Category Archives: Featured

FMDQ, RIMAN advocate improved risk management practice

FMDQ, RIMAN advocate improved risk management practice

FMDQ OTC Securities Exchange in partnership with Risk Management Association of Nigeria (RIMAN) has stressed the need for enhanced risk management practice in the Nigerian

Stock market reverses gains, reverts to losing streak

stocks-market

The Nigerian equities market has reverted to its losing trend, reversing gains recorded on Wednesday. Investors lost N56bn as the market capitalisation of equities listed

NNPC confirms recruitment of fresh graduates, others

NNPC confirms recruitment of fresh graduates, others

The Nigerian National Petroleum Corporation says it has commenced recruitment of fresh graduates and experienced professionals. The Group General Manager, Public Affair Division, NNPC, Ndu

Allianz Nigeria Gets Positive Rating

Allianz Nigeria Gets Positive Rating

Allianz Nigeria has disclosed that it recently got four-star rating across different performance metrics by its customers. The company, apart from triggering an integrated advertising

PFSO advocates integration of maritime command control centres

PFSO advocates integration of maritime command control centres

The Port Facility Security Officers, PFSO, Forum of the Lagos Maritime Security Zone, MSZ, has advocated for the integration of the various maritime command control

FG released N7.3tn for recurrent, capital expenditure in 2018

FG released N7.3tn for recurrent, capital expenditure in 2018

Between January and December last year, the Federal Government spent about N7.36tn on the implementation of the 2018 budget. The amount was spent on three

Currency dealers pledge support for CBN’s stability agenda

Currency dealers pledge support for CBN’s stability agenda

Currency dealers in the country have pledged their support to the financial stability agenda of the Central Bank of Nigeria (CBN), a development that signals

NSE, Meristem partner on indices focused on value investment strategies

NSE, Meristem partner on indices focused on value investment strategies

Nigerian Stock Exchange (NSE), and Meristem Securities Limited, have announced the launch of two new style indices namely NSE-Meristem Growth Index and NSE-Meristem Value Index.

UPMFB Disburses N1.1bn Loans to Customers

UPMFB Disburses N1.1bn Loans to Customers

The Umuchinemere Pro-credit Micro Finance Bank Enugu (UPMFB) disbursed a total of N1.1billion as loans to its customers Economy in 2018. The credit facilities where

Tinkering jigsaw economy in five-year battle

Tinkering jigsaw economy in five-year battle

It’s been a bumpy ride for the economy, starting from the tail end of 2014, but also, heavily laden on the hands that have been

CBN, NIPOST to kick off microfinance banking in seven locations

microfinance banking in seven locations

The Central Bank of Nigeria and the Nigerian Postal Service are set to kick off the establishment of a National Microfinance Bank with pilot projects

Royal Power targets 60% power sector market share

Royal Power targets 60% power sector market share

Royal Power and Energy Limited (RPEL), a power solutions provider and supplier of complementary electrical products and services, has disclosed plans to gain over 60

Nigeria, Iraq exceed cuts as OPEC achieves 79% compliance

OPEC

Increased production by Nigeria and Iraq above the agreed quota by members of the Organisation of the Petroleum Exporting Countries (OPEC), in February, saw compliance

CBN to raise N1tn from treasury bills Q2

CBN to raise N1tn from treasury bills Q2

The Central Bank of Nigeria plans to raise a total of N1.006tn from the debt market in the second quarter of 2019. This was disclosed