archiveAugust 2017

First Bank of Nigeria Limited has promoted over 3000 of its workforce in its recent promotion exercise targeted at rewarding staff for strong performance in driving the bank's business. A statement explained that the promotion was in recognition of the hard work and contributions of its members of staff. The...

The governor of Ekiti state, Ayodele Fayose, has asked the Federal Government to increase the monthly allowance of Corps members in the country from N19,800 to N50,000. He made the appeal in Ise Ekiti during the closing ceremony of the orientation course of the 2017 batch “A” stream 2. The...

Namibia’s central bank on Wednesday cut its benchmark lending rate by 25 basis points to 6.75 per cent. The apex bank said in Windhoek that the aim was to support economic growth and maintain the one-to-one link between the Namibian dollar and the South Africa rand. Namibia’s economy slipped into...

• Indicts BPE, 15 oil companies Nigeria Extractive Industries Transparency Initiative (NEITI) has singled out two government agencies: the Federal Inland Revenue Service (FIRS) and the Nigeria Content Development and Monitoring Board as both of them said to have recorded 100 per cent for audit compliance in the ranking, for...

Sierra Leone began seven days of national mourning on Wednesday after flooding and massive mudslides triggered by heavy rains left hundreds dead. A minute of silence was scheduled to be observed at 1200 GMT in memory of the victims, said Information Minister, Mohamed Banguara. On Wednesday evening, an interreligious night...

Acting President Yemi Osinbajo has assigned portfolios to Stephen Ocheni from Kogi State and Suleiman Hassan from Gombe State who were recently sworn in as ministers. This was disclosed by his spokesman, Laolu Akande, in a tweet on Wednesday on his personal handle @akandeoj. He said the new ministers were...

The wife of Ooni of Ife, Olori Wuraola Ogunwusi has dismissed rumours making the rounds that her marriage has crashed. According to her, the rumours making the rounds was an attempt to defame her character as her said that her marriage to the respected Oba Adeyeye Ogunwusi was still intact....

... declares 30 kobo interim dividend Guaranty Trust Bank plc (GTBank) has released its audited financial results for the half year ended June 30, 2017 to the Nigerian and London Stock Exchanges with profit before tax gaining 18 per cent to N101.1 billion from N85.69billion recorded in the corresponding period...

Investors trading on the equities market of The Nigeria Stock Exchange (NSE) lost N294.5 billion on Tuesday as surge profit-taking in Dangote Cement Company Plc and the Nigerian Breweries Plc, among others, resulted in marked decline in market indices. Market capitalization depreciated by 2.25 per cent to close at N12.786...

The Minister of Finance, Mrs Kemi Adeosun, says the whistleblower policy of the Federal Government is one of the current administration’s successful initiatives. She said this on Tuesday in Abuja at a seminar organised by the Bureau of Public Service Reforms (BPSR) on “The Whistleblower Policy and its Implication for...