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Skye Bank Pays N3.96b Dividend to Shareholders

Skye Bank Plc has paid the sum of N3.96 billion as dividend to its shareholders, translating to 30 kobo per share for the year ended December 31, 2013. The chairman of the bank, Mr. Olatunde Ayeni, disclosed this on Wednesday

CBN Wants Financial Literacy Taught in Nigerian Schools

Nigeria’s apex bank, Central Bank of Nigeria, CBN, said it would partner with the Federal Ministry of Education to develop a financial literacy curriculum. The Director, Consumer Protection Department of the bank, UmmaDutse, said this at a news conference in

NACIMMA to Hold Dialogue on Shipping Gridlock, June 2014

  The national president of Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Alhaji Mohammed Badaru Abubakar, has recently stated that the association will be holding a national dialogue session for a day purposed to address the

Pension Contributory Asset Hits N4.3 Trillion

Nigeria’s contributory pension asset hits a whooping N4.3 trillion, the Pension Operators Association of Nigeria, PenOp said on Tuesday. The asset belongs to about six million workers in various ministries, departments and agencies, MDAs. The National Chairman of the group,

Nigerian Electricity Regulatory Commission Fix New Electricity Tariff for N750

    The Nigerian Electricity Regulatory Commission has announced a N750 fixed charge. NERC Chairman, Dr. Sam Amadi, announced in Abuja that the new tariff would take effect from June 1 as provided for in the Multi-Year Tariff Order. He

GTB Named African Bank of 2014

    Nigerian financial institution, Guaranty Trust Bank Plc, has been named the ‘2014 African Bank of the Year’ for the second consecutive time by the African Banker magazine. The bank was given the award in Kigali, Rwanda. A statement

Mobile Web West Africa in Pictures

  Lagos, Nigeria played host to West Africa’s largest Mobile Web Conference, Mobile Web West Africa, organized by All Amber. The Mobile Web West Africawhich seeks to expand mobile data usage in West Africa and enhance relationships between stakeholders in

Ameobi and Newcastle Part Ways After 14 Years

  Nigerian striker, Shola Ameobi has been released by his club side, Newcastle FC after 14 years at the club. The 32-year old, who is part of Nigeria’s provisional World Cup squad, has been at the club all his career

Tim Godfrey Releases New Single KOMASI (No One)

  Republic Of Xtreme Music is at it again! The TIM GODFREY-led team is back with another single from the forthcoming double album ‘iWorship’ and ‘The Audience Of One’. The amazing minister T‎IM GODFREY features the Xtreme duo of

Late Nollywood Icon Amaka Igwe to be Buried in June

    Late Nollywood Icon and film-maker Amaka Igwe, who passed away on the 28th of April 2014 will be laid to rest on Friday, June 13th 2014 at Ndiuche Arondizuogu in Imo State, her marital home. Various events preceding

COSON Signs Copyright Royalty Agreement with Broadcast Stations

    After several meetings and bans, the Copyright Society of Nigeria, COSON, and Broadcast stations in Nigeria finally signed a music copyright royalty agreement on May 21, 2014 at Eko Hotel& Suites, Lagos. The agreement, which was made known

Gloo.ng Plans to Capture 5 % Percent of Online Grocery Market

  Chief Executive Officer of Gloo.ng, an online grocery store, Dr. Olumide Olusanya recently stated that he aims to capture at least 5 percent of Nigeria’s online grocery market in the next five years and the whole of Lagos

Book Tour for Chude Jideonwo’s ‘’Are We the Turning Point Generation?’’ Kicks Off in Johannesburg

Media entrepreneur and young African leader, Chude Jideonwo has kicked off the global tour for his new book. A book reading for the book, Are We the Turning Point Generation? held on Saturday, 17 May 2014 at the University of

Nigeria Said to be World’s 2nd Largest Market for Unilever

    Unilever Nigeria Plc has reported that Nigeria is its second largest market in the world. Putatively at least 28 million Nigerians use its Close-Up brand. At the launch of the new Close-Up variant, ‘Close-Up Naija Herbal Gel’, Category

Nigerian Oil and Gas Sector Attracts N52.921 Billion in Past 15 Months

  It has been reported that the Nigerian oil and gas sector has attracted foreign investments totalling N52.921 billion in the last 15 months, according to data gathered and a report released by the National Bureau of Statistics titled: “Nigerian

NGO Claims World Economic Forum for Africa, WEFA, Attract $68 Billion Investments in Nigeria

An Abuja-based non-governmental organisation, Freedom Organisation of Nigeria, FON, yesterday, Monday, May 19, 2014, revealed that the just concluded World Economic Forum for Africa, WEFA, had attracted over $68 billion investments in Nigeria. Frank Ohwofa, the Chairman of the non-governmental

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