Nigeria Business News http://businessnews.com.ng Nigeria Business News Sat, 10 Apr 2021 05:17:59 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.26 FCMB Bank (UK) Limited Launches Personal and Business Banking Proposition to Deepen Inclusiveness http://businessnews.com.ng/2018/08/01/fcmb-bank-uk-limited-launches-personal-and-business-banking-proposition-to-deepen-inclusiveness/ Wed, 01 Aug 2018 15:47:40 +0000 http://businessnews.com.ng/?p=126264 FCMB Bank (UK) Limited, an independently incorporated subsidiary of First City Monument Bank Limited (which is a member of FCMB Group Plc), has introduced its Personal and Business banking proposition in London, United Kingdom and Lagos, Nigeria at an impressive ceremony attended by the top echelon of the business community within and from outside the […]

FCMB Bank (UK) Limited Launches Personal and Business Banking Proposition to Deepen Inclusiveness

]]> The Worrisome Trend of Sensational Social Media “Journalism” and the Impact On Legitimate Business Concerns: Recent Travails of FCMB, GTBank and First Bank http://businessnews.com.ng/2018/06/26/the-worrisome-trend-of-sensational-social-media-journalism-and-the-impact-on-legitimate-business-concerns-recent-travails-of-fcmb-gtbank-and-first-bank/ Tue, 26 Jun 2018 16:52:45 +0000 http://businessnews.com.ng/?p=126254 On June 25, 2018 I woke up to yet another social media trend – a news story with the bold and quite salacious headline “How Safe Are Customer Deposits At FCMB?” had taken over the digital airwaves. Between the shares and likes and comments, a storm in a cup had brewed to great proportions in […]

The Worrisome Trend of Sensational Social Media “Journalism” and the Impact On Legitimate Business Concerns: Recent Travails of FCMB, GTBank and First Bank

]]> FCMB attains ISO Certification for Quality Management http://businessnews.com.ng/2018/05/16/fcmb-attains-iso-certification-for-quality-management/ Wed, 16 May 2018 17:28:29 +0000 http://businessnews.com.ng/?p=126241 Leading financial services provider, First City Monument Bank (FCMB), has been awarded the prestigious International Organisation for Standardisation (ISO) 9001:2015 certificate for Quality Management System. The Bank was presented with the certificate by the Standards Organisation of Nigeria (SON), following a comprehensive audit and evaluation exercise conducted by the Organisation. The exercise covered departments and […]

FCMB attains ISO Certification for Quality Management

]]> Over 1,000 firms bid for 2017 railway projects http://businessnews.com.ng/2017/10/20/over-1000-firms-bid-for-2017-railway-projects/ http://businessnews.com.ng/2017/10/20/over-1000-firms-bid-for-2017-railway-projects/#comments Fri, 20 Oct 2017 01:11:00 +0000 http://businessnews.com.ng/?p=126222 Over 1000 companies expressed interest in 17 categories of projects for the 2017 capital projects of the Nigerian Railway Corporation (NRC). The Managing Director of the NRC, Engr. Fidet Okhiria disclosed this on Tuesday while declaring open the process for the opening of bids for the projects. The formal opening of bids held at the […]

Over 1,000 firms bid for 2017 railway projects

]]> http://businessnews.com.ng/2017/10/20/over-1000-firms-bid-for-2017-railway-projects/feed/ 2 NAICOM moves to enforce compulsory insurance of public buildings http://businessnews.com.ng/2017/10/20/naicom-moves-to-enforce-compulsory-insurance-of-public-buildings/ http://businessnews.com.ng/2017/10/20/naicom-moves-to-enforce-compulsory-insurance-of-public-buildings/#comments Thu, 19 Oct 2017 23:10:02 +0000 http://businessnews.com.ng/?p=126221 To drive the enforcement of the compulsory insurance of public buildings across the country, The National Insurance Commission (NAICOM) in Abuja has inaugurated a technical committee. The committee was inaugurated by NAICOM’s Commissioner for Insurance, Mr Mohammed Kari, and it has membership drawn from NAICOM, the Federal Fire Service (FFS) from all the zones and […]

