Sunday , August 20 2017

Capital Market

Guinness Ghana hits jack pot on stock market

Guinness Ghana Breweries Limited the leading total Beverage Business in the country with an outstanding collection and the only beverage business listed on the Ghana Stock Exchange hit a jack pot on the Stock Market with tremendous jump upwards. Guinness Ghana climbed up by 3.6 per cent to close trading ...

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Caverton Lands Five-Year Contract with NNPC Partner C

Caverton Helicopters, a subsidiary of Caverton Offshore Support Group Plc. a fully indigenous company listed on the Nigerian Stock Exchange has been awarded a 5 year logistics support contract by CNL, operator of the NNPC/CNL Joint Venture, for provision of aviation services with a 2 year renewable option. The contract ...

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Money Market

FG begins audit of banks’ remittances to CBN

The Federal Government has commenced audit of remittances of its funds into the Treasury Single Account (TSA) by Deposit Money Banks. Speaking in Abuja at a two-day workshop for finance journalists on the TSA and other public financial management reforms, the Director, Funds, Office of the Accountant General of the ...

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Access Bank Encourages Savings through Family For

  Foremost Nigerian financial institution, Access Bank Plc has rewarded 120 of its loyal customers whilst promoting financial inclusion and encouraging a savings culture in Nigeria. This is in line with the Federal Government’s quest to boost economic growth in the country. The Bank recently introduced the family fortune promo ...

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Brand News

Fidelity Bank bags SME friendly bank award

Fidelity Bank Plc, one of the country’s foremost financial institutions has been awarded the “SME Friendly Bank of the Year 2017” in utmost recognition of its support for Micro Small Medium Enterprises (MSMEs) in Nigeria. The accolade which was bestowed upon Fidelity Bank Plc at the 2017 Lagos Chamber of ...

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Business Wheels

BMW to unveil all-new Roadster

BMW will unveil two concept vehicles on August 17th, at the Lodge at Pebble Beach Concours d’Elegance Reviewing Stand area on the 18th green. Speakers will include Bernhard Kuhnt, new President & CEO BMW of North America and Adrian van Hooydonk, BMW Group Head of Design. After the North American ...

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Industry

Politics

APC MEMBERS PROTEST AT ALAUSA, DEMAND BANIRE’S EXPULSION

Concerned Leaders and members of the All Progressives Congress (APC) in Mushin Local Government and Odi Olowo Local Council Development Area protest for the removal of the Party’s National Legal Adviser for anti-party activities at Alausa, Ikeja, on Tuesday, July 18, 2017.       Scores of leaders and members ...

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LG ELECTION: LAGOS ANNOUNCES RESTRICTION OF MOVEMENT

…Urges Voters To Perform Their Civic Duty Peacefully The Lagos State Government has announced restriction of vehicular movement in the State on Saturday July 22, 2017 in view of the elections that will hold across the 20 Local Government and 37 Local Council Development Areas (LCDAs) across the State. In ...

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Pension

News from Nigeria

Africa News

AfDB signs Host Country Agreement with South Africa establishing Southern Africa Regional Development and Business Delivery Office

African Development Bank President Akinwumi Adesina and South African Minister of Finance, Malusi Gigaba, signed a Host Country Agreement on Friday, August 18, establishing the Bank’s Southern African Regional Development and Business Delivery Office in Pretoria, the country’s capital. The office will serve as one of five regional hubs for ...

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Ghana: July APR increases to 26.6 %

The Bank of Ghana (BoG) has announced an Annual Percentage Rates (APR) of 26.6 per cent for the month of July 2017. The industry average base rate as at July 31, 2017 was 26.6 per cent, showing an increase of 0.3 per cent, when compared to the rate at the ...

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Crime Reports

Gunmen attacks EFCC office in Abuja

A major security breach was recorded at the headquarters of the EFCC in the early hours of Wednesday, August 16, 2017 as unknown gunmen attacked the office located at Wuse Zone 7, Abuja. The group of heavily armed bandits invaded the office at about 05.00 hours and began shooting into ...

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