1
.
FirstBank has recently announced the launch of FBN Bank Ghana, following the agreement reached by First Bank of Nigeria Limited and International Commercial Bank Financial Group Holdings Ag (ICBFGH) for the acquisition of a 100 per cent equity interest in ICB Ghana.
2. The Lagos State Government has unveiled an action plan, which it said would
make it compulsory for drivers and motorists across the state to refrain from using horns and other related devices on October 15th annually.
3. Since August when government commissioned the Treatment Research Group on Ebola Virus, 15 cure claims for the disease have been sent to the panel, officials have said. The Co-Chairman of the group, Prof. Innocent Ujah, told The Guardian on the sidelines of a press briefing in Abuja on Wednesday that
Nigerian scientists and researchers had so far submitted 15 claims for Ebola cure.
4. Lagos marketing communications agency,
X3M Ideas has won the coveted award of the “Telecom Marketing Company of the Year” at the 10th edition of the Nigerian Telecom Awards which held last Saturday in Lagos.
5. The
German Government has promised to establish a green agricultural center in Ogun State just as harvesting at the state’s 250 hectres Rice farm in Eggua Yewa North Local Government commenced. German Minister of Economic Cooperation, Mr. Gerd Muller, explained that the center, to be cited within a tertiary institution, would be used for the sole purpose of an innovation center where his government and the Ogun state government intend to intensify its ties and cooperation.
6. In a bid to plug the infrastructure gap in developing nations, including Nigeria, the
World Bank Group Thursday launched a new Global Infrastructure Facility (GIF), which has the potential to unlock billions of dollars for infrastructure in the developing world. Among the partners are the Nigeria Sovereign Investment Authority (NSIA), manager of the Sovereign Wealth Fund (SWF) and 26 others, including governments.
7. Fitch Ratings Agency yesterday in London said in a new special report that
Nigerian banks are performing well despite the twin hurdles of tight monetary policy actions and new banking rules. The rating Agency however warned that Nigerian banks are now seeing some asset quality deterioration with rising absolute non performing loans, reflecting fast loan growth since 2011.
8. StarTimes, a digital terrestrial television (DTT) pay TV operator, recently announced that
it will be offering a channel named Dadin Kowa to cater for its audience who speak Hausa. The objective of the channel is to showcase the rich cultural attributes of the Hausas.
9.
Skye Bank Plc has signed an Agreement for the purchase of 100 per cent shares of Mainstreet Bank from the Asset Management Corporation of Nigeria (AMCON). The Agreement, was signed at the Lagos office of the Asset AMCON on Wednesday.
10.The Nigerian Stock Exchange (NSE) has said that the
launch of X-Gen last year has brought innovative and enhanced trading capabilities to the nation’s capital market. According to its Executive Director, Market Operations and Technology, Mr. Ade Bajoma, X-GEN has demonstrated its innovative trading capabilities and the Nigerian capital market has benefited immensely. “It remains the game changer. This platform has enabled the Exchange to create an improved trading experience”, he said.
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This article was first published on 10th October 2014
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