NAICOM moves to enforce compulsory insurance of public buildings

]]> http://businessnews.com.ng/2017/10/20/naicom-moves-to-enforce-compulsory-insurance-of-public-buildings/feed/ 11 Reps ask NPA to reverse termination of agreement with Intels http://businessnews.com.ng/2017/10/19/reps-ask-npa-to-reverse-termination-of-agreement-with-intels/ http://businessnews.com.ng/2017/10/19/reps-ask-npa-to-reverse-termination-of-agreement-with-intels/#comments Thu, 19 Oct 2017 02:06:18 +0000 http://businessnews.com.ng/?p=126212 The House of Representatives yesterday waded into the ongoing controversy between the Nigeria Ports Authority (NPA) and Intels Nigeria Limited. The House, while adopting a motion by Rep Diri Douye (PDP, Bayelsa), resolved to constitute an ad hoc panel to probe the circumstances that led to NPA’s decision to terminate an existing contract between it […]

Reps ask NPA to reverse termination of agreement with Intels

]]> http://businessnews.com.ng/2017/10/19/reps-ask-npa-to-reverse-termination-of-agreement-with-intels/feed/ 1 SEC suspends Oando shares from stock market http://businessnews.com.ng/2017/10/19/sec-suspends-oando-shares-from-stock-market/ http://businessnews.com.ng/2017/10/19/sec-suspends-oando-shares-from-stock-market/#comments Thu, 19 Oct 2017 02:04:35 +0000 http://businessnews.com.ng/?p=126203 The Securities and Exchange Commission has ordered the Nigerian Stock Exchange to suspend trading on the shares of Oando Plc. The commission said in a circular yesterday it had carried out a comprehensive review of the petitions by Alhaji Dahiru Barau Mangal and Ansbury Incorporated and made the following findings amongst others; Breach of the […]

SEC suspends Oando shares from stock market

]]> http://businessnews.com.ng/2017/10/19/sec-suspends-oando-shares-from-stock-market/feed/ 1 Fossil fuel demand to by 25% by 2040 – OPEC http://businessnews.com.ng/2017/10/19/fossil-fuel-demand-to-by-25-by-2040-opec/ http://businessnews.com.ng/2017/10/19/fossil-fuel-demand-to-by-25-by-2040-opec/#comments Wed, 18 Oct 2017 23:26:36 +0000 http://businessnews.com.ng/?p=126156 Fossil fuel demand will reduce by nearly 25 percent in the next two decades, the Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Mohammed Sanusi Barkindo has said. Speaking at the SPE Kuwait Oil & Gas Show and Conference in Kuwait City, yesterday, Barkindo however said fossil fuels will remain a dominant in […]

Fossil fuel demand to by 25% by 2040 – OPEC

]]> http://businessnews.com.ng/2017/10/19/fossil-fuel-demand-to-by-25-by-2040-opec/feed/ 2 Abuja DisCo meters 88,000 customers, targets 120,000 by December http://businessnews.com.ng/2017/10/18/abuja-disco-meters-88000-customers-targets-120000-by-december/ http://businessnews.com.ng/2017/10/18/abuja-disco-meters-88000-customers-targets-120000-by-december/#comments Wed, 18 Oct 2017 03:39:21 +0000 http://businessnews.com.ng/?p=126177 The Managing Director of Abuja Electricity Distribution Company (AEDC), Ernest Mupwaya said his company has installed 88,000 meters and would install 120,000 units by December 2017 to tackle complaints on estimated billing. upwaya said this at the opening of a two day workshop on energy theft for judges within the Federal Capital Territory (FCT). He […]

Abuja DisCo meters 88,000 customers, targets 120,000 by December

]]> http://businessnews.com.ng/2017/10/18/abuja-disco-meters-88000-customers-targets-120000-by-december/feed/ 3 NERC delays electricity tariff review for fourth time http://businessnews.com.ng/2017/10/18/nerc-delays-electricity-tariff-review-for-fourth-time/ Tue, 17 Oct 2017 23:33:38 +0000 http://businessnews.com.ng/?p=126176 The implementation of the Multi-Year Tariff Order (MYTO) framework for electricity pricing has again been delayed for the fourth minor review which occurs every six months. Daily Trust reports that the tariff which should now be at an average of N51 per kilowatt hour (kWh) is still at N31.8 as the implementation of the reviews […]

NERC delays electricity tariff review for fourth time

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