FG approves N2bn to develop maritime academy
The Federal Government has approved N2bn for the development of facilities at Maritime Academy, Oron in Akwa Ibom State to upgrade its programme to a degree awarding institution. President Gooodluck...
View ArticleUnderstanding WordPress
Meet WordPress – the world’s most popular content management system. In case you do not know, wordpress is the world’s most popular Content Management System. CMS, in this case, means the platform used...
View ArticleCBN to protect banks from Internet frauds, cybercrimes
The Central Bank of Nigeria has said it is taking steps to protect banks from Internet frauds and other cybercrimes. Delivering a keynote address at the first annual Conference on Audit and Regulatory...
View ArticleOasis Insurance pays N494m claims
Oasis Insurance Plc settled N494.5m claims in various classes of insurance in the 2012 financial period. A statement from the company on Friday said the claims were paid mainly on motor, fire, marine,...
View ArticleCOREN advises consultant engineers on professionalism
The Council for the Regulation of Engineering in Nigeria has charged aspiring engineers who desire to go into consultancy to uphold the ethics of the profession as prescribed by it at all times....
View ArticleExperts recommend new products to promote insurance awareness
The low level of insurance penetration in the country is a source of concern to stakeholders, who insist that to make it attractive, factors hindering its development must be addressed, NIKE POPOOLA...
View ArticleClimate change: Summit canvasses adaptation, mitigation strategies
The 5th Lagos Climate Change Summit ended on Friday with participants resolving to focus on measures that would aid adaptation and mitigation, MAUREEN AZUH writes Stakeholders have recommended that...
View ArticleRemittances: Reps move to repeal Fiscal Responsibility Act
The House of Representatives has proposed to repeal the Fiscal Responsibility Act, 2007, in a bid to arrest the alleged trend among revenue generating agencies of the Federal Government to hold on to...
View ArticleManufacturers’ collaboration, key to industry survival – Stakeholders
Partnership among Original Equipment Manufacturers in the Information Technology industry has been described as the future, especially for the computer manufacturing business, STANLEY OPARA writes...
View ArticleNigerian bank loans to grow 30% –S&P
A surge in lending is likely to boost the earnings of Nigerian banks this year though loans are eating into capital reserves and are too concentrated in the oil sector, credit rating agency, Standard...
View ArticleSenate to curb abuse of ecological, stabilisation funds
The Senate has admitted a bill for consideration to stem alleged abuses of the Special Fund Accounts by the Presidency. The bill arose from an investigation conducted by the Senate Committee on Public...
View ArticleTelecoms sector attracted $25bn in 14 years – NCC
The country’s telecommunications industry has attracted investment of $25bn since the advent of democracy in 1999, the Executive Vice Chairman, Nigerian Communications Commission, Dr. Eugene Juwah,...
View ArticleUS stocks slip from highs
United States stocks fell on Friday from near record levels as a drop in JPMorgan Chase led a pause in the market’s 10-day rally. Reuters reported that with the pullback in US stock prices, the Dow...
View ArticleCBN firms up measures to counter cybercrimes
The Central Bank of Nigeria has said it has adopted a number of measure aimed at protecting banks from Internet frauds and other cybercrimes . The Director, Banking Supervision, CBN, Mrs. Olatokunbo...
View Article‘Explore exhibitions as marketing tool’
The President, Lagos Country Club, Mr. Adewale Osomo, has urged real estate practitioners and building materials and accessories’ manufacturing firms to explore marketing communication tools like...
View ArticleSterling Bank to host undergraduate fashion competition
In a bid to discover and celebrate the creativity of the Nigerian youth, Sterling Bank Plc is set to organise a fashion competition for undergraduates of tertiary institutions in Lagos State. The...
View ArticleEmerging stocks fall on Asian valuations
Emerging-market equities dropped for a fourth day, the longest losing streak in five weeks, as declines in Philippine and Indonesian stocks outweighed an unexpected drop in American jobless claims....
View ArticleForex: CBN sold $1.15bn in February
The Central Bank of Nigeria sold a total of $1.15bn in February, as against $833m sold in January. A report by the Financial Derivatives Company Limited made available to our correspondent on Friday...
View ArticleLeadway Assurance gets new chairman
Following the death of the founding Chairman, Alhaji Hassan Shettiman-Hadejia, the Board of Directors of Leadway Assurance Company Limited has announced the appointment of Mr. Umar Yahaya as the...
View ArticleInvestors advised to take advantage of low prices
Analysts have advised investors to take advantage of the present decline in equities to increase their holdings. The analysts said most stocks in the equities section of the Nigerian Stock Exchange...
View Article