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Enterprise Bank introduces product for young graduates

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Posted by admin 13 hours ago (http://businessnews.com.ng)
Enterprise Bank says it has introduced a new scheme to cater for young graduates who are brimming with ideas but do not have the financial capacity to bring their dreams into reality. The Enterprise Graduate Empowerment Scheme, the bank said, was inspired by a personal experience the Managing Director/Chief Executive Officer of the bank, Mr. […]Enterprise Bank introduces product for young g

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Fidelity wins best private bank award

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Posted by admin 13 hours ago (http://businessnews.com.ng)
Fidelity Private Banking, a division of Fidelity Bank Plc, has emerged as the best private bank in Nigeria 2014 in the Global Private Banking Awards organised by Professional Wealth Management and The Banker magazines, publications of the Financial Times Group. This was announced at the 6th Annual Global Private Banking Awards which took place in […]Fidelity wins best private bank award

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Gas shortage not an excuse for inadequate power supply – Fashola

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Posted by admin 13 hours ago (http://businessnews.com.ng)
The Lagos State Governor, Mr. Babatunde Fashola, has stated that gas should not be an excuse for the federal government’s failure to deliver on its promises of providing regular power supply to Nigerians. Speaking on Wednesday night in Ikeja at the inauguration of the Mainland Independent Power Plant (IPP), the fourth IPP to be built […]Gas shortage not an excuse for inadequate power supply

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NERC puts caveat on issuance of unsolicited electricity licences

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Posted by admin 13 hours ago (http://businessnews.com.ng)
The Nigerian Electricity Regulatory Commission (NERC) has disclosed that it will henceforth suspend issuance of new licences for electricity generation in the country. It said unless proven to have met a ‘good cause’ condition, applications for generation licences would not be considered. NERC listed the ‘good cause’ conditions upon which licences would be issued to […]NERC puts caveat on i

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Nigerians condemn 20-year fuel importation plan

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Posted by admin 13 hours ago (http://businessnews.com.ng)
A cross section of Nigerians, including financial and labour experts, have condemned the plan by the Federal Government to continue to import refined petroleum products for the next 20 years. The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, had said in a presentation on Tuesday that Nigeria and other African countries would continue to be […]Nigerians condemn 20-year fuel i

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Banks barred from selling dollars to BDCs at Interbank Market

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Posted by admin 13 hours ago (http://businessnews.com.ng)
As part of measures to strengthen the naira as well as to sanitise the operations of the forex market, the Central Bank of Nigeria (CBN) has barred commercial banks (authorised dealers) from selling its interventions funds in the interbank market to authorised buyers such as Bureaux de Change and hotels. The central bank stated this […]Banks barred from selling dollars to BDCs at Interbank

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Union Bank, Diamond Bank post Q3 results

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Posted by admin 13 hours ago (http://businessnews.com.ng)
Union Bank of Nigeria Plc and Diamond Bank Plc yesterday released their third quarter 2014 unaudited financial statements on the floor of the Nigerian Stock Exchange (NSE). For Union Bank of Nigeria, its unaudited results for the nine months ended 30th September 2014 showed that the group’s gross earnings stood at N74.8 billion in the […]Union Bank, Diamond Bank post Q3 results

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Jonathan, Sanusi settle rift

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Posted by admin 14 hours ago (http://www.punchng.com)
The Emir of Kano, Muhammad Sanusi II, on Thursday visited President Goodluck Jonathan in Aso Rock and allegedly apologised to his host for all his actions and inactions that strained their relationship. The relationship between the two became strained when the President suspended Sanusi as the governor of the Central Bank of Nigeria. Jonathan had... [Read More...]

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