The naira has been projected to further depreciate in the coming years and may exchange for N202.7 to a dollar by 2015 according to International Monetary Fund evaluation of Nigeria macro economic indices. Projection by the multilateral institution said that in 2009, the naira will exchange on the average for N148.7 to the dollar while in 2010, it will go for N149.9 to the dollar.
Primary Mortgage Institutions (PMIs), under the aegis of Mortgage Bankers Association of Nigeria (MBAN), are seeking involvement in the collection and management of contributions to the National Housing Fund (NHF) scheme.
AS Americans and Turkish nationals are being evacuated from the troubled Egypt, President Goodluck Jonathan has directed the Immediate evacuation of Nigerians from the North Africa nation.
Wema Bank Plc, weekend announced that its Board of Directors has finally endorsed plans to concentrate on regional banking, even as it recovered N30 billion from its debtors.
PRESIDENT Goodluck Jonathan will this afternoon leave Adis Ababa, in Ethiopia, where he has been attending the 19th Session of the African Union, AU, for Turkey to begin a two-day state visit to that country.
The boom on the Nigerian Stock Exchange (NSE) paused Wednesday, last week, as profit takers rally on blue chip shares dragged down the performance indices, market capitalisation and the All share by 1.2 per cent.
Spring Bank shares have emerged as one of the most sought after on the Nigerian Stock Exchange (NSE) with demand spiraling price appreciation to 82% in the last three and half weeks of trading on the floor of the NSE.
The Coca-Cola Company, the International Federation of Red Cross, (IFRC) and Red Crescent Societies has forged a global partnership to expand their collaboration on disaster response in communities both organisations serve, as Coca-cola contributes about $40 million, invests another $2 million to support IFRC.
Lagos – Five Nigerian cricketers who participated in the U-19 Cricket World Cup Qualifiers in the African Division One in Namibia last August are to take part in the Elite Academy in South Africa.
REVELATIONS, yesterday, emerged of how former Head of State, General Muhammadu Buhari, backtracked from becoming the only candidate of the major opposition parties in the forthcoming presidential election and the offer of funds for his presidential campaign.
THE police officer who recently lost four of his six children to kerosene explosion in Oghara, Delta State, Mr. Hope Adeleke, has appealed to the federal and state governments, Police authorities as well as public spirited individuals to come to his assistance in off-setting the medical bills of his two surviving children and wife now on admission at the University of Benin Teaching Teaching Hospital, UBTH, Benin.
The Board of Trustees, BOT, of the Arewa Consultative Forum, ACF, has distanced itself from a recent communiqué purported to have been issued by the forum and rejecting the President Goodluck Jonathan as the presidential candidate of the People’s Democratic Party (PDP) in the April general elections.
Stanbic IBTC Bank Plc and Standard Bank of South Africa Limited has jointly acted as a lead arranger for a syndicated $143.3 million facility to Golden Sugar Company Limited
Speaker of the House of Representatives, Dimeji Bankole, has described as laughable alleged plot by his colleagues to oust him over their failure to win the tickets of the Peoples Democratic Party, PDP, at the primaries.
News
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- Onokpite’s death: Court orders autopsy
- 15 traders killed, burnt by gunmen in Zamfara
- Jubilation in Yenagoa as Police seal Govt House
- Sack of 5 govs: We accept S/Court judgment – PDP



