, 2016

The Federal Government has signed a Memorandum of Understanding (MoU) with the British Government on the modalities for the return of Nigerian stolen assets. The Attorney-General of the Federation, Mr Abubakar Malami, signed on behalf of the Federal Government in Abuja on Tuesday. The signing of the MoU is a...

In furtherance of efforts to liberalise the Foreign Exchange Market, ensure liquidity and make foreign exchange more readily available to low end users, the Central Bank of Nigeria (CBN) has licensed 11 International Money Transfer Operators (IMTOs). The newly licensed operators are: Wari Limited, Worldremit Limited, Trans-Fast Remittance LLC, UAE...

The Human Rights Law Service (HURILAWS) applauds the call by the President of the Nigerian Bar Association, A.B. Mahmoud SAN for a debate on the efficacy of the war against corruption in Nigeria. The body in a statement in Lagos today and signed by its Senior Counsel, Olisa Agbakoba (SAN)...

 In line with its consistent drive to engage its consumers at their various touch points and rewarding them for their loyalty, Chivita 100% fruit Juice from the stable of Chi Limited recently thrilled consumers of the brand with exciting gifts from its just concluded ‘My 100% Achievement’ social media promo....

  … set to kick-off model boarding schools The Bayelsa State Government on Tuesday declared a deficit of N889 million for the month of June, 2016 out of a net inflow of N4.4 billion from the Federation Accounts Allocation Committee, (FAAC). Presenting the income and expenditure profile for the state in...

African Development Bank, (AfDB,), yesterday, endorsed and support the Federal Government’s mining roadmap for the solid minerals sector ahead of its public presentation and unveiling. This was contained in a statement signed by the Special Assistant on Media, to the Minister of Solid Minerals Development, Olayinka Oyebode, which said the...

Leadway Assurance Company Limited has partnered with Total Nigeria Plc to provide Third Party Motor Insurance to motorists across the country. Speaking at the signing of the partnership agreement in Maryland, Lagos today, the Managing Director/CEO, Leadway Assurance Company Limited, Mr. Oye Hassan-Odukale, said the partnership was to deepen insurance...

The Lagos State Government has paid a sum of N919 million pension entitlement to 180 retirees who retired from the Mainstream Civil Service, Local Governments, State Universal Basic Education Board (SUBEB), Teachers Establishment and Pension Office (TEPO) and other parastatals of the state. The N918.7 million was paid as August...

The Nigerian equities market reversed previous day’s losses on account of a 0.48 per cent growth in lead indicators of the Nigerian Stock Exchange on Tuesday. The equities market which closed with 17 gainers against 19 losers, recorded improvement as The Nigerian Stock Exchange (NSE); All Share Index (ASI) added...

Heritage Bank Plc has announced the appointment of Mr. Adewunmi Ogunsanya, a Senior Advocate of Nigeria (SAN), as a non-executive director for the lender. According to a press statement from the bank, the move is consistent with Heritage Bank’s corporate governance, efficiency, and sustainability outlook, enabling the bank to take...