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House Committee Queries Oteh Over Access Bank’s Acquisition Of Intercontinental Bank

The House of Representatives Ad hoc Committee on Capital Market has queried Ms Arunma Oteh, the Director-General of the Securities and Exchange Commission (SEC), for approving Access bank's acquisition of…

May 9, 2012Comments OffRead More

Nigeria To Receive $285mln Funding For Electricity, Urban Mass Transportation

Nigeria is to receive a 285 million dollars assistance from the Clean Technology Fund??? (CTF), a global funding agency, to support electricity supply and urban mass transportation. The fund is being…

May 9, 2012Comments OffRead More

Micro Finance Banks Account For 3 Per Cent Of Nigeria’s GDP Growth In 2011, Says Association

The National Association of Micro finance Banks (NAMB) said on Wednesday in Abuja that microfinance banks improved the country’s Gross Domestic Product (GDP) by 3 per cent in 2011. Alhaji Kabir…

May 9, 2012Comments OffRead More

Okonjo-Iweala, Aganga Again Shun Senate Panel

Minister of Finance and the Coordinating Minister of the Economy, Mrs Ngozi Okonjo-Iweala and the Minister of Trade and Investment Olusegun Aganga for the third time yesterday failed? to appear…

May 9, 2012Comments OffRead More

Finacial Experts Flay Delay Of Budgetary Allocation To MDAs

Some financial experts on Monday expressed worry over the regular delay in releasing budgetary allocations to the federal ministries, departments and agencies (MDAs).? They said, in separate interviews with the News…

May 7, 2012Comments OffRead More

Experts Attribute Unemployment To Poor Corporate Governance

Some financial experts on Sunday attributed the rising unemployment rate in the country to poor corporate governance. They agreed, in separate interviews with the News Agency of Nigeria (NAN) in Lagos,…

May 6, 2012Comments OffRead More

Insecurity Hindering Business In Nigeria, Says Unity Bank

Managing Director of Unity Bank, Ado Wanka,? said in Kaduna on Saturday that the insecurity in the country was hampering business growth. Wanka, who was represented by a director in the…

May 6, 2012Comments OffRead More

FG Saves N14bn In 4 Months Through Integrated Payroll – Okonjo-Iweala

The Minister of Finance, Dr Ngozi Okonjo-Iweala, said on Thursday that N14.2 billion has been saved on personnel cost through the Integrated Payroll and Personal Information System (IPPIS). She made this…

May 3, 2012Comments OffRead More