GTBank Adjudged ‘African Bank’ for 2014
Guaranty Trust Bank plc (GTBank) said it emerged the ‘2014 African Bank of the Year’ for the second consecutive time by the African Banker Magazine. The African Banker awards...
CSCS Grows Profit Before Tax by 56% to N4.8bn
The Central Securities Clearing System Plc (CSCS) had a very fruitful 2013 as it ended the year with a profit before tax (PBT) of N4.82 billion, showing an increase of...
Dangote Sugar Splashes N7.2bn Dividend on Shareholders
Shareholders of Dangote Sugar Refinery Plc (DSR) will begin to receive their dividend for the 2013 financial year as from today. This follows the approval of the dividend by the...
NIGERIA: Bullish Run Lifts Market to Three-month High
The bullish run in the Nigerian equities market was sustained last week with the All-Share Index hitting a three-month high Having appreciated by 1.10 per cent the previous week,...
FG Seals Pact With China, Canada to Increase FDI Inflows
The federal government has sealed two agreements that would help to facilitate investment cooperation as well as fast-track the inflow of foreign direct investment (FDI) into the country. While...
NIGERIA: Shippers’ Council Partners Customs on Ports’ Efficiency
The Executive Secretary, Nigerian Shippers’ Council (NSC), Barrister Hassan Bello, has said that the council is to partner more closely the Nigerian Customs Service to scale up clearing time limit...
Olukoya: We Will Invest over $100m in Transmission Facilities
Deputy Chief Executive Officer and Chief Financial Officer of Symbion Power, Mr. William Olukoya, spoke to Steve Omanufeme and Ejiofor Alike on Western Sahara, a joint venture between Symbion, Iroko...
NASENI Sign MOU on Joint Venture With Czech Republic
The Nigeria, Czech Republic Chamber of Commerce and Industry has brokered a joint venture agreement between the technology agency of Czech republic and the national Agency for Science and Engineering...
NIGERIA: FG Targets $558.45 Million GDP by 2018
Federal government has said it is anticipating a huge increase in its national gross domestic product (GDP) from $510 million in 2013 to $558.45 million in 2018 especially from the...
Goodluck Jonathan Administration To Hire Foreign PR Firm For $800m To Burnish Image
The Goodluck Jonathan government is in the process of recruiting an international public relations firm, at the cost of nearly $1 billion dollars, to improve its battered image, SaharaReporters has...