Business

European stocks markets recover

European stocks markets recover

Business July 3, 2018 at 12:08 pm 0 comments

European stock markets recovered Tuesday on easing political unrest in Germany, but shares in Swiss miner Glencore melted on news of a US legal probe over its global activities.
Around 1015 GMT, London’s benchmark FTSE 100 was up 0.5 percent compared with

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CBN directs banks to resolve USSD disputes in 3 days USSD

CBN directs banks to resolve USSD disputes in 3 days USSD

Business, News June 30, 2018 at 9:49 pm 0 comments

The Central Bank of Nigeria (CBN), on Saturday directed all commercial banks to resolve disputes arising from use of Unstructured Supplementary Service Data (USSD) channel within three days.
Mr Dipo Fatokun, CBN’s Director, Banking and Payment Systems Department, gave the directive at the ‘Meet The Executive’ forum organised by Finance

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Nigerian banks lose N12.30bn to fraud in 4 years – NIBSS

Nigerian banks lose N12.30bn to fraud in 4 years – NIBSS

Business, News June 21, 2018 at 6:14 pm 0 comments

The Nigerian Inter-Bank Settlement System (NIBSS), on Thursday said the banking industry lost the sum of N12.30 billion to various frauds between 2014 and 2017.
Mr Adebisi Shonubi, Managing Director, NIBBS, disclosed this at the third Annual Banking Security Summit organised by MAXUT Consulting in partnership with OneSpan, a global

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Nigeria in eyes of the world as Buhari declares IPI congress open

Nigeria in eyes of the world as Buhari declares IPI congress open

Business, News June 21, 2018 at 9:14 am 0 comments

Nigeria will be at the centre of global focus from today as President Muhammad Buhari declares open the 2018 congress of the International Press Institute (IPI) in Abuja.
IPI is a global network of editors, journalists and media executives “who share a common dedication to quality, independent journalism.”
The group

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2018 budget: AFAN to begin monitoring implementation of agric budget

2018 budget: AFAN to begin monitoring implementation of agric budget

Business, News June 20, 2018 at 4:04 pm 0 comments

The All Farmers Association of Nigeria (AFAN) says it will begin monitoring implementation of agricultural budget in the country to facilitate accountability.
Chief Daniel Okafor, the Vice President of the association, told Newsmen in Abuja on Wednesday, that the budget monitoring would be done in all the states of the

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Only an angel can run NNPC honestly, says Sanusi

Only an angel can run NNPC honestly, says Sanusi

Business, Opinions June 9, 2018 at 12:56 am 0 comments

The Emir of Kano, Muhammadu Sanusi ( II ), says the subsidy regime in the Nigerian National Petroleum Corporation has compromised the corporation to the extent that only an angel may be able to run the corporation honestly.
Sanusi said this during an interview with our correspondent in commemoration of

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