archiveAugust 2016

Ecobank has won Customer Relationship Management of the Year, Retail Risk Management Initiative of the Year and Best Business Model Execution in West Africa for 2016 at The Asian Banker’s 1st Annual West Africa Awards Ceremony held in Lagos recently. The Best Retail Banker in Africa award went to Patrick...

Report by The Economist Intelligence Unit has ranked Lagos as the third worst city to live, maintaining the position at the lowest ebb of the Global Liveability index. The report released on Thursday placed Lagos 138th out of the 140 cities ranked in the latest liveability survey, just ahead of...

Federal Government has released the list of successful candidates for admission into Federal Unity Colleges throughout the federation for the 2016/2017 academic session. A statement on today by the Federal Ministry of Education said the Minister of Education, Malam Adamu Adamu approved the release of the list According to Ben...

  No fewer than 500 pension professionals are expected to converge at the 3rd edition of World Pension Summit (WPS), which Nigeria is hosting, to discuss relevant innovations on retirement issues and pension growth across African countries. The forum, which will hold between 27th and 28th of September, 2016, in...

The Management of First City Monument Bank (FCMB) has denied involvement in the fraud allegedly discovered at the Nigerian Ports Authority (NPA). The bank explained that it has not been involved in any case of concealment or fraudulent treatment of funds belonging to the NPA. The bank in statement obtained...

Investors on the Nigerian Stock Exchange (NSE) spent N3.603 billion on 313.276 million shares in 2,883 deals on Thursday as against 297.476 million shares valued at N2.289 billion in 3,438 deals traded on Wednesday even as the Market All-Share Index and Market Capitalisation which closed at 27,437.25 basis points and...

  The Abuja Division of the Court of Appeal, on Thursday described as a rape of democracy and miscarriage of justice, the judgment of Justice Okon Abang of a Federal High Court Abuja that sacked the Abia State Governor, Dr Okezie Ikpeazu. The appellant court, which restored the mandate of...

Naira plunged to a record low and forwards rose, suggesting traders expect further depreciation, as the country struggles amid a dearth of dollars. According to Bloomberg report monitored by Business247 News Online, the naira fell 6.3 per cent to 348.75 against the dollar by 3:08 p.m. in Lagos today. Three-month...

Full speech of President Mohammadu Buhari at the opening of the 2016 Annual Meeting of the Association of African Central Banks in Abula today. It is my great pleasure to welcome you all to our capital city of Abuja, on the occasion of the 2016 Governors Symposium and the 39th...

  The Minister of Finance, Mrs. Kemi Adeosun on today sought the understanding of members of the private sector in the ongoing policy review by the current administration. The Minister, who spoke during the visit of the leadership of the Nigerian Economic Summit Group, (NESG) to her office in Abuja...