Uncertainty in FG’s policy cripples capital market growth – NSE boss
“When you compare them to the fact that the U.S is beginning to consider whether they should start increasing interest rate, and you also have the situation in Europe and Greece, which is really a European story. So if you have all of that, and you are looking from a global perspective where we are looking to have global growth of 3.5 percent, and we have the largest second economy in the world slowing down, which is a major source of that growth that we have seen across the globe. Sure it is going to affect economies that are highly connected to such economy.”
Tin-Can Customs command collects N185.7bn in 7 months – Spokesman
The Tin-Can Island Command of the Nigeria Customs Service, NCS said it collected N185.7 billion revenue from January to July 2015. The Public Relations Officer of the command, Mr Chris Osunkwo, made this known in Lagos. He described the sum collected as a remarkable improvement over the N162.3 billion collected in the corresponding period of January to July 2014.
Banks warned of increased cyber attacks
As cyber-security threats shift from hacking for fun to deliberate efforts in order to get financial information, an expert in information security has warned that banks, other financial institutions and large corporations in the country may experience cyber-attacks before the end of the year, unless they strengthen their cyber resilience through implementation of adequate technology.
Era of shoddy deals and undercover transactions over – SON
The Standards Organisation of Nigeria (SON) has said that with the introduction of the integration of systems and certificates into Nigeria Integrated Customs Information System (NICIS), the era of shoddy deals and undercover transactions is over.
Ecobank , Global Fund partner to eliminate Malaria, others
Ecobank and the Global Fund have continued their innovative financing partnership programme to contribute to the fight against malaria, Tuberculosis, TB and Human Immune Virus, HIV/AIDS. The programme is designed to strengthen the financial management skills of program implementers in Nigeria, South Sudan and Senegal. Ecobank has pledged $3 million towards the scheme.
Chams shuts digital mall, loses N9.2bn
Chams Plc, an indigenous ICT firm in Nigeria, has announced the shutdown of the Ikeja ChamsCity digital Mall, due to lack of use of its digital citizen registration and mass enrolments infrastructure, losing about N9.2 billion. Other business process outsourcing services offered at the digital mall that includes contact centre services, computer based testing, pre-qualification employee tests and staff training, will now be offered by ChamsCity from Its new location in Victoria Island, Lagos.
