Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has released its six months unaudited results for the period ended 30 June 2015, with gross earnings at N68.3 billion, an increase of 11 percent over the N61.7 billion recorded in the comparable period of last year. According to the result, which was presented at the Nigerian Stock Exchange, NSE in Lagos weekend, profit before tax during the period stood at N9.5 billion, while profit after tax was N9.6 billion. Total assets went up nine percent to N1.03 trillion from N944.5 billion in December 2014.

The Nigerian Stock Exchange (NSE) has created NSE Pension 40 Index as part of key initiatives to drive market optimisation. The NSE Pension Index conforms with the requirements of the Pension industry as specified in the Pension Reform Act 2014 (as amended) and Regulation on Investment of Pension Fund Assets as prepared and amended by the National Pension Commission.

Turnover in the OTC market for the month of June 2015 was N9.67trn, a decline of 17 per cent or N1.95trn compared with the previous month’s and a 60 per cent or N3.62trillion increase compared to June 2014 Activities in the T.bills and FX segments of the OTC markets jointly§ contributed 64% to the total turnover, down from 67 per cent recorded in the previous month Repurchase Agreements/Buy-Backs recorded an increase over the review period whilst Forex , FX, Treasury , T. bills, FGN bonds and Unsecured Placements/Takings declined

Activities at the Nigerian Stock Exchange (NSE) on Friday remained on a negative note, just as investors staked N3.94 billion on 475.01 million shares transacted in 3,007 deals. The News Agency of Nigeria (NAN) reports that the volume of shares traded closed higher compared with 222.19 million shares valued N4.25 billion exchanged in 3,714 deals on Thursday. Multiverse emerged the most traded equity with an exchange of 210 million shares worth N105 million traded in five deals.

With the growing trend of election violence and insurgency in the country, doctors under the aegis of the National Orthopaedic Hospital Igbobi, Lagos, NOHIL-ARD, are seeking ways of ensuring that experts in management of acute trauma patients adopt standardised and validated approaches to managing patients.

The Federal Government has declared Kaduna Inland Container Depot (ICD) a port of origin and final destination to extend shipping services to hinterlands and landlocked areas to decongest the ports. Notice of the declaration is contained in a statement signed by Mr Ignatius Nweke, the Deputy Director, Public Relations of the Nigerian Shippers’ Council (NSC), made available to newsmen on Friday in Lagos.

Technical education is a planned programme of courses and learning experiences that begins with exploration of career options, supports basic academic and life skills, and enables achievement of high academic standards, leadership, preparation for industry-defined work, and advanced and continuing education. Vocational education and training prepares learners for careers that are based in manual or practical activities, traditionally non-academic and totally related to a specific trade, occupation or vocation.

There are plenty of factors to consider when thinking about the location of a property. It is important that you prioritise what is the most important to you in terms of location before starting your search, as this will save you time in the long run. For example, how important are the local amenities to you?

The Nigerians in Diaspora organisation (NIDO) said its members remitted about $63.17 billion (N10.35 trillion) into the country between 2011 and June 2014. Dr George Manuwuike, the Chairman Board of Trustees of NIDO, stated this in Abuja during a news conference on the Diaspora Day 2015 scheduled to hold from July 23 to July 27 in Abuja. Manuwuike said that the Diaspora remittance was second only to oil and gas revenue as the highest foreign exchange injection to the Nigerian economy.

UMUAHIA—ABIA State governorship candidate on the platform of All Progressive Grand Alliance [APGA] in the last general elections, Dr. Alex Otti has denied rumours that he was negotiating with Governor Okezie Ikpeazu and his party, PDP to drop his petition at the tribunal describing the rumours as “wicked, baseless and blatant falsehood”.

Barely a week after pledging support for rice farmers and processing companies in Nigeria, the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, CON, has underscored the Bank’s determination to lead the revitalisation of the oil palm sector in Nigeria in order to provide jobs for Nigerians. Mr. Emefiele made the pledge in Abuja on Friday, July 10, 2015, during a meeting between the Bank’s management and oil palm value chain stakeholders to agree on a road map to resolve the challenges in the oil palm value chain in Nigeria.

THE All Progressives Congress (APC), yesterday, asked the Peoples Democratic Party (PDP) to account for $5.5 billion realised from Nigeria Liquefied Natural Gas (NLNG) since 2004.

Zenith Bank has become the first company in Nigeria to achieve at once three certifications from British Standards Institution (BSI). Last week the bank achieved the BIS certifications for Information Security Management System ISO/IEC 27001:20013, IT Service Management System ISO/IEC 20000-1:2011 and Business Continuity Management System, ISO 22301:2012.

Accion Microfinance Bank (AMfB) is targeting micro entrepreneurs and low income earners in Port Harcourt (PH) Rivers State with a viewing to expanding beyond Lagos. The bank with about 20 branches in the south west region has been operational since inception in 2007.

Manufacturers Association of Nigeria and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture arms of the Organised Private Sector, OPS, have called for the take off of the SMEs Development Bank of Nigeria (DBN) without further delay. Vanguard learned that since the Bank with $1 billion capital base was inaugurated last year by the Federal Government to cater for the credit needs of manufacturers in the micro, Small and Medium Enterprises (MSMEs) sectors of the economy, it has neither office nor Board of directors.