CHIEF Executive Officer, Polaris Bank, Tokunbo Abiru, has charged the bank’s newly hired employees on the need to be professional in the discharge of their responsibilities as a key ingredient for a successful banking career.

THE volume of dollars traded (turnover) in the Investors and Exporters (I&E) window of the foreign exchange market rose sharply by 38 percent, month-on-month, to $4.12 billion in July from $2.9 billion in June, 2019.

NIGERIA’s leading marginal field operator, Oriental Energy Resources Limited, OERL, has confirmed oil discovery in two deep  prospects that were identified during extensive subsurface studies in its offshore Ebok field.

I CAN’T meet my demands anymore and even those not on our bills are begging us to supply them, even from as far as China. So, we are saving Nigeria a lot of foreign exchange. So, the restriction on forex is good for the local industry because we are now being pushed to do more.”

PRICES of FGN bonds at the Over-the-Counter market, are expected to rise further this week driven by surplus liquidity in the interbank money market to be sustained by N83 billion inflows from maturing treasury bills.

In a move designed to transform the lives of the average citizen and consumer of goods, the Dangote Cement Promo has helped to put smiles on the faces of some Nigerians, who bought cement products to emerge lucky winners in the exercise.

Over time, investors in the Nigerian capital market have been complaining about the cumbersome process of taking ownership of the investments of their deceased family members. However, the  Commission said it has made some progress in attempting to resolve the issues around transmission of shares related to the estate of deceased investors, adding that the process has commenced with the Lagos State Probate Registry.

HONEYWELL Flour Mills Plc has recorded N19 billion gross earnings for its first quarter (Q1) ended June 30, 2019, representing seven percent increase compared to N17.7 billion posted in the corresponding quarter in 2018.

STERLING Bank Plc has recorded a net interest income growth of 19.1 percent to N30.4 billion for the half year ended June 30, 2019 as against N25.5 billion for the corresponding period of 2018, an indication of improvement in its lending obligation.

UNION Bank has announced the launch of the 2019 EdTech Challenge, aimed at promoting innovation in the education sector.