Saturday, February 24, 2018

Monthly Archives: March 2017

Sterling bank announces 50% decline in profit, no dividend to shareholders

The board of Sterling Bank Plc on Thursday presented its audited result for the year ended December 31, 2016, showing that gross earnings and...

CBN’s increases BDCs FX to $10,000

The Central Bank of Nigeria (CBN) has increased foreign exchange (FX) sale to Bureau De Changes (BDCs) operators to $10,000 with $5,000 per bid...

Equities market closes adds 1.05%

The Nigerian Stock Exchange (NSE) on Thursday closed positive when major market indicators, the All Share Index and market capitalisation appreciated by 1.05 per cent each. The...

NIMASA to declare abandoned Ships as wrecks

The Nigerian Maritime Administration and Safety Agency (NIMASA) has warned owners of abandoned ships that impede navigation on Nigerian waterways to remove them or...

NSA sticker Stall FG Fertilizer Evacuation At Lagos Seaport

The evacuation of fertilizers imported into the country through the Lagos Seaports -Tin-Can and Apapa, have slowed over inadequate numbers of haulage trucks available...

NPA MD wins awards, charges Journalists on investigative reportage

The Managing Director of Nigerian Ports Authority (NPA) Ms Hadiza Bala Usman has been awarded 'trail blazer in maritime industry' by platinum award by...

EFCC arrests herbalist for N45m fraud

The Economic and Financial Crimes Commission, Ibadan zonal office, Oyo State, on Thursday said a herbalist had been arrested by its operatives for falsely...

Crisis looms for Eagles as NFF fails to pay Rohr

The Nigeria Football Federation has  engaged in a desperate effort to source money to pay the Super Eagles coach Gernot Rohr his salary arrears. The...

Why stolen monies are difficult to repatriate – Osinbajo

Vice-President Yemi Osinbajo on Thursday lamented that the tracing and returning of stolen assets had become difficult for most African countries. He attributed the phenomenon...

CBN increases forex sale to BDCs, releases fresh $100m

The Central Bank of Nigeria on Thursday said it would from next Monday begin the sale of foreign exchange to Bureau De Change operators...