Sterling Bank Plc says it has won the Housing Friendly Commercial Bank of the Year Award for its remarkable impact on housing delivery in the country’s housing sector. The Sterling Bank’s Non-Interest Banking Group Head, Mr. Basheer Oshodi, who received the award in Abuja on behalf of the lender, said the award followed the recognition […]

The Registrar-General, Corporate Affairs Commission, Bello Mahmud, on Monday said that an amendment of the Companies and Allied Matters Act would strengthen the regulatory and enforcement capacity of the commission. Mahmud, according to a statement by the Head, Public Affairs Unit, CAC, Mr. Godfrey Ike, said this at the 2017 Annual General Conference of the […]

The Federal Government generated N1.2bn in the last one year from the sale of the Combined Expatriate Residence Permit and Aliens Card to foreigners living and working in the country. It was gathered that the money was remitted to the government by Continental Transfer Technique Limited, the technical partner to the Nigeria Immigration Service, which […]

The Nigerian National Petroleum Corporation plans to award 80 per cent of crude lifting contracts to one of its subsidiaries, the NNPC Trading Limited. At the moment, 39 local and foreign firms are engaged in the crude lifting deals. The Managing Director of NNPC Trading Limited, Mr. Ibrahim Waya, disclosed this in an interview published […]

The President/Chief Executive of the Africa Finance Corporation (AFC), Mr. Andrew Alli and other leading experts in the financial sector are expected to proffer solution to the challenges of infrastructure financing in the country, at the 2017 annual conference of the Finance Correspondents Association of Nigeria (FICAN). Others expected at the annual event which holds […]

Vice-President Yemi Osinbajo on Monday said that a minimum amount of N700bn must be generated and shared by the Federation Account Allocation Committee monthly to the three tiers of government to enable them to meet up with obligations of salaries payment, statutory transfers and debt servicing. Osinbajo said this in Abuja at the opening session […]

The U.S. dollar won a reprieve from risk aversion  after North Korean Kim Jong Un held a party over the weekend rather than launch another missile, tempering safe havens such as the yen and Treasuries. In commodity markets, gold  softened 0.7 per cent to 1,337.81 dollars  an ounce and away from a one-year peak of […]

The Minister of Power, Works and housing, Mr. Babatunde Fashola, has asked the Nigeria Immigration Service to investigate the Managing Director of Egbin Power Plc, Mr. Dallas Peavey Jnr., an American, over his visa and work permit status in Nigeria. Fashola, who disclosed this at his 19th monthly meeting with operators in the electricity industry […]