archiveAugust 2016

First City Monument Bank Limited (FCMB) has said that holders of its MasterCard, Visa and Verve payment cards are in for seamless service following the full implementation of its recently-introduced technology solution called Finacle 10. In a statement by the bank, intending holiday makers will now have access to over...

Ecobank Nigeria has launched ‘Move on up’, a fully-integrated consumer advertising campaign meant to ensure consumers have easy access to digital banking solutions across the country. The Managing Director, Ecobank Nigeria, Mr. Charles Kie, was quoted in a statement by the bank as saying, “We are delighted to be launching...

The United Nations’ International Organization for Migration (IOM) has said that about eighty per cent of Nigerian women who arrived Italy by boat in the first half of 2016 were trafficked for prostitution. “What we have seen this year is a crisis; it is absolutely unprecedented and is the most...

  Employment in oil and gas down by 26% worldwide The Organisation of Petroleum Exporting Countries (OPEC) has expressed the hope that oil prices will rise in September through December, following expectations of higher oil demand. OPEC president, Mohammad Al-Sada, who made the projection, yesterday, also disclosed that an informal...

The top 10 stockbroking firms traded shares valued at N55 billion in seven months ended July 31, 2016, according to the data obtained by business247 News Online. This made the firms to account for 60.98 per cent of total value of stocks traded on the Nigerian Stock Exchange (NSE). An...

Raymond Dokpesi Campaign Organisation has debunked a report by an online news platform that alleged that High Chief Raymond Aleogho Dokpesi is a sponsor of the activities of the Niger Delta Avengers. The organisation said this was nothing but a mere politically motivated campaign. The press statement signed by Director-General...

Benue, Kaduna, Delta, Kwara, Yobe, Zamfara and others The Nigerian Meteorological Agency (NiMet) has alerted the country that 11 states of the federation will witness flooding in August and the agency has therefore advised the affected states to take pro-active action against the imminent flooding. The Head, Corporate Communications, Public...

Nigeria Customs Service (NCS) has seized 26 containers of tyres valued at N116.2 million by the Apapa Area1 Command of the service. The Comptroller-General, Col Hameed Ali (rtd) said this in Lagos. The comptroller-general said that all the tyres in 16 containers were automatically seized and the law allows Customs...

  ..Users of *945# won cash prizes for 24 days Wema Bank, Nigeria’s longest surviving indigenous bank wrote its name in the annals of innovation in the Nigerian banking industry as it successfully concluded the groundbreaking 945 Game Show hosted live on Facebook. The bank is the first ever Nigerian...

About 26 per cent of companies listed on the main board of the Nigerian Stock Exchange (NSE) are trading at par value (N0.50), investigation by Business247 News Online has revealed. According to data gathered by our correspondent, 46 out of total 171 quoted companies on the equities market of The...