Business

NCC unveils governance code to protect telecoms assets

The Nigerian Communications Commission (NCC) has unveiled a corporate governance code that will protect the over $25bn worth of assets in the telecommunications sector. At ...

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NSE equities value rises by N1.582tn in Q2

The market capitalisation of the listed equities on the Nigerian Stock Exchange (NSE) rose by 12.71 per cent or N1.582tn in the second quarter of ...

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CBN unveils new guidelines for finance, leasing companies

The Central Bank Of Nigeria (CBN) has given finance houses as well as leasing companies in the country up until September 30, 2014, to shore ...

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NSE: Market index hits new high at 0.41%

The Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated by 0.41 per cent to hit a new high of 43,039.45 yesterday as the market rally entered ...

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UBA pays out N3.5bn retirement benefits

UBA Pensions Custodian pays about N3.5 billion monthly as retirement benefits to 25,000 retirees. The Managing Director, Mr. Bayo Yusuf, disclosed this in an interview ...

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Liquidation: CBN faults proposal for NDIC Amendment Act

The Central Bank of Nigeria (CBN) has challenged the proposed statutory amendment seeking to empower the Nigerian Deposits Insurance Corporation (NDIC) to liquidate insurance companies ...

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Reps pass NCC 2014 budget

The 2014 Appropriation bill of the Nigerian Communications Commission (NCC) yesterday scaled through second reading stage in House of Representatives. The bill which was presented ...

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Dangote Cement boosts equities market recovery

Dangote Cement Plc’s N2.02 price gain yesterday boosted recovery of the Nigerian equities market after declining the first day of the week due to profit-taking. ...

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Diamond Bank CEO seeks overhauling of education sector

The Group Managing Director and Chief Executive Officer, Diamond Bank Plc, Dr. Alex Otti, has linked improvement in technology, entrepreneurship and standard of living to ...

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Firm vows to break Cable TV monopoly in Nigeria

Cable television providers in the country are in for fierce competition with the launch of Continental Satellite Limited (Consat), an indigenous satellite television provider which ...

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