Diamond Bank has commenced the implementation of Clirec, its accounts reconciliation solution which comes from the stable of Precise Financial Systems (PFS), a software provider. Clirec enables companies to reap the rewards of a more efficient operation.

The federal government is set to reposition and strengthen the operations of the Federal Mortgage Bank of Nigeria (FMBN) to enable it play a more vital role in the mortgage industry.

The Central Bank of Nigeria(CBN) on Thursday in Abuja said stakeholders in the microfinance sub-sector must partner to grow the industry. Dr Kingsley Moughalu, Deputy Governor, Financial System Stability, said this at a forum which had as theme: “ Building Successful Multi-Stakeholders’’ Partnership in Micro-finance.”

Nigeria government through the National Insurance Commission is leading West African countries in statutory subvention to the West African Insurance Institute (WAII) as Liberia, Ghana and Gambia are indebted to the institute.

Ahead of the launch of commercial services of its Glo 1 Submarine Cable, Globacom Limited has invited applications from bright, ambitious and suitably qualified candidates to fill an array of vacancies, including those of Chief Technical Officer, Planning and Provisioning Engineers, Sales and Legal Officers.

Panabiz International, has partnered The Hub Media Store for the display and sale of its range of office automation products.

The Association of Advertising Agencies of Nigeria (AAAN) has announced that its 37th AGM/Congress will hold in Kwara State.

NATIONAL Union of Food, Beverage and Tobacco Employees, NUFBTE, has threatened to shutdown the entire food and Beverage sector for alleged unfair labour practices by employers and managements in the industry.

First Bank of Nigeria Plc has recorded growth of 28.8 per cent in gross earnings in the financial year ended 31 December 2009.