Wednesday , June 28 2017

Capital Market

LafargeHolcim receives concrete responsible sourcing certificates from Concrete Sustainability Council

LafargeHolcim’s operations in Canada obtained the Concrete Sustainability Council (CSC) certificates for Responsibly Sourced Concrete for a ready mix concrete plant in Burlington, Ontario and a ready mix concrete plant in Edmonton, Alberta. Both plants received CSC bronze level certification for operating in an environmentally, socially and economically responsible way. ...

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Money Market

Forex: CBN Boosts Supply with $240m to Retail SMIS

In the last trading day of the week and ahead of June 26 and 27, 2017 holiday declared by the Federal Government to commemorate the Eid-el-Fitr, the Central Bank of Nigeria (CBN) on Friday, June 23, 2017, allocated the total sum of $240 million to the Retail Secondary Market Intervention ...

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Brand News

Ecobank Shines At Asian Banker’s Awards

Matt Doley, Founder, Connected Thinking; Ms. Emelia Atta-Fynn, MD/CEO, Pan-African Savings & Loans Ghana (member, Ecobank Group); Nihinlola Rotimi, Group Head, Microfinance & Financial Inclusion, Ecobank Group and Mr. Nixon Pesie, Head, E-Banking & Payments, Pan-African Savings & Loans Ghana, at the Asian Banker West Africa Country Awards where Pan-African ...

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Lagos bags ‘Labour Friendly’ Award

L-R: Commissioner Establishments, Training and Pension, Dr. Akintola Benson, Deputy Governor, Lagos State, Dr. Idiat Oluranti Adebule, Governor, Lagos State, Akinwunmi Ambode and Chairman, House Committee on Establishments, Training and Pension, Hon Adedayo Famakinwa during a May Day rally on Monday at Agege Stadium, Lagos.   The Association of Senior ...

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Business Wheels

Kia introduces Stonic SUV

  Kia’s new B-segment crossover will be named ‘Stonic’. An eye-catching and confident compact crossover with true European design flair, the Stonic is inspired by the form and function of larger Kia Sports Utility Vehicles (SUVs). The name ‘Stonic’ combines ‘Speedy’ and ‘Tonic’, which refers to the first and last ...

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Industry

SON intercepts N8bn cloned made in Nigeria cables

The Standards Organisation of Nigeria has intercepted over N8bn worth of substandard electrical cables. The cables, according to the organisation, are cloned versions of 20 popular Nigerian brands and shipped from China into the country. The cables were discovered in two residential buildings in the Ajangbadi area of Lagos State ...

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IMO to adopt passenger ship safety amendments

The International Maritime Organization (IMO) is set to adopt revised safety requirements to ensure newbuild passenger ships remain afloat after a major incident. The revisions to the International Convention for the Safety of Life at Sea (SOLAS) chapter II-1, relating to subdivision and damage stability, follow a substantive review of ...

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Politics

Pension

Decent Growth Posted by The PFAs

The assets under management (AUM) of the regulated Nigerian pension industry increased by 21.1% y/y in April to N6.49trn (US$21.2bn). This is a decent annual increase when we allow for the arrears in pension (and salary) payments to employees of state governments and public agencies that emerged in the campaigning ...

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News from Nigeria

Buhari to receive freed 82 Chibok girls

Boko Haram group have released 82 schoolgirls from a group of 276 they abducted in north-eastern Nigeria three years ago, the president’s office says. They were handed over in exchange for Boko Haram suspects after negotiations. The girls will be received by President Muhammadu Buhari in Abuja on Sunday, a ...

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Africa News

DHL Express lauds employees as cornerstone of success

Paul Clegg, Vice President, Human Resources, DHL Express Sub Saharan Africa           In a network business like DHL Express (www.dpDHL.com), it is imperative that a culture of motivation is inculcated among employees so they will deliver superior service to our customers. The annual DHL Employee Appreciation ...

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AfDB Names Vanessa Moungar as Director for Gend

The African Development Bank is pleased to announce the appointment of Vanessa Moungar as Director of Gender, Women and Civil Society with effect from 1st July 2017. A citizen of Chad and France, Moungar brings along diverse experience from the public and private sectors, as well as an extensive global ...

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Crime Reports

Former NFL star Aaron Hernandez hangs himself in prison

Convicted murderer and former NFL star Aaron Hernandez was found hanged in his Massachusetts prison cell yesterday morning, officials said, just days after his acquittal in a double murder case. The 27-year-old former tight end for the New England Patriots hanged himself with a bedsheet attached to a window in his ...

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