Eastern Ports Rehabilitation: FG awards Escravos Channel dredging, breakwater reconstruction
As part of efforts to revitalize the Eastern ports, the Federal Government, through the Nigerian Ports Authority (NPA), has awarded the contract for the reconstruction of the dilapidated Escravos Channel at Warri Port, Delta State. Confirming the development, Mr. Ikechukwu Oyenmakara, General Manager of Corporate and Strategic Communication at the Nigerian Ports Authority, stated that […]
Yuletide season: Analysts differ on equities performance forecast
FINANCIAL analysts have expressed divergent positions in their forecasts on equities market performance this week on the Nigerian Stock Exchange, NSE.
Fund transfer: Between NIP and NEFT
THERE are different types of funds transfer services and it is important for bank customers to understand the differences and implications.
Skye Bank, Zenith, others lead Lagos security trust fund
SKYE Bank Plc, one of Nigeria’s leading retail commercial banks and six other companies have been commended and awarded platinum prize for committing huge resources in support of securing lives and property in Lagos State.
Excess liquidity to hit N1tr as TB repayment deflates cost of funds
THE amount of idle cash (excess liquidity) in the interbank money market may cross the N1 trillion mark this week following the upsurge in market liquidity last week, which caused cost of funds to fall to the lowest level this year.
Wary investors steer clear of FGN Savings Bond
INVESTORS appetite for the newly introduced Federal Government of Nigeria, FGN, Savings Bond (FGN-SB or Savings Bond) has eroded by 88 percent as at November, 2017. But the Debt Management Office (DMO), the issuers of the bond, and market analysts are divided over the performance.
