Diamond Bank spends N70bn on MSME loans
Diamond Bank of Nigeria Plc has so far given N70bn as loans to Micro, Small and Medium Enterprises since the inception of the programme in 2009. The bank’s Head of MSME Proposition, Mr. Chima Nnadozie,...
View ArticleJohn Lewis, profits, bonuses rise strongly
More than 80,000 John Lewis and Waitrose staff have netted bonuses worth 17 per cent of their salaries — almost nine weeks’ pay. The John Lewis Partnership announced the bonus pot of £210.8m it...
View ArticleBudget: FG to supervise lawmakers’ N100bn constituency projects
President Goodluck Jonathan has directed the Minister of Special Duties, Mallam Taminu Turaki, to supervise the implementation of the N100bn constituency projects of National Assembly members. The...
View ArticleStandard Bank’s revenue up by 17%
Standard Bank recorded a 17 per cent rise in its revenue for the 2012 fiscal year. Its results released on Thursday, showed that the bank, which also trades as Stanbic IBTC Bank Plc, recorded a 32 per...
View ArticleMTN budgets $1.5bn capital funds for Nigeria
Considering its growing importance to the entire operations of the MTN Group, MTN Nigeria will gulp about $1.5bn (13.1 billion Rand) of the total group’s capital expenditure over $3bn (29 billion Rand)...
View ArticleCanadian, Nigerian investors commence retail business in W’Africa
A Canadian retail management, consulting and training company, DMSRetail Incorporated, has partnered Bervidson International Limited, Nigeria to set up a retail company for Nigeria and the entire West...
View ArticleWin some, lose some
Time was when lottery was something for the poor, who were barely managing to make ends meet. It was regarded as an opportunity for the poor to stake their meagre earnings on the ‘game of chance’ and...
View ArticleGovt should help Nigerians build cheap houses –Ogunniran
Managing Director, UACN Property Development Company Plc, Mr. Hakeem Ogunniran, tells Udeme Ekwere what government can do to provide affordable properties In your opinion, do you believe that there can...
View ArticleNSE index rises by 0.2%
Equity trading activities on the Nigerian Stock Exchange closed on Friday on a positive note as major indicators recorded significant appreciation. Specifically, the NSE All-Share Index rose by 0.2...
View ArticleCIBN, MAN, others take investment campaign to US
Corporate Nigeria Stakeholders and Investors Forum is planning a two-day investment summit in New York, United States in April, 2013 with the aim of attracting investment opportunities into Nigeria. A...
View ArticleWe’ll recover banks’ debts in six years – Chike-Obi
The Managing Director, Asset Management Corporation of Nigeria Mr. Mustapha Chike-Obi, says the corporation will not spare any of its debtors in its debt-recovery drive. He spoke with OYETUNJI ABIOYE...
View ArticleDeclining yield and the bears — a tale of two markets
Equities market review and expectation The bears continued their dominance on the bourse as continued profit taking led to the decline of heavyweight stocks during the first three trading days. NESTLE...
View ArticleAirtel to minimise noise from phone conversation
If you have been worried about background noise that impedes effective conversation during telephone conversation, then you need to hear this. Leading telecommunication services provider in Africa,...
View ArticleSEC advises women on collective investment schemes
The Director-General, Securities and Exchange Commission, Ms Arunma Oteh, on Friday advised women to diversify their investment portfolio in order to mitigate the risks of economic shocks. Oteh stated...
View ArticleMany are still ignorant of insurance benefits – Oyefeso
Managing Director, Staco Insurance Plc, Mr. Sakiru Oyefeso, speaks on the benefits of compulsory insurances and challenges in implementing them, in this chat with NIKE POPOOLA How have economic...
View Article20 medically challenged retirees got 2011 pension — PenCom
Twenty workers who were forced out of their paid employment due to health conditions in 2011 are now drawing about N1.99m every month from their compulsory pension savings. The affected workers had...
View ArticleMain One to carry traffic for DaarSat
Rejuvenated DaarSat, the satellite television of Daar Communications Limited, says Main One will carry traffic through its fibre optic network. Managing Director of the company, Dr. Don Pedro Obasaki,...
View ArticleNSE down as global stock markets rally
Global Markets Market sentiments reversed to a strong risk-on mood following assurances by the Fed that monetary policy will remain accommodative in the United States (US). Subsequently, global...
View ArticleNIMC to set up 776 enrolment centres
The Nigerian Identity Management Commission says it plans to establish enrolment centres in all the 776 local government headquarters in the country to enable Nigerian citizens to obtain national...
View ArticleFloods: FG commences environmental advocacy campaign
The Federal Government, through its Ministry of Environment, has commenced environmental education and advocacy campaign across the country in order to effectively reduce the menace of floods in...
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