THE Bank of Industry’s s intervention in the nation’s real sector, especially in the cables and wires industry, has increased local production of electric cables by 28,000 metric tonnes following the expansion of Coleman Wires and Cables factory from 2000 metric tonnes to 30,000 metric tonnes.

The Nigerian Society of Mining Engineers, NSME, has called on the Federal Government to muster the political will to develop the solid minerals sector, its President, Mr Benjamin Onwude, urged at the NSME Conference held in Jos, Plateau State, recently.

“Investors should be educated to complete separate forms for each shareholder account number, as upload of e-Dividend Mandate Forms shall be on the basis of individual shareholder number and company of investment indicated by the investor on the physical e-Dividend Mandate Form.”

The Director-General of the Securities and Exchange Commission, Mounir Gwarzo, has called for a strict compliance with Corporate Governance codes by companies operating in the country.

The need to impact on the lives of thousands of people that are not connected to the national grid in remote villages across the country gave birth to the partnership for power generation through its Solar Energy to improve their living standard.

The Standard Bank Group has expressed its readiness for a fair resolution of the tussle between its Nigerian subsidiary, Stanbic IBTC and the Financial Reporting Council of Nigeria (FRCN).

THE Central Bank of Nigeria CBN will soon introduce a set of measures that will protect bank customers from unethical interest rates, illegal charges and other manipulations by bank officials. The rules which are in draft form are aimed at protecting bank customers from excessive exploitation by banks. The draft rules are currently being discussed by stakeholders. According to the soon-to-be-introduced rules, the “CBN shall ensure that operators (banks), establish structures to prohibit predatory lending and hence support a positive credit culture in the industr

There were indications that Central Bank of Nigeria, CBN, may have silently effected a major shift in its monetary policy framework and liquidity policy following over seven weeks consistent high liquidity in the banking system curtesy of the apex bank. Consequently, money market analysts dubbed the development a pseudo quantitative easing, QE, cycle aimed at propping up the economy through increased bank lending leverage.

It is has not been smooth but I thank God almighty that Air Peace has come to stay. A lot of people didn’t give us the chance of the benefit of doubt that we will be where we are today but I think, looking at all the figures and every yardstick Air Peace is the airline to beat now. Some of the few strides or mile stones recorded in the last one year in terms of passenger figures according to Onyema “ Air Peace is an airline of many first. We started creating records right from day one.

The Managing Director and Chief Executive of the NDIC, Alhaji Umaru Ibrahim stated this at the opening ceremony of the Corporation’s 2015 Sensitization Seminar for Judges of States and Federal Capital Territory (FCT) High Courts in Abuja. Alhaji Ibrahim said that no matter how robust the NDIC’s extant laws, the Corporation needed the legal support from the judiciary to achieve its mandate, adding that the Corporation would continue to seek the cooperation and understanding of the judiciary, given that the Judiciary is constitutionally vested with the powers of interpretation of statutes and laws in the Federation.