2014年10月19日 星期日

2014-10-20 Nigeria Business


MARKET INDICATOR: BDCs Urge CBN to Raise Dollar Supply  THISDAY Live
Bureaux De Change (BDC) operators in the country have called on the Central Bank of Nigeria (CBN) to increase the weekly sale of foreign exchange (forex) to the sub-sector. The forex dealers also asked the central bank to extend its occasional intervention ...


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  The Guardian Nigeria   
Minister hails BoI's industrialisation project  BusinessDay
Olusegun Aganga, minister of industry, trade and nvestment, has extolled the contributions of the Bank of Industry (BoI) to industrial growth in Nigeria. Aganga, who spoke recently in Ilorin during his pre-commissioning visit to the Cold Roll Mill project of Kam ...

BoI moves to increase financial intermediation in real sector   The Guardian Nigeria

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  The Guardian Nigeria   
CBN Puts Two Banks under Watch over Low CAR  THISDAY Live
The Central Bank of Nigeria (CBN) has said it is closely monitoring two deposit money banks (DMBs) following findings that their capital adequacy ratio (CAR) has fallen below the 10 per cent prudential minimum stipulated under the Basel I and Basel II ...

Enyinnaya: The real issues with banking sector   The Guardian Nigeria
Naira as index for funds transfer   Nigerian Tribune

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  The Punch   
Wema Bank announces 345% growth in Q3 profit  The Punch
Wema Bank Plc says its profit before tax rose by 345 per cent in the third quarter of 2014 when compared to the corresponding period of 2013. The bank said the pre-tax profit rose to N2.5bn in the period from N0.56bn. The bank also said its net interest ...

Wema Bank: A gradual rebound   Nigerian Tribune
STATUS REPORT: Wema Bank Sustains Business Growth   THISDAY Live
How bad debts squeeze banks' profits   Daily Sun

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AfriHeritage commences business survey  BusinessDay
In an attempt to produce an indigenous independent business environment survey in the country, the African Heritage Institution (AfriHeritage) has begun the third cycle of the Business Environment and Competitiveness, BECANS III. The institution had ...

AfriHeritage, OPS, others partner on business survey   Nigerian Tribune

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Transactions in NASD OTC to hit N100 billion  The Guardian Nigeria
VOLUME of transactions in NASD OTC Plc market is expected to hit N100 billion by the end of the year, the President, Chartered Institute of Stockbrokers (CIS), Albert Okumagba has said. The company is licensed by the Securities and Exchange Commission ...


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  Leadership Newspapers   
AMCON, Heritage Begin Acquisition Completion Phase  Leadership Newspapers
The Assets Management Corporation of Nigeria (AMCON) said it has commenced the acquisition completion phase of Enterprise Bank following the final payment by Heritage Bank's investment arm, the HBCL Investment Services Limited (HISL)on ...


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Access Bank gets ISO 22301 Business Continuity Management Certification  BusinessDay
Access‎ Bank plc has been awarded the International Organisation for Standardisation, ISO, 22301:2012 certificate for 'Societal Security – Business Continuity Management Systems.' The award was presented to the bank by the British Standard Institute, BSI, ...


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  The Nation Newspaper   
'Infrastructure to deliver 70% GDP by 2043'  The Nation Newspaper
The Minister of National Planning, Dr. Abubakar Sulaiman, has said the Federal Government is targeting a growth of about 70 per cent in the Gross Domestic Product (GDP) from the current 20 to 25 per cent through the National Integrated Infrastructure ...

Nigeria targets 70% GDP growth by 2043 though infrastructure   WorldStage

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FIIRO Targets 250000 Jobs  Leadership Newspapers
The Federal Institute of Industrial Research Oshodi (FIIRO) said the institute has the capacity to technically create about 250,000 direct jobs through its on-going techno-investment programme. Director-general of FIIRO, Mrs Gloria Elemo, made this known in ...


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