Kaduna State government has implemented ‘Buy Made- in- Nigeria products’ a policy initiated by the Federal Government to encourage consumption of local goods instead of foreign ones. Accordingly, the State government has directed all ministries and departments in the State to buy all their official vehicles from Peugeot Automobile of Nigeria(Pan), and all school uniform […]

A CHIEFTAIN of the Peoples Democratic Party, PDP, in Adamawa State, Alh Sadiq Aliyu Jada, has sued the party and its National Chairman, Chief Okwesilieze Nwodo before an Abuja High Court in Maitama over the waiver granted former Vice President Atiku Abubakar to contest the parties presidential primaries.

The Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) are set to introduce stricter regulations for microfinance banks this year.

In demonstration of its capacity to support infrastructure development projects in Africa and undertake major project financing, the pan African banking group, United Bank for Africa Plc, through its subsidiaries – UBA Gabon and UBA Capital (Africa), is collaborating with Company for the Development of Renewable Energy (CODER) and Gabon’s Ministry of Energy in the construction of a 36mw hydro power generating plant in the central Africa nation.

Dangote Cement Plc has emerged as African’s best cement manufacturer company with the presence of its plants in 14 different African countries.

Union Assurance Company Limited, a subsidiary of Union Bank Plc has recorded a gross premium of N2.39 billion for the financial year ended December 30, 2010.

The cause of ensuring a bright future for abandoned children is one that requires the attention of all Nigerians, the management of Oceanic Bank International Plc has said.

The Nigerian Stock Exchange (NSE) has resumed the new year, Tuesday 4, 2011, after a one day public holiday declared by the federal Government to hold Monday. However, the market indicators used for measuring the performance indices, the market capitalisation and the All share index appreciated by 1.34 per cent each.

Lagos Chamber of Commerce and Industry, LCCI, has called on the three arms of government to focus on revival of critical infrastructure in 2011 “All the three tiers of Government must rededicate themselves to the revitalization of critical infrastructures in the New Year.

The Nigerian Accounting Standards Board (NASB), has identified amendment of incompatible financial legislations and collaboration among financial regulators in the country as conditions for effective implementation of International Financial Reporting Standards (IFRS) in the country